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Friday, February 21, 2025

MSME Policies

Biogas Industry Hails MSME Financing Boost

The Indian Biogas Association (IBA) has welcomed the enhanced financing provisions for Micro, Small, and Medium Enterprises (MSMEs) announced in the General Budget 2025. The association believes these measures will drive the biogas sector's growth and improve access to...

One District One Product Scheme in Uttar Pradesh

The One District One Product (ODOP) scheme is transforming the lives of artisans and traders in Uttar Pradesh. This initiative is not only benefiting handicraft traders but is also fostering creativity among local artisans. The scheme has been instrumental...

45-Day Payment Rule for MSMEs: Concerns Raised

The finance ministry is deliberating over potential adjustments to the new income tax rule mandating business enterprises to settle payments to micro, small, and medium enterprises (MSMEs) within 45 days. Concerns have been raised from various quarters, with some...

MSME Loan Originations Surge Amid Economic Growth

A recent report from TransUnion CIBIL and Small Industries Development Bank of India has unveiled a significant uptick in MSME loan origination volumes to Micro, Small, and Medium-sized Enterprises, registering a notable 20% year-on-year growth in the July-September period...

The Merits of an International MSME Alliance

In today's globalized world, Micro, Small, and Medium-sized Enterprises (MSMEs) play a pivotal role in driving economic growth, fostering innovation, and creating employment opportunities. Recognizing the importance of these enterprises, the international community celebrates International MSME Day every year...

G20 MSME Financing Plan: Empowering Small Businesses

Micro, Small, and Medium-sized Enterprises (MSMEs) are the lifeblood of economies around the world. As of 2023, there are over 633.9 lakh MSMEs in India.  These businesses contribute significantly to employment, economic growth, and innovation. However, they often face...

SIDBI MSMEs Green Funding Initiative

Introduction In a significant move, the SIDBI MSMEs Green Funding Initiative is set to revolutionize sustainable business practices among Micro, Small, and Medium Enterprises. This comprehensive financial scheme supports the adoption of solar energy and the integration of energy-efficient machinery...

Technology Adoption by MSMEs: The Key to Sustainable Growth

Why is Technology Adoption by MSMEs is important? In the world of business, it's clear that technology adoption is the key to growth, and this holds especially true for Micro, Small, and Medium Enterprises (MSMEs). These smaller businesses are the...

MSME Tool Rooms Training Impact: Empowering India

Celebrating Achievements on 'National Small Industries Day' The MSME Tool Rooms Training Impact over the past 9 years has been instrumental in shaping the MSME sector in India, providing unparalleled training to the youth and significantly bolstering small and medium...

UP Govt MSME Insurance: State’s Initiative for Entrepreneurs

Introduction to UP Government Initiative In a significant stride towards supporting Micro, Small, and Medium Enterprises (MSMEs) in Uttar Pradesh, the state government has launched the 'Chief Minister's Micro Entrepreneur Accident Insurance Scheme', a vital part of their UP Govt...

Latest News

Ludhiana to Open MSME, SHG Product Outlet

In a first-of-its-kind initiative, Ludhiana is set to open a dedicated outlet for the promotion, display, and sale of...