Recent News

Honey Bee Farming India

Khadi & Village Industries Commission with the inspiration of Rastrapita Mahatma Gandhi took the task of development of the beekeeping Industry with a view to uplift the financial status of people living in extremely interiorrural areas by introducing and popularizing modern beekeeping. Since time immemorial beekeeping was practiced traditionally in …

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MSME suppliers can get their invoices discounted at lower interest rates on TReDS

What is TReDS? It is an electronic platform that allows auctioning of trade receivable. The process is also commonly known as ‘bills discounting’, a financier (typically a bank) buying a bill (trade receivable) from a seller of goods before it’s due or before the buyer credits the value of the bill. …

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Innovative Business Development: New Tools and Techniques for MSMEs 21-23 Aug 2017

Register Now Innovative Business Development: New Tools and Techniques for MSMEs Sustainable economic development is at the top of the political agenda in most of the countries. The aim of these countries is to see growth to be ‘faster, sustainable and more inclusive’. Every year, around 12 to 13 million …

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What is ECGC and how does ECGC protect MSME exporters?

Export Credit Guarantee Corporation is a central government undertaking body to provide credit guarantee on the default of payments by the buyer. It works as an insurance firm who guarantees export payment, if the buyer defaults in making payment. Procedures with ECGC to cover insurance: Once after finalising the order, …

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Writing the business plan

A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals. Business plans may also target changes in …

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Banana Fibre extraction and weaving – Research paper

INTRODUCTION Banana fibre is eco friendly like jute fibre. The technology of banana fibre extraction has been developed in South India where in a good number of banana fibre extraction units have been running very successfully. Some firms are exporting the banana fibre products. Banana growing states of N.E.Region has …

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Delhi to host fourth India-International MSME & Startup Expo 2017

MSME Development Forum, in association with the Ministry of Railways and Ministry of Commerce and Industry (DIPP and Invest India) is organising the fourth edition of ‘India International MSME & Start-Up Expo-2017’ and second ‘startup fest’ and ‘laghu udyog vyapar mela’, from August 24 to 26, at Pragati Maidan in …

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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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