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Monday, May 26, 2025

MSME Assist

KVIC Organizes 150 programs to empower artisans to celebrate 150 years of Gandhi Jayanti

A series of 150 mega events across the country and floral tributes marked the celebration of glorious 150 years of the Father of the Nation Mahatma Gandhi by Khadi and Village Industries Commission (KVIC). On Thursday, the eve of Gandhi...

More than 30 lakh units of MSMEs benefited from Loans sanctioned under ECLGS

Under the 100 % Emergency Credit Line Guarantee Scheme (ECLGS) backed by a Government guarantee , Banks from Public & Private Sectors have sanctioned loans worth over Rs. 1 lakh crore as of June 26, 2020, of which more...

Udyam Registration Portal guides the entrepreneurs step by step

As already declared by the Union Ministry of Micro, Small and Medium Enterprises (MSME), vide the Notification Dated 26th June, 2020, the new process of Classification and Registration of enterprises is starting from 1st July, 2020. An enterprise for...

Udyam Registration Portal For MSMEs Becomes Operational

Udyam Registration Portal developed by Ministry of Micro, Small and Medium Enterprises has become operational from today. The new process of classification and registration of enterprises has started as already declared vide notification dated 26th June, 2020. Alongwith launching...

Guaranteed Emergency Credit Line (GECL) facility to eligible Micro, Small and Medium Enterprise (MSME) borrowers, including interested MUDRA borrowers

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given the following approvals: To enable additional funding of up to Rs. three lakh crore to eligible MSMEs and interested MUDRA borrowers by way of "Emergency Credit...

Nirmala Sitharaman announces measures for businesses, especially MSMEs

Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs Rs 20,000 crore Subordinate Debt for Stressed MSMEs Rs 50,000 crore equity infusion through MSME Fund of Funds New Definition of MSME and other Measures for...

Govt Clears “Roadblock” To Fast-Track PMEGP Projects; KVIC To Ensure Swift Execution

The pace of employment generation in the country is just going to accelerate. In a significant policy decision, the Ministry of Micro, Small and Medium Enterprises (MSME), headed by Union Minister Shri Nitin Gadkari, has done away with the...

As a relief to MSMEs, I-T refunds worth Rs 5,204 Crore issued in last 10 days: CBDT

The Central Board of Direct Taxes (CBDT) today said that Income tax refunds to nearly 8.2 lakh small businesses (proprietors, firms, corporate and trusts) worth Rs 5,204 Crore have been issued since 8th April 2020. These income tax refunds...

Why investors in India are only focusing on startups at the cost of SMEs?

In recent years, there’s been huge investing pouring in for startups in India, predominantly in the technology domain whether its mobile apps based services or online retail.  However, recent media reports have suggested that venture capital funding and deals...

Interest Subvention Scheme – How can SMEs in India Benefit from it?

Indian Government made few amendments within the interest subvention schemes for MSMEs. It’s launched with an objective to offer incentives to small businesses for onboarding on the GST platform, which has been changed to in addition raise the MSME...

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...