The Micro, Small and Medium Enterprises (MSMEs) plays an important role in manufacturing sector of the country.
For more information also read - https://smeventure.com/impact-of-high-repo-rate-on-msme-sector/
As per information received from Ministry of Statistics & Programme Implementation, the Share of MSME Manufacturing Output...
The Ministry of Micro, Small and Medium Enterprises (MSME) has taken several initiatives for providing an impetus to promote creativity, innovation and entrepreneurship. These inter-alia include Entrepreneurship and Skill Development Programme (ESDP), MSME Champions Scheme and Prime Minister`s Employment...
The Ministry of MSME, through Khadi and Village Industries Commission (KVIC) promotes and assists Khadi and Village Industries which are engaged in production and sales of KVI products thereby generating employment opportunities for rural artisans through implementation of various...
Small firms and shops who are already under pressure due to the Covid-19 effect and skyrocketing inflation will be negatively impacted by a hike in the repo rate, which has a direct impact on lending rates. Retailers with few...
Right now, a big chunk of the revenue by this sector is generated from, in and around, the metro cities of Bengaluru, Chennai, Delhi NCR, Gurugram, Hyderabad, Kolkata, Mumbai and Pune. Other parts of the country, having availability of...
The newly-appointed Chairman of Khadi and Village Industries Commission (KVIC), Shri Manoj Kumar assumed the charge on Friday, 15th July 2022. After taking over as the Chairman, Shri Manoj Kumar said realizing Prime Minister Shri Narendra Modi’s dream of “Aatmanirbhar...
At the end of last year, seven of the most valuable companies by market cap were platform based business. These companies reaped the advantages of ‘ecosystem network multiplier effect’catalysed by platforms. In India too, organisations like Reliance and Tata...
The Knowledge Portal for Khadi is a platform developed by the Center of Excellence for Khadi to provide design directions to the Khadi institutions. The portal was inaugurated by Ms Preeta Verma, CEO-KVIC, on 14th July 2022. The Center...
The term SIDBI stands for Small Industries Development Bank of India. It is an apex financial institution to support small, mid-sized businesses in India. SIDBI is a wholly owned subsidiary of IDBI, is geared for helping and financially assisting...
Micro Small and Medium Enterprises (MSMEs) are leading in the industries affected by COVID-19. Clear rules on access to financing, markets, and cutting-edge technologies, as well as a favorable environment produced by sensible government policies and legislation, can all...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....