Businesses of roughly 300,000 firms paying goods and services tax (GST) were likely impacted on Monday, as the government had blocked e-way bill generation for non-compliant assessees.
NEW DELHI: Micro, small and medium enterprises (MSMEs) have created 11 crore jobs and the target is to generate an additional 5 crore employment opportunities by 2024, Union Minister Nitin Gadkari said in the Rajya Sabha on Monday.
As many as 3.5 lakh GST payers may see their e-way bill facility get blocked from today.
Hopeful of India turning a $5-trillion economy by 2024, home minister Amit Shah last week said the last five years were dedicated to detoxifying the economy and in the next five, a series of reforms will be implemented to make the country one of the most powerful economies in the world.
Micro, Small and Medium Enterprises contribute over 29 percent of GDP and over 49 percent of Indian exports, MSME Minister Nitin Gadkari said on Monday.
The South India Textile Research Association (SITRA), Coimbatore, with more than 6 decades of research expertise, has developed a breakthrough technology for greener reduction of indigo dye during dyeing process labelled as GRIN – Green Reduction of Indigo Dye.