Government of India is currently focusing on becoming prime player in world trade by 2020. The commerce department has made it clear that the exports are expected to reach US$450-billion (bn) in the span of next three years from estimated US $225 bn in 2010-11. This is good news for the export industry that comprises of ...

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Textile and Apparel sector comprising of MSMEs has been adversely affected due to rise in price of cotton. Industry associations has raised concern and urged Government to revise the 5.5 million (mn) bales export quota for raw cotton. The Centre, however, has decided to retain status quo as far as raw cotton export goes.

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‘New Industrial and Investment Policy-2011’ of Haryana government gives state’s MSMEs a new life by embracing the cluster approach. The number of MSMEs in Haryana is estimated at 80,000. The MSMEs are victims of neglect and have been adversely affected by the slowdown.

The state government is assisting MSMEs to become ...

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A MoU has been signed for bringing collaboration in areas like education, research and extension services for MSMEs together with promotion of entrepreneurship in rural Nigeria. This is a five year MoU signed between Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) and the Ahmadabad-based International Centre for Entrepreneurship & Career Development (ICECD).

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A survey conducted by the CII, reveals prospects of increased domestic demand for SMEs in the October-December quarter. As there is growth in credit availability, the Business Confidence Index (BCI) has improved 1.4 points from that of last year and has reached 67 points on the 0-100 scale.

It is the surging prospects in domestic ...

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