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The Latest Breaking News from MSME

Powerloom weavers in Salem and Erode to go on strike on February 28 to protest I-T rules amendment

Powerloom weavers in the major weaving clusters in Tamil Nadu will go on strike on Feb 28 against the recent amendment to Income Tax rules

The Hindu

"BrahMos will be our primary weapon now," says Navy Chief after Rs 19,000 crore deal cleared by Center

Indian Navy Chief Admiral R Hari Kumar on Monday said that the Brahmos supersonic cruise missile will be the primary weapon of the Indian Navy, replacing the old missile system acquired from other countries. Read further on Dynamite News:

Dynamite News

‘BrahMos will be our primary weapon now,’ says Navy Chief after ₹19,000 crore deal cleared by Centre

Navy Chief Admiral R Hari Kumar highlights BrahMos missile as primary weapon, emphasizing India's self-reliance in defense.

The Hindu

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Technopark inks deal for MSME technology centre

Facility, being developed under the TCEC (Technology Centres and Extension Centres) scheme of the Union government, will augment the overall digital ecosystem of Kerala.

The Hindu

NIT-Warangal ties up with NiMSME-Hyderabad to address healthcare challenges in India

NIT-W and NiMSME sign MoU to address healthcare challenges in India.

The Hindu

NABARD pegs credit plan estimate for Villupuram at over ₹13,000 crore for 2024-25

The Hindu

BioAsia 2024 to feature MSME pavilion

BioAsia partners with Union Ministry of MSME for the 21st edition, promoting growth of small and medium-sized enterprises in life sciences.

The Hindu

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Kerala Budget 2024: Industry body welcomes Budget

The Kerala State Small Industries Association welcomes the State Budget for 2024-25, which supports investments and sectors.

The Hindu

ICAI organises convention in Belagavi

Belagavi branch of ICAI organized a convention for start-ups and MSMEs, featuring speakers and discussions on various topics.

The Hindu

Government will soon come up with new MSME policy: Sridhar Babu

Hyderabad Minister for IT and Industries announces new MSME policy with focus on integrating social entrepreneurship for Telangana's growth.

The Hindu

NABARD pegs credit plan estimate for Kallakurichi at over ₹12,000 crore for 2024-25

The Hindu

Yogi govt distributes loans of over Rs 6 lakh crore so far to boost MSME sector in UP

The Yogi government has distributed loans totaling Rs 6,55,684 crore in the last six and a half years to boost the Micro, Small and Medium Enterprises (MSME) sector in Uttar Pradesh, Read Further on Dynamite News

Dynamite News

More than 1 crore informal MSMEs brought into formal sector, says official

Government emphasises need to create financial literacy & awareness of schemes for MSMEs growth.

The Hindu

MSMEs complain about repeated flooding, Minister says he will hold meeting with them

MSMEs in Chennai and its surrounding districts suffer from flooding in industrial estates, with little done to address the issue. Losses of ₹30-160 crore have been reported, and the government is holding meetings with insurance firms and bankers to help. Solutions are needed to prevent further losses.

The Hindu

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The Hindu

Industries slowly resume operations, MSMEs continue to stay away from work

MSMEs in Chennai and surrounding regions remain closed due to flooding. Many factories operated with 50% workforce as workers in flood-affected areas could not commute. TN Small & Tiny Industries Association requested assistance from CM as losses run into crores. Automobile firms resumed ops, offering 50% discount on insurance claims.…

The Hindu

MSME vendor development programme: Experts call for greater industry-academia collaboration

MSMEs urged to collaborate with academia to produce industry-ready engineers; customer-centric business model stressed for growth; MSMEs should focus on export to benchmark against world's best. #MSMEs #Academia #Industry #Customer-Centric #Export #Growth

The Hindu

Tangedco to not collect peak hour charges from MSMEs till installation of smart meters

Tamil Nadu MSMEs to receive ₹196.1 crore subsidy from Tangedco for non-collection of peak hour charges till smart meters are installed. Fixed charges increased by 430%, network charges levied for rooftop solar energy systems. MSMEs protesting, forming human chains on Dec 4. Open-end spinning mills on strike since Nov 7,…

The Hindu

How a climate-proofed MSME sector can drive Tamil Nadu’s EV leadership

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The Hindu

Power cuts will hit MSMEs’ domestic, exports delivery commitments: trade bodies

MSMEs in Karnataka face bleak outlook due to power cuts; trade bodies urge govt. to buy additional power & promote renewable energy to reduce burden on main grids.

The Hindu

MSMEs continue their protest against electricity tariff, submit petition to District Collectors

MSMEs in TN protest hike in electricity charges, submit rep to District Collectors. Thousands hoist black flags. Demands incl. withdrawal of hike in fixed charges, removal of peak hour & network charges, revocation of multi-year tariff. 210 petitions submitted in Tiruchi. Fast in Chennai on Oct 16 if demands not…

The Hindu

AIADMK flags MSME strike against power tariff hike in Assembly

AIADMK raises issue of MSMEs striking over electricity tariff hikes in TN Assembly. Speaker M. Appavu says 10 legislators have given notices on the issue, to be taken up on Tuesday. Electricity Minister Thangam Thennarasu to give reply to concerns.

The Hindu

MSMEs in Tamil Nadu to continue protests against high power costs

MSMEs in Tamil Nadu will stage protests on October 4 against high power costs. Talks with Tamil Nadu government on September 29 did not yield results.

The Hindu

MSME Minister holds discussions on issues pertaining to electricity charges

MSME Minister T.M.Anbarasan and Industries Minister T.R.B.Rajaa held talks with stakeholders from the MSME sector in Chennai to discuss electricity charges. J. James, co-ordinator of TN Industrial Electricity Consumers Association, said Ministers will respond in three days. Industries Secretary V.Arun Roy said Ministers will take the issue to the CM.…

The Hindu

Here are the big stories from Tamil Nadu today

AIADMK severs ties with BJP, MSMEs in TN strike against high electricity cost, NTCA probe into 10 tiger deaths in Nilgiris. AIADMK's decision to end alliance with BJP due to defaming of icons & criticism of policies. MSMEs' strike led to ₹1000 cr loss, hunger protest planned for Oct 14.…

The Hindu

MSMEs suspended operations pressing for demands

MSMEs in Tiruchi suspended ops Mon as part of State-wide stir to press for withdrawal of hike in fixed power & peak hour charges. Fabrication units participated in strike. Cost of production up due to hike in power charges. Strike near total in Tiruchi district. Govt to meet industries assoc.…

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