'Pharma sector: Clusters to help small units to scale-up with minimum cost'
Jayarama Emani | The Dollar Business The recently launched Clusters Development Programme (CDP) for Pharma Sector is a very good scheme that will boost the small scale industry (SSI), said an expert. Speaking to The Dollar Business, Dr. P V Appaji, Director-General, Pharmaceutical Export Promotion Council of India (Pharmexcil), said “The CDP scheme is formulated with specific focus on SSIs. Any 10 members can form a society and avail Rs 20 crore fund support from government for development of their cluster. Pharmexcil will study the scheme in detail and will support the members all over India for cluster growth. Though the amounts involved are small, we are confident it will work good for the small units.” The following benefits are likely ...
Employment likely to grow in tandem with growth in MSME sector
The Dollar Business Bureau “With the Ministry of MSME implementing a number of schemes and programmes for the benefit of MSME Manufacturing sector across the country relating to credit, infrastructure development, and technology upgradation, employment in MSME manufacturing segment is growing in tandem with the growth in the number of enterprises,” said Minister of State, Micro, Small and Medium Enterprises, Giriraj Singh. The MSME Manufacturing sector has great potential to create more jobs in the country. As per the results of Fourth All India Census of Micro, Small & Medium Enterprises (MSME) and Economic Census 2005, the number of working enterprises in MSME sector was 361.76 lakhs in the year 2006-07 and was 467.56 lakhs in the year 2012-13 ...
