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Ministry of Commerce & Industry
23-April, 2018 15:28 IST
MSMEs will play a key role in employment generation- Suresh Prabhu

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Shri Suresh Prabhu delivering keynote address at the First International SME Convention – 2018, Delhi

The First International SME Convention – 2018 is being convened inNew Delhi. Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhuwas the Chief Guest at theinaugural function held today. Speaking on this occasion, the Minister congratulated Minister Shri Giriraj Singh for taking leadership in holding this International SME Convention for the first time, in which more than 30 countries are participating. He said that the world is debating strategies to revive global growth, but there are challenges like the rising gap between rich and poor within a country and also between rich and poor countries along with issues likeclimate change and jobless growth. He emphasised that Micro,Small and Medium Enterprises (MSME) will play key rolesin solving these problems.

MSMEs will reduce gap between rich and poor as they are agents of inclusive growth. Micro, Small and Medium Enterprises will help in reducing Green House Gas emissions as they are generally closer to markets leading to reduced carbon footprints. MSMEs will play a key role in employment generation thus countering jobless growth.

He further said that there is a complementary relationship between big enterprises and MSMEs. Only if thesmall survive the big will prosper. Big enterprises and MNCs require global value and supply chain, which is not possible without MSMEs. Need of the hour is strengthening these linkages between big and small, and together both will propel the global economy.

Stressing on role of MSMEs, the Minister said that new Industrial Policy, which will be announced soon, lays great stress on the role of Self Help Groups (SHGs). He also emphasised that MSMEs can take advantage of the Start-up India Program. The Minister suggested that network of MSMEs across countries in Africa, Central Asia and Latin America, may be created to promote their ideas at the global level as MSMEs are the crucible of creation of new ideas in the world of business.

The SME International Convention – 2018 is being organised by the Ministry of MSME and National Small Industries Corporation (NSIC) along with KVIC and Coir Board. During the inaugural function MoS (IC), MSME, Giriraj Singh, MoS of External Affairs, M.J. Akbar, Secretary MSME, Dr.Arun Kumar Panda, Additional Secretary and Development Commissioner, MSME, Ram Mohan Mishra, Chairman of KVIC and Chairman of Coir Board were also present.

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Ministry of Micro,Small & Medium Enterprises
23-April, 2018 17:40 IST
Business Beyond Borders: International SME Convention – 2018 begins in New Delhi



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Minister of State for Micro, Small & Medium Enterprises, Giriraj Singh, addressing delegates at the International SME Convention -2018



Delegates from 37 countries are participating in the first ever International SME Convention being held in New Delhi from 22nd to 24th April 2018. Some of the participating countries are Australia, Austria, France, Indonesia, Italy, Kenya, Korea, Malaysia, Morocco, Nigeria, Philippines, Poland, Russia, Spain, Sri Lanka, South Africa and UAE. Delegates from these countries are representing small enterprises of their countries in the sectors of agriculture, healthcare, strategic defence training, education, logistics, digital entertainment and waste management. The Convention will be also hosting over 400 entrepreneurs from India.



During the 2 days’ Convention a Khadi fashion show called “Transcending Boundaries” will be held. The show is being curated by Sunil Sethi of the Fashion Design Council of India featuring Khadi designs of Rohit Bal, Anju Modi, Payal Jain and Poonam Bhagat. The Convention has a special session for women entrepreneurs where successful women business persons will discuss creating sustainable livelihoods for women entrepreneurs.



The MSME sector has emerged as a most vibrant sector in the Indian economy and has gained recognition throughout the world for doing business in areas as varied as waste management, gems and jewellery, agriculture and food processing and the automotive industry. During this Convention around 150 exhibitors from India and abroad have set up stalls showcasing their business and products. During the inaugural function 35 of India’s “Small Giants” were felicitated by the Minister. The companies felicitated are dealing with logistics, bio-technology, pharma, semi-conductors, textiles, gems and jewellery, security and chemicals.



The Minister hoped that a Convention like this will act like a bridge across all sectors and will help India in making use of its demographic dividend by generating jobs for the youth of this country.



