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Piyush Goyal calls for more participants in the Government e-Marketplace

The pilot bidding of railways buyers through integrated system is expected to commence by August end. About Rs 50,000 cr worth of annual procurement may be done by the railways on GeM post the above integration.Read more

Government invites R&D proposals on Critical Components in Oxygen Concentrators

This will help meet the need of indigenous concentrators working on newer approach of providing supplementary oxygen.Read more

Mahindra’s ‘Oxygen on Wheels’ initiative to connect oxygen producers with users

Mahindra has pressed into service 100 vehicles to overcome the transportation bottleneck with safe and quick transportation to deliver oxygen cylinders ‘on demand’ Read more

Government notifies Pre-packaged insolvency Amendment PPIRP for MSMEs

The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 was promulgated on April 4, 2021 by the President Ram Nath Kovind.Read more

Government extends Credit Guarantee Scheme for Subordinate Debt till Sept 30

This move is aimed at keeping avenues of assistance open to the stressed MSME units. Read more

Emergency Credit Line Guarantee Scheme extended upto June 30

With this extension government has launched new window ECLGS 3.0 for enterprises in hospitality, travel & tourism, leisure & sporting sectors.Read more

Auto industry: Localisation movement needs government support

While there has been huge pressure on automakers and even component suppliers to manufacture fuel efficient vehicles and additionally meet the new challenges of the changing regulations for ICE vehicles, industry is hoping for a support from the government. On one hand it is developing EV ecosystem and on the other the industry meeting new regulatory challenges that government is imposing based on the Paris Pact. Import bans are another issue for component supplies. This makes it mandatory for IRead more

Government designs a ‘Four Point Plan’ to deal with Suez Canal Blockage

Blockage of Suez Canal since March 23, 2021 is seriously hitting the global trade. This route is used for Indian exports/imports worth US $ 200 Bn to/from North America, South America and Europe. Read more

Government deliberates on strengthening manufacturing ecosystem in India

The Investment Clearance Cell (ICC) is being set up to facilitate and support businesses through a one stop digital platform - the National Single Window System. Read more

Nitin Gadkari: Government committed to promote renewable energy for MSME Sector

The Government has set an ambitious target for renewable energy and in particular, solar power generation, for this decade. The target for renewable energy installation is 450 GW by year 2030.Read more

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