Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2014-07-07

Kalraj Mishra hopes favourable policies for MSMEs in Budget 2014

Micro, Small & Medium Enterprises Minister Kalraj Mishra hopes that the sector would be accorded priority through favourable policies in the upcoming Budget.

Micro, Small & Medium Enterprises Minister Kalraj Mishra hopes that the sector would be accorded priority through favourable policies in the upcoming Budget.


The MSME sector contributes around 9 per cent to India's GDP. It accounts for as much as 30 per cent of the country's total exports and 45 per cent of its manufacturing output.
 

Finance Minister Arun Jaitley will present the General Budget on July 10.

Earlier, Mishra had said that the government was working on simplifying processes to facilitate MSME entrepreneurs and a separate policy for this sector was on the anvil.

The MSME Ministry has also been seeking a single-window clearance mechanism along with setting specific timeframes for grant of loans, easier labour laws and simplification of processes as a part of roadmap to revitalise the sector.

Related opportunities
  • Online learning/E-learning
    Want to be an entrepreneur in fastest growing e-Learning model..
    Locations looking for expansion Uttar Pardesh
    Establishment year 2009
    Franchising Launch Date 2012
    Investment size Rs. 50 K - 2lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Varanasi Uttar Pardesh
  • Laundry & Dry Cleaning
    About:Started in Gujarat’s cultural city Vadodara, The laundry House (TLH)..
    Locations looking for expansion Gujarat
    Establishment year 1994
    Franchising Launch Date 2017
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 150 - 1500 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
  • Ice creams & Yogurt Parlors
    About Ice Cream WorksIce Cream Works by Ice Cream Centre,..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 50 - 250 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • “Be a part of ever growing spa industry with Spa..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required 1000 - 5000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ratlam Madhya Pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities