The centre's decision to give permission to100% FDI for single brand retail is a cause of worry for small and medium enterprises (SME) sector. The Government of India has permitted 100% FDI in retail recently and has notified that wholly owned global brands will have to source 30% of their needs from domestic, small and cottage industries.

Federation of Indian Micro, ...

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Escalating cost of power has put small and medium enterprises (SME) of Punjab in a bind. The state government proposes to impose a cross-subsidy over open access. The small scale industry gets power from outside the state at a tariff rate that is much lower than the prevailing power tariff in the state.

Power tariff payable by industries in Punjab ...

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Bank of India has decided to increase its credit services for the benefit of small businesses. Prem Kumar, the general manager said in Ranchi that the bank is going to process loans within a set time frame. This is going to benefit businesses immensely.

Applications of credit proposals ranging between 1 crore and 10 crore shall ...

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A delegation of confederation of Indian micro, small and medium enterprise division has met officials of the Micro, Small and Medium Enterprises Ministry to highlight problems faced by SME sector . Ramesh Datla, the chairman of CII MSME Council says that a delegation urged the ministry to make it simple for the SME sector and to implement ...

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The Confederation of Indian Industry (CII) has stated that a 10 member delegation from small and medium enterprise (SME) sector will be visiting Japan soon. Japanese manufacturing companies will be on the panel of interaction with the delegation. The exchange of thoughts will be illuminating for both sides. It will also be the right moment to express India’s sorrow ...

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