DOWNLOAD OUR APP
IndiaOnline playstore
09:57 AM | Fri, 01 Jul 2016

Download Our Mobile App

Download Font

Government to ease norms for start-up MSMEs

111 Days ago

Msme-110316

New Delhi:  Aiming to create a conducive environment for start-up Micro, Small and Medium Enterprises (MSMEs), the government has decided to relax certain norms, an official statement said here on Friday.

The relaxation will help the start-ups to take part in the mandatory 20 percent public procurement from MSMEs, the statement said.

"According to the decision, if the MSMEs can deliver the goods and services as per prescribed technical and quality specifications, the norms on prior experience and prior turnover will be relaxed for them," it added.

The MSME ministry has decided to conduct awareness campaigns to ensure better implementation of quality standards in the MSME sector.

"Hundred awareness campaigns will be organised in the states across the country through MSME-Development Institutes and other expert organisations in the next financial year. Four metro level workshops at Delhi, Chennai, Mumbai, Kolkata and one National Level Workshop at Delhi will be organised in the next financial year," the statement added.
(IANS)

Viewed 107 times
  • SHARE THIS
  • TWEET THIS
  • SHARE THIS
  • E-mail
You might also want to read

Our Media Partners

app banner

Download India's No.1 FREE All-in-1 App

Daily News, Weather Updates, Local City Search, All India Travel Guide, Games, Jokes & lots more - All-in-1