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 ...
Revamped SFURTI scheme to boost Khadi industry
The Dollar Business Bureau The Khadi and Village Industries Commission (KVIC) under the Ministry of Micro, Small & Medium Enterprises (MSME) on Sunday, organized an event aimed at promotion of traditional industries of India. A national workshop on revamping of ‘Scheme of fund for regeneration of traditional industries (SFURTI)’ was aimed at creating platform for interaction and knowledge sharing on cluster development. Speaking at the meet, the Union Minister of MSME, Kalraj Mishra announced that under the current five year plan, the Ministry would set up 800 SFURTI clusters to boost the Khadi and Village Industries (K&VIs). Stating that the modernization of Khadi and traditional industries is a key for development, the Minister hoped that the new measures will ...
