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MSME cluster projects worth ₹59.83 crore approved for A.P.

Common Facility Centres planned at Jaggayyapet, Kakinada and Machavaram The National Steering Committee of the Micro and Small Enterprises-Cluster Development Programme (MSE-CDP) on Tuesday approved three Common Facility Centres (CFCs) and three infrastructure development projects worth ₹59.83 crore for Andhra Pradesh. The committee meeting, chaired by the Union Secretary, MSME, was attended by State Special Chief Secretary (Industry and Commerce) R. Karikal Valaven. Cost sharing The total project cost of the CFCs has been put at ₹37.59 crore, of which, the Centre will grant ₹30.07 crore. A CFC in gold ornament cluster has been proposed at Jaggayyapet in Krishna district, a similar centre in printing cluster at Kakinada in East Godavari district and the third one in pulses and pulses products cluster at Machavaram in East Godavari district. These project will go a long way in increasing productivity, employment and exports.

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Principal Secretary To LG Discusses Modalities To Boost Exports

Principal Secretary To LG Discusses Modalities To Boost Exports JAMMU: Principal Secretary to Lieutenant Governor, Nitishwar Kumar chaired a weekly meeting at Civil Secretariat here today to discuss modalities to boost exports. The high-level meeting was attended by Administrative Secretaries of Agriculture, Industries & Commerce, School Education, Higher Education, Civil Aviation, Mission Director Skill and Directors of various departments. Principal Secretary to LG, Nitishwar Kumar discusses modalities to boost exports In the meeting, the discussion was held regarding the restructuring of the existing Jammu & Kashmir Trade and Export Policy in line with the suggestions given by the Federation of Indian Export Organisations.

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5,000 clusters for artisans can be started under SFURTI scheme: Gadkari

Read more about 5,000 clusters for artisans can be started under SFURTI scheme: Gadkari on Business Standard. MSME Minister Nitin Gadkari on Monday said 5,000 clusters for artisans can be started under the SFURTI scheme by fast-tracking the approval processes and reducing red-tape.The ministry is implementing the Scheme of Fund for Regeneration of

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GJEPC Seeks Cut In Import Duties On Raw Materials To Strengthen Ongoing Revival

The Gem & Jewellery Export Promotion Council (GJEPC) has urged the Finance Minister to reduce import duties on diamonds and precious metals in the forthcoming Budget 2022 to be presented early next year.  The apex body of India’s gem and jewellery export industry said this was a key area that would help in strengthening the ongoing revival of exports from the sector.  In November, the industry showed strong signs of recovery after the negative impact of the pandemic-induced global lockdown in early to mid-2020.  Official figures indicate that gem and jewellery exports reached US$ 2.48 billion during the month, just 4% below the USS$ 2.58 billion exported in November 2019. 

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