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Tuesday, November 5, 2024

MSME Assist

Share of MSMEs in exports to Russia and Ukraine

The share of Micro, Small and Medium Enterprises (MSMEs) to exports to Russia and Ukraine during the last three years is as follows: For more information also read: https://smeventure.com/what-the-indian-msme-sector-is-expecting-from-the-union-budget-2022-23/ Value in USD Million India’s Export   2018-19 2019-20 2020-21 Value Value Value Selected commodities (MSMEs) to Russia 1432.53 1819.41 1548.27 Total export to Russia 2389.62 3017.75 2655.84 %...

Self Employment Opportunities

Ministry of MSME, through Khadi and Village Industries Commission (KVIC), has taken various new measures for the development of Khadi and Village Industries (KVI) and creation of more self- employment opportunities in the country. Details of such initiatives are...

Setting Up of Agro based Industries in Rural Areas

Ministry of MSME, through Khadi and Village Industries Commission (KVIC), is implementing Prime Minister’s Employment Generation Programme (PMEGP) for generating employment in the country, including the rural areas, by setting up of micro-enterprises in the non-farm sector including Agro...

Khadi Textile gets a boost from MSME ministry

With a view to promote khadi textile and modernize the Khadi Industry, Ministry of MSME, through Khadi & Village Industries Commission (KVIC) has over the years taken various initiatives through various Technological Institutions of national repute and already disseminated...

Khadi Rolls Out Major Employment Spree in Rajasthan

In a major boost to the self-employment spree in Rajasthan, Khadi and Village Industries Commission (KVIC) on Saturday distributed 200 electric potter wheels to potters, 240 waste wood toolkits to Carpenters and 10 dona paper plate making machines to...

International Cooperation With MSMEs

To encourage international cooperation between various countries and the MSMEs in the country, Ministry of Micro, Small and Medium Enterprises(MSME) is implementing International Cooperation Scheme, a Central Sector Scheme. The scheme is in operation since its inception in 1996....

Impact of Manufacturing and Sale of Fake Khadi Products

Khadi and Village Industries Commission (KVIC) is viewing the Manufacturing and sale of fake Khadi products by some unauthorized outlets selling products in the name of Khadi very seriously and is closely and constantly searching for such entities, to...

Key Challenges Faced by MSMEs in India

How do MSMEs Contribute to the Indian Economy? For the Indian economy with a population of 1.3 billion and the highest demographic dividend, the MSME sector is undeniably a crucial job provider. The spine of the Indian economy, the MSMEs...

What are the key takeaways for MSMEs from Budget 2022-23?

On 1st Feb 2022, finance minister Nirmala Sithraman presented her fourth successive budget. The minister's Union budget 2022 was envisioned to provide a blueprint for economic growth over “Amrit Kal.” The framework aims to set the foundation for driving...

Are MSMEs the Engines for the Indian Economy’s Success Wagon?

In 2019, Prime Minister Narendra Modi envisaged transforming India into a powerful $5 trillion economy by the year 2024-25. Micro and small industries were supposed to be crucial player in achieving the goal due to the exceptional contribution of...

Latest News

GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....