Saturday, 03 December 2022



LATEST NEWS Punjab Police's AGTF Arrests Lawrence Bishnoi Gang Member From Dhakoli; Recovers 20 Pistols, Innova Car Chief Secretary Vijay Kumar Janjua Directs To Focus On The Coverage Of Children Under Aadhaar Now, Horticulture Experts Just A Call Away Punjab Police Foil Major Heroin Smuggling Bid Through Indo-Pak Border; 5.6 Kg Heroin, Hexacopter Drone Recovered We want to build the biggest league outside India : Graeme Smith Litton Kumer Das to lead Bangladesh in upcoming ODI series against India Suryakumar Yadav will someday win a World Cup for Team India : Brett Lee Free yoga classes to continue at all costs, announces Arvind Kejriwal WhatsApp rolls out disappearing messages shortcut on Android beta National Conference on Innovative Trends in Engineering Technology concludes at GCET Jammu DC Ramban Mussarat Islam reviews progress of work on NH-44 Four laning project Committee on Land Use approves 12 cases in Doda Modern Youth Innovation Centre coming up in Ghat soon DDC Chairman Dhananter Singh Kotwal launches work of JJM Water Supply Scheme at village Rainda DDC Rajouri Vikas Kundal reviews performance of PMGSY MVD, Health Department organise free medical camp for operators of commercial vehicles NCSC Chairman Vijay Sampla asks Cochin Port authority and Cochin Shipyard limited to redress issues of SC employees Every unemployed youth will get job, contractual employees to be regularised in Gujarat : Bhagwant Mann Harbhajan Singh ETO directs officials of PWD to speed up the ongoing development works Governor Rajendra Vishwanath Arlekar inaugurates National Conference on Digital Crime and Forensic Science Director Agriculture Chowdhury Mohammad Iqbal reviews working scenario of Agriculture Law Enforcement Agency


MSME ministry to suggest Rs 2 lakh withdrawal limit for small units

Web Admin

Web Admin

5 Dariya News

New Delhi , 06 Dec 2016

In a bid to help the micro, small and medium enterprises (MSME) sector, Minister of State Haribhai Parathibhai Chaudhary on Tuesday said the ministry will soon send a proposal to the Finance Minister and the Prime Minister to increase withdrawal limit to Rs 2 lakh per week for the industry stakeholders."We will have a discussion in Parliament. We are having talks with MSME associations and the suggestions that we have received -- such as increasing withdrawal limit from Rs 50,000 to Rs 2 lakh and removal of penalties and interest -- will be put before the Finance Minister and the Prime Minister. We will do what we can," Chaudhary said on the sidelines of the Assocham National Summit on E-Commerce for MSMEs.At the same time, addressing at the seminar he stressed, "We need to be a cashless economy, to be the best in the world." "Demonetisation," he said, "will help to control the fiscal deficit," 

The minister said the repayment of loans by farmers is about 92 per cent, which is much higher than big-value business loans."Encourage MSMEs to initiate skill development for rail and defence manufacturing," Chaudhary said.The minister said the government is witnessing a new trend with many MSMEs taking the e-commerce route to establish themselves in the Indian market."We are using internet not only as a marketing tool but also as a tool to enable them (MSMEs) to understand if a unique product has high demand in the market," the minister was quoted in a statement as saying."Indian MSMEs are looking at e-commerce as an innovative tool to build fresh business models," he added.Chaudhary said that by adopting e-commerce, MSMEs will achieve significant advantages, such as increased revenues and margins, improved market reach, access to new markets, cost savings in marketing and communication spend, customer acquisition and improved customer experience.


Tags: Haribhai Parthibhai Chaudhary



related news




Photo Gallery



Video Gallery



5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD