Jaitely launches online portal to assist MSMEs
The Dollar Business Bureau Finance Minister Arun Jaitely on Thursday launched two key initiatives – MSME Databank Portal and Online Finance Facilitation Web Portal – with a common focus to bring transparency and efficiency in the MSME day-to-day operation. “The Ministry of MSME is making online census of the MSMEs in the country for the first time by launching a comprehensive databank on http://www.msmedatabank.in. This will not only save the efforts and money required for physical census but will also enable the MSME units and the various associations to furnish data on click of the button and sitting in their units,” said Jaitely, on the margins of the 14th meeting of the National Board of MSME. The MIS dashboard will provide real-time information on different ...
National Small Industries Corporation plans to achieve 15-20% growth rate
The Dollar Business Bureau The National Small Industries Corporation (NSIC) on March 30, 2015, signed a Memorandum of Cooperation (MoC) with the Ministry of Micro, Small and Medium Enterprises (MSMEs), for the year 2015-16. Under this MoC, the NSIC aims to provide enhanced services like Financial, Marketing, Technology Services and other support services schemes for MSMEs in the country. The Corporation further projects to achieve a growth rate of 15%-20% under it’s the operational performance during the year 2015-16. The key elements under the MoC include distribution of raw material to the SMEs, preparing the SMEs to avail enhanced benefits, development of clusters, among others. According to the MoC, the Corporation is aiming at distributing the raw material to the ...
MSMEs incubation centres to promote entrepreneurship in agri-industry
The Dollar Business Bureau The Union Minister for Micro, Small and Medium Enterprises (MSME), Kalraj Mishra, on Wednesday, launched a ‘Scheme for promoting Innovation, Entrepreneurship and Agro Industry’. Speaking on the occasion, the Union Minister said that the scheme was aimed at setting up network and incubation centres for the promotion of start-ups for innovation and entrepreneurship in the agro-industry. This scheme has got its origin in the announcement made by the Union Finance Minister, Arun Jaitley in his budget speech, to set up a ‘Technology Centre Network’ to promote Innovation, Entrepreneurship and Agro Industry with a fund of Rs 200 crore. Referring to the budget speech, Kalraj Mishra also highlighted about the need for implementation of a programme to ...
Technical Incubation Centres will solve unemployment: Mishra
The Dollar Business Bureau The Union Minister of Micro Small and Medium Enterprises (MSME) Kalraj Mishra on Thursday, urged the National Small Industries Corporation Ltd (NSIC) to set up more Technical Incubation Centers at different places in the North-East States to create avenues for solving the unemployment problem. Speaking on the occasion of the inauguration of the International Guwahati Trade Fair, the Minister lauded NISC for its role in promoting entrepreneurship in North-East states and also across India. Mishra further said that by setting up a Technical Incubation Centre at Guwahati, NSIC is helping the unemployed youths to set-up their own enterprises, using low cost machinery and giving opportunity for jobs in the enterprises. Mishra also expressed satisfaction on the success rate of ...