The Polish delegation has the largest number of participants and is led by the Mayor of Sosnowiec, Mr. Arkadiusz Chęciński. Sosnowiec is an industrial city of Southern Poland. On this occasion, Gianfranco Terenzi, President of World Union of Small and Medium Enterprises (WUSME), Prahlad Kakkar, Chairman, India SME forum, Secretary, Ministry of Micro, Small & Medium Enterprises (MSME), Dr. Arun Kumar Panda, Chairman of Khadi and Village Industries Commission and Chairman of Coir Board of India were also present.



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The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh lighting the lamp to inaugurate the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018. The Secretary, MSME, Shri Arun Kumar Panda and other dignitaries are also seen.
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The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh inaugurating the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018.
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The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh visiting after inaugurating the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018.
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The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh visiting after inaugurating the SME expo stalls, at the International SME convention 2018, in New Delhi on April 23, 2018.
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The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu lighting the lamp at the inaugural session of the International SME Convention 2018, in New Delhi on April 23, 2018. The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh, the Minister of State for External Affairs, Shri M.J. Akbar, the Secretary, MSME, Shri Arun Kumar Panda and other dignitaries are also seen.
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The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu delivering the keynote address at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
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The Union Minister for Commerce & Industry and Civil Aviation, Shri Suresh Prabhakar Prabhu delivering the keynote address at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
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The Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh addressing at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
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The Minister of State for External Affairs, Shri M.J. Akbar addressing at the inauguration of the International SME Convention 2018, in New Delhi on April 23, 2018.
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Ministry of Micro,Small & Medium Enterprises
24-April, 2018 16:22 IST
Women Entrepreneurs share their Experiences in International SME Convention




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A special session on women entrepreneurs in progress



Women entrepreneurs from India, Finland, Italy, Russia and Cambodia today shared their experiences of success and obstacles faced, in a session during the first ever International SME Convention being held in New Delhi from 22nd to 24th April 2018. A special session was devoted to “Women Entrepreneurs ---Sustainable Livelihoods to Successful Business” and was chaired by Additional Secretary & Development Commissioner in the Ministry of Micro, Small and Medium Enterprises, MSME, Shri Ram Mohan Mishra. The Development Commissioner said that the MSME ministry is in the process of drafting strategies for encouraging women to set up their own businesses.

Underlining the importance of women in entrepreneurship, Ms. Anuradha Sahu of Auro Arts said that women are the baseline of the pyramid of success. Another speaker Mrs. Priyanka Mokshmar said that awareness about various schemes of the ministry of MSME is important for setting up a successful enterprise.

Joint Secretary in the MSME Ministry, Ms. Alka Arora said that women all over the world are doing a wonderful job and for this they require support of their families.

SME delegates from 37 countries including Australia, Austria, France, Indonesia, Italy, Kenya, Korea, Malaysia, Morocco, Nigeria, Philippines, Poland, Russia, Spain, Sri Lanka, South Africa and UAE are participating in the Convention. The delegates represent small and medium enterprises of their countries in different sectors including agriculture, healthcare, strategic defence training, education, logistics, digital entertainment and waste management.

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The Union Minister for Minority Affairs, Shri Mukhtar Abbas Naqvi, the Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh, the Secretary, MSME, Shri Arun Kumar Panda and the Chairman, KVIC, Shri Vinai Kumar Saxena at the ‘Khadi Fashion Show’, during the International SME convention 2018, in New Delhi on April 23, 2018.
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The Union Minister for Minority Affairs, Shri Mukhtar Abbas Naqvi, the Minister of State for Micro, Small & Medium Enterprises (I/C), Shri Giriraj Singh and the Chairman, KVIC, Shri Vinai Kumar Saxena at the ‘Khadi Fashion Show’, during the International SME convention 2018, in New Delhi on April 23, 2018.
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The Prime Minister, Shri Narendra Modi being received by Chief Minister of Madhya Pradesh, Shri Shivraj Singh Chouhan, on his arrival at Jabalpur, Madhya Pradesh on April 24, 2018.
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The Additional Secretary & Development Commissioner, Ministry of Micro, Small and Medium Enterprises, Shri Ram Mohan Mishra chairing a special session devoted to “Women Entrepreneurs - Sustainable Livelihoods to Successful Business”, during the International SME Convention 2018, in New Delhi on April 24, 2018.
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Prime Minister's Office
25-April, 2018 18:55 IST
PM’s interaction through PRAGATI

The Prime Minister, Shri Narendra Modi, today chaired his twenty-fifth interaction through PRAGATI - the ICT-based, multi-modal platform for Pro-Active Governance and Timely Implementation.

