Govt cuts 80% PESO licence fee for woman entrepreneurs

New Delhi: Union Minister of Commerce and Industry, Piyush Goyal, has announced 80 per cent concession for women entrepreneurs and 50 per cent for MSMEs in fees for licences granted by the Petroleum and Explosives Safety Organisation (PESO), according to an official statement issued on Thursday. Accordingly, the Minister has directed PESO to formulate guidelines … Read more

Govt slashes licence fee for women entrepreneurs, MSMEs in petroleum & explosives ventures

New Delhi: Union Minister of Commerce and Industry, Piyush Goyal, has announced 80 per cent concession for women entrepreneurs and 50 per cent for MSMEs in fees for licences granted by the Petroleum and Explosives Safety Organisation (PESO), according to an official statement issued on Thursday. Accordingly, the Minister has directed PESO to formulate guidelines … Read more

MCA to roll out more high security statutory filing forms in July | Mint

New Delhi: The ministry of corporate affairs will shift more statutory filing forms to a web-based format with added security features from next month as part of the technology transformation of corporate filings, according to an update from the ministry. About 50 forms were already migrated to the new format last year. On 15 July, … Read more

Govt launches initiatives to boost online trading of MSMEs, credit access for women-led businesses | Mint

New Delhi: Union minister for MSME Jitan Ram Manjhi on Thursday launched two initiatives to boost micro and small businesses trade using e-commerce and to support women entrepreneurs on International MSME Day celebrations in the national capital. The minister launched an MSME Trade Enablement and Marketing (TEAM)’ initiative aimed at helping small businesses participate in … Read more

Govt working on export promotion fund for MSMEs | Mint

New Delhi: The Union government is considering setting up a fund to support exports by small businesses. A proposal for the fund may be placed in the upcoming Union budget by the finance ministry, two people aware of the development said, adding that the fund may have a corpus of around ₹5,000 crore. “The fund … Read more