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The Latest Breaking News from MSME

Indian Navy gets 3rd missile-cum-ammunition barge

The Third Missile Cum Ammunition (MCA) Barge, Yard 77 (LSAM 9) was launched by Cmde G Ravi, Warship Production Superintendent (Visakhapatnam), on September 22 at Guttenadeevi, East Godavari, Andhra Pradesh (the launch site of M/s SECON), Ministry of Defence said in a statement. Read further on Dynamite News:

Dynamite News

MSMEs in Tamil Nadu to go on strike on September 25

MSMEs in TN to shut on Mon, demand govt withdraw hike in fixed power charges. 165 associations to take part, resulting in loss of work for 3 cr labourers. Revenue loss to govt estimated at ₹1,200 cr. 7-point demand includes extending electricity connection to cottage & micro industries, permitting industries…

The Hindu

CII’s session on MSME empowerment in Mysuru on September 1

CII Mysuru is organising a session to empower MSMEs with simplified finance solutions. Key topics include current business environment, innovative financing, government schemes, success stories, and access to finance. Speakers from various industries will provide valuable insights to MSMEs. Event offers opportunity to connect, learn, and network. Register now!

The Hindu

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‘Financial literacy absent among most MSMEs in Karnataka’

Financial literacy is literally absent in a majority of Micro, Small and Medium Enterprises (MSMEs) in Karnataka, said C.A. Shashidhara Shetty, president, Karnataka Small Scale Industries Association (KASSIA).

The Hindu

Report suggests cluster approach to decarbonise MSMEs, experts point out the need for MSME policy for energy efficiency

Industrial sector highest energy consumer in Karnataka; BEE, KREDL release 'Karnataka State Energy Efficiency Action Plan'. Plan suggests cluster-wise approach for MSMEs, potential energy savings of 0.02-0.05 MTOE by 2031. Report suggests energy-efficient IGBT-based induction furnaces, coating on kilns, PAT scheme & Green Hydrogen for DCs for energy savings of…

The Hindu

MSME influencers forum launched to promote small & medium units growth

An MSME influencer forum has been launched to promote micro, small and medium enterprises and raise awareness about various government schemes to boost their growth. Read further on Dynamite News:

Dynamite News

Mizoram created 30,000 job opportunities in five years: MSME study

A study by medium small and micro enterprise Export Promotion Counci & Confederation of Organic Food Producers & Marketing Agencies revealed that projects worth ₹7,118 crore were announced & ₹320 crore completed. Per capita income in 2021-22 was ₹1,75,896. MSME should be encouraged for employment generation and value-addition of locally…

The Hindu

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Ensure MSME units that have been sanctioned commence operations soon, A.P. Chief Secretary tells officials

Chief Secretary K.S. Jawahar Reddy instructed Ind. Dept. to ensure MSME units sanctioned by govt. become operational, submit report on units operational in last 4.5 yrs. He asked Collectors to track projects, suggested a procurement portal & fast-track MSME tech. centres in Visakhapatnam, Guntur & Kopparthy.

The Hindu

‘Schedule M compliance to be made mandatory for MSME pharma firms soon’: Mandaviya

Aimed at ensuring robust quality of pharma products, the Union Minister of Chemicals and Fertilizers Mansukh Mandaviya has directed regulatory authorities to conduct risk-based inspection and audit of manufacturing plants.

The Hindu

Raja Lakhamgouda Law College organises special lecture in Belagavi

Karnataka Law Society’s Raja Lakhamgouda Law College, Belagavi, organised a special lecture on ‘Entrepreneurship development’.

The Hindu

Empowering MSMEs to embrace circular economy

Mark Sultan Gersava was a peace development worker from Mindanao, the Philippines, who decided to act on what he saw as a critical challenge: transforming his ordinary products to become environmentally friendly to help mitigate the effect of climate change while empowering his local community with sustainable and long-term livelihoods.

Bangkok Post

Insurance scheme for MSMEs in the offing with govt. bearing up to 50% of premium amount

The State government will implement an insurance scheme to support Micro, Small and Medium Enterprises (MSME) with the government bearing up to 50% of the premium amount, Industries Minister P. Rajeeve has said

The Hindu

CM Siddaramaiah to convene meeting to discuss MSME problems

Refuting allegations that the electricity tariff hike has been effected to fund Gruha Jyothi scheme, Chief Minister Siddaramaiah on Friday promised to convene a separate meeting to discuss the problems of MSME sector in the State.

The Hindu

Power tariff hike shocks industry, trade and commerce bodies in Mysuru

The MSMEs, commercial and other trade bodies in Mysuru have flayed the Chamundeshwari Electricity Supply Corporation (CESC) for the hike in power tariff.

The Hindu

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The Times of India

Allotment of 72 plots to bodies linked with UP minister cancelled

LUCKNOW: Directions were issued on Tuesday for the cancellation of allotment of 72 plots to two organisations – Abhinav Shikshan Evam Samaj Sewa Sansthan and Seema Shikshan Evam Samaj Sewa Sansthan – linked with MSME minister Rakesh Sachan.

The Times of India

No proposal for restoration of old pension scheme: Centre

NEW DELHI: There was no proposal under consideration of the central government for restoration of the old pension scheme, minister of state for finance Bhagwat Karad informed Parliament on Monday.

The Times of India

Doon-based startups felicitated in TOI state foundation event

DEHRADUN: As many as eleven Dehradun-based startups working in various sectors like healthcare, food processing, IT services etc. were felicitated by state MSME minister Chandan Ram Das on Friday, as part of the ongoing state foundation celebrations, Myar Pahad, being conducted by Pacific mall, with the support of the Times…

The Times of India

CCI directs 8 MSMEs to cease and desist from unfair business practices

NEW DELHI: The Competition Commission on Tuesday directed eight firms and some of their officials to cease and desist from unfair business practices but refrained from imposing penalties on them in a case related to cartelisation in bidding for an Indian railways tender.

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The Hindu

Minister invites Czech govt. to partner with T.N. in key sectors

Anbarasan also moots plans to set up a unique Czech MSME cluster

The Times of India

'Govt will kill MSME', say NCR industry heads as deadlime to convert to PNG ends

MEERUT: Industry captains threatened a mass agitation and shift to Punjab as the Commission for Air Quality Management's (CAQM) deadline for NCR-based industrial units to convert to piped natural gas (PNG) or biomass expired on Friday.

The Hindu

New TIDEL Park to come up in Madurai, announces Chief Minister Stalin

The Hindu

Autokast to organise MSME vendor meet

ALAPPUZHA

Bangkok Post

Minister eyes quick aid for small firms

Deputy Prime Minister Supattanapong Punmeechaow has stressed the need to speed up help for micro, small and medium-sized enterprises (MSMEs) that are still reeling from the impact of Covid-19, as the move can stimulate efforts to restore the pandemic-ravaged economy.

The Hindu

49,608 MSMEs registered in State: Minister

Target is to start one lakh such units this financial year

The Hindu

End this asymmetrical conflict over ‘freebies’

The judiciary’s move to study the issue could impact the economic freedom of States and the ‘Idea of India’

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