Bhubaneswar: Describing Micro, Small and Medium Enterprises (MSME) sector as an opportunity for Odisha, Union Minister Kalraj Mishra on Tuesday said the Centre will take steps to eradicate unemployment from the state by promoting small scale units and start ups. “MSME sector has become a challenge as well as opportunity for Odisha. We will be […]
Bhubaneswar: Navaratna PSU Nalco is planning to increase its purchase preference from MSMEs from the existing 15 per cent to 20 per cent. Nalco chairman-cum-managing director T K Chand also said the company would enhance the procurement volume from the MSME sector. “While Nalco provides a large market for the MSMEs of Odisha and has […]
Bhubaneswar: In a leg-up for its MSME (micro, small and medium enterprise) products, the Odisha government is in talks with leading online retailers for marketing these internationally. The state government has also sought the assistance of Mumbai-based World Trade Centre (WTC), which will assist local businesses to foray online into global markets and help enhance […]
Odisha’s MSME sector has about 4.50 lakh entities with investment of about Rs 22000 crore and employs close to 17 lakh people.
Bhubaneswar: The Micro, Small & Medium Enterprises (MSME) department is targeting to establish around 1000 start-ups in Odisha for which start-up development cells will be set up in different districts to encourage entrepreneurship. Minister of State (Independent Charge) for Micro, Small and Medium Enterprises (MSME), Dibya Shankar Mishra chaired a Start-up Showcase programme held in […]
Bhubaneswar: In an ambitious move, the Ministry of Micro, Small and Medium Enterprises (MSME) has decided to come up with 50 Solar Charkha Clusters across the country under the Mission Solar Charkha. A budget of Rs 550 crore has been allotted for the project for the year 2018-19 and 2019-20. The scheme is envisaged to […]
New Delhi: In a public outreach exercise, Finance Minister Nirmala Sitharaman on Thursday said public sector banks will organise credit “shamiana meetings” in 400 districts beginning October 3 to provide loans to NBFCs and retail borrowers, including homebuyers and farmers and banks won’t declare any stressed loan account of MSMEs as NPA till March 2020 […]
New Delhi: The Ministry of Micro, Small and Medium Enterprises (MSME) and the Ministry of AYUSH have signed an agreement to jointly promote the nutraceuticals industry in India. MSME Minister Pratap Chandra Sarangi who was at an Assocham event in New Delhi announced the joint venture. “My department MSME and Ayush have also signed an […]
New Delhi: Finance Minister Nirmala Sitharaman on Friday said the ministries have cleared most of the dues of goods and services to suppliers, mostly MSMEs, and the remaining payments will be done in the next few days. The minister also said that ministries have been asked to provide detailed capital expenditure plans for the next […]
Gurugram: E-commerce marketplace Flipkart on Tuesday expanded its supply chain infrastructure with opening two of its largest fulfilment centres (FCs) in Farrukhnagar, Haryana which will generate more than 5,000 jobs in the region. Spread across 9 lakh square feet, the fulfilment centres will help Flipkart significantly scale up its supply chain infrastructure in north India, […]
Bhubaneswar: The Utkal Chamber of Commerce and Industry (UCCI) urged the Odisha government on Thursday to facilitate the making of wage payments during the COVID-19 lockdown period from the funds available with the Employees’ State Insurance Corporation (ESIC). The UCCI also sought granting of working capital loan, additional MUDRA loan on subsidised rate of interest […]
New Delhi: Announcing an economic package to tide over the coronavirus crisis, Prime Minister Narendra Modi on Tuesday said the Indian economy should take a quantum jump, and not in incremental manner. Addressing the nation on Tuesday evening, Modi said that economy, infrastructure, demography and demand would be among the major features of India in […]
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday announced a booster dose for MSMEs including Rs 3 lakh crore collateral free automatic loan for businesses. This will benefit 45 lakh small businesses, she said detailing parts of the Rs 20 lakh crore economic stimulus package. Union Finance Minister Nirmala Sitharaman announces emergency credit lines to […]
Mumbai: The Indian share market plunged on Thursday with the BSE Sensex falling over 800 points and the NSE Nifty50 falling below the 9,200 mark. The initial announcements under the Rs 20 lakh crore economic package failed to boost the investor sentiments. Further, weakness in the global markets also weighed on the domestic indices, analysts […]
Bhubaneswar: The Odisha government on Friday decided to organise camps in industrial estates to spread awareness among MSME units about the economic package announced by the Centre for the sector. The decision was taken at a high-level meeting chaired by Chief Secretary A K Tripathy where it was observed that the Micro, Small and Medium […]
Copyright © 2024 - Odisha Television Limited All Rights Reserved.