The 25 PRAGATI meetings have seen a cumulative review of 227 projects with a total investment of over Rs. 10 lakh crore. Resolution of Public Grievances has also been reviewed across a range of sectors.

The Prime Minister congratulated all stakeholders on the completion of 25 PRAGATI interactions. He said that coordination between the Centre and the States has increased as a result of the PRAGATI mechanism. He said the PRAGATI initiative is a great positive force for our federal structure. He said that besides stalled projects, the platform has also helped in the review and improvement of several social sector schemes.

Today, in the twenty-fifth meeting, the Prime Minister reviewed the progress towards handling and resolution of grievances related to the welfare of ex-servicemen. He stressed on the importance of improving the speed of grievance disposal, so that the problems of ex-servicemen can be positively resolved in the shortest possible time.

The Prime Minister reviewed the progress of ten infrastructure projects in the railway, road, petroleum, power, coal, urban development, and health and family welfare sectors. These projects are spread over several states including Himachal Pradesh, Uttar Pradesh, Odisha, Andhra Pradesh, Gujarat, Maharashtra, Assam, Sikkim, West Bengal, Bihar, Tamil Nadu and Jharkhand.

The Prime Minister reviewed the progress in implementation of the Pradhan Mantri Krishi Sinchai Yojana. He also reviewed the programme for National Fellowships and Scholarships for Higher Education of Scheduled Tribe Students.


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The Prime Minister, Shri Narendra Modi chairing twenty-fifth interaction through PRAGATI - the ICT-based, multi-modal platform for Pro-Active Governance and Timely Implementation, in New Delhi on April 25, 2018.
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The Prime Minister, Shri Narendra Modi chairing twenty-fifth interaction through PRAGATI - the ICT-based, multi-modal platform for Pro-Active Governance and Timely Implementation, in New Delhi on April 25, 2018.
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Ministry of Commerce & Industry
25-April, 2018 14:33 IST
First International SME Convention concludes Digital Trade Desk to be set-up by Ministry of MSME



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Dr. Arun Kumar Panda, Secretary MSME presenting “friend of India” plaque to delegate from Malawi



The first International SME Convention organised by Ministry of Micro, Small and Medium Enterprises concluded in New Delhi on 24th April. 160 SMEs from 39 countries participated in the three day event where issues of international best practices on SME development and cooperation, global business opportunities for SMEs, problems faced by women entrepreneurs were discussed. Poland, with 15 SMEs, had the largest delegation, followed by Uzbekistan with 8 SMEs and Ghana with seven. Four hundred SMEs from India also participated.

23 agreements were signed between SMEs of India and SMEs of UK, Russia, Uzbekistan, Poland, Bhutan, Austria, Czech Republic, Cameroon and Sri Lanka. These agreements are in 12 sectors: food processing, agriculture, textiles, defence, ammunition, waste management, dairy products, coal, jewellery, health care and education. Four foreign SMEs have also signed expression of interest for entering into joint ventures with Government of India.

In his address during the Valedictory function the Secretary M/o MSME Dr. Arun Kumar Panda said that the ministry has planned to set up a Digital Trade Desk aimed at furthering more collaborations between SMEs of India and other countries and for exchange of data. He also said that another mega international event is being planned in a few months. He also said that going by the success of the Convention it is planned to make it an annual feature with 79 countries already showing interest to participate in the next Convention.

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Ministry of Civil Aviation
26-April, 2018 16:11 IST
Manufacturing of Planes under Make In India and Safety & Security in Aviation Sector to be top priority: Suresh Prabhu

Sh. Suresh Prabhu, Union Minister for Civil Aviation today stated that aircraft and aviation equipment manufacturing under the Make in India programme and safety and security in the aviation sector would be one of his top priorities along with creating world-class passenger and cargo hubs in India. He also stated that air passengers must have a delightful travel experience and private sector must be responsive to customer requirements. He was chairing a meeting of airline industry stakeholders, including CMDs of different airlines, airport directors and others who are involved in airport operations, on wide-ranging issues like passenger service, security, public-private partnership, infrastructre, air connectivity etc. Shri Rajiv Nayan Choubey, Secretary, Ministry of Civil Aviation and senior officers from the Ministry were also present in the meeting.

