Newly appointed MSME Minister Jatin Ram Manjhi has called on aspiring entrepreneurs in India to register with the government’s MSME registration portal, Udyam, to launch their new ventures. This move aims to support and encourage the growth of micro,...
The gross bank credit by scheduled commercial banks to MSMEs under priority sector lending norms grew by 18.1% in April 2024. This growth is notable compared to the previous year, according to the latest data from the Reserve Bank...
The International Finance Corporation (IFC), a member of the World Bank Group, has launched an $8 billion MSME Finance Platform aimed at boosting financing for micro, small, and medium enterprises (MSMEs). This initiative, announced on Tuesday, is designed to...
The Udyam Registration, commonly known as MSME registration, is now accessible for traders. According to the government, individuals involved in retail or wholesale trading can now register and enjoy the benefits available to other registered entities under the MSME scheme....
For micro, small, and medium enterprises (MSMEs) in India, delayed payments can significantly hinder business operations. To combat this issue, the MSME Ministry has established a robust mechanism to address payment delays through the MSME Samadhaan portal. Here's a...
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India's economy, contributing significantly to GDP, employment generation, and fostering innovation. However, access to adequate funding remains a major challenge for these enterprises, hindering their growth and sustainability.
Recognizing...
With the clock ticking towards the April 1 deadline, MSMEs are hustling to revise their agreements with traders and buyers in anticipation of the new 45-day payment rule. The lack of deliberation has led to apprehensions among MSMEs regarding...
Tamil Nadu’s Micro, Small and Medium Enterprises (MSME) Minister T.M. Anbarasan launched the Tamil Nadu Incubator Maturity Model (TNIMM) report during the Tamil Nadu Start-up Incubators Summit held in Chennai. This framework aims to assess and elevate start-up incubators...
Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in the economic growth and employment generation in India. They contribute significantly to the country's GDP and provide employment opportunities to millions.
However, despite their vital role, MSMEs often face...
In the vast canvas of India's economy, there exists a dynamic and vital force known as Micro, Small, and Medium Enterprises (MSMEs). These small but mighty entities are the unsung heroes of the nation's economic story, driving growth, creating...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
