MSMEs Sector Current Affairs, GK & News

TIFAC launches SAKSHAM portal and Seaweed Cultivation Mission

The Technology Information, Forecasting and Assessment Council (TIFAC) have launched a job portal called SAKSHAM to map the skills of workers as required by the MSMEs. It also launched a Seaweed Cultivation Mission. About SAKSHAM Portal TIFAC highlighted that the Saksham portal will help in eliminating the middlemen and labour contractors. It will also help ..

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Cabinet approves Amendment to MSME Act to change classification criteria

The Union Cabinet has approved amendment to Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 for classifying MSMEs from current investment in plant and machinery criteria to annual turnover criteria. The purpose of amendment to Section 7 of MSMED Act, 2006 is to encourage ease of doing business, make MSME classification norms growth oriented ..

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