Chinese companies banned from highway projects and MSME sectors too, Union Minister Nitin Gadkari

Chinese companies banned from highway projects and MSME sectors too, Union Minister Nitin Gadkari

New Delhi: Following the ban on 59 Chinese apps, the government is preparing to deliver another strong jolt to China. Nitin Gadkari, Minister for Micro, Small, medium enterprises (MSME), informed that the government is preparing a policy to stop Chinese investment in the infrastructure and MSME sectors. Gadkari said that the government would ensure that […]

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Union government introduces equity infusion for the MSME sector   

Union government introduces equity infusion for the MSME sector   

New Delhi/ Mumbai: The government has announced extensive measures for the Micro, Small and Medium Enterprises (MSME) sector that provides employment to 11 crore people and holds 21% contribution to the Indian GDP. On Monday, the Union Ministry approved a package worth ₹70,000 crores for the sector. Besides, it also includes equity worth ₹50,000 crores. […]

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Government announces significant package for MSME sector, loan assistance of ₹3 lakh crores

Government announces significant package for MSME sector, loan assistance of ₹3 lakh crores

New Delhi: The details of the economic package of ₹ 20 lakh crores, announced by Prime Minister Narendra Modi, were given by Finance Minister Nirmala Sitharaman on Wednesday. The Prime Minister had said that the cottage, home, micro, small and medium industries, employing millions of people, are the firm foundation of the ‘Self-reliant India Campaign’. […]

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