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...
As the manufacturing sector continues to evolve, the MSME Competitive (LEAN) Scheme stands out as a beacon for Micro, Small, and Medium Enterprises (MSMEs) aiming for efficiency and competitiveness in the future. Initiated by Narayan Rane, the Union Minister...
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...
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...
Under the visionary leadership of Union Minister of MSME, Narayan Rane, the 16th Governing Council and 15th Annual General Meeting of the National Institute for MSME (Ni-MSME) convened in New Delhi, marking a significant milestone in the sector's development.
Launch...
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...
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...
