Union Minister for MSME and Road Transport and Highways Shri Nitin Gadkari has emphasized on exploring Agro MSME, Fishing MSMEs, and Forest MSMEs for manufacturing products using local raw material. Shri Gadkari said this today while addressing a meeting via video conferencing with the representatives of Chamber of Indian Micro, Small and Medium Enterprises and the Institute of Cost Accountants ...

The Minister Stresses Upon New Alignment of Delhi-Mumbai Green Express Highway as an Opportunity To Make Future Investment in Industrial Clusters and Logistic Parks Shri Gadkari Suggests That Wellness and Beauty Industry Should Encourage Use of Indian Ayurvedic Products Instead of Imported Products Union Minister for MSME and Road Transport and Highways Shri Nitin Gadkari today informed that Ministry is ...

The country right now is fighting with novel corona virus at many levels. Eighteen operational Technology centres, autonomous bodies under Ministry of Micro, Small and Medium Enterprises (MSME), are also playing their role and contributing in the fight with COVID19. Central Footwear Training Institute (CFTI) Chennai procured and installed hot sealing machine for job work of sealing masks and Medical ...

The scheme Mission Solar Charkha is enterprise driven scheme and envisages setting up of ‘Solar Charkha Clusters’ which will have 200 to 2042 beneficiaries (Spinners, Weavers, Stitchers and other skilled artisans).  Each spinner will be given two charkhas of 10 spindles each. As part of the scheme no subsidy is given, however subsidy to the tune of Rs.9.60 crore is ...

In a major step towards making India a gas-based economy and making CNG as the eco-friendly option for long distance transport in the country, Shri Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Steel, today unveiled India’s first long distance CNG bus fitted with composite CNG cylinders, which can travel around 1000 kms in a single fill. The project ...

Under the Public Procurement Policy notified by the Ministry of MSME, the Central Ministries / Departments / Central Public Sector Enterprises (CPSEs) have to make at least 25% of annual procurement from Micro and Small Enterprises (MSEs) including 4% from MSEs owned by SC/ST and 3% from MSEs owned by Women. To monitor the progress of procurement made by the ...

MSMEs contribute 29.7% of GDP and 49.66% of Indian Exports. Government has taken various initiatives to enhance the competitiveness of Micro, Small and Medium Enterprises (MSMEs) through schemes such as Credit Linked Capital Subsidy and Technology Upgradation Scheme (CLCS-TUS), Micro and Small Enterprises – Cluster Development Programme, Procurement and Marketing Support and support for MSMEs to participate in international exhibitions ...

Khadi and Village Industry Commission (KVIC) distributed as many as 50 leather kits and 350 Bee-Boxes with live bee colonies in tribal-dominated village in Sirohi district of Rajasthan, one of the aspirational districts in India identified by the NITI Aayog, on World Tribal Day today.   While addressing the villagers, KVIC Chairman Vinai Kumar Saxena said that programmes like Leather ...

The Micro, Small and Medium Enterprises (MSMEs) Sector contributes significantly to the Indian Economy in terms of Gross Domestic Product (GDP), Exports and Employment generation. As per the information received from the Central Statistics Office (CSO), Ministry of Statistics & Programme Implementation (MOSPI), the Share of MSME Gross Value Added (GVA) in total GVA during 2016-17 was 31.8%. As per ...

As per the 73rd Round of National Sample Survey (NSS), conducted by National Sample Survey Office, Ministry of Statistics & Programme Implementation during the period 2015-16, the estimated number of workers in unincorporated non-agriculture MSMEs in the country engaged in different economic activities excluding the MSMEs registered under (a) Sections 2m(i) and 2m(ii) of the Factories Act, 1948, (b) Companies Act, ...