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Sunday, May 4, 2025

SMEDesk

Women’s Credit Monitoring Rises 42% in 2024

Women in India are actively strengthening their financial participation, with credit monitoring among female borrowers rising by 42 percent in 2024, according to a new report by NITI Aayog, in collaboration with TransUnion CIBIL and MicroSave Consulting (MSC). The...

IIT Madras, SPF Partner for Startup Policy Research

In a significant step towards fostering a research-backed, data-driven policy ecosystem for startups, the Indian Institute of Technology Madras (IIT Madras) has signed a Memorandum of Understanding (MoU) with the Startup Policy Forum (SPF). This collaboration aims to bridge...

India’s PLI Push Expands Tech Exports: Ashwini Vaishnaw

India is making major strides in electronics manufacturing, with the country now exporting high-end electronic components to global markets, Union Minister for Railways, Electronics, and IT Ashwini Vaishnaw said in a post on X (formerly Twitter). Highlighting the government’s push...

Organic Fertilizer Push to Boost Biogas by $2.6B

The Indian Biogas Association (IBA) has welcomed the government’s latest amendment to promote the use of organic fertilizers, estimating that the initiative could generate $2.6 billion in revenue for the biogas sector. The move is expected to enhance soil...

Noida Authority Launches E-Auction for Industrial Plots

The Noida Authority has launched an industrial plot allocation scheme through an e-auction system, aimed at strengthening the micro, small, and medium enterprises (MSME) sector. This initiative marks the first rollout under a new policy framework designed to streamline...

Advantage Assam 2.0: ₹1.22 Lakh Cr in Investments Secured

The Assam Cabinet has approved investment agreements worth over ₹1.22 lakh crore, paving the way for major projects to be formalized at the Advantage Assam 2.0 Infrastructure and Investment Summit in Guwahati on February 25-26. Strategic Investments for Economic Growth The...

SIDBI and Tata Capital Partner to Boost MSME Financing

The Small Industries Development Bank of India (SIDBI) has entered into a strategic partnership with Tata Capital Limited (TCL) to enhance credit accessibility for Micro, Small, and Medium Enterprises (MSMEs). This collaboration aims to bridge funding gaps and provide...

Madhya Pradesh Sets ₹100 Cr Fund to Double Startup Growth

Madhya Pradesh has set an ambitious goal to double its startup ecosystem to 10,000 enterprises within the next five years, MSME Minister Chaitanya Kumar Kashyap announced on February 25 at the Madhya Pradesh Global Investors Summit (MP GIS) 2025. New...

Govt Raises KCC Loan Limit to ₹5 Lakh in Budget 2025-26

The total loan amount disbursed under operative Kisan Credit Card (KCC) accounts has more than doubled in the last decade, rising from ₹4.26 lakh crore in March 2014 to ₹10.05 lakh crore in December 2024. This surge highlights improved...

RBI Plans to Scrap Foreclosure Fees for MSMEs, Borrowers

The Reserve Bank of India (RBI) has proposed a significant policy shift that would eliminate foreclosure charges on floating-rate loans for individual borrowers and Micro, Small, and Medium Enterprises (MSMEs). This move aims to create a more borrower-friendly lending...

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GAME and NITI Aayog Launch Local Entrepreneurship Pilots

Global Alliance for Mass Entrepreneurship (GAME) and NITI Aayog have announced a strategic partnership focused on building vibrant entrepreneurship...
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