Mining start-up webinar promotes research, innovation in mining sector
The webinar was organised by the Ministry of Mines, and attended by more than 200 participants.
The webinar was organised by the Ministry of Mines, and attended by more than 200 participants.
A total of 56 startups/MSME participated out of which 5 have been selected for funding a total of Rs 6 crore based on milestones.
Since its inception in 2000 till November 30, 2023, The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) has extended guarantees amounting to Rs 5,33,587 crore.
The Union Ministry of Mines announced on Wednesday that it has decided to fund research and innovation in startups and MSMEs in the mining, mineral processing, metallurgy and recycling sector (S&T-PRISM) and has brought out guidelines for the scheme.
India’s small businesses have shown tremendous growth as the number of jobs reported by micro, small and medium enterprises registered on the government’s Udyam portal has crossed the 15 crore-mark.
On Tuesday, the long-awaited Mediation Bill 2021 was finally enacted by Rajya Sabha. It is anticipated that mediation legislation will provide relief to industry, business, and families from the delays of courts in resolving disputes, or in the parlance of legal luminaries, litigation. The mediators assert that only disputes are brought to them.
The DLI Scheme is implemented by C-DAC. Under the DLI Scheme, ChipIN centre has been set up at C-DAC as one stop centre to provide chip design & fabrication services to supported companies.
The relief provided under this scheme is in continuation of the efforts of the government in promoting and sustaining the MSME sector.
The Indigenous 5G Test Bed was dedicated to the nation by Prime Minister Narendra Modi on 17 May 2022.
Giving significant relief to MSMEs, Union Minister for Finance Nirmala Sitharaman proposed to continue the financial sector reforms and innovative use of technology.