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KVIC’s Khadi Handmade Paper Slippers
KVIC is Khadi and Village Industries Commission. It operates under Ministry of MSME. It has recently launched hand made use and throw paper slippers and also khadi baby wear slippers. About Khadi baby wear For the first time, the KVIC ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2024
PLI scheme for telecom products launched
Minister of State of Ministry of Communication, Devusinh Chauhan, launched a Production Linked Incentive Scheme (PLI Scheme) for Telecom & Networking Products on October 14, 2021. Why this scheme was launched in telecom sector? PLI Scheme in telecom sector was ..
Month: Current Affairs - October, 2021
Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill 2021
On 28th July, 2021, Lok Sabha has passed the Insolvency and Bankruptcy Code (Amendment) Bill 2021. This Bill replaces the Insolvency and Bankruptcy Code (Amendment) Ordinance 2021 which was implemented on 4th April, 2021. Key Points Insolvency is a situation ..
Month: Current Affairs - July, 2021
Lok Sabha passes Factoring Amendment Bill
On 26th July, 2021 the Lok Sabha passed the Factoring Amendment Bill to amend the Factoring Regulation Act 2011. This bill will broaden the scope of the entities which can participate in the factoring business and also will ensure that ..
Month: Current Affairs - July, 2021
Govt announces inclusion of retail and wholesale trades under MSMEs
Minister of MSME, Nitin Gadkari, announced on July 2, 2021 about revised guidelines for MSMEs which has included retail and wholesale trade under Micro, Small & Medium (MSME) Enterprises. Key Facts Inclusion of retail & wholesale trades mean that retail ..
Month: Current Affairs - July, 2021
Govt simplifies MSME registration process
Minister for Road Transport & Highways and Micro, Small and Medium Enterprises, Nitin Gadkari has simplified the of process for registration of Micro, Small & Medium Enterprises. Key Points MSMEs will only require PAN and Aadhaar for registration. One the ..
Month: Current Affairs - June, 2021