A dedicated MSME pavilion has been proposed to be installed in the tradeshow with around 60 companies from the MSME sector covering medical devices, pharmaceuticals and allied industries.
Tens of thousands of MSMEs have registered for the Vriddhi programme from metros and Tier II and III cities across India.
A group of secretaries, chaired by the cabinet secretary, will ensure that the expenditure is within the outlay.
The Micro, Small and Medium Enterprises (MSME) sector contributes one-third to India's gross domestic product (GDP).
Kollam currently has 903 new manufacturing units, 3,132 service units, and 4,116 trade units, generating 18,252 jobs.
The letter stated that the Union government had decided to set up 20 new TCs as ‘hubs’ and 100 extension centres (ECs) as ‘spokes’ across the country.
Various industry representatives and associations had requested the state government to reduce the peak hour charges.
Addressing reporters after chairing a review meeting, Anbarasan said, “There are more than 1,000 retired Tantea staff in The Nilgiris district and they are still living in residential quarters.
The Railways has embarked upon innovation journey through a well-thought initiative called ‘Start-ups for Railway’ (SFR).
The bank has improved its mobile banking experience with the launch of new applications and also witnessed a 300 per cent increase in online banking services on a yearly basis.
Singapore-headquartered multi-national bank DBS plans to diversify its lending portfolio in the country into gold loans, consumer finance and MSME loans, from its strong suit of corporate lending.
The record growth in sales of khadi products has happened despite a partial coronavirus-induced lockdown in the first three months of 2021.
Proprietors claim banks reluctant to grant loans citing high risk, forcing them to rely on NBFCs
In budget speeches and election campaigns we are always told that MSMEs (Micro, Small and Medium Enterprises) are the backbone of the Indian economy.
Chief Minister MK Stalin wrote to Prime Minister Narendra Modi on Wednesday, requesting the announcement of an Emergency Credit Line Guarantee Scheme (ECLGS) for MSMEs.
CM directs officials to promote MSMEs in a big way in State; govt to clear incentives to industries, MSMEs in Feb
The offers are exclusive to sunrise or priority sectors identified by the government.
It will help them enjoy a level playing field with giants like Amazon, Flipkart
The weavers came together to form the KWCS and establish powerloom units at the textile park, said officials.
MSMEs face financial hardships and liquidity constraints which lead to severe pressure on their working capital management, and many of them turn into NPAs.