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Sunday, November 24, 2024

MSME Policies

Plastic Recycling And Waste Management

The Ministry of MSME under International Cooperation Scheme organized International Mega-Summit on Plastic Recycling and Waste Management at New Delhi during 4-5 March, 2022. The 2-day Mega-Summit brought together distinguished National and International Speakers from the industry and academia to deliberate upon challenges...

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...

Dwarf or Infant MSMEs: Where Should We Put Efforts?

In 2021, TISS and FICCI published a paper titled "Creating Udyog Sahayak Enterprises Network." According to the report, the micro and small business sector alone has the potential to produce one crore new jobs over the next five years....

Russia-Ukraine War: A Blow for Indian MSMEs & Businesses?

Some geopolitical experts have already termed the Russia-Ukraine conflict World War III. While Ukrainians are fighting in Europe to protect their motherland, MSME and small business owners in Asia are fighting disrupted supply chains and stuck inventory. The case...

Increasing Employment Opportunities in MSMEs

As per the information received from Ministry of Statistics & Programme Implementation, share of MSME Gross Value Added (GVA) in All India GDP at current prices for the year 2019-20 was 30.0%. State wise break up of persons employed in...

Credit Guarantee Scheme for Subordinate Debt extended upto 31.03.2023

The government announced creation of ‘Distressed Assets Fund- - Subordinate Debt for Stressed MSMEs’ on 13th May 2020, under the Aatma Nirbhar Bharat Package. Accordingly, a scheme viz Credit Guarantee Scheme for Subordinate Debt’ was approved by the Government on...

Khadi Institutions saved from steep price hike due to reserve fund

A far-sighted policy decision taken by Khadi and Village Industries Commission (KVIC) in 2018, to create a special reserve fund to deal with market fluctuations and other eventualities, has come as a savior for all Khadi institutions across the...

Narayan Rane launches MSME Innovative Scheme & MSME IDEA HACKATHON 2022

Union Minister for MSME Narayan Rane yesterday launched the MSME Innovative Scheme (Incubation, Design and IPR) along with the MSME IDEA HACKATHON 2022. Speaking on the occasion, Rane said MSMEs have an important role to play in Aatmanirbhar Bharat. He...

PayPal Survey: Indian MSMEs are going Digital

“At least 40% of businesses will die in the next 40 years if they don’t grab the digital opportunity to mark upon their digital transformation journey.” India has 6.3 crore MSME units