RBI/2013-14/498 A.P. (DIR Series) Circular No.107 February 20, 2014 To All Category I Authorised Dealer Banks Madam / Sir, Foreign Direct Investment (FDI) into a Small Scale Industrial Undertakings (SSI) / Micro & Small Enterprises (MSE) and in Industrial Undertaking manufacturing items reserved for SSI/MSE Attention of Authorised Dealer Category I (AD Category-I) banks is… Read More
Tags: foreign direct investment, Foreign Exchange Management Act, Ministry of Micro Small & Medium Enterprises, Small and medium enterprises
The Ministry has taken a number of measures to boost the industrial growth of the country. These, inter-alia, include announcement of National Manufacturing Policy (NMP), 2011, simplification and rationalization of the Foreign Direct Investment (FDI) Policy, implementation of Delhi Mumbai Industrial Corridor (DMIC) project, conceptualisation of Amritsar Kolkata Industrial Corridor (AKIC), launching of the e-biz… Read More
Tags: Central Bank of Nigeria, finance, Government, Incentive, Incentive program, Nigeria, Private sector, Small and medium enterprises
The SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI), with the intent of giving the small and mid-market segment (SME) in India a major boost, has initiated a new trading platform specifically for the SMEs. The following notification has been issued on the modalities of the process, rules involved. The new Regulations hereafter, will be called SEBI… Read More
Tags: Board for Industrial and Financial Reconstruction, India, New Delhi, Reserve Bank of India, SEBI, Securities & Exchange Board of India, Securities and Exchange Board of India Act 1992, Small and medium enterprises
The SEBI Board met in Mumbai today and took the following main decisions: 1. Amendments to SEBI (Buy Back of Securities) Regulations, 1998 governing buy-back through open market purchase As part of SEBI's constant endeavour to align regulatory requirements with the changing market realities as well as to enhance efficiency of the buy-back process, the… Read More
Tags: foreign direct investment, Government of India, India, Investment, SEBI, Securities & Exchange Board of India, Small and medium enterprises, Sovereign wealth fund
Department of Economic Affairs has arranged for an assistance of US$ 150 million in 4 tranches from Asian Development Bank (ADB) for implementation of a comprehensive Khadi Reform and Development Programme (KRDP) through Khadi and Village Industries Commission (KVIC) for revitalizing the khadi sector with enhanced sustainability of khadi, increased incomes and employment for spinners… Read More
Tags: Asian Development Bank, K. H. Muniyappa, KhÄdÄ«, Khadi and Village Industries Commission, KVIC, Lok Sabha, Minister of State, Small and medium enterprises
In order to partially offset the high cost of credit for the exporters, 2% Interest subvention scheme was introduced. Prior to June, 2012, the scheme was available to Handlooms, Handicrafts, SMEs and carpets sectors. In June 2012, it had been extended to labour intensive sectors, namely, Toys, sports goods, processed agricultural products, and ready made garments, in… Read More
Tags: 1st January 2013, Agriculture, Export, Handloom, June 2012, Programming, Small and medium enterprises, Subsidy
Securities and Exchange Board of India (SEBI) vide its circular dated May 18, 2010 has prescribed the guidelines regarding setting up of a Stock exchange/ a trading platform by a recognized stock exchange having nationwide trading terminals for Small and Medium Enterprises (SME). Subsequently on request of BSE Ltd. (BSE) and National Stock Exchange of… Read More
Tags: Bombay Stock Exchange, BSE, National Stock Exchange of India, SEBI, Securities and Exchange Board of India, Small and medium enterprises, SME, Stock exchange
Inadequate exposure of Indian Industries including Micro, Small and Medium Enterprises to International market is captured in the World Development Indicators, 2011 of the World Bank. The data reflects that although in 2011 India was 10th in the World in respect of its Gross Domestic Product (GDP), the country™s rank was 18th in respect of… Read More
Tags: Director General of Commercial Intelligence & Statistics, Ministry of MSME, MSME Sector, National Small Industries Corporation, PMEGP, Prime Minister’s Employment Generation Programme, Small and medium enterprises, Small Scale Industries, World Development Indicators