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New Delhi, The Centre is considering formulation of the National Textiles Policy in consultation with states, Union Minister Smriti Irani said on Thursday.

The share of micro, small and medium enterprises (MSMEs) in India’s gross domestic product during fiscals 2015-16, 2016-17 and 2017-18 was 29.5 per cent, 29.3 per cent and 29.7 per cent respectively, MSME minister Nitin Gadkari told parliament lower house citing data from the Central Statistics Office under the ministry of statistics and programme implementation.

Union Minister of Commerce & Industry Piyush Goyal on Friday said the Government has simplified the Patents regime for Start-ups, MSMEs among others to encourage innovation.

New Delhi: The Government e-Marketplace (GeM) has entered into a memorandum of Understanding (MoU) with the government of National Capital Territory (NCT) of Delhi to facilitate buyer organisations with market-based procurement.

CHENNAI: The Ministry of Defence plans to set up 6-8 product testing facilities to enable the micro, small and medium enterprises (MSME) to test their products for defence supplies, said a senior official here.

MUMBAI: Finance commission chairman N K Singh on Friday called for major changes in the GST structure, including reducing the cumbersome compliance procedures and also doing away with frequent rate changes, to improve collection.

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