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PM reiterates State keenness on supporting small, medium enterprises sis.gov.eg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sis.gov.eg Daily Mail and Mail on Sunday newspapers.
The Fiji Times » Government proactively addressing root causes of poverty – Akbar fijitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fijitimes.com Daily Mail and Mail on Sunday newspapers.
The support was provided, through KSrelief, in cooperation with the United Nations Development Program and the Small and Micro Enterprise Development Agency. The beneficiaries added that the project granted them financial assistance to cover the costs of their professional and commercial business.
THE House of Representatives has introduced amendments involving a total of P65.5 billion in the P5.024-trillion General Appropriations Bill for 2022, a leader of the lower chamber said on Thursday. House Committee on Appropriations Chairman Eric Yap said these amendments to House Bill 10153 or the 2022 GAB include P20…
Deputy Speaker Loren Legarda (File photo) MANILA - Deputy Speaker Loren Legarda on Monday sought additional funding for the Department of Social Welfare and Development (DSWD) for 2022 to support its Sustainable Livelihood Program (SLP) that will empower the country's vulnerable and marginalized communities. In a statement, Legarda said DSWD's budget for SLP should be increased to ensure that poor Filipino households, especially those transitioning under the Pantawid Pamilyang Pilipino Program (4Ps), would "eventually gain financial independence". The program increases the economic opportunities of poor Filipino households by equipping them with entrepreneurial and labor skills for self-sufficiency. It offers two tracks, namely: the microenterprise development track, which provides a maximum of PHP15,000 seed capital fund; and the employment facilitation track, providing a maximum of PHP5,000 per individual as assistance for processing of employment documents and to augment expenses for the first 15 days of employment. She said under the proposed budget of the agency, only PHP4.864 billion is allocated for SLP. "With this proposed allocation, only around 8 percent of the 4 million families who are 4Ps beneficiaries will be accommodated under the microenterprise development track," she said. Legarda committed that she will actively push and introduce amendments to augment the DSWD budget and ensure that it is aligned with the pandemic recovery. She said this would "help Filipinos cope with socio-economic challenges, reduce chronic poverty and promote human capital development in the country, especially amid the pandemic and the continuing climate crisis". Transitioning households under the 4Ps cover those whose level of well-being have improved and whose status have been upgraded to "non-poor." Nevertheless, these households remain vulnerable with little or no buffer against economic shocks. The SLP is meant to prevent them from reverting to poverty. The Micro-Enterprise Development track provides workshops, access to credit, and other support to start businesses. Meanwhile, the Employment Facilitation track, which offers technical-vocational training and pre-employment assistance services. (PNA) }
Smart Power India supports 2,412 micro firms with reliable electricity By IANS | Published on Tue, May 11 2021 20:03 IST | 5 Views Power demand. (File Photo: IANS) Image Source: IANS News New Delhi, May 11 : Smart Power India said that its Micro Enterprise Development (MED) programme has helped transform 2,412 commercial and micro entrepreneurs in rural India, across the states of UP, Bihar, Jharkhand as of April, through reliable electricity access. In a bid to create socio-economic opportunities for rural and micro entrepreneurs, Smart Power India (SPI)'s MED programme has helped rural communities harness electricity for productive uses, said a statement. This has thereby boosted greater demand for power and helped village level entrepreneurs to expand their existing businesses or develop new businesses.