As per existing guidelines, some of the activities under agriculture and tourism based enterprises are already covered in the ambit of MSME sector. Activities under these two categories, for which Udyam Registration (UR) is allowed, are given in the dropdown menu of the UR portal. Agriculture based activities such as Preparation of crops of primary market i.e. cleaning, trimming, grading ...
Read More »Author Archives: Indianindustry Media
Export Policy for MSMES
E-Commerce is widely considered as a medium to reduce costs related to penetration and sustainability of exporters in international markets. Indian MSMEs stand to benefit from the enhanced visibility provided by e-commerce platforms. Improved infrastructure, competitive pricing and reduced costs associated with marketing and outreach of products over a digital platform contribute to promoting online sales. Government of India has ...
Read More »Participation of Women in MSMEs
Government of India launched the Beti Bachao Beti Padhao (BBBP) scheme in January 2015 to address the issue of decline in Child Sex Ratio (CSR) and related issues of empowerment of girls over a life cycle continuum. The objectives of BBBP scheme are to prevent gender biased sex selective elimination, to ensure survival and protection of the girl child, and ...
Read More »Central Government relaxes provisions of TCS under section 206C(1G) of the Income-tax Act, 1961 in respect of non-resident individuals visiting India
Section 206C (1G) of the Income-tax Act, 1961 (“the Act”) provides for collection of tax by a seller of an overseas tour programme package from a buyer, being a person purchasing such package, at the rate of 5% of the amount of the package. Representations were received from domestic tour operators who were facing difficulties in collection of tax from ...
Read More »OPERATIONAL SEZs
Presently, there are 425 formally approved Special Economic Zones (SEZs) in the country. As on date, 376 SEZs are notified and 268 SEZs are operational. SEZs are primarily private investment driven initiatives. The delay in setting up of and operationalizing SEZs could be attributed to several reasons including adverse business climate due to changed global economic situation, changes in fiscal ...
Read More »EASING THE PROCESS OF FILING PATENTS
The details of patents filed in India over the last five years is as below: Financial Year 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 (Upto 31st Jan, 2022) No. of applications filed 45444 47854 50659 56267 58503 51940 The number of patents filed by Indians in India over the last five years is as under, which shows steady increase: Financial ...
Read More »Centre of Excellence in Petrochemicals Sector
The Department of Chemicals and Petrochemicals under the Scheme for settingupofCentreofExcellencehasapprovedeightCentresofExcellencein various reputed Government Institutions across the country since 2015. The details of these are asunder: S.No Institute Name of project Date of approval 1. Indian Institute of Technology (IIT), Roorkee, Uttarakhand Process Development, Wastewater Management in Petrochemical Industries February, 2019 2. Central Institute of Petrochemicals Engineering& Technology,Bhubaneswar, Odisha Bio-engineered ...
Read More »Coal Ministry Successfully Auctions Ten Coal Mines of Five States in the latest Effort
Ministry of Coal had launched the auction of coal mines for commercial mining under 13th Tranche of CMSP Act and 3rd Tranche of MMDR Act on October 12, 2021. During the e-auction, cumulatively 10 coal mines were put up for auction of which six coal mines were CMSP coal mines and remaing four were MMDR coal mines. Details of all the coal ...
Read More »Seven AAI airports chosen for Voice of Customer Recognition 2021 by Airports Council International
Seven AAI airports namely Chennai, Kolkata, Goa, Pune, Patna, Bhubaneswar & Chandigarh that participated in ACI-ASQ survey in 2021, have been chosen for Voice of Customer Recognition under Airports Council International (ACI) World’s Voice of the Customer initiative.Airports Council International has initiated the ‘Voice of the Customer’ initiative to acknowledge and recognize airports that continued to prioritize their customers and ...
Read More »India has a total of 53 operational satellites in space providing various identified services to the nation: Dr Jitendra Singh
Union Minister of State (Independent Charge) Science & Technology; Minister of State (Independent Charge) Earth Sciences; MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh today said, ISRO has launched a total of 129 satellites of Indian Origin and 342 foreign satellites belonging to 36 countries of which nearly 39 satellites are commercial satellites and rest ...
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