Tag: MSME
5 Results
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Haryana notifies tax incentives to boost industry
The Haryana government has notified the "Investment Subsidy on VAT/ State GST" for a host of industry segments, including MSMEs, as part of steps to bring down cost of doing business in the state. Investment subsidy on VAT/SGST has been announced for ultra mega projects, mega projects, large units, Micro, Small and Medium and sectors …
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January 12, 2017 -
Jobs will be safe in MSME sector, govt assures workers
Government on Sunday sought to soothe concerns of layoff in micro, small and medium enterprises (MSMEs) that employ 80 million people against the backdrop of demonetisation, saying the decision might cause initial problems but will not impact job scenario in the sector. “There can be initial problems due to demonetisation, but after the currency flow …
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November 27, 2016 -
13,500 MSME units set up in Odisha this year
The Odisha government has set up 13,500 MSME units generating employment for 42,190 persons by August this year, said an official on Saturday. Micro, Small and Medium Enterprises secretary L.N. Gupta informed that the department has set up 13,500 MSME units against the target of promoting 40,000 MSME units during the current year. He said …
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September 17, 2016 -
Banks not fully understanding problems of SMEs: Sitharaman
Union Minister Nirmala Sitharaman on Sunday said banks are not fully understanding the problems faced by small and medium enterprises, whose performance has been hit by the high interest rate regime. Twitterati drew the Minister’s attention to the issue saying it is for the industries to manage their funds and banks can only lend. Sitharaman …
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August 28, 2016 -
‘Setting up MSMEs necessary for India’s progress’
Asserting that the ‘Zero Effect Zero Defect’ policy as enunciated by Prime Minister Narendra Modi has gained a lot of attention, Union Minister for Micro, Small and Medium Enterprises (MSME) Kalraj Mishra said on Sunday that the setting up of MSMEs is necessary for the overall progress of the country. "Today, the policy of ‘Zero …
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August 21, 2016