Latest Small and Medium Enterprises News & Updates

Kolkata, March 7 (IANS) West Bengal Chief Minister Mamata Banerjee launched a sharp offensive against the Bharatiya Janata Party (BJP) on Saturday, accusing the saffron party of using its allies and appointees for political gain before abandoning them.Speaking at the site of her indefinite protest against the Special Intensive Revision (SIR) of voter lists in Central Kolkata, Banerjee cited Bihar Chief Minister Nitish Kumar and the recently resigned West Bengal Governor, C.V. Ananda Bose, as pri…

New Delhi, March 4 (IANS) Both inequality and poverty have increased in Pakistan during the last six years, a report released by the country’s Planning Commission clearly indicated.This is based on a comparison of the level and distribution of household incomes, according to the Household Integrated Economic Survey (HIES) of 2018-19 and 2024-25, respectively, undertaken by the Pakistan Bureau of Statistics (PBS).The worrying statistic is the rise in the incidence of national poverty from 21.9 pe…

New Delhi, Feb 12 (IANS) Replying to questions on the ‘progress report’ of PM Vishwakarma Yojana, Minister of State (MoS) for Labour and Employment Shobha Karandlaje told the Rajya Sabha on Thursday that the public welfare scheme was being rolled out at much faster pace than anticipated, and has even surpassed its own target of registrations under the stipulated period. The MoS told the House that 30 lakh people have been registered under the scheme, making them eligible to receive welfare benef…

New Delhi, Feb 7 (IANS) When US President Donald Trump officially confirmed the much-awaited bilateral trade deal, immediately reducing American tariffs on Indian goods from 25 to 18 per cent, and Prime Minister Narendra Modi corroborated, there was a mixed reaction. And Saturday, even before India woke up, the news had broken of an US-India Joint Statement announcing an Interim Agreement.The framework will lead to the broader US-India Bilateral Trade Agreement (BTA) negotiations, launched by Pr…

New Delhi, Feb 1 (IANS) Union Finance Minister Nirmala Sitharaman’s economic roadmap for 2026-27 complements Prime Minister Narendra Modi’s vision of “Viksit Bharat” and has emerged as a guiding light for building a grand future for India, said Union Minister for Food, Public Distribution and Consumer Affairs Pralhad Joshi. He said that this is a growth-centric budget with a focus on strengthening production capacity across seven key sectors. In particular, an allocation of Rs 10,000 cro…

Bengaluru, Feb 1 (IANS) Karnataka Leader of the Opposition R. Ashoka said on Sunday that the Union Budget 2026-27 is another significant step towards a developed India, and stressed that the Bengaluru-Hyderabad high-speed rail route will further strengthen Bengaluru’s position as a key economic hub of South India. “The announcement of seven high-speed rail corridors in the budget will inject fresh momentum into economic activity by rapidly connecting major cities across the country. The Bengal…

New Delhi, Jan 29 (IANS) The Economic Survey for 2025-26, tabled in Parliament on Thursday, has raised India’s potential growth rate to 7.0 per cent, up from 6.5 per cent three years ago, as “sustained domestic reforms and public investment are lifting the economy’s underlying growth capacity” despite the global headwinds.“The expansion of infrastructure — illustrated by the doubling of the airport network over the past decade and the rapid growth of freight movement through inland wa…

Mumbai, Jan 27 (IANS) The Maharashtra cabinet, chaired by Chief Minister Devendra Fadnavis, on Tuesday approved the waiver of stamp duty on the purchase and sale of enemy property at the time of initial registration. The Custodian of Enemy Property of India (CEPI), under the control of the Home Department of the Central Government, preserves, manages and sells enemy property. The Custodian of Enemy Property Act, 1968, allows the sale of enemy property.There are a total of 428 enemy properties in…

New Delhi, Jan 27 (IANS) Delhi Chief Minister Rekha Gupta on Tuesday announced a tie-up with the Central government’s lending agency for guarantee-free loans for small entrepreneurs in the Capital to boost economic activity and employment. “Our government has ensured loan arrangements for Micro and Small Enterprises in Delhi without requiring guarantees or collateral,” she said.“Small entrepreneurs often face difficulties in obtaining loans without guarantees, but today the Delhi governm…