#HarKaamDeshKeNaam The Defence Testing Infrastructure required for realisation of #AtmaNirbharBharat in #Defence sector, got a major boost with inauguration of the upgraded Naval Environmental Test Facility (NETF) by Vice Admiral MS Pawar, #DCNS on 04 February 2021. While common test facilities for climatic and dynamic testing of military equipment are available in public and private sector, a critical gap existed in the country with regard to qualifying the equipment for turbulence experienced by ships and submarines at higher sea states which induce platform motion in six degrees of freedom – Roll, Pitch, Yaw, Heave, Surge and Sway. This capability gap has been overcome by the Chief Quality Assurance Establishment (Warship Equipment) Bengaluru, with major augmentation of its infrastructure, which includes a first-of-its-kind, indigenously developed Ship Motion Test Platform (SMTP). The SMTP has been indigenously designed and developed to meet qualification requirements for ship motion in extreme marine conditions up to Sea State 7. The upgraded NETF also includes a number of other state-of-the-art test facilities such as High Ramp Rate Thermal Cycling Chamber for accelerated climatic testing, Mould Growth Test Chamber and Dust/ Salt/ Tilt/ Drop/ Immersion test facilities for military equipment. Vice Admiral MS Pawar appreciated the efforts put in by Naval #QualityAssurance QA team in augmentation of the test facilities and adoption of global best practices in QA domain. All test facilities at NETF, Bengaluru are open for use by the Defence and #Aerospace industry, including #MSME and #StartUp firms.

Defence Acquisition Council (#DAC)clears procurement of 14 items worth over Rs 380 crore from iDEX startups/MSMEs for Armed Forces

#Startups #MSME #Defence #aatmanirbharbharat

Russia-Ukraine War: Centre Extends Discounts For #MSME Sector Amidst Soaring Steel Prices

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CredAble has disbursed $3 billion to cash-strapped businesses, during FY 2021-22. This includes large and mid, emerging corporates; vendors and dealers of large enterprises; #MSME

CredAble is an NBFC which provides working capital and related liquidity programs to supply chains using its trade finance and technology expertise.

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#RBI has issued draft guidelines on ‘Processing and Settlement of small value Export and Import related payments’ facilitated by Online Export-Import Facilitators (OEIF) (erstwhile OPGSP).

On import transactions, the central bank has proposed that the facility shall be available for online import of goods and digital products of value not exceeding USD 3,000. In case of exports, the limit has been proposed at USD 15,000.

Important step towards ease of doing business for #MSME #textile #exports. With development in ecosystem of logistics this shall open global markets and opportunities for small players like never before.

#Reforms

https://tinyurl.com/y8d2npjk

We are also reducing the customs duty on raw materials & intermediaries for plastic products where our import dependence is high. This will result in reduction of cost of final products. #MSME #Plastic #Customs

Similarly we are calibrating customs duty on raw materials & intermediaries for iron & steel to reduce their prices. Import duty on some raw materials of steel will be reduced. Export duty on some steel products will be levied. #MSME #Export

Measures are being taken up to improve the availability of #Cement and through better logistics to reduce the cost of cement, says FM Nirmala Sitharaman