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Seize the export opportunity
The Government of India has set an ambitious target of reaching $ 400 billion in exports for the current year. With India achieving nearly a third of its annual target in the first four months of 2021-22, $ 400 billion seems to be within the reach. Read more
Government’s CESL ink MoUs to expand EV charging infrastructure
Under these agreements, CESL and the private companies will jointly undertake the expansion and adoption of EV ecosystem.Read more
Government aims to stimulate demand for low-carbon industrial material
Alok Kumar, Secretary, Ministry of Power highlighted that India is committed to cut emissions intensity per unit of GDP by 33 to 35 per cent by 2030.Read more
GeM and Indian Railways integration to generate Rs 500 bn opportunity for MSMEs
According to Piyush Goyal, after the integration of Government e-Marketplace (GeM) portal with Railways, there will be Rs 500 billion worth of annual procurement from MSMEs.Read more
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