[vc_row][vc_column][vc_column_text]The government had recently put forth its intention to change the definition of the micro, small and medium enterprises (MSME), by introducing a bill that sought to change the definition of the MSMEs. The existing criterion is “investment in plant and machinery or equipment” and the proposed criterion is “annual
Tag: Flagship Programme
State Government Hikes Water Tariff For Industrial Use by Nearly 100 Times
[vc_row][vc_column][vc_column_text] Industries in Karnataka will have to pay nearly 100 times more for water that they draw from reservoirs, canals, lakes and dams for industrial purposes. The Karnataka government has hiked the tariff from INR 3,200 to INR 3 lakh for every million cubic feet (MCft). The tariff of water drawn
PM’s Flagship Programme Under MSME Ministry
[vc_row][vc_column][vc_column_text] The Narendra Modi government completed four years in office. The Prime Minister’s Employment Generation Programme (PMEGP) has been one of its flagship programmes. Under this, the government offers credit-linked subsidy to businesses to establish new enterprises for generating continuous and sustainable employment opportunities in the rural and urban areas of