[vc_row][vc_column][vc_column_text]Minister for Micro, Small and Medium Enterprises (MSMEs) Giriraj Singh informed that the MSME sector created four crore jobs across the length and breadth of India in the last four years. After agriculture, the MSME sector has been the second largest employment provider in India. A significant point is that this
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Industrial News India
Industrial News India (Industry News) keeps the members of the Peenya Industrial Association, as well as the industries in and around Peenya, about industry-related and financial policies of the Karnataka government as well as the central government in New Delhi. The Industrial News ( industry news) covers industrial policies that the Ministry of Micro Small and Medium Enterprises, and the Ministry of Finance put forth.
Industrial News India (industry news) will also include news that includes official statements by the finance minister of the Karnataka government and MSME minister in the central government, which would either benefit or negatively affect the small and medium industries, including those in and around Peenya.
Industrial News India (industry news) also includes opinions by the heads of industrial associations within Karnataka or from other states or at the all-India level about policies of the government that usually affects businesses.
Industrial News India (industry news) also includes news about major public sector units such as BEL, ISRO seeking collaboration for manufacture of certain components for their projects. This kind of news would be an opportunity for industries including those in and around Peenya to express interest in bidding for collaboration.
Udyam Sangam 2018 held to Mark World MSME Day
[vc_row][vc_column][vc_column_text]As part of the International MSME Day 2018 on 27 June, India’s President Ram Nath Kovind officially commenced the “Udyam Sangam 2018” in New Delhi. On this occasion, the President said the UdyamSakhi portal of the MSME Ministry would provide training to about 80 lakh women, thus helping them, as
Union Government to Launch MSME Job Portal on Eve of Conclave
[vc_row][vc_column][vc_column_text]The Government of India will launch a job portal for the Micro, Small and Medium Enterprises (MSME) sector, on the eve of UN MSME Day (27 June). The government bids to boost employment opportunities through this portal. According to MSME Secretary Arun Kumar Panda, this portal is expected to benefit both
Gowda Assures Industrialists of Positive Investment Atmosphere
[vc_row][vc_column][vc_column_text]Addressing a group of 350 industry leaders at the Bengaluru Chamber of Industry and Commerce (BCIC), former Prime Minister and Janata Dal (Secular) National President H D Deve Gowda assured them that the JD(S)-Congress coalition government in Karnataka would strive to ensure the ease of doing business in the state. Gowda,
MSME Segment Register Positive Credit Growth
[vc_row][vc_column][vc_column_text]The credit bureau CIBIL and MSME lender SIDBI released the second edition of the “MSME Pulse”, which stated that the MSME segment is growing at a positive rate of 15%. The market shares of private banks and non-banking financial companies continue to improve, more so with SME borrowers with better rates.
Industries Minister Pins Hopes on MSMEs to Propel a New India
[vc_row][vc_column][vc_column_text]Suresh Prabhu, the Union commerce and industries minister, hoped that the Micro, Small andn Medium Enterprises (MSMEs) would be the catalysts for a new India by creating more economic opportunities. He acknowledged the importance of the MSME sector and start-ups in helping India achieve growth. Prabhu spoke at the 5 th
Solar Industry in India Confused and Disappointed by GST
PMMY Scheme Boosts Number of MSMEs in India
[vc_row][vc_column][vc_column_text]The number of Micro, Small and Medium Enterprises (MSMEs) in India has risen by 25 per cent. This is because the Narendra Modi government’s Pradhan Mantri Mudra Yojana (PMMY) — a scheme to provide easy loans to non-corporate and non-farm small industries — has started to show results.According to the
FKCCI Wants SME Trade Licences Abolished
[vc_row][vc_column][vc_column_text]A 30-member Federation of Karnataka Chamber of Commerce and Industry (FKCCI) delegation led by its President-Elect Sudhakar S. Shetty met Karnataka Chief Minister H. D. Kumaraswamy at Vidhana Soudha in Bengaluru earlier this month. In a 30-minute interaction, the delegation apprised the CM about various issues that the industries are facing.
RBI Eases NPA Classification Norms For MSMEs
[vc_row][vc_column][vc_column_text] The Reserve Bank of India (RBI) eased NPA classification norms for MSMEs facing input credit linkage and related issues. This has come as a major relief to the MSME sector. In a tweet, Financial Services Secretary Rajiv Kumar said that to continue support to MSMEs, the RBI has revised NPA recognition