NSIC honcho H P Kumar hails Budget
6 March 2013 5:53 AM IST
The announcement in the Union Budget that small and medium enterprises (SMEs) can list in the SME exchanges without going for initial public offerings (IPOs) will benefit the SMEs to capitalise their companies without incurring expenditure on public offerings.
‘It’s a welcome step. By extending the benefits for another three years for a unit even after graduating from micro to small or small to medium, it will encourage entrepreneurs to grow and bring newer entrepreneurs in the fold,’ said NSIC Chairman and Managing Director (CMD) Dr H P Kumar.
Finance Minister P Chidambaram has announced a major initiative by setting up a Rs 1000 crore fund for an ambitious scheme and asking National Skill Development Corporation to set up a curriculum and standards for training in different skills.
This will encourage lakhs of youths and motivate them to go for skill-based programmes.
‘It’s a welcome step. By extending the benefits for another three years for a unit even after graduating from micro to small or small to medium, it will encourage entrepreneurs to grow and bring newer entrepreneurs in the fold,’ said NSIC Chairman and Managing Director (CMD) Dr H P Kumar.
Finance Minister P Chidambaram has announced a major initiative by setting up a Rs 1000 crore fund for an ambitious scheme and asking National Skill Development Corporation to set up a curriculum and standards for training in different skills.
This will encourage lakhs of youths and motivate them to go for skill-based programmes.
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