The Union Cabinet, chaired by Hon’ble Prime Minister Shri Narendra Modi has taken historic decisions that will have a transformative impact on the lives of India’s hardworking farmers, MSME sector and those working as street vendors. Helping hand to MSMEs: 1. Upward revision of MSME Definition- It has been decided that decided to further increase the limit for medium manufacturing and service units. Now it will be Rs. 50 crore of investment and Rs. 250 crore of turnover. It has also been decided that the turnover with respect to exports…
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Three more States included in One Nation One Card scheme!!
The hon’ble Union Minister of Consumer Affairs, Food & Public Distribution Shri Ram Vilas Paswan announced the inclusion of three more states namely – Odisha, Sikkim and Mizoram in the scheme on ‘Integrated Management of Public Distribution System’ (IM-PDS).Under this system nation-wide portability of the benefits under NFSA through “One Nation One Ration Card” plan is implemented to enable the NFSA ration card holders to lift their entitled quota of subsidised foodgrains from any ePoS enabled FPS of their choice anywhere in the country, by using the existing/same ration card…
Read MoreHon’ble Prime Minister Launches CHAMPIONS, a technology platform to empower MSMEs
Hon’ble Prime Minister Launches CHAMPIONS, a technology platform to empower MSMEs : Further, Hon’ble Prime Minister Shri Narendra Modi has launched the technology platform CHAMPIONS which stands for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. As the name suggests, the portal is basically for making the smaller units big by solving their grievances, encouraging, supporting, helping and handholding. It is a real one-stop-shop solution of MSME Ministry. This ICT based system is set up to help the MSMEs in present difficult situation and…
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