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Government's credit guarantee to reach Rs 500 billion under CGTMSE for FY19

With a view to allay the trade finance woes of micro, small and medium enterprises (MSMEs), the Union Government has planned to more than double the credit guarantee up to Rs 500 billion for 2018-19 under the Credit Guarantee Fund Trust For Micro and Small Enterprises (CGTMSE) schemeRead more

Civil Aviation Ministry trying to put in place financing structure

Civil Aviation Ministry trying to put in place financing structureRead more

National foreign trade directory released by MSME ministry

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 - 2018Read more

Government announces creation of a dedicated defence and aerospace SME fund

Secretary, Department of Defence Production, MoD, Dr. Ajay Kumar announced recently the creation of a dedicated defence and aerospace SME fund, registered with SEBI where minority stake could be taken by investors.Read more

Opportunities far outweigh the challenges in India

From building India’s first integrated steel plant to designing its fighter plane Marut, Germany has played a big role in industrialisation and the development of manufacturing sector in India.Read more

Inefficient logistics impacting competitiveness of Indian products

Minister of State for Commerce & Industry, C R Chaudhary said that India is losing 14% of GDP due to inefficient logistics which impacts the competitiveness of Indian products.Read more

RSDC gets thumbs up from the government

In a review meeting of Sector Skills Councils, Union Minister for Skill Development & Entrepreneurship (MSDE) Dharmendra Pradhan appreciated the role being played by Rubber Skill Development Council (RSDC) in up skilling the rubber sector in the country.Read more

Cut government stake in banks below 50%: ASSOCHAM

The Punjab National Bank's fraudulent transactions worth INR 11,300 crore should act as a strong trigger for the government for reducing its stake to less than 50% in the banks which should then be allowed to work on the lines of private sector lenders with a full sense of accountability to their shareholders protecting interest of depositors, ASSOCHAM has said.Read more

New tools added in Startup India ranking framework by the government

Three new tools for states and union territories for ranking of startups in the country was launched in the first week of February by Union Minister of Commerce and Industry at a function in New Delhi.Read more

Indo-German cooperation on the right track to move up and ahead

The outlook for Indo-German trade is quite optimistic given improved investment climate and a positive approach from Governments in both countries, says Bernhard Steinruecke.Read more

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