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...
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...
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...
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...
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...
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...
The State Bank of India (SBI) has introduced ‘SBI Asmita’, a collateral-free digital SME loan designed to support women entrepreneurs in expanding their businesses. The bank also unveiled the ‘Nari Shakti’ platinum debit card, catering to the diverse financial...
The Small Industries Development Bank of India (SIDBI) has entered into a strategic partnership with Tata Capital Limited (TCL) to enhance credit accessibility for Micro, Small, and Medium Enterprises (MSMEs). This collaboration aims to bridge funding gaps and provide...
The Reserve Bank of India (RBI) has proposed a significant policy shift that would eliminate foreclosure charges on floating-rate loans for individual borrowers and Micro, Small, and Medium Enterprises (MSMEs). This move aims to create a more borrower-friendly lending...
The Confederation of Indian Industry (CII) Pune chapter has announced a series of workshops across western Maharashtra to support micro and small enterprises (MSMEs) in overcoming key business challenges. The initiative aims to help entrepreneurs scale their operations, improve...
