Recent News

Initiatives for Women Entrepreneurs

Women entrepreneurs have achieved remarkable success. The Micro, Small & Medium Enterprises Development Organisation (MSME-DO), the various State Small Industries Development Corporations (SSIDCs), the nationalised banks and even NGOs are conducting various programmes including Entrepreneurship Development Programmes (EDPs). To cater to the needs of potential women entrepreneurs, who may not …

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MSMEs are Exempted from PF Contribution for 3 Years

In order to promote employment in country, Employees’ Provident Fund Organization (EPFO) has announced that the Centre will bear the entire burden of 8.33 percent employer’s PF contribution for first three years to all employees that undertook employment, beginning 1st April 2016 with their respective employers with monthly wages not …

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The centre will also provide technical assistance to weavers.

In an effort to make a one-stop centre for weavers which would provide various services, including banking, passport, insurance, PAN card, voter ID and AADHAAR, Textiles Minister Smriti Zubin Irani said the weavers would be reap the benefits from Weavers’ Service Centres (WSCs). The centre will also provide technical assistance …

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MSME launches gold jewellery appraisal course – Coimbatore

The MSME Development Institute, Coimbatore, invites aspiring entrepreneurs to participate in a 10-day training session on quality and value appraisal of gold jewellery. In a statement, Jeyachandran, Deputy Director (in-charge) of MSME DI, Coimbatore (established by the Union Ministry of Micro, Small and Medium Enterprises), said, “The training would be …

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TCS iON to launch GST Shiksha hub for MSMEs

TCS iON, a strategic unit of Tata Consultancy Services, a global IT services, consulting and business solutions organization today announced a partnership with Laghu Udyog Bharati, an association of small and micro industrial units to launch GST related content that can help Micro, Small and Medium Enterprises (MSMEs) to be …

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SAP plans to digitise 1 lakh MSME companies

Technology major SAP plans to digitise 1 lakh companies in India as it believes an increasing number of small businesses will have to comply with the new tax era. The company, however, did not give a timeline by which it plans to achieve this number. This development comes close on …

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Facebook to train 25,000 MSME, SHG Entrepreneurs in Odisha

In line with the mission of government to promote entrepreneurship and digital literacy, it has been decided to organise hands-on workshops for Micro, Small and Medium Women Entrepreneurs and Women SHGs on ‘Digital Marketing Skills’ in collaboration with Facebook. In a meeting chaired by Shri L.N. Gupta, Additional Chief Secretary, …

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Stand-Up India Scheme for financing SC/ST and/or Women Entrepreneurs

Registration Form Objective The objective of the Stand-Up India scheme is to facilitate bank loans between 10 lakh and 1 Crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise. This enterprise …

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Handloom Schemes

Vision To develop a strong, vibrant Handloom Sector to provide sustainable employment to Handloom weavers. Mission To make the  Handloom sector self sustainable for inclusive growth. Empowerment of the weavers through  technological upgradation. Focused, flexible and holistic approach to meet the challenges of domestic and global market. Brand building in …

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National Handloom Day: PM Modi ask nation to use handloom products in our daily lives

August 7th is a “National Handloom Day” for us. Many People across the nation celebrating this day by using the products of Handloom.  Respected Prime Minister Narendra Modi on Sunday requested the citizens to give a momentum to the handloom sector and use more of the product in daily lives. …

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