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Tuesday, February 25, 2025

Finance

KVIC’s Big Thrust to Boost Local Employment

As many as 150 trained Khadi artisans including 100 women artisans in Assam and Arunachal Pradesh are associated with various self-employment activities of Khadi and Village Industries Commission (KVIC). KVIC Chairman Vinai Kumar Saxena distributed turn wood craft machines...

Narayan Rane to achieve the targets of MSME

Union Minister for MSME Narayan Rane has called upon the field officers to achieve the targets of growth of MSME in their respective areas within the stipulated period. Addressing the  National conference of MSME- Development Institutes, Testing Centres and...

Why is SaaS the sunrise sector for this decade?

An Introduction to Software-as-a-Service The main reason why SaaS is the future is that it's a business model that determines the way applications will be delivered to customers. Cloud software and Software as a Service (SaaS) have near-zero marginal...

Tech-based Solutions are Transforming MSME

We often come across technical terms such as Internet of Things, data analytics, cloud, Software as a Service, Automation, and the list continues. Also, we hear about Medium, Small, and Micro enterprises in India (MSMEs) and how they contribute...

SROs Imperative for Indian MSME Sector

India has been actively involved in businesses, trade, and forming association since as early as Indus Valley Civilization. And guess what, the ancient Indian merchants formed guilds (Shrenis) to regulate businesses and trade. These guilds not only focused on...

Self Employment Under PMEGP by Indian States

Khadi and Village Industries Commission (KVIC) has just scripted the golden chapter of industrial growth and self-employment boom in Jammu & Kashmir (J&K). In the year 2021-22, KVIC, in J&K, has established the highest number of manufacturing and service...

Aatmanirbhar in MSME Sector gets a boost

The Government has taken several initiatives under the Aatmanirbhar in MSME sector to mitigate the negative impact of Covid-19 on small businesses, including MSMEs, in the country. Some of them are:   Rs. 20,000 crore Subordinate Debt for stressed...

Agriculture and Tourism-Based Industries under MSMEs

As per existing guidelines, some of the activities under agriculture and tourism based enterprises are already covered in the ambit of MSME sector. Activities under these two categories, for which Udyam Registration (UR) is allowed, are given in the...

Khadi Textile gets a boost from MSME ministry

With a view to promote khadi textile and modernize the Khadi Industry, Ministry of MSME, through Khadi & Village Industries Commission (KVIC) has over the years taken various initiatives through various Technological Institutions of national repute and already disseminated...

Credit Guarantee Scheme for Subordinate Debt extended upto 31.03.2023

The government announced creation of ‘Distressed Assets Fund- - Subordinate Debt for Stressed MSMEs’ on 13th May 2020, under the Aatma Nirbhar Bharat Package. Accordingly, a scheme viz Credit Guarantee Scheme for Subordinate Debt’ was approved by the Government on...

Latest News

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...