Category Archives: StartUps

Entrepreneurship Development under Ministry of Skill Development and Entrepreneurship

Ministry of skill development

Minister of State for Skill Development and Entrepreneurship Shri. R. K.Singh has informed that With an aim to promote a culture of entrepreneurship among India’s youth and inspire them to set-up their own enterprise and create employment opportunities for others, Ministry of Skill Development & Entrepreneurship, instituted National Entrepreneurship… Read More

Ministry of Commerce & Industry | DD channel for Start-up Ecosystem

DD Channel

The Union Minster of Finance and Corporate Affairs, Nirmala Sitharaman said that the Government proposes to start a channel within the DD bouquet of channels exclusively for start-ups. Presenting the Union Budget 2019-20 in Parliament today, she said that the channel will serve as a platform for promoting start-ups, discussing issues affecting their … Read More

Stand-Up India Scheme extended till 2025

Stand Up India

The Stand Up India Scheme has been extended upto the year 2025. This was stated by the Union Minister of Finance and Corporate Affairs, Smt Nirmala Sitharaman while presenting the Union Budget 2019-20 in the Parliament today. “Stand-Up India Scheme has delivered enormous benefits. The country is witnessing emergence of thousands of entrepreneurs from … Read More

MSME | 15 lakhs being provided to Micro & Small Enterprises for Technology Upgradation

MSME-indianbureaucracy

Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises has informed that Lack of access to latest technologies affects the capability of Small and Medium Enterprises to compete in the global market. In order to support SMEs in accessing latest technologies, the Ministry of Micro, Small and Medium Enterprises (MSME) implements a scheme… Read More

Five day Grand Finale of Smart India Hackathon – 2019 (Hardware Edition) inaugurated

Five day Grand Finale of Smart India Hackathon - 2019

The Grand Finale of Smart India Hackathon (SIH) -2019 (Hardware Edition) was inaugurated by the Union Minister for Human Resource Development, Shri Ramesh Pokhriyal ‘Nishank’ in New Delhi today. The Grand Finale of second part of Smart India Hackathon-2019, Hardware edition is being conducted from 8th to 12th July, 2019 across the country. Minister of State… Read More

MSME highlights measures taken to Promote agro Based & other Micro Industries

MSME

To promote these micro enterprises in the country, KVIC implements one of the major programme namely Prime Minister’s Employment Generation Programme (PMEGP). PMEGP is a credit linked subsidy scheme, for setting up of new micro-enterprises and to generate employment opportunities in rural as well as urban areas of the country.   General category beneficiaries… Read More

Ministry of Commerce & Industry increases Turnover from 25Cr to100 Cr for Start-ups Registration

Start-Ups

Minister of Commerce and Industry, PiyushGoyal has informed that Department for Promotion of Industry and Internal Trade (DPIIT) vide its notification number G.S.R. 127(E) dated 19thFebruary 2019 has increased the maximum turnover for a firm to be considered as a start-up to Rs. 100 crore from earlier criteria of maximum turnover of Rs. 25 crore.

The Apprentices… Read More

Ministry of Commerce & Industry | Tax Exemption to Start-Ups

Start-Ups

Minister of Commerce and Industry, PiyushGoyal has informed that Startups receiving investments from Ventures Capital Fund are exempt from taxation as per provision of Section 56, (2) (vii b) of Income Tax Act 1961 (Act). Angel Fund is sub category of Ventures Capital Fund under Category-I Alternative Investment Fund (AIF), hence, eligible for the same … Read More

International SME Convention 2019 , 28th – 29th June | MSME Ministry

The Ministry of Micro Small and Medium Enterprises is organizing an international  convention on the theme “Indian MSMEs, Global Aspirations” in New Delhi to observe the International MSME Day tomorrow.  Further, as part of continued celebrations, the second edition of the International SME Convention 2019 will be held from 28th – 29th June .

The… Read More

MSME | Employment provided by Micro, Small and Medium Enterprises

MSME

Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises has informed that Micro, Small and Medium Enterprises are the largest provider of employment after agriculture. As per the 73rdRound of National Sample Survey (NSS) conducted by  National Sample Survey Office, Ministry of Statistics & Programme Implementation during the… Read More

MSME | Govt plans to increase the number of MSMEs in India

MSMEs

Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises has informed that The Ministry of Micro, Small and Medium Enterprisesis striving to increase the number of micro and small industries in the country on a sustainable basis through implementation of various schemes andprogrammes. The Ministry provides better credit facility, … Read More