At the National One District One Product (ODOP) Awards 2024 in New Delhi, Union Commerce and Industry Minister Shri Piyush Goyal announced that the Ministry is set to issue new guidelines aimed at promoting first-time exporters and targeting newer...
A new report by nonprofit accelerator Change Engine reveals that 80% of India’s top nonprofit unicorns — organisations that have positively impacted at least 1 million people or 5% of their target population — have achieved scale through strategic...
The Reserve Bank of India (RBI) has issued a directive to eliminate pre-payment charges on all floating rate loans and advances. This reform, effective from January 1, 2026, is expected to ease the financial pressure on micro and small...
In a significant move to empower India’s micro, small and medium enterprises (MSMEs), DBS Bank India has waived all prepayment and foreclosure charges for borrowers registered under UDYAM. Announced on MSME Day, the waiver aims to improve financial agility...
India’s next phase of digital transformation hinges not just on the scale of its platforms but on the quality of data powering them, according to a new report by NITI Aayog’s Frontier Technologies Hub. The report, released as part...
Union Commerce and Industry Minister Shri Piyush Goyal has called for a renewed national focus on self-reliance, high-quality skilling, and strategic export competitiveness in a high-level review of India’s Production Linked Incentive (PLI) Scheme. The meeting, attended by all...
India’s MSME sector has maintained a steady upward trajectory, with commercial credit demand growing 11% year-over-year in the Jan–Mar 2025 quarter, while portfolio growth reached 13% on the back of improved asset quality and increased originations to new borrowers.
According...
The Indian government is preparing to roll out a new credit guarantee scheme specifically aimed at export-oriented micro, small, and medium enterprises (MSMEs). Scheduled for launch by September, the scheme will enable eligible businesses to access collateral-free term loans...
NITI Aayog has released a detailed policy framework aimed at strengthening medium enterprises—an often-overlooked segment of India’s MSME landscape with high potential for scale, innovation, and export growth. Titled “Designing a Policy for Medium Enterprises”, the report positions this...
The Chhattisgarh government has approved key amendments to its Industrial Development Policy 2024–30 in a bid to attract investment, boost local employment, and modernise its industrial base. The decision was finalised at a cabinet meeting chaired by Chief Minister...
