NEWS for the Micro, Small and Medium Enterprises: MSME Ministry is expected to ready an in-depth plan to revitalize the countrys MSME within six months time, a sector that contributes almost 38 % to the countrys GDP and over 42 % to its overall exports. THIS PORTAL is specially launched for the Small Business smejoinup/ The Ministry is in the process of preparing a comprehensive development strategy for the sector in consultation with all stake-holders. This is expected to be ready within a period of 6 months, To further promote SMEs, Jaitley said an entrepreneur friendly legal bankruptcy framework will be developed for SMEs to enable easy exit. Moreover, he said, a nationwide District level Incubation and Accelerator Programme would be taken up for incubation of new ideas and providing necessary support for accelerating entrepreneurship. #Entrepreneur #SME #Business #India #NewDelhi #MSME #Pune #Mumbai
Posted on: Thu, 24 Jul 2014 04:46:04 +0000