Beneath the Goods and Services Tax (GST) Act, Micro & Small units with revenue up to Rs. 1.5 crore can be attained privileges under the composition scheme, this was notified by Union Minister for Ministry of MSME, Mr. Nitin Gadkari in the Rajya Sabha acquainted that MSME Ministry has started the Interest Subvention Scheme for new and incremental credit to ...

Ministry of MSME is implementing various schemes through Khadi and Village Industries Commission (KVIC) and Coir Board to provide financial assistance to artisans and craft persons, said an official release. Prime Minister’s Employment Generation Programme (PMEGP) is a credit linked subsidy scheme, for setting up of new micro-enterprises and to generate employment opportunities in rural as well as urban areas ...

By Latha Sunderkrishnan  Latha Sunderkrishnan (CISA, ISO27001 LA, COBIT 5 Foundation) is an Executive director at Valsec solutions India, http://valsecsolutions.com/. She is an Electronics Engineer with more than 20 years of experience in IT with various multi-national organizations working with a wide variety of technologies. She has worked in Information Security Audits and Consulting, Information Security trainings, Project Management, Quality ...

The Planning Commission appointed committee has recommended creation of a Rs. 5000 crore sovereign “Fund of Funds” to aid early stage venture funds. The committee has also suggested creating new source of capital for domestic venture capital. The recommendations of the committee aim to create a vibrant entrepreneurial ecosystem in India. The committee has clubbed its recommendations under five themes ...

The Indian Prime Minister has simplified the process of lease and transfer of government land for infrastructure projects. In March 2011, a rule has made it mandatory to take union cabinet approval for all lease and transfer of government land except from one government department to another. This was leading to long delays in awarding concessions for infrastructure projects, particularly ...

The Appointment Committee of the Cabinet (ACC) Dr.Arvind Mayaram as new Economic Affairs Secretary,he succeeds Mr. R. Gopalan. Dr. Mayaram has a doctorate in finance and is an IAS officer of 1978 batch. This is third time that he has been posted in the Ministry of Finance, more specifically in the Department of Economic Affairs (DEA). Earlier he served as ...

This year “India” has been honoured as the theme country in the London Book fair 2009, by the organizers-British Council and Capexil.Capexil is a leading export promotion council of the Ministry of Commerce & Industries, Govt. of India and as a co-organizer of the Kolkata Book fair 2009, Capexil has also invited a high level delegation team from Scotland and ...

         CGM Nabard, Shri. P. Mohanaiah, at rural handicraft & handloom fair in Kolkata Emerging opportunities is enticing the micro-small & medium enterprises in the rural sector. There are more to Rural India than just agriculture and farming, the micro, small and medium enterprises are growing in leaps and bounds, and the National Bank for Agriculture and Rural development, NABARD ...

Dr. Ashim Dasgupta, Finance Minister, Govt. of West Bengal, speaks to Amrita Chatterjee, during the inauguration ceremony of “Karigar Haat” the Rural Handicraft and Handloom fair, held at Salt lake central park ground, Kolkata on 14 Nov 2008. The fair sponsored by National Bank for Agriculture & Rural Development, NABARD encompassed wide participation of rural craftsmen across Bengal and other ...

West Bengal is a spectacular state adorned by natural beauty, exquisite lyrical poetry and enthusiastic people.The state is known all over the world for its expertise in art and craft but the artisans have very little capital to access and explore the large market potential. The state ministry of micro-small scale enterprises & tourism is now acting as a market ...