Health Care

Unique anti-bacterial fabric to protect Environment

Union Minister for MSME Shri Narayana Rane today launched the unique anti-bacterial fabric developed by Kumarappa National Handmade Paper Institute, Jaipur, under KVIC.The fabric is treated with anti-bacterial agent extracted from cow dung which prevents bacterial growth in the fabric. Shri Rane said, this innovative fabric could be great use in hospitals and other medical facilities. […]

Business

MSME minister calls for working together for improving the economic scenario

Union Minister for MSME, Shri Narayan Rane has called upon the Trade and Industry bodies to work together for improving the economic scenario in the country. Speaking to a delegation from Trade Promotion Council of India, which called upon the Minister today, he said, by working in similar direction, our industries can enhance their global competitiveness. The delegation discussed ways to improve the presence of Indian products in international markets. […]

Business

Arbitration under MSME Act

Sub-section 3 of Section 18 of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 provides that where the conciliation fails under the provisions of the Act, the Micro & Small Enterprises Facilitation Council (MSEFC) shall either itself take up the dispute for arbitration or refer it to any institution or center providing alternate dispute resolution services for such arbitration. […]

Business

Global level market for MSMEs

Ministry of Micro, Small and Medium Enterprises (MSME) through its MSME-Development Institutes (DI) situated in all States, facilitates MSMEs to export from Domestic Tariff Area (DTA) and Special Economic Zone (SEZ). […]

Business

Expansion and Increase in Capacity of MSMEs

Government of India has announced a Fund of Funds with the nomenclature Self Reliant India (SRI) Fund to infuse Rs. 50,000 crore as equity funding in those MSMEs which have the potential and viability to grow and become large units. […]