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...
Khadi and Village Industries Commission (KVIC) is viewing the Manufacturing and sale of fake Khadi products by some unauthorized outlets selling products in the name of Khadi very seriously and is closely and constantly searching for such entities, to...
As per the information received from Ministry of Statistics & Programme Implementation, share of MSME Gross Value Added (GVA) in All India GDP at current prices for the year 2019-20 was 30.0%.
State wise break up of persons employed in...
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...
North-East India comprising seven sister states covers 263179 Km/Sq. of India. The region enjoys a strategic geographical location with an international border of 5,182 km. The North-East region is India’s gateway to south-east Asia. This unique geography can become a boon...
52 weeks and 44 Unicorns, this is a brief introduction to the Indian Unicorns' success story in 2021. How did that happen so fast? What are the factors contributing to rising unicorns in India?
Needless to say, 2021 was the...
Digitisation in Power Sector
The rapid rate of digitisation has impacted almost every sector, bringing myriad benefits to them. They all are adopting changes and cutting-edge technologies to streamline their resources and serve the consumers better. The power sector is...
In 2019, Prime Minister Narendra Modi envisaged transforming India into a powerful $5 trillion economy by the year 2024-25. Micro and small industries were supposed to be crucial player in achieving the goal due to the exceptional contribution of...
PayU's new product suite gives easy access to credit
PayU, India’s leading online payments solutions provider, has introduced a full-stack, versatile product suite to provide simplified access to credit for PayU’s 3.5 lakh merchants. PayU has launched three products –...