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On the recommendations of the Second National Commission on Labour (2002), the Central Government proposed to replace 29 existing Labour Laws with four Codes to simplify and modernize labour regulation. The new Labour Code aim to facilitate employment growth while protecting workers’ rights. The Labour Codes which were passed in both the Houses of the […]

Impact of Budget 2021-22 on MSME Sector Micro, small and medium enterprises (MSMEs) are a key contributor to the growth of Indian economy and the commitment of our government to strengthen and revive the sector has been a highlight of Union Budget 2021. Allocation of ₹15,700 crore for the financial year 2021-22 to MSMEs as […]

SFURTI scheme for MSMEs MSME Ministry is actively launching schemes to take MSMEs to their next level of performance and scale. The efforts are reaping results as a lot of MSMEs are being benefitted by these schemes. One such scheme is SFURTI i.e. Scheme of Fund for Regeneration of Traditional Industries. This scheme intends to […]

Continuing from my previous article (Click to read Link below) … Design Thinking is such a transformational force that cultures innovative thinking skills thus making products, services, and experiences more relevant and solutions more productive. To be an innovator and gain a competitive advantage, SMEs require cutting-edge creative practices embed into their business processes and […]

Background Design Thinking may seem like a heavy term used by MNCs and advantaged by companies having deep pockets and may turn out to be awfully expensive affair to MSMEs. If you think like this, you have a respite… this is not always true! Design thinking can help, forward looking and progressive, MSMEs a great […]