Post by: Arnold Thomas in Business Startup
District Industries Centres in Tamilnadu Micro Small and Medium Enterprises (MSME) in India plays a crucial role in providing mass employment opportunities to unemployed youth. Also helps in industrialising the rural and backward areas in the country by reducing the…
Post by: Sinduja Shankar in Government Initiatives
REMOT Scheme Rejuvenation, Modernisation and Technology Upgradation (REMOT) is a credit-linked subsidy scheme of the Ministry of MSME for the establishment of coir units. This scheme aims to modernize the Coir Industry by the adoption of modern technology in the…
Post by: Arnold Thomas in Government Initiatives
Coir Vikas Yojana (CVY) Coir Vikas Yojana (CVY) is a scheme initiated by Coir Board that functions under the Ministry of Micro, Small, and Medium Enterprises (MSME). It has been rolled out with the goal of facilitating the development of…
Post by: Arnold Thomas in Government Initiatives
SIDBI UdyamiMitra SIDBI (Small Industries Development Bank of India) has introduced a new portal www.UdyamiMitra.in. The main objective is to help the MSMEs (Micro Small Medium Enterprises) with easy and secure access to financial and non-financial services. The following are…
Post by: Sreeram Viswanath in Government Initiatives
Scheme for Incentive to Industries The Scheme for Incentives to Industries is a Gujarat Government initiative that seeks to grant incentives to industrial undertakings. The object of this endeavour is to enhance the scope of investments, create employment opportunities for…
Post by: Renu Suresh in Banking Government Initiatives
TMB MSME Credit Scheme The Tamil Nadu Mercantile Bank Limited has launched TMB MSME credit scheme. The primary objective towards the execution of this scheme is to provide Bank Credit to Micro Small and Medium Enterprise (MSME) at liberalised terms…
Post by: Bennisha in Import - Export
Packing Credit Packing credit is the most commonly used trade finance tool by an exporter. The international sales cycle is longer when compared to domestic sales, which makes packing credit a convenient line of credit for exporters. The advance is…
