While the Opposition has been attacking the Modi government for destroying numerous jobs in the micro, small and medium enterprises (MSME) sector post demonetization, figures show that 4-5 lakh jobs have been added annually for the past three years.
Promotion of micro, small and medium enterprises (MSMEs) will be the focus at the Progressive Punjab Investors’ Summit-2019 in Mohali on December 5-6 in line with its theme ‘building partnership for inclusive growth—MSMEs in the Global Value Chain’. A senior state official said about 18 cash awards would be presented at the event in nine categories.
Ease of Doing Business for MSMEs: Udyog Aadhaar scheme launched in September 2015 for MSME registration has so far brought more than 80 lakh MSMEs under the fold of government schemes, subsidies, easy loans etc.
Consumption of clothing, footwear and household textiles in the European Union (EU) annually uses 1.3 tonnes of raw materials and over 100 cubic metres of water per person, says the European Environment Agency (EEA).
The ever-increasing pace of change experienced throughout the textile industry has compelled companies in virtually every sector to craft various approaches to harness these changes and maybe more importantly to take advantage of them.
Last week, the Senate charged the Federal Government to ban importation of textiles into the country for a period of five years to encourage local production just as Taiwo Hassan looks at the impact of Central Bank of Nigeria (CBN)’s N100 billion intervention on the project.