Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2009-11-16

PM task force to consider MSME report on Nov 19

The Prime Minister’s task force will consider the recommendations, made by the sub-committee for the welfare of micro, small and medium enterprises (MSMEs), on November 19.

The Prime Minister’s (PM’s) task force will consider the recommendations, made by the sub-committee for the welfare of micro, small and medium enterprises (MSMEs), on November 19. The sub-committee was founded on September 25 by a panel headed by TKA Nair, PM’s principal secretary.

 

“The reports have been submitted to the task force. The panel will meet on November 19 to consider them,” MSME secretary Dinesh Rai said. The recommendations that have been made are that there should be an interest subsidy scheme, and reservation of industrial plots for the SME firms. The former recommendation holds significance as MSMEs often bleat about getting loans at 1-2 per cent higher interest rates than the prime lending rates of banks. It is studied that lack of finance is the major reason behind sickness of MSMEs in the country. According to the latest census, there are 2.61 crore MSMEs in the country, of which 14.5 per cent are sick.

 

Related opportunities
  • Bakery & Confectionary
    About:Started in 2014, Chocolate World is an exclusive dessert café..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 650 - 750 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Quick Service Restaurants
    Greetings from Rollacosta !!! ‘Rollacosta’ is brought to..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2012
    Investment size Rs. 10lac - 20lac
    Space required 80 to 500 sq feet
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • About Medlife:-Medlife is an innovative healthcare technology company based out..
    Locations looking for expansion Karnataka
    Establishment year 2014
    Franchising Launch Date 2017
    Investment size Rs. 10000 - 50 K
    Space required - 120 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • About:Rasoishop.com is a virtual Kitchen mega mall and one stop..
    Locations looking for expansion Gujarat
    Establishment year 2013
    Franchising Launch Date 2016
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Ahmedabad Gujarat
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