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The New Foreign Trade Policy (2020-25) is likely to be in place with alternative schemes by the time some existing ones are withdrawn

 The Karnataka cabinet yesterday cleared the ‘New Textile & Garment Policy 2019-2024’ that aims to attract investments worth ₹10,000 crore, generate over five lakhs jobs and make the state a leading player in the sector, state minister for law and parliamentary affairs JC Madhuswamy announced.

Government e-Marketplace (GeM) has signed MoU with Indian Bank and Canara Bank to facilitate a cashless, paperless and transparent payment system on the portal and create an efficient procurement system for government entities.

ICICI Bank, in partnership with First Hive, a cross-channel marketing platform, has launched SME Empower, an online marketplace catering exclusively to small and medium enterprises. The marketplace is open to all SMEs, including non-ICICI Bank customers.

Indore, Nov 1 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSMEs) in collaboration with Devi Ahilya Vishwavidyalaya (DAVV) is planning to set up a training centre for students at Institute of Engineering and Technology (IET) by mid-week of November.

The Ministry of Skill Development and Entrepreneurship (MSDE) on Friday signed two major agreements, referred to as Joint Declaration of Intent (JDoI), along with Federal Ministry for Economic Cooperation and Development, Germany.

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