MSME

MSME

8.54 Lakh Cooperatives Can Now Procure Good And Services From Government E Marketplace

Opportunity India Desk Jun 02, 2022 - 6 min read

The Union Cabinet, chaired by Prime Minister Narendra Modi has given its approval for expanding the mandate of Government E Marketplace (GeM) to allow procurement by Cooperatives as buyers on GeM. The Government e Marketplace was launched on August 9, 2016 by the Ministry of Commerce and Industry, Government of India to create ...

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MSME

The Prime Minister Employment Generation Programme Scheme Extended Till 2026

Opportunity India Desk Jun 01, 2022 - 3 min read

The Government of India has announced the Prime Minister’s Employment Generation Programme (PMEGP) would be extended for a period of five years. This extension will be for the 15th Finance Commission Cycle starting from Financial Year 2021-22 and ending in Financial Year 2025-26 with a budget amount of INR 13,554.42 Cr. Further, the government also ...

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MSME

Priti International Reports A 54.5% Rise In Revenue To Rs. 5,725.43 Lakh In FY22

Opportunity India Desk May 30, 2022 - 2 min read

Home furniture company Priti International Limited has announced its results for the quarter and financial year ended March 2022. The Jodhpur headquartered lifestyle player has reported a 41.6 per cent rise in the net profit of Rs 437.5 lakh in the financial year 2021-22, compared to a bottom-line of Rs 309.02 ...

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MSME

What Is A Business Plan And Why Do You Need One?

Opportunity India Desk May 30, 2022 - 8 min read

Plan, a four letter word, is a crucial step for performing any task. From waking up in the morning, to going to bed at night, everything needs a plan. Even a small task like lighting a cigarette or writing a letter to someone needs some planning before you actually do that. Planning depends on how ...

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MSME

Indian Business Portal Launched To Encourage Start-ups, Small Businesses, Artisans and Farmers,

Opportunity India Desk May 30, 2022 - 5 min read

Anupriya Patel, Union Minister of State for Commerce and Industry recently launched the ‘Indian Business Portal’ for digitizing exports, supporting Micro Small and Medium Enterprises (MSMEs), and encouraging greater exports. This portal is said to be an international trade hub for Indian exporters and foreign buyers. Federation of Indian Export Organisations (FIEO) in ...

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New Guidelines Of Micro And Small Enterprises Cluster Development Programme

Opportunity India Desk May 30, 2022 - 8 min read

The Government of India (GoI) has approved revisions to the Guidelines of Micro and Small Enterprises Cluster Development Programme (MSE-CDP). The same are in supersession of the guidelines on 11 October 2019. Objectives Of Micro And Small Enterprises Cluster Development Programme a. To enhance the sustainability, competitiveness and growth of MSEs by addressing common ...

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MSME

We Have To Give Small Businesses Bigger Platforms And Better Opportunities To Grow: PM Modi

Opportunity India Desk May 27, 2022 - 7 min read

Narendra Modi, Prime Minister, Republic of India on 26 May 2022 addressed the 20th anniversary celebrations of Indian School of Business (ISB) and the graduation ceremony of its Post Graduate Programme Class of 2022 in Hyderabad.PM Modi said India always felt the need for reform but a lack of political willpower and political ...

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MSME

CITI Launches New Deposit Solutions To Support Clients Sustainability Agenda

Opportunity India Desk May 25, 2022 - 3 min read

Citi, the leading global bank, has announced the launch of new deposit solutions designed to assist clients in investing excess cash as part of their sustainability agenda.CITI tweeted, "We are delighted to be partnering with treasurers to explore new and innovative ways to support their sustainability objectives.” The two new deposits - ...

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Make In India Becoming The Core Of The Furniture Market

Opportunity India Desk May 24, 2022 - 3 min read

Last year, the Industry Ministry identified several potentially rich sectors, these industries acquired the potential to spread their wings and impact the economy of our country positively. 12 Champion sectors were identified, and the furniture industry is one such strong sector that can firmly stand by our country's Make in India agendas. Due to the ...

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MSME

LPU Fashion Design Students Presented Their Collections At Fashion Week 2022

Opportunity India Desk May 24, 2022 - 3 min read

Students at the School of Fashion Design of Lovely Professional University (LPU) excelled in the opportunity to present their designed clothes at the global ‘Delhi Times Fashion Week-2022.’ The event was held at Roseate House, saw India’s eminent designers including Ritu Beri, Charu Parashar, Mandira Wirk, Subarna Ray, Payal Jaiswal, Ali Ahmed and Ashima Leena ...

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