[vc_row][vc_column][vc_column_text]The Central Government will constitute a high-level Committee to revamp the Employees Pension Scheme (EPS) and any gaps would be plugged according to a statement issued by Labour and Employment Minister Sri Bandaru Dattatreya in the Lok Sabha. In association with Employees' State Insurance Corporation (ESIC), the Government is going
Year: 2017
Cluster-Model to boost MSME Growth
[vc_row][vc_column][vc_column_text]To increase the bandwidth of Micro, small and medium enterprises (MSMEs) and make their future stable and sustainable, cluster approach can be a solution, say experts. Sector specific clusters can be developed in areas where certain industries are dominant. Peenya Industrial Area, South-East Asia's largest extension and Bengaluru which has been
WITH COMMISSIONER FOR INDUSTRIAL DEVELOPMENT To meet State MSME Target, develop Industrial Estates first: PIA
[vc_row][vc_column][vc_column_text]The State Government's plan to help set up 30,000 new Micro and Small Scale Enterprises every year can work only if it opens up new industrial estates which is also found to be most lacking in the State with nearly 94% of the industries operating in private estates, said Sri
PIA @ MEETING WITH SSI MINISTER Expedite much delayed Greater Peenya Project: PIA President
[vc_row][vc_column][vc_column_text]Team PIA led by President Sri R. Krishnamurthy and Office Bearers raised several issues of critical importance to entrepreneurs in Peenya at a meeting convened by Hon'ble Minister for SSI, Sri Ramesh L. Jarkiholi at Vidhana Soudha on August 22. “We forcefully represented some problems encountered by entrepreneurs in Peenya with
HON. SECRETARY’S REPORT – AUGUST 2017
[vc_row][vc_column width="3/4" offset="vc_col-lg-8" css=".vc_custom_1510394186472{margin-top: 90px !important;}"][vc_column_text] 03.08.2017 Sri. Ravindra Nath – CMD, NSIC, Sri. Ravikumar – Zonal GM, Sri.M.L.Prakash DGM, NSIC visited PIA met Office Bearers of PIA to discuss various schemes of NSIC for MSMEs. [/vc_column_text][/vc_column][vc_column width="1/4" offset="vc_col-lg-4"][vc_single_image image="2539" img_size="large" alignment="right" style="vc_box_shadow" onclick="link_image"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] 03.08.2017 PIA has organised a meeting with Mr. Sunit Sadasivan, Advocate, to
Boost to MSMEs: 350+ Items Reserved for Procurement by Railways
CBEC specifies Eligibility of LUT Conditions for supply of goods or services for Export
[vc_row][vc_column][vc_column_text]The Central Board of Excise and Customs (CBEC) has specified the conditions and safeguards for the registered person who intends to supply goods or services for export without payment of integrated tax, for furnishing a Letter of Undertaking in place of a Bond. CBEC said a status holder as specified in
FSSAI operationalizes Regulations relating to Standards for Non-carbonated Water based Beverages
[vc_row][vc_column][vc_column_text]The Food Safety and Standards Authority of India (FSSAI) has operationalized the Food Safety and Standards (Food Products Standards and Food Additives) Amendment Regulations, 2017 relating to standards for Non-carbonated Water Based Beverages (Non-Alcoholic) with effect from July 6, 2017. The draft regulations regarding the same were notified in October
For MSME Classification, Purchase value of Plant & Machinery is to be reckoned, not the Book value: RBI
[vc_row][vc_column][vc_column_text]The Ministry of MSME has clarified that for the investment in plant and machinery for the purpose of classification of an enterprise as Micro, Small or Medium, the purchase value of the plant and machinery is to be reckoned and not the book value (purchase value minus depreciation), the apex