Background The Ministry of Micro, Small and Medium Enterprises (MSME), Government of India (GoI) has adopted the Cluster Development approach as a key strategy for enhancing the productivity and competitiveness as well as capacity building…
Procedure for approval Create a SPV (Section 8 Company)Prepare a Detailed Project Report (DPR) Activities to be done by clusters Common Facility Centers (CFCs)Infrastructure DevelopmentMarketing Hubs / Exhibition Centres by AssociationsThematic InterventionsSupport to State Innovative…
One of the key initiatives of Modi Government is Ayushman Bharat. Under the scheme, government has given health insurance cover worth Rs. 5,00,000/- to 10 crore families of the country. But the true beauty of…
Have knowledge about legal / regulatory requirements or hire a good consultant for the same. (Specific laws – Companies Act 2013 + Foreign Exchange Management Act, 1999 [FEMA]) Decide the purpose (Manufacturing activities can’t be…
FNC Application for Establishment of Branch/Liaison Office in India A. General Instructions to Applicants: The application form shall be completed and submitted to the AD Category – I bank designated by the applicant for onward…
The Applications are to be made in form FNC and are considered by the RBI under two routes determined by the degree of Foreign Direct Investment (FDI): The Reserve Bank Route: taken when the principle…
Micro, Small and Medium Enterprises (MSME) are classified in two Classes under Micro, Small & Medium Enterprises Development (MSMED) Act, 2006: Manufacturing Enterprises The enterprises engaged in the manufacture or production of goods pertaining to…