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State lays out plan to help MSMEs


State lays out plan to help MSMEs
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Validity of statutory licences will be extended till December
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Validity of statutory licences will be extended till December
Tamil Nadu Chief Minister M.K. Stalin on Tuesday announced a few measures to help the micro, small and medium enterprises overcome some of the challenges posed by the lockdown.
“At the meeting, the industrial sector raised certain concerns. The Chief Minister was sympathetic towards the concerns, and has announced these measures,” MSME Secretary Mangat Ram Sharma told
The Hindu.
He said the State government would immediately release 60% (₹168 crore) of the ₹280 crore sanctioned for granting capital subsidies to these units this fiscal. All eligible units would get the capital subsidy. The government extended the timeline for registration of the memorandum of deposit without penalty till December to help these units get bank loans. The window was ear ....

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High employee costs prompt Coal India to keep off new mines


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Coal India in the past has been criticised for operational inefficiency, mainly due to high employee costs.
NEW DELHI: Coal India will not start new coal mines that require handing out large-scale employment against land acquisition and will invest Rs 1.26 lakh crore on technology upgradation by March 2024 to improve efficiency as it braces for private competition.
Coal India chairman Pramod Agrawal said he also plans to more than halve the company’s employee strength to about 100,000 from 265,000 now over the next 6-7 years and close down mines that
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Pramod Agrawal , Coal India , Technology Upgradation , Private Competition , நிலக்கரி இந்தியா , தொழில்நுட்பம் மேம்படுத்தல் , ப்ரைவேட் போட்டி ,

The Worldwide Military Embedded Systems Industry is Projected to Reach $2.1 Billion by 2025


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ResearchAndMarkets.com s offering.
The military embedded systems market size is projected to grow from USD 1.4 billion in 2020 to USD 2.1 billion by 2025, at a CAGR of 8.3% from 2020 to 2025.
Various improvements in integrated circuits and processor technologies have led to a decline in the overall hardware costs associated with embedded systems. Adoption of modern blade servers is growing, especially in network-centric military applications. Military electronic equipment has undergone tremendous advancements during the past few years. Some of the key requirements in electronic devices and systems used for military applications include high reliability, efficiency, and compact size. Due to these requirements, market players put enormous efforts into developing technologically advanced embedded systems. ....

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