Home / Knowledge / News / Several steps taken to support MSMEs - Shri Mahabir Prasad
Several steps taken to support MSMEs - Shri Mahabir Prasad
13
Mar '08
The Government has taken various steps for promotion of micro and small enterprises in the country, particularly the first generation entrepreneurs through Entrepreneurship Development Programmes.

This was stated by Shri Mahabir Prasad, Minister for Micro, Small & Medium Enterprises (MSME) while chairing the Fourth Meeting of the National Board for Micro, Small & Medium Enterprises (NBMSME).

The main agenda for the fourth meeting of the NBMSME was Establishing of Entrepreneurship Development Institutes by State Governments and issues of concern for MSMEs.

Shri Prasad said, Entrepreneurship Development is one of the key elements for promotion of micro, small & medium enterprises and is a major means for inclusive growth.

The Minister said, to undertake and facilitate this task on a regular basis, the Ministry of Micro, Small & Medium Enterprises has set up three national level Entrepreneurship Development Institutes (EDIs).

Besides, the Ministry has also been implementing an important scheme, viz, Scheme for Assistance for Strengthening of Training Infrastructure and new Entrepreneurship Development Institutes.

Under this scheme a maximum of one crore rupees assistance is given to new Entrepreneurship Development Institutes as also to existing institutes.

Expressing satisfaction that the General Budget 2008-09 has made a provision of Rs. 2,000 crore Risk Capital Fund for Small Industries Development Bank of India (SIDBI), the Minister said that some more proposals would be taken up during the budget discussions.

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search