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State lays out plan to help MSMEs Updated: Updated: Validity of statutory licences will be extended till December Share Article 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 gov...

Synopsis 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 BY

Share this article Share this article 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 req...

Synopsis The Union Budget 2021-22 has earmarked an allocation of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises — more than double of the last year. iStock The biggest takeaway of this category has been the allocation earmarked to GECL facility to eligible MSME borrowers. For the Covid hit MSMEs, the key highlight of the Union budget 2021 remained a higher outlay to the sector. To accelerate the revival of the Covid- hit sector, Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the sector. The sector, touted to be the backbone of the na...