MSME minister Giriraj Singh, who was present at the event, expressed confidence that the two countries will work together in various areas like manufacturing and technology to drive growth in the SME sector.
Tea Board has so far collected the records of 88000 small tea growers from Assam alone and more than 1 Lakh for the entire North East and provided nearly 75000 ID cards to the small tea growers.
As per a PricewaterhouseCoopers study, there are about 12 million mom-and-pop stores. These kirana stores constitute more than 90% of FMCG grocery sales.
With 70% of healthcare in the country being under the private sector, it is imperative for insurers to seek commercially viable plans, which is often not the case with the informal MSMEs.
Under the draft Small Factories (Regulation of Employment and Conditions of Services) Bill, 2014, all factories employing less than 40 workers were to be brought under a common regulatory regime to exempt them from 14 central labour laws.
According to Bengaluru-based integrated solutions provider Instamojo, Facebook and YouTube drive the highest traffic at 60 per cent and 20 per cent respectively, followed by Instagram (7 per cent) and Blogger (5 per cent).
Bengal accounted for 11.62 per cent of micro, small and medium enterprises, the most among the top 10 states of the country, a senior state MSME official said.
Unlike most countries, the budget is usually an eventful affair in India and is a heated topic of national conversation around the time of its release.
He informed that in 2016- 17, Rs 16.9 thousand crore worth of loans were distributed and in 2017-18 so far, this figure stood at Rs 8.8 thousand crore.
Late last year, business reporters from across the world were invited to Shanghai -- China's largest city -- to witness the people of the most populous country in the world shop relentlessly for 24 hours.
Industry sources said that post GST reforms, states have been slow on spending on micro irrigation, but were confident that the funds would be utilised in the coming quarter.
With Digital India initiative driving service providers to offer affordable plans for broadband services and mobile telephony, the mobile internet users in India was expected to reach 420 million by June 2017 itself. While India continues to bridge the digital divide in the country, an IAMAI survey in 2017 indicates mobile internet users in rural India continued to grow at much faster pace than in urban India. A report issued by CISCO in 2017 indicates Indias internet users would double by 2021.Digital movement is expected to take Indias internet users from 373 million in 2016 to 829 million by 2021.