The One District One Product (ODOP) scheme is transforming the lives of artisans and traders in Uttar Pradesh. This initiative is not only benefiting handicraft traders but is also fostering creativity among local artisans. The scheme has been instrumental...
Kerala’s MSME sector has made a big leap by adding over one lakh ventures for the second consecutive year in 2023-24. This takes the total number of newly set up units to 2,40,396 since the launch of the Year...
Under the visionary leadership of Union Minister of MSME, Narayan Rane, the 16th Governing Council and 15th Annual General Meeting of the National Institute for MSME (Ni-MSME) convened in New Delhi, marking a significant milestone in the sector's development.
Launch...
In a significant step to support micro, small, and medium enterprises (MSMEs), the Uttar Pradesh government has decided to roll back land conversion charges for industrial activities on agricultural land. This move is expected to provide relief to thousands...
Micro, small, and medium enterprises (MSMEs) constitute a vital component of India's economic framework, contributing significantly to employment and GDP. However, despite their importance, only a fraction of enterprises are actively engaged in MSME exports, presenting a considerable untapped...
Madhabi Puri Buch, the head of the Securities and Exchange Board of India (SEBI), recently highlighted concerns over potential irregularities observed within the Small and Medium Enterprises (SME) segment. During a public event, Buch acknowledged the presence of certain...
The Finance Ministry is deliberating a potential deferment of an MSME payment Rule 43B (h) under the Income Tax Act, which mandates payments to MSMEs within 45 days. This amendment, introduced via the Finance Act of 2023, aims to...
Union Minister for MSME, Narayan Rane, lauded the remarkable surge in women entrepreneurship within the MSME sector during the 9th Shakti International Women Entrepreneurs Summit held in New Delhi. With over 1.40 crore MSMEs now led by women, Rane...
The Economic Survey 2022-23, prepared by a team of esteemed economists led by Chief Economic Adviser Anantha Nageswaran, serves as a comprehensive report analyzing India's economic developments over the past year and offering insightful projections for the upcoming fiscal...
In a recent Knowledge Session focusing on Raising Equity through SME IPO, CA Sumeet Mehta, CEO of Paradigm Advisors, encouraged small and medium enterprises (SMEs) to harness the prevailing surge in the primary IPO market to alleviate their capital...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
