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MSME PROCUREMENT RULES
India's biggest trade bet comes with six red flagsIndia may be adding more trade partners, but its latest FTA report card comes with several red marks. A new study by the Global Trade Resea...- BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
- Stronger push for accountability: Evaluation tightened, faltering CPSEs to face strict penaltiesNew performance rules for central public sector enterprises have come into effect. Strict penalties will be applied for not meeting corpora...
- Earnings vs signals: Q4 results may matter more than they lookThe March quarter earnings season arrives at an inflection point, with stable numbers masking underlying economic shifts. Escalation of the...
- India opens govt procurement for UK firms; experts see it as strategic shiftIndia's free trade agreement with the UK includes concessions in government procurement, allowing British firms to bid on tenders with just...
- Pharma companies seek more time to implement revised norms on manufacturing practicesSchedule M of the Drugs and Cosmetics Rules, 1945 prescribes the good manufacturing practices (GMP) for pharmaceutical products, such as a ...
- MSMEs demand centralised, single window system for licences and registrationCertain sections of MSMEs are urging the Indian government to establish a single-window compliance and registration system, simplifying the...
- Karnataka MSMEs seek reservation in state government procurementKarnataka's MSMEs have petitioned the government for a policy similar to the Central policy, requesting concessions, reservation, exemption...
- MSME Day: Intensifying efforts for speedy disposal of delayed payments, says MoS, Bhanu Pratap Singh VermaMSME Day: The performance of the Credit Guarantee Scheme during 2021-22 achieved a milestone with guarantee coverage of Rs. 56,172 crore, w...
- TN govt provides concessions to startups in its stateThe concessions are based on recommendations of the Mission Director of the Tamil Nadu Startup and InnovaTN Mission (TANSIM), which was for...
- India Inc has a long wishlist but first wants to know how much govt can spendThe Confederation of Indian Industry suggested the government extend coverage under ECGLS to stressed sectors, including civil aviation, ho...
- Finance Ministry to levy 1% late payment interest on government e-marketplace“It is decided that whenever a Consignee Receipt and Acceptance Certificate (CRAC) is auto-generated or issued by a buyer and payment is no...
- Govt notifies changes in rules disallowing global tender for procurement up to Rs 200 crFM Sitharaman had last week announced an economic support package for micro, small and medium enterprises (MSMEs), which includes disallowi...
- Diwali bonanza for MSMEs: Narendra Modi lists out 12 new policiesThe MSME Outreach Programme will run for 100 days covering 100 Districts throughout the country.
- Government plans 500 incubation centres to skill professionalsThese incubation centres will provide technical knowledge to make workers skilled professionals or entrepreneurs, Minister of State for MSM...
- Confederation of Micro, Small & Medium Enterprises launchedFicci launched the Confederation of Micro, Small & Medium Enterprises (CMSME), an umbrella organisation to promote the growth of the MSME s...
- Ficci suggests 12-point action plan to boost manufacturing sectorFicci has suggested a 12-point action plan to stimulate growth and create jobs in the country's manufacturing sector by outlining measures ...
- Large companies may have to source 30% manufactured goods from MSMEsA high-level govt panel has recommended that large companies mandatorily source 30% of manufactured products from MSMEs.
- Economic Survey 2013: Need to improve resource flow to MSMEsResource flow to Micro, Small and Medium Enterprises (MSMEs) needs to improve considerably along with a strong R&D push for the sector.
- Budget 2013: CII outlines 10-point agenda to boost MSME sectorCII has asked for a comprehensive package for micro, small and medium Enterprises to unshackle their growth potential.
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