Recent News

Union Minister for MSME Kalraj Mishra said that the definition of Micro, Small and Medium Enterprises (MSME) will be revised soon.

Union Minister for MSME Kalraj Mishra said that the definition of Micro, Small and Medium Enterprises (MSME) will be revised soon. While addressing in the valedictory function of UCCI Expo here at the Exhibition Ground, Mr.Mishra said time has come to revise the limits of each sector in MSME which …

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NABARD Bill 2017 seeks to amend certain clauses in reference to MSMED Act, 2006

The National Bank for Agriculture and Rural Development (Amendment) Bill, 2017 introduced in the Lok Sabha seeks to amend certain clauses in the light of reference of the Micro, Small and Medium Enterprises Development Act, 2006 and the Companies Act, 2013 in the proposed legislation. The Bill foremost proposes to …

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During the year, the company’s main focus has been on increased outsourcing to MSME sector.

Two Bengaluru-based defence PSUs, Hindustan Aeronautics Limited (HAL) and Bharat Electronics Limited (BEL) reported record turnovers for year ending March 31, 2017. While HAL has posted the highest ever turnover of Rs 17,406 crore, BEL has reported a 17% increase in its turnover. In a press note, BEL’s CMD said, …

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KVIC has received its largest bulk order worth over Rs 2 crore from Raymond Ltd

In a major boost for khadi, the Khadi and Village Industries Commission (KVIC) has received its largest bulk order worth over Rs 2 crore from Raymond Ltd for the supply of 98,000 m khadi fabric. Of the total 98,000 m of fabric, 32,000 m will be supplied by the end …

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IRRI and FAO step up joint efforts to globally bolster sustainable rice production

FAO and the International Rice Research Institute (IRRI) have agreed to cooperate more closely to support sustainable rice production in developing countries to improve food security and livelihoods while safeguarding natural resources. An agreement signed today seeks to better pool the scientific knowledge and technical know-how of the two organizations …

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Rs. 182.3 crore has been released for 18 projects for sectors including agriculture and animal husbandry, water resources, coastal areas, biodiversity and ecosystem services.

Kisaano ki Samriddhi”, the well-being of farmers is vital to the nation’s prosperity. Kisan is the sentinel of our food security. Annadaata Sukhibhava has been one of our fundamental civilizational values. It is the time the government is taking several steps to usher in Second Green Revolution in the entire …

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HortiTechIndia convenant signed to upgrade India’s horticulture sector

The Netherlands and India will work together to develop Dutch solutions for the Indian horticultural sector. Last week a number of parties signed the new Partners for International Business (PIB) convenant HortiTechIndia. The convenant was signed by Ad Bischoff from the Netherlands Enterprise Agency, Davinia Lamme from Larive International and …

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PM Modi bats for IT to solve problems at Smart India Hackathon

Prime Minister Narendra Modi on Saturday pitched for enhanced use of information technology to solve day-to-day problems faced by the society and urged budding innovators to come out with solutions. Addressing over 10,000 participants in the Smart India hackathon, an HRD ministry initiative to promote innovation, especially among engineering students, …

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Civil society members recommends New Development Bank (NDB) to focus on small scale investments

The New Development Bank (NDB), also known as the BRICS Bank, should focus on small scale investments instead of large scale infrastructure projects which often bring more negative impact, the civil society members recommended. During the day-long convention on the “People’s perspectives on the New Development Bank” organised by the …

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MSME Ministry holds bilateral meets with S Korea and Canada. Bilateral meeting b/w S. Korea & India on the cooperation in MSME Sector held.

Union MSME Minister Kalraj Mishra held bilateral meet with SME Minister from South Korea over for better cooperation in MSME sector. Delegation from Indian side includes MoS MSME Hari Bhai Parthibhai Chowdhary, MSME Secretary K K Jalan and JS SME Manoj Joshi. In a tweet, Mishra wrote, “Bilateral meeting b/w …

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