Minister of Commerce & Industry and Civil Aviation Minister, Suresh Prabhu, today addressed secretaries and senior officers in the first inter-ministerial meeting on Sectoral Export Promotion Strategy. The meeting was attended by Secretaries to Government of India from Department of Commerce, DIPP, Electronics and IT, Animal Husbandry and Dairying and MSME, besides senior officers from about 14 other administrative Ministries/Departments ...

    Giriraj Singh, Minister of State (independent Charge) for Micro, Small & Medium Enterprises(MSME), Government of India & MSME Secretary, Dr. Arun Kumar Panda, released a directory to facilitate the exporters during the recently concluded    International SME Convention- 2018 in New Delhi.  The directory provides information about export-import offices of policy makers, regulators, facilitators and all export promotion councils, ...

  Confederation of Indian Industry (CII) has decided to pull out from the upcoming Make In Odisha Conclave, a mega business meet scheduled for November 2018. Though Jagi Mangat Panda, chairperson of CII (Eastern Region), had termed the decision of the CII as “disappointing”, she was still sought to be cornered by the BJD apparently because of her husband’s changed equations with ...

    Women entrepreneurs from India, Finland, Italy, Russia and Cambodia today shared their experiences of success and obstacles faced, in a session during the first ever International SME Convention being held in New Delhi from 22nd to 24th April 2018. A special session was devoted to “Women   Entrepreneurs —Sustainable Livelihoods to Successful Business” and was chaired by Additional Secretary & Development ...

Joint Secretary, Ministry of Commerce and Executive Director, Dubai Expo 2020 signing participants contract today India and World Expo 2020 signed participants contract today for India’s pavilion in the prestigious World Expo 2020 held once in 5 years. The contract was signed by Shri Manoj K. Dwivedi, Joint Secretary, Ministry of Commerce, Government of India on Indian side and Mr. ...

The Prime Minister, Shri Narendra Modi, attended the CPSE Conclave at Vigyan Bhawan in New Delhi today. Thematic presentations were made to the Prime Minister on subjects such as corporate governance, human resource management, financial re-engineering, innovations and technology, and Vision 2022 for New India. Addressing the gathering, the Prime Minister described this conclave as a new beginning in the ...

As per Reserve Bank of India (RBI) guidelines, banks are to have a loan recover policy, prepared and duly vetted by their boards. A number of mechanisms are available to banks to effect recovery, such as filing of a suit in Civil courts or in Debts Recovery Tribunals and action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security ...

As per the World Economic Situation and Prospects 2018 report of the United Nations, the Indian economy is projected to grow at 7.2 per cent in 2018-19 and 7.4 per cent in 2019-20. The report indicates that the outlook for India remains largely positive, underpinned by robust private consumption and public investment as well as ongoing structural reforms.Share of public ...

As per Budget 2017-18 and 2018-19, the Revised Estimates for Capital Outlay on Infrastructure Sector for the years 2016-17 and 2017-18 are Rs 3,58,634 crore and Rs 4,94,313 crore respectively, while Budget Estimate for the year 2018-19 is Rs 5,97,143 crore. Details of Foreign Direct Investment (FDI) inflows, country-wise, during the last three years (from April 01, 2014 to January ...

A 19-point Action Plan for Startups was launched in January 2016. The Action plan covers areas of Simplification and Handholding, Funding Support & Incentives and Industry-Academia partnership and incubation. Department of Industrial Policy & Promotion, Ministry of Commerce & Industry is the nodal Ministry for successful implementation of the Action Plan. Recognition of Startups Modification of definition of Startups in ...