MSMEs need not use IBC to recover dues

Taking the route the MSMED Act provides is faster, easier and can be enforced through decree One of the most talked of laws in recent years has been the introduction of the Insolvency and Bankruptcy Code, 2016, which has given stakeholders the power to take a defaulter (company/LLP) to the National Company Law Tribunal (NCLT) … Read more

Govt softens stance on time frame for transition to electric vehicles

The change in stance follows a strong opposition by automakers of the proposed government plan to ban two-wheelers (below 150cc) and three-wheelers by 2023 and 2025, respectively The government seems to have softened its stance on the time frame for transition to electric vehicles (EVs). The Ministry of Heavy Industries, the Ministry of Road Transport … Read more

India readies plan for $4 billion Tesla-scale battery storage plants

India will need 6 gigawatt-scale plants of 10GWh each by 2025 and 12 by 2030 Apart from EVs, such battery storages will cater to the consumer electronics industry and electricity grids, given the intermittent nature of electricity from clean energy sources New Delhi: India is putting the final shape on a plan to build at … Read more

All parameters of Chandrayaan-2 for landing rover in lunar south pole normal: ISRO

In a giant leap for the country’s ambitious low-cost space programme, ISRO’s most powerful three-stage rocket GSLV-MkIII-M1 had launched the spacecraft into the Earth’s orbit on July 22 from the spaceport in Andhra Pradesh’s Sriharikota. Spacecraft parameters of India’s second moon mission Chandrayaan-2 aimed at landing a rover on the unchartered Lunar South Pole are … Read more

देशात तारापूर सर्वाधिक प्रदूषणकारी; राष्ट्रीय हरित लवादाकडून यादी प्रसिद्ध

हरित लवादाने अनेक प्रदूषण करणाऱ्या उद्योगांना त्यांचे उत्पादन बंद करण्याचे वेळोवेळी आदेश दिले आहेत. देशामध्ये प्रदूषण करणाऱ्या औद्योगिक वसाहतीमध्ये (क्लस्टर) तारापूर अग्रक्रमावर असून राज्यातील इतर औद्योगिक परिसरांची पर्यावरण रक्षणाची कामगिरी तुलनात्मक समाधानकारक आहे. राष्ट्रीय हरित लवादाने प्रदूषण करणाऱ्या १०० प्रमुख औद्योगिक शहरांची यादी प्रसिद्ध केली असून त्यामध्ये राज्यातील चंद्रपूर, औरंगाबाद, डोंबिवली, नाशिक, नवी मुंबई, चेंबूर … Read more

India’s spatial development challenge needs attention

Will India’s growth remain concentrated in mega-cities or will it shift to secondary cities and small towns? For India, a faster pace of spatial development is vital to enable the country to take full advantage of its demographic dividend afforded by its young population. With 12 million people joining the country’s labour force every year, … Read more

गॅस वितरकांची मक्तेदारी टप्प्याटप्प्याने बंद करणार

नवी दिल्ली : देशात दिल्ली, मुंबईसह ३४ शहरांतील नैसर्गिक गॅस वितरकांच्या मक्तेदारीला केंद्र सरकार टप्प्याटप्प्याने बंद करणार आहे. येत्या सहा महिन्यांत सरकार असे नियम लागू करील की त्यामुळे ही मक्तेदारी कमी कमी होत जाईल. ग्राहकांना त्यांच्या पसंतीचा पुरवठादार (सप्लायर) या नियमांमुळे निवडता येईल, असे वरिष्ठ अधिकाऱ्याने सांगितले. २००९ मध्ये पेट्रोलियम अँड नॅचरल गॅस रेग्युलेटोरी बोर्डने … Read more

MSME Ministry: SFURTI regenerating traditional coir, bamboo, and cane industries through cluster approach

MSME Minister Nitin Gadkari told the Lok Sabha yesterday how the Scheme of Fund for Regeneration of Traditional Industries (SFURTI) is making traditional industries more productive and competitive. Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises (MSME), told the Lok Sabha in a written reply yesterday that the ministry is implementing Scheme of … Read more

Budget 2019: 80 business incubators, 20 technology incubators to be set up in 2019-20

In 2019-20, under Government’s flagship rural entrepreneurship focused ASPIRE Scheme ( A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship), 80 livelihood business incubators and 20 technology business incubators will be set up to produce 75,000 skilled entrepreneurs in agro-rural industries, announced the Finance Minister Nirmala Sitharaman while presenting the Union Budget 2019 in … Read more

Encouraging SMEs in international market: Ministry

Ministry of MSME is implementing Scheme of Fund for Regeneration of Traditional Industries (SFURTI) for making traditional industries more productive and competitive by organizing the traditional industries and artisans into clusters, said MSME ministry release on Thursday. The Scheme envisages providing need-based assistance for replacement of production equipment, setting up of common facility centres (CFC), … Read more