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...
US-based leading fashion brand Patagonia Reaffirms Khadi has placed a repeat order for purchasing Khadi Denim fabric, which comes as a global appreciation of Khadi’s world class product quality and punctuality in fulfilling the supply order. In march this...
From the Himalayan highlands of Leh-Ladakh to the banks of River Ganges in Varanasi – the heritage handicraft of Pashmina has got a brand new identity. The premium Pashmina products prepared by the highly skilled Khadi weavers of Varanasi...
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...
Ministry of MSME, through Khadi and Village Industries Commission (KVIC), is implementing Prime Minister’s Employment Generation Programme (PMEGP) for generating self-employment opportunities in the country by setting up micro-enterprises in non-farm sector.
The number of micro-enterprises setup under PMEGP and...
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...
A total number of 31 Livelihood Business Incubators (LBIs) were sanctioned under A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship (ASPIRE) during the financial year 2020-21. Four (4) LBIs became functional during the financial year 2020-21 A...
E-Commerce is widely considered as a medium to reduce costs related to penetration and sustainability of exporters in international markets. Indian MSMEs stand to benefit for Export Policy for MSMES right from the enhanced visibility provided by e-commerce platforms....
Government of India launched the Beti Bachao Beti Padhao (BBBP) scheme in January 2015 to address the issue of decline in Child Sex Ratio (CSR) and related issues of empowerment of girls over a life cycle continuum. The objectives...
The Union Cabinet chaired by the Prime Minister, Narendra Modi, today approved a USD 808 million or Rs 6,062.45 crore, World Bank assisted programme on Raising and Accelerating MSME Performance (RAMP). RAMP is a new scheme and would commence...