To encourage international cooperation between various countries and the MSMEs in the country, Ministry of Micro, Small and Medium Enterprises(MSME) is implementing International Cooperation Scheme, a Central Sector Scheme. The scheme is in operation since its inception in 1996....
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...
In 2021, TISS and FICCI published a paper titled "Creating Udyog Sahayak Enterprises Network." According to the report, the micro and small business sector alone has the potential to produce one crore new jobs over the next five years....
Some geopolitical experts have already termed the Russia-Ukraine conflict World War III. While Ukrainians are fighting in Europe to protect their motherland, MSME and small business owners in Asia are fighting disrupted supply chains and stuck inventory. The case...
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...
mewt, the first-of-its-kind business banking aggregator for MSMEs of Bharat, today announced that it has successfully onboarded 125,000 MSMEs on its platform within a span of just two months (Jan-Feb 2022). mewt simplifies business banking by unifying state-run banks,...
A far-sighted policy decision taken by Khadi and Village Industries Commission (KVIC) in 2018, to create a special reserve fund to deal with market fluctuations and other eventualities, has come as a savior for all Khadi institutions across the...
Union Minister for MSME Narayan Rane yesterday launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME IDEA HACKATHON 2022.
Speaking on the occasion, Rane said MSMEs have an important role to play in Aatmanirbhar Bharat. He...
“At least 40% of businesses will die in the next 40 years if they don’t grab the digital opportunity to mark upon their digital transformation journey.”
India has 6.3 crore MSME units, contributing around 30% to its economy and employing...
