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Sunday, May 25, 2025

MSME Assist

MSEs Dues Cross ₹50,000 Cr Despite Reforms

India’s micro and small enterprises (MSEs) are grappling with a persistent and growing challenge—delayed payments. Despite multiple government interventions and regulatory measures over the years, unpaid dues to MSEs have now crossed a staggering ₹50,000 crore, exposing significant cracks...

GeM Empowers Startups at Mahakumbh 2025

The Startup Mahakumbh 2025, held in New Delhi, concluded with strong participation from across India’s entrepreneurial ecosystem. A key highlight of the event was the Government e Marketplace (GeM) Pavilion, which served as a powerful showcase of how public...

MahaCollab Unites Stakeholders for Circular Textiles

The World Trade Center (WTC) Mumbai, All India Association of Industries (AIAI), and Tisser Artisans Trust jointly hosted ‘MahaCollab,’ a two-day conclave aimed at promoting circular economy practices in India’s textile sector. The event featured keynote sessions, panel discussions,...

TEAM Initiative Aims to Digitize MSMEs in India

The Ministry of Micro, Small, and Medium Enterprises (MSME) has launched the MSME Trade Enablement and Marketing (TEAM) Initiative, a sub-scheme under the Raising and Accelerating MSME Performance Program (RAMP). Announced on June 27, 2024, this initiative aims to...

Govt Revises MSME Criteria Effective April 1

In a strategic step to align with India’s evolving business landscape, the Government of India has notified revised thresholds for classifying Micro, Small, and Medium Enterprises (MSMEs). The new limits, which increase the allowable investment and turnover ceilings, will...

What Maharashtra’s State Data Policy Means for MSMEs

The Maharashtra Cabinet, chaired by Deputy Chief Minister Devendra Fadnavis, has approved a State Data Policy that aims to transform how data is used across departments and improve transparency, efficiency, and decision-making in public service delivery. Designed to support...

Karnataka Tops in SRI Fund MSME Investments

While many Indian states have shown limited progress in tapping into the government’s Self-Reliant India Fund (SRI Fund), Karnataka has emerged as the most proactive, securing investments for 151 MSMEs—the highest in the country. The update was shared in the...

Karnataka Funds 101 Startups Under ELEVATE 2024

The Karnataka government has chosen 101 startups for funding under ELEVATE 2024, a flagship initiative designed to support early-stage businesses. Out of 960 applicants, the selected startups will receive a share of the ₹25 crore grant to accelerate their...

Tamil Nadu Offers ₹20K EV Subsidy for Gig Workers

The Tamil Nadu government has introduced a ₹20,000 subsidy for gig workers purchasing electric scooters, marking a significant step toward promoting electric mobility and supporting the gig economy. This initiative, part of the state’s 2025-26 Budget, will initially benefit...

Startup Mahakumbh 2025 Set to Host 50K+ Attendees

As India pushes forward in its journey to become a global innovation powerhouse, Startup Mahakumbh 2025 is set to play a pivotal role in shaping the country’s entrepreneurial future. The highly anticipated event, themed ‘Startup India @ 2047—Unfolding the...

Latest News

Delhi to Launch Food Incubators and Tech Labs

The Delhi government has announced the establishment of two new food incubation centres and three high-tech laboratories to support...