Search Result for : Kalraj Mishra

The Dollar Business Bureau  It is being speculated that the Minister of State (Independent Charge) for Commerce & Industry Nirmala Sitharaman has offered to resign from the post. But there are sources who say this may not be altogether true. There's also talk of another official being given the Commerce Ministry's charge. The final announcements are due this coming Sunday. Such reports are now common given the count of resignations that are being handed over at the Union level. A number of Union ministers have resigned on Thursday, indicating a major reshuffle in the Prime Minister Narendra Modi’s cabinet that according to reports could happen on Friday or Saturday, before Modi leaves to attend the BRICS summit in China on September 3. MoS (independent charge) ...

The Dollar Business Bureau Urban Development, Housing & Urban Poverty Alleviation Minister M. Venkaiah Naidu launched two important initiatives of the Ministry of Micro, Small and Medium Enterprises (MSME), viz. Micro and Small Enterprises Facilitation Council (MSEFC) portal and MyMSME Mobile App on the occasion of the 15th meeting of the National Board for MSME on Thursday. Minister for MSME Kalraj Mishra, Minister of State for MSME Giriraj Singh and Minister of State for MSME Haribhai Parthibhai Chaudhary were also present at the occasion. Speaking on the occasion, Kalraj Mishra said that MSEFC portal on http://msefc.msme.gov.in would facilitate implementation of the delayed payment provisions of the MSMED Act 2006 and also assist in monitoring of delayed payment cases. This online platform is expected to ...

Sourced from Press Information Bureau  Indian Micro, Small and Medium Enterprises (MSMEs) are facing tough competition from cheap Chinese products and it is evident from the high growth of India’s imports from China. As per information compiled from the data provided by Director General of Commercial Intelligence & Statistics, imports in respect of 11 major product groups, largely manufactured by MSMEs in India, have grown from China at a higher rate than their respective imports from all countries combined during 2012-13 to 2015-16. As these 11 product groups accounted for 74% of India’s total imports from China in 2015-16, a significant proportion of Indian MSMEs seem to be adversely affected from Chinese imports as compared to the rest of the World. These ...

The Dollar Business Bureau The government has set up an incubation cell at the prestigious Indian Institute of Foreign Trade (IIFT) to extend support to export-oriented start-ups. MSME Minister Kalraj Mishra said during the inauguration, that the incubation cell would provide all the technical guidance and expert advice at one point to young entrepreneurs."The cell has been designed to provide export start-ups with necessary hand holding support towards expanding their existing domestic business to foreign markets," Mishra said. The initiative, KITTES (Knowledge for Innovation in Trade and Technology for Entrepreneurial Start-ups), has been aimed towards startups in the international business domain. The incubation cell will be run by the Centre of MSME Studies at IIFT (Delhi). KITTES is envisaged to ...

The Dollar Business Bureau Ministry of Micro Small and Medium Enterprises (MSME) Minister Kalraj Mishra on Wednesday said the national policy for MSME, which is envisaged to boost the overall growth of the sector, will come out by the end of this year. Highlighting the two-year achievements of the MSME ministry, Mishra said his government has formed a one man committee, to complete all the recommendations by October 31, 2016.   Mishra praised Prime Minister Narendra Modi for taking up schemes like MUDRA and Stand up India, which has significantly increased the number of MSMEs in the country. “The major achievement of the ministry is to come up with a Scheme of Revival and Rehabilitation of MSMEs. The scheme will start benefitting the MSMEs ...

PTI The Minister for micro, small and medium enterprises (MSME) Kalraj Mishra, on Sunday, inaugurated a spinning and weaving centre and marketing plaza for khadi goods in Srinagar. At the centre -- Harmukh Khadi Gram Udyog Sansthan -- Mishra also distributed 25 model charkhas among local artisans at a function, said a government release. "The charkha is a symbol of resistance and can help maximum number of unemployed youth and women in far flung areas to attain economic independence," Mishra said. The event was organised by Khadi and Village Industries Board Srinagar. The minister said the Centre is ready to provide all sorts of assistance to the state of Jammu and Kashmir in order to remove regional ...

 The Dollar Business Bureau Ministry of Defence has ensured that Indian Micro, Small and Medium Enterprises (MSMEs) can participate in the defence sector for hi-tech products and services, said Kalraj Mishra, Union Minister of Micro, Small and Medium Enterprises. “MSMEs can look forward to aligning themselves into the supply chains of Indian and international defence majors,” the Minister said while inaugurating a seminar organised by ASSOCHAM on Friday. The minister informed that from the month of April 2015, all PSUs and departments of central government have been given directives to source minimum 20% of their products and services requirements from MSMEs. “This move will allow the small startups to participate in the 20% mandatory public procurement,” he added. Mishra also stated that direct investment ...

The Ministry had recently launched a new scheme of ASPIRE to set up a network of technology and incubation centre to accelerate entrepreneurship and start ups for innovation Source: PTI An amount of Rs.6 crore to be provided by the Ministry to Nagaland for setting up of Khadi Plaza   The Ministry of Micro Small and Medium Enterprises (MSME) will help the state in its efforts towards encouraging entrepreneurship and enhancing competitiveness of the sector in the changed economic scenario, Union Minister Kalraj Mishra said on Friday. The minister who was inDimapur to inaugurate the North East Region conclave on MSMEs said the conclave would help in evaluating the performance of schemes as implemented by the Ministry as well as to interact with the ...