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...
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...
A recent report from TransUnion CIBIL and Small Industries Development Bank of India has unveiled a significant uptick in MSME loan origination volumes to Micro, Small, and Medium-sized Enterprises, registering a notable 20% year-on-year growth in the July-September period...
The Indian MSME (Micro, Small, and Medium Enterprises) sector has experienced significant expansion in bank credit deployment, reflecting the government's emphasis on prioritizing lending to sectors crucial for socio-economic development.
As per the latest data released by the Reserve Bank...
In today's globalized world, Micro, Small, and Medium-sized Enterprises (MSMEs) play a pivotal role in driving economic growth, fostering innovation, and creating employment opportunities. Recognizing the importance of these enterprises, the international community celebrates International MSME Day every year...
Micro, Small, and Medium-sized Enterprises (MSMEs) are the lifeblood of economies around the world. As of 2023, there are over 633.9 lakh MSMEs in India. These businesses contribute significantly to employment, economic growth, and innovation. However, they often face...
Indian Agriculture Initiatives have taken a significant leap as Union Finance Minister Smt. Nirmala Sitharaman and Union Agriculture Minister Sh. Narendra Singh Tomar unveiled a series of transformative actions. These are aimed at revolutionizing agriculture, enhancing financial inclusion, optimizing...
Introduction
In a significant move, the SIDBI MSMEs Green Funding Initiative is set to revolutionize sustainable business practices among Micro, Small, and Medium Enterprises. This comprehensive financial scheme supports the adoption of solar energy and the integration of energy-efficient machinery...
Why is Technology Adoption by MSMEs is important?
In the world of business, it's clear that technology adoption is the key to growth, and this holds especially true for Micro, Small, and Medium Enterprises (MSMEs). These smaller businesses are the...
G20 and Indian MSMEs: Molding a New Era of Global Enterprise
The collaboration between the G20 and Indian MSMEs promises to be a game-changer. As powerhouse economies of the G20 redefine global economic paradigms, Indian Micro, Small, and Medium Enterprises...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
