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The Centre is working with State Bank of India to launch an E-portal on the lines of Amazon to facilitate Medium, Small and Micro Enterprises to sell their products, Transport & MSME Minister Nitin Gadkari said here on Wednesday. At present, Amazon.com generates a business of around Rs.70,000 crore annually for Indian MSMEs, which can be enhanced by a dedicated E-Portal to enable them complete with global brands, he said at a webinar organised by All India Association of Industries President Vijay Kalantri. Stating that the government aims to increase the share of MSME sector in total exports from the current 48 percent to 60 percent in the coming years, Gadkari said that this would go a long way in boosting the Atmanirbhar Bharat programme of Prime Minister Narendra Modi.
Centre plans E-portal to sell MSME products: Gadkari
By IANS |
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Wed, Jan 20 2021 18:51 IST |
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New Delhi: Union Minister for Road Transport and Highways, Nitin Gadkari inaugurated and laid foundation stones for 33 NH projects in Karnataka through video conferencing, from New Delhi on Dec 19, 2020. These projects include 1197 kms long roads wor. Image Source: IANS News
Mumbai, Jan. Jan 20 : The Centre is working with State Bank of India to launch an E-portal on the lines of Amazon to facilitate Medium, Small and Micro Enterprises to sell their products, Transport & MSME Minister Nitin Gadkari said here on Wednesday.
At present, Amazon.com generates a business of around Rs.70,000 crore annually for Indian MSMEs, which can be enhanced by a dedicated E-Portal to enable them complete with global brands, he said at a webinar organised by All India Association of Industries President Vijay Kalantri.
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A Press Club for women journalists would be set up in the state capital with accommodation facilities
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Thiruvananthapuram: The LDF government in poll-bound Kerala presented a welfare-oriented budget on Friday, hiking social welfare pensions, revising the salary of government employees, and giving relief for farmers. It also made hefty allocations for higher education, employment, and the digital economy.
Kerala’s financial institutions to be reorganised
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Council of State Financial Institutions to be set up with Chief Minister as chairperson
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Council of State Financial Institutions to be set up with Chief Minister as chairperson A Council of State Financial Institutions will be set up with the Chief Minister as the chairperson. The council will define the purpose of the loans for entrepreneurship development and will be responsible for the review of their progress, Finance Minister T.M. Thomas Isaac said in the Budget 2021-2022.
Reorganisation of financial institutions like Power Finance Corporation, Kerala Transport Development Finance Corporation, Tourism Finance Corporation, Kerala Urban and Rural Finance Development Corporation and other corporations like Women’s Development Corporation will also be undertaken through an expert committee.