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: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search