MSMEs
Boilers Bill 2024 Passed by Rajya Sabha
The Rajya Sabha has recently passed the Boilers Bill 2024, replacing the Boilers Act of 1923, which aims to enhance safety for workers operating boilers. The bill also facilitates easier business operations, especially for MSMEs. Certain offenses have been decriminalized ..
Month: Current Affairs - December, 2024
Category: States Current Affairs
Telangana to Establish Joint Consultative Committee with CII
The Telangana government is actively exploring new industrial policies and a joint consultative committee with the Confederation of Indian Industry (CII) is on the horizon. This committee aims to address industrial challenges in the state. Industries and IT Minister D. ..
Month: Current Affairs - November, 2024
Category: Economy & Banking Current Affairs
Confederation of Indian Industry (CII) Launches Strategy Cell
The Confederation of Indian Industry (CII) has initiated a strategy cell in Coimbatore, which aims to support businesses in their growth journey. It was established to assist selected industries in becoming global players. Structure of the Strategy Cell The strategy ..
Month: Current Affairs - November, 2024
Category: Economy & Banking Current Affairs
CII Mangalore Integrate 2024 Conclave
The Confederation of Indian Industry (CII) Mangaluru Chapter hosted CII Mangalore Integrate 2024, which featured an exhibition, a buyer-seller meet, and a conference. The theme was ‘Connecting New Business’ which gathered industry leaders, innovators, policymakers, and business professionals. Significance of ..
Month: Current Affairs - November, 2024
Category: Economy & Banking Current Affairs
Assam Cabinet Approves Key Initiatives for Development
The Assam state cabinet recently made significant decisions aimed at promoting the growth and welfare of its residents. This article highlights the key approvals granted by the cabinet, including the exemption of MSMEs from certain approvals and inspections, amendments to ..
Month: Current Affairs - July, 2023
Category: India Nation & States Current Affairs
Kerala ‘Year of Enterprises’ Project
The Kerala government’s ‘Year of Enterprises’ project has been selected as a best practices model in the thrust on Micro, Small, and Medium Enterprises (MSMEs) session during the recent Chief Secretaries National Conference held in the national capital. The project, ..
Month: Current Affairs - January, 2023
Category: India Nation & States Current Affairs
Union Minister Narayan Rane launches web portal for RAMP
In an effort to scale up the implementation capacity and coverage of Micro, Small, and Medium Enterprises (MSMEs) in the country, the Minister of MSMEs, Narayan Rane recently launched the web portal for the Rs 6,062.45 crore World Bank-assisted central ..
Month: Current Affairs - January, 2023
Category: Economy & Banking Current Affairs
Strengthening of Pharmaceutical Industry (SPI) scheme
The guidelines for the scheme “Strengthening of Pharmaceutical Industry (SPI)” were published by the Department of Pharmaceuticals, Ministry of Chemicals, and Fertilizers. Overview of the Scheme The total financial outlay of the scheme is Rs.500 Cr for three years (FY ..
Month: Current Affairs - March, 2022
Category: Government Schemes Current Affairs
Mastercard-Instamojo tie up to assist MSMEs, Gig workers
Mastercard announced a strategic equity investment in Instamojo on June 28, 2021. Key Points Investments in India’s largest full-stack digital solutions provider, Instamojo, is aimed at empowering MSMEs and gig workers. Empowerment will be done by providing easy to use ..
Month: Current Affairs - June, 2021
‘At One Click’ Initiative launched by Gujarat Government for MSMEs & Other Bigger Industries
For 12,247 Micro, Small, and Medium Enterprises (MSMEs) and bigger industrial units (including the textile industry) in the state, the Gujarat Government on 26th June 2020 has launched an online cash aid initiative. The initiative is named as ‘At One ..
Month: Current Affairs - June, 2020