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Tuesday, November 5, 2024

MSME

Five ways by which technology can help in the growth of SME

The SME sector plays as a very critical aspect in the economic development of the country. It contributes to 40%, exports that happen in India, 45% in the manufacturing output and close to 20% GDP of India. It is...

The growing role of Auto cluster on MSMEs

The government wants to make 100 million occupations by 2022 and to build the share of assembling in GDP to 25%. In this specific situation, an essential question is: What are the vSMESM which hold the best potential for...

Understanding about different funding options for MSMEs

The SME part otherwise called the MSME division assumes a significant part when it comes into the Indian economy. It is a route towards the social monetary change in India. Yet at the same time in the underdeveloped nations...

The Goods and Services tax vs Current tax structure and GST impact on MSMEs

Following 10 years in length hold up, India will at long last execute the Goods and Service assesses   from July 1, the GST will help evacuate charge hindrances between states, making a solitary market. The take off will supplant...

Conversation with MR. VIJAY KALANTRI, President, All India Association of Industries & Vice Chairman of World Trade Center, Mumbai on GST

1. Do you agree that implementation of the GST would be a boon for the economy? Can you please elaborate? GST is a move towards higher economic growth by creating a ‘common economic market’. It is a major step towards...

Funding for the SMEs: Venture Capital for the MSMEs

Venture capital is emerging as a significant source of funding for the MSMEs (Micro, Small and Medium Enterprises) in India. The SMEs in the previous times depended greatly on funds from the Banking sector for the work capital requirements...

Doubling of SIDBI Fund of Funds Operations Focusing MSME and Startups

In its 7th meeting on the February 11, 2017 VCIC examined requests from 11 fund managers and cleared for sanction requests from 9 Funds aggregating Rs. 300 crores. It is evident that there is a significant upsurge in the...

New Impetus to the SMEs and Make in India

The Commerce and Industry Minister of India, Smt. Nirmala Sitharaman welcomed the Union Budget 2017-18 on a happy note to the SMEs and the Make in India initiative by the Central Government. The Union Budget that was presented by...
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Latest News

GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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