“Khadi spirit means the fellow-feeling with every human being on earth” – Mahatma Gandhi. Handspun and hand-woven, Khadi fabric became a tool to collectivize people and unify them at the behest of Mahatma Gandhi thousands of people formed collectives to...
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...
Are Indian MSMEs still relevant in India’s $5 trillion marathon?
Yes. In fact, Here are the key statistics that highlights the importance of MSMEs growth in the Indian economy:
As per Central Statistics Office, MoSPI; the share of the MSME...
The share of Micro, Small and Medium Enterprises (MSMEs) to exports to Russia and Ukraine during the last three years is as follows:
For more information also read: https://smeventure.com/what-the-indian-msme-sector-is-expecting-from-the-union-budget-2022-23/
Value in USD Million
India’s Export
2018-19
2019-20
2020-21
Value
Value
Value
Selected commodities (MSMEs) to Russia
1432.53
1819.41
1548.27
Total export to Russia
2389.62
3017.75
2655.84
%...
Ministry of MSME, through Khadi and Village Industries Commission (KVIC), has taken various new measures for the development of Khadi and Village Industries (KVI) and creation of more self- employment opportunities in the country. Details of such initiatives are...
Ministry of MSME, through Khadi and Village Industries Commission (KVIC), is implementing Prime Minister’s Employment Generation Programme (PMEGP) for generating employment in the country, including the rural areas, by setting up of micro-enterprises in the non-farm sector including Agro...
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...
The Ministry of MSME under International Cooperation Scheme organized International Mega-Summit on Plastic Recycling and Waste Management at New Delhi during 4-5 March, 2022. The 2-day Mega-Summit brought together distinguished National and International Speakers from the industry and academia to deliberate upon challenges...
On the request of Khadi and Village Industries Commission (KVIC), the Ministry of Commerce & Industry, Govt. of India, has amended the import policy of Agarbatti and placed it from “Free” trade to “Restricted” trade, w.e.f. 01.09.2019, to restrict...
Ministry of Electronics and Information and Technology (MeitY) has approved 16 eligible applicants under the PLI Scheme. Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing notified on 1st April, 2020, extends an incentive of 4% to 6%...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