Shri Suresh Prabhu informed that such meetings would be conducted at regular intervals to ensure that the growth in aviation sector industry is as per world standards. He also stated that PPP should mean private partnership not only with the Government but with the public at large. He also stressed on the need for a demand survey of the air-traffic potential from various cities that needs to be made. The issues discussed in the meeting included transforming India as an air cargo hub and working towards e-national air cargo community system and e-freight cargo.

Ministry of Consumer Affairs, Food & Public Distribution
26-April, 2018 18:07 IST
Bureau of Indian Standards grants first license for Liquid Chlorine on All India Basis

License for Liquid Chlorine to facilitate industry to get a quality product with Standard Mark under BIS Certification Marks scheme

Bureau of Indian Standards (BIS) granted First Licence to M/s Gujarat Alkalies and Chemicals Ltd for Liquid Chlorine on All India basis. Ahmedabad Branch Office (AHBO) under the jurisdiction of Western Regional Office has granted BIS Certification Marks Licence CM/L-7200117899 to M/s Gujarat Alkalies and Chemicals Ltd, PO Petrochemicals, Ranoli, Vadodara, Gujarat-391346 for the product Liquid Chlorine, Technical as per IS 646:1986.

This is the First Licence granted on All India basis. The licence has been made operative with effect from 12th April, 2018 for a period of one year. This product is in liquid form and stored in metal containers. It is usually used as a gas obtained by evaporating the liquid from the metal container. It is used mainly in paper, pulp, textile bleaching, water sterilization and manufacture of chemicals.

The Indian Standard 646:1986 for Liquid Chlorine, Technical, prescribes the requirements and the methods of sampling and test for liquid chlorine, technical. The move will facilitate industry to get a quality Liquid Chlorine with Standard Mark under BIS Certification Marks scheme.

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The Union Minister for Textiles and Information & Broadcasting, Smt. Smriti Irani lighting the lamp at the Meeting of the State Textiles Ministers, in New Delhi on April 26, 2018. The Minister of State for Textiles, Shri Ajay Tamta and other dignitaries are also seen.
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The Union Minister for Textiles and Information & Broadcasting, Smt. Smriti Irani presiding over the Meeting of the State Textiles Ministers, in New Delhi on April 26, 2018. The Minister of State for Textiles, Shri Ajay Tamta, the Secretary, Ministry of Textiles, Shri Anant Kumar Singh and other dignitaries are also seen.
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The Union Minister for Textiles and Information & Broadcasting, Smt. Smriti Irani presiding over the Meeting of the State Textiles Ministers, in New Delhi on April 26, 2018. The Minister of State for Textiles, Shri Ajay Tamta, the Secretary, Ministry of Textiles, Shri Anant Kumar Singh and other dignitaries are also seen.
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Ministry of Defence
27-April, 2018 18:49 IST
DAC Approves Capital Acquisition Proposals Worth Rs 3,687 Crore

The Defence Acquisition Council (DAC), chaired by the Raksha Mantri Smt Nirmala Sitharaman, met today and accorded approval to Capital Acquisition Proposals of the Services valued at over Rs 3,687 crore.

In a boost to indigenisation and in realisation of India's growing technological prowess, the DAC approved procurement of Defence Research and Development Organisation’s (DRDO’s) designed and developed NAG Missile System (NAMIS) at the cost of Rs 524 crore. The system includes a third generation Anti-Tank Guided Missile, the NAG, along with the Missile Carrier Vehicle (NAMICA). The NAG missile is a third generation anti-tank guided missile, which has top attack capabilities that can effectively engage and destroy all known enemy tanks during day and night. This will give a quantum boost to the Army's capability against enemy armour.

The DAC also approved procurement of thirteen 127 mm calibre guns for the Navy. These guns will be fitted on-board new construction ships for undertaking surface engagements including Naval Gunfire Support Operations. The guns will enable Naval ships to provide fire support and engagement of targets on the land. These guns have engagement range of 24 kilometres, which could be extended further by using Extended Range Gun Munitions (ERGM). These guns, a long outstanding requirement of the Navy would be procured from BAE Systems of the United States of America under the categorisation of Buy (Global) at an approximate cost of over Rs 3,000 crore.

