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The micro, small and medium enterprises (MSMEs) located in the North Eastern region of the country have urged Union MSME Minister Kalraj Mishra to set up multi-product clusters in the region. Mishra was in Guwahati on Sunday, where is inaugurated a seminar organized by Laghu Udyog Bharti (LUB) on MSME (Back Bone of Nation). Talking to KNN, Om Prakash Mittal, National President, LUB, said, “We have submitted a memorandum with the Minister making some suggestions to boost the MSMEs.” He said that the MSMEs have urged for setting up of clusters such as timber, food processing, and tea garden and …

Union MSME Minister Kalraj Mishra inaugurated the PMEGP state level workshop. Stating that the current central government has released more funds for UP than any other regime, he said,”When they are unable to utilise the funds given earlier, then how can the Centre be blamed for that?” Asked whether he was ready to be the face of BJP in 2017 UP assembly elections, Mishra, MP from Deoria district, said there were several faces in the party, who could be the chief minister. “Our preparations for the UP polls are good,” he added. Speaking on the occasion, Mishra said it was …

Shri Sudhir Mungantiwar, State Cabinet Minister of Finance, Planning, and Forest Departments in the Government of Maharashtra and Maharashtra’s Ex State President of Bharatiya Janata Party (BJP) met today and discussed various schemes and opportunities for MSMEs.

The government is taking various steps, including help start-ups to get easy loans and opening 500 incubation centers in the country, for encouraging Micro, Small and Medium Enterprises (MSME) sector. We have decided that we will run 500 incubation centres in the country. At present there are only 84 centres. I request the corporate sector to encourage people to open these centres. It will help in providing skills and employment to youths MSME Minister Kalraj Mishra said at a CII function. Incubation centre promotes and supports untapped creativity of individual innovators and to assist them to become technology based entrepreneurs. …

A delegation of the Apex Chamber of Commerce and Industry met minister for micro, small and medium enterprises (MSME) Kalraj Mishra and apprised him about the situation in the sector, especially in Punjab. The delegation led by chamber president PD Sharma met Mishra at his office in New Delhi on Friday evening. Chamber’s general secretary Romesh Goel and executive member Ajit Lakra were also present. Sharma urged the minister that investment allowance of 15% may be allowed for all investments, including incremental ones made by MSME entrepreneurs. The memorandum stated that job creation is the topmost priority, especially in the …

The Government has dissolved the Khadi and Village Industries Commission(KVIC) with effect from 24th July, 2014. As per the provisions of the Khadi and Village Industries Commission Act, all members including the Chairman shall vacate their office as members/Chairman of the Commission with immediate effect. This has been done to revamp the said institution to make it more professionally competent, effective and efficient body for the development and promotion of Khadi and Village Industries and for generation of more employment opportunities in the rural non-farm sector. All the properties and funds which, immediately before the dissolution on 24th July, 2014 …

The Union Minister for MSME Shri Kalraj Mishra has asked the Khadi and Village Industries Commission (KVIC) that an elaborate time bound action plan for revitalizing the KVI sector should be prepared. It should include: Read Full Information #KVIC

Union Minister Kalraj Mishra today said the government is steadfast in its resolve to promote industrial technologies in the country to improve production. “Our government is committed to overcome all types of challenges by promoting industrial technologies and improving productivity both qualitatively and quantitatively,” Mishra said at the inauguration of Asian Machine Tool Exhibition. India stands 13th in production and 6th in the consumption of machine tools in the world. The four-day fair aims to provide a platform for industries like aerospace, automobiles, defence, electrical and electronics instrument, material handling, etc. The Minister also inaugurated ELASIA-2014, an exhibition supported by …

The Union Minister of Micro, Small and Medium Enterprises (MSMEs), Kalraj Mishra is expanding the coverage of the schemes and strengthening their implementation for the welfare of sector. “The Ministry of MSME is laying thrust on the implementation of ongoing schemes/ programmes, which include National Manufacturing Competitiveness Programme, Credit Guarantee Scheme, Credit Linked Capital Subsidy Scheme, Performance and Credit Rating Scheme, Cluster Development Programme, Prime Minister’s Employment Generation programme, etc. for the promotion and development of MSMEs and to enhance their competitiveness and productivity,” informed Mishra in a written reply to a question in Lok Sabha on Wednesday. Further, a …