SME Bites SME Venture

SMEBITES NEWS UPDATE WITH SMEVENTURE

@sme_venture presents #smeBites News Update News updates for small and medium enterprise entrepreneurs

Top 5 News Updates of 13th May 2021

- National Bamboo Mission launches a Management Information Systems module for strengthening the domestic Agarbatti industry.

- Union Agriculture Ministry has allocated Rs 2250 Crore for realizing the huge potential of the horticulture sector.

- NITI Aayog and Mastercard Release Report on ‘Connected Commerce: Creating a Roadmap for a Digitally Inclusive Bharat’.

- A group of businessmen in Faridabad led by Rajiv Chawla, chairman IamSMEofIndia, converted 40 rooms in Delhi Public School in Greater Faridabad into a Covid facility.

- UP govt to allow operation of transport delivery offices for smoother functioning of MSMEs amid lockdown

SMEBITES NEWS UPDATE WITH SMEVENTURE

@sme_venture presents #smeBites News Update News updates for small and medium enterprise entrepreneurs

Top 5 News Updates of 10th May 2021

- Govt releases Rs 250 cr interest subvention for business revival in J&K.

- Around 77 % MSME engaged in garment manufacturing planning to reduce their staff by more than 25 per cent said a survey by CMAI. 

- The European Investment Bank and SBI to invest up to €100 mn in Indian SMEs focused on climate change

-Give discounts to hospitals registered under MSMEs: Labour Minister to UP govt

- Majority of SMEs qualify for restructuring says Crisil.

SMEBITES NEWS UPDATE WITH SMEVENTURE

@sme_venture presents #smeBites News Update News updates for small and medium enterprise entrepreneurs

Top 5 News Updates of 8th May 2021

- Nineteen applications filed under PLI scheme for IT Hardware.

- The Indian Government’s policies aimed at reviving and supporting MSME’s will also go a long way in supporting resilient growth, said Union Finance Minister.

- Govt exempts IGST on import of COVID-19 relief material amid crisis

- RBI announces slew of measures for MSMEs battered by Covid second wave

- As per data from Centre for monitoring economy, the unemployment rate climbed to 7.9% for the month for April compared to 6.5% in March.

SMEBITES NEWS UPDATE WITH SMEVENTURE

@sme_venture presents #smeBites News Update News updates for small and medium enterprise entrepreneurs

Top 5 News Updates of 5th May 2021

- CAIT calls for national lock-down to deal with COVID-19.

- Women-led development will pave the way for Atmanirbhar Bharat, especially in the MSME sector, said Pratap Chandra Sarangi, Minister of State for msme.

- Delhi Petrol Dealers Association (DPDA) has urged the Lieutenant Governor and police to open one side of the road at the Singhu border.

- Govt announces various relief measures for taxpayers under GST

- GST collection for April 2021 sets new record

SMEBITES NEWS UPDATE WITH SMEVENTURE

@sme_venture presents #smeBites News Update News updates for small and medium enterprise entrepreneurs

Top 5 News Updates of 2nd May 2021

- KASSIA writes to PM Modi; seeks help for them amid COVID second wave.

- Govt permits import of oxygen concentrators bought through the post, courier for personal use.

- SIDBI introduces AROG and SHWAS scheme to fight COVID-19

- COVID-19 phase 3 vaccination for 18+ has started but states don't have vaccine stock

- The Codex Committee on Spices and Culinary Herbs (CCSCH) has finalized and recommended quality standards for four spices; cloves, oregano, basil, and ginger

SMEBITES NEWS UPDATE WITH SMEVENTURE

@sme_venture presents #smeBites News Update News updates for small and medium enterprise entrepreneurs

Top 5 News Updates of 29th April 2021

- MSMEs urge FM to reign in profiteering during a pandemic by producers of ferrous, non-ferrous metals & polymers.

- All Industries and Trade Frum (AITF) has suggested Prime Minister Narendra Modi disclose the names of COVID positive patients name in the public domain so that the same can be stopped.

-Govt taking measures to enable MSMEs to protect IP Rights, monetize creative innovations: Joint Secretary, DPIIT

- Govt receives 8,665 applications seeking loan worth Rs 8,216 cr under AIF scheme

- All Industries and Trade forum (AITF) has asked the central government to utilize 65, 808 crore surplus fund of ESIC for COVID vaccination and treatment of workers from different sectors of India.