Announcing that a provision of Rs. 3794 crore has been provided in the General Budget 2018-19 for the Medium, Small and Micro Enterprises (MSMEs),the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley said that this has been done to provide credit support, capital and interest subsidy and innovations to this Sector. Presenting the General Budget    2018-19 in Parliament ...

The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley has proposed a reduced rate of 25% to companies that have reported turnover up to Rs 250 crores in financial year 2016-17. This will benefit the entire class of Micro, Small and Medium Enterprises which accounts for almost 99% of companies filing their tax returns. Accepting Rs 7,000 crores ...

Since Odisha is richly endowed with various types of minerals, prospect of ancillary industries through MSMEs is very much in the card. While NALCO is setting up an Aluminium Park at Angul, the Jindal Stainless (JSL) is setting up a stainless Steel Park at Kalinga Nagar. The Jamshedpur based RSB is setting up an auto complex at Choudwar. A food ...

Internationally the Micro Small & Medium Enterprises (MSME) plays a vital role for the growth & development of the economy & treated as an indicator for inclusive growth & equitable development. The Indian economy is expected to grow over eight percent per annum until 2020. If at all this figure is achieved then it will be the third largest economy ...