SME Times is powered by   
Search News
Just in:   • Corporate India cuts gifting budget by 35-40 pc this Diwali  • Sell-off in banking stocks drag equity indices lower  • Reformative measures like GST will improve economy: Naidu  • Maruti's Dzire achieves 'fastest 1-lakh sales' mark  • Goodricke Group acquires Godfrey Phillips' tea business 
Last updated: 25 Aug, 2017  

msme-THMB-2010.jpg 4th India International MSME & StartUp Expo begins in New Delhi

s20170824112439.jpg
   Top Stories
» Corporate India cuts gifting budget by 35-40 pc this Diwali
» Reformative measures like GST will improve economy: Naidu
» North East Small Finance Bank commences operations: RBI
» Dhanteras witnesses good sale; No impact of note ban, GST
» PCs, gadgets shipment to exceed 2.35 bn in 2018
Saurabh Gupta | 25 Aug, 2017
The Minister of State for Development of North Eastern Region (I/C), Prime Minister's Office, Personnel, Public Grievances & Pensions, Atomic Energy and Space, Dr. Jitendra Singh has inaugurated the 3-day 4th "India International MSME and StartUp Expo 2017", in New Delhi on Thursday.

While addressing the gathering, Dr Singh has called for indigenous "StartUp" initiatives.

Dr Singh said, "Prime Minister Shri Narendra Modi's "StartUp" initiative has the capacity to open new avenues of employability. At the same time, one can also serve the rich cultural and traditional heritage of India if we focus on "StartUp" ventures through indigenous resources and means."

Citing example, he said, for instance, the pieces of artisan excellence prepared by some of the creators which are on display in the exhibition stall, were completed after several months of labour but could fetch very little on sale because of lack of value addition and partly lack of awareness.

"Other aspect of concern is that such streams of art were being kept alive by certain "Gharanas" or "Khandaans" but with the next generation youth opting for hi-tech professions, there is nobody to carry forward this original indigenous vocation," he added.

Dr Jitendra Singh stated that just as in Northeast, the Ministry of DoNER has taken the initiative of offering "Venture Capital Fund" to any young "StartUp" who wishes to set up a unit in one of the North-Eastern States, similarly the respective State Governments could also come forward with certain specific and exclusive incentives for youngsters who undertake "StartUp" initiatives in the field or discipline which traditionally identifies with the culture and heritage of that particular State.

Uttar Pradesh Industry Minister Satish Mahana and Chairman MMTC (Mineral & Metal Trade Corporation) Rajnish Goenka also spoke on the occasion.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
65.95
64.30
UK Pound
87.75
84.85
Euro
77.85
75.20
Japanese Yen 58.75 56.80
As on 19 Oct, 2017
  Daily Poll
Small traders even below the threshold limit too should register under GST system?
 Yes
 No
 Can't Say
  Commented Stories
» Starting an import export business: Basic guide for beginners(20)
» GST revamp: Relief to exporters, SMEs(13)
» Exposed: Banks behind unfairly high cost of credit(3)
» 'GST relaxations advanced Diwali celebrations'(1)
» 'Students should apply for interest subsidy on education loans'(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter