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Saturday, June 13, 2026

SMEDesk

PFRDA Plans Pension Schemes for Gig and MSME Workers

The Pension Fund Regulatory and Development Authority (PFRDA) has announced plans to introduce new pension schemes aimed at expanding coverage among gig workers, MSMEs, Farmer Producer Organisations (FPOs), and Self-Help Groups (SHGs). The announcement was made by PFRDA Chairman...

AP Chambers Urges Release of MSME Incentives

The Andhra Pradesh Chambers of Commerce and Industry Federation (AP Chambers) has urged the state government to expedite the release of long-pending incentives owed to enterprises in the MSME and food processing sectors, which together form the foundation of...

VECV Invests ₹544 Crore in AMT Manufacturing Plant

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has announced an investment of ₹544 crore (approximately 576 million Swedish Krona) to establish a new factory dedicated to producing 12-speed Automated Manual Transmission (AMT) systems....

NITI Aayog Launches AI Roadmap for Informal Workers

The NITI Aayog has unveiled a landmark study titled AI for Inclusive Societal Development, which outlines a comprehensive roadmap to use artificial intelligence (AI) and frontier technologies to improve the lives and livelihoods of India’s 490 million informal workers....

MeitY Launches 5 Indigenous AgriTech Solutions

The Ministry of Electronics and Information Technology (MeitY) has announced the transfer and launch of five indigenous agri-electronic technologies aimed at transforming India’s agriculture sector through innovation, data, and automation. The initiative, unveiled by Shri S. Krishnan, Secretary, MeitY,...

PM Launches ₹60K Cr PM-SETU Scheme at ITI Convocation

Prime Minister Narendra Modi presided over the National Convocation Ceremony for Industrial Training Institutes (ITIs) at Vigyan Bhawan, where he launched two major initiatives aimed at modernising India’s skill development ecosystem. The key highlights included the unveiling of the...

EV Prices to Match Petrol Vehicles in 6 Months

Union Road Transport and Highways Minister Nitin Gadkari announced that electric vehicles (EV) in India may reach price parity with petrol vehicles within the next 4 to 6 months, marking a significant step forward in the country’s transition to...

Services PMI Holds Steady at 60.9 in September

India’s services sector continued its strong performance in September 2025, with the HSBC India Services Purchasing Managers’ Index (PMI) holding firm at 60.9, according to data released by S&P Global. While marginally lower than August’s figures, the PMI remains...

Tamil Nadu Ranks #2 in Small Business Credit with ₹4.21 Lakh Cr

Tamil Nadu has secured its position as the second-largest small business credit market in India, with a credit portfolio of ₹4.21 lakh crore as of June 30, 2025. This marks a 15.7% year-on-year growth, up from ₹3.64 lakh crore...

Public Procurement from MSEs Hits ₹1.38 Trillion in H1 FY26

Public procurement from micro and small enterprises (MSEs) in India has witnessed a remarkable surge in the first half of FY26, touching ₹1 trillion on the GeM portal and ₹38,000 crore via the MSME Sambandh platform. This accounts for...

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Reimagining HRTech: Sonali Chowdhry on Building Scalable, People-First Workforce Solutions

As organizations navigate rapid digital transformation, the need for intelligent, integrated, and people-centric HR systems has never been more...
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