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More than 5.5L companies benefit with extension of CFSS and LSS schemes

These schemes provided opportunity to companies to make good of any filing related defaults, regardless of duration of defaults, and make a fresh start as a fully compliant company.Read more

Knowhow: Social Security Schemes for organised and unorganised sector

Government has played its part on building policy to support organised and unorganised workforce through its social security schemes. While much of the workforce is engaged in unorganised establishments, here are some schemes that will benefit unorganised as well as organised workforce.Read more

PMFME Scheme aims to build two lakh micro food processing enterprises

This scheme aims to provide financial, technical and business assistance for upgradation of existing micro food processing enterprises.Read more

HDFC Bank grows by 30 per cent on MSME lending

A major part of this success can be attributed to the MSME books and has been supporting this vital part of the economy during the pandemic.Read more

Stand up India scheme benefited over 1,10,019 beneficiaries

The scheme was aimed to boost MSME sector to kick start more manufacturing to strengthen tier-2 connect.Read more

PLI scheme to benefit Indian MSMEs: PM Narendra Modi

Production worth about $ 520 billion is estimated in the next five years in India only through the Production-Linked Incentives (PLI) scheme with the entire ecosystem associated with the sector benefiting from the scheme, said the Prime MinisterRead more

Delay in notifying RoDTEP's remission rates hurting Indian aluminium exporters

The situation for exporters further aggravates with withdrawal of MEIS and till date the exporters are unable to avail the MEIS benefit for exports already made during FY-20 and FY-21 (Apr-Dec) due to blocking of online MEIS module for applying claims, said Aluminium Association of India.Read more

Time to invest and build capacity

As per the data released recently, the manufacturing and construction sectors grew by 1.6 per cent and 7.7 per cent, respectively, during the December quarter. However, core sector data showed growth in eight infrastructure sectors slowing down to 0.1 per cent in January from 0.2 per cent in the previous month.Read more

Budget 2021 needs to take steps to improve skilling in India: Sumit Kumar

According to Sumit Kumar, Vice President – NETAP, TeamLease, budget 2021 needs to focus on fast tracking NEP implementation, introduction of National Apprenticeship Promotion Scheme (NAPS) 2.0 and easing of license raj to achieve the ambition of 50 per cent GER by 2035Read more

PLI scheme for bulk drugs and medical devices receives 243 applications

Production Linked Incentive (PLI) Scheme for bulk drugs and medical devices, which closed on 30 November 2020, received 215 and 28 applications from manufacturers of bulk drugs and medical devices respectivelyRead more

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