The DAC also reviewed the progress of the DRDO programme to develop indigenous Airborne Warning and Control System (AWACS).
 
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Ministry of Shipping
27-April, 2018 18:34 IST
Shri Gadkari to Visit Cochin Tomorrow

Cochin Shipyard to start construction of two pax cum cargo vessels for A&N Islands

Shri Nitin Gadkari, Union Minister of Road Transport & Highways, Shipping, Water Resources, River Development & Ganga Rejuvenation will be in Cochin for an official visit tomorrow. He will attend the commencement of block erection of Ship 021 and Ship 02 at Cochin Port, Willingdon Island. The 500 PAX cum 150 MT cargo vessels are being built by Cochin Shipyard for the Andaman & Nicobar Administration.

Shri Gadkari will also hold a review meeting of National Highways projects in Kerala.

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The Union Minister for Road Transport & Highways, Shipping and Water Resources, River Development & Ganga Rejuvenation, Shri Nitin Gadkari at the Keel laying ceremony for passenger vessels, at Cochin Shipyard Ltd., in Kerala on April 28, 2018. The Member of Parliament, Shri Shahnawaz Hussain and other dignitaries are also seen.
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GUWAHATI: A bomb disposal expert places the suspected explosives into a bomb disposal trolley, at khanpara field in Guwahati on Wednesday. UNI PHOTO

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Ministry of Finance
08-May, 2018 18:18 IST
CriSidEx Jan-March 2018 readings show Micro and Small Enterprises (MSEs) confidence largely intact; MSEs remain upbeat on growth prospects ?;?Sentiment expected to continue through April-June 2018? as well.?

The Second Quarterly Crisidex Survey shows Micro and Small Enterprises (MSEs) had a better January-March 2018 (called the Survey Quarter, or SQ), driven by gains in the

Manufacturing Sector, compared with October-December 2017. CriSidEx is a sentiment index based on a diffusion index of 8 parameters (5 Manufacturing and 3 Services) that have equal weights. It measures business sentiment among MSEs during the ‘Survey Quarter’ (SQ, or January-March 2018) and the ‘Next Quarter’ (NQ, or April-June 2018) on a scale of 0 (extremely negative) to 200 (extremely positive).

As in the First Survey, the Second Survey also gathered parametric feedback from 1,100 MSE respondents across India and sectors.

The CriSidEx score increased to 121 in SQ (January-March 2018) from 107 in October-December 2017, which validates the expectation of higher optimism made by the first quarterly survey.For April-June 2018 (called the next quarter, or NQ), expectations continue to be positive.

Within Manufacturing, Chemicals, Auto Components, and Engineering and Capital Goods-related MSEs reported strongly positive sentiment in SQ, while segments with a significant presence of unorganised enterprises such as leather & leather goods, and gems & jewellery were subdued.

MSEs in Auto Components, Chemicals, and Engineering and Capital Goods were the most optimistic about NQ.

The Services Sector also is largely optimistic. IT/ITeS, traders and health care providers had a healthy showing in SQ, but not so in logistics and construction/real estate-based MSEs. Traders, health care providers, and human resource services firms are expected to continue doing well in NQ.

Mr. Mohammad Mustafa, Chairman and Managing Director, SIDBI said that in terms of legal constitution, companies were marginally more positive than firms. Unorganised players, or micro enterprises with less than 10 employees, had a marginally larger share of respondents citing a subdued SQ.

Mr Ashu Suyash, Managing Director & CEO said that Overall, MSEs in manufacturing are slightly more optimistic than their services sector counterparts. In terms of order book, production and capacity utilisation, MSEs expect the situation to improve further in April-June 2018, and we see that corroborated in the feedback on hirings.

Unorganised MSEs also reported a slight improvement in performance. About 13% of them, with less than 10 employees, reported a bad SQ compared with 22% in October-December.

Meanwhile, lenders hold a neutral view for NQ, with 9 out of 10 saying the overall business situation will be satisfactory.

As many as 7 out of 10 lenders did not find any change in the situation of MSE non-performing assets (NPA) accounts in SQ and majority of lenders do not expect an increase in NPA accounts in NQ.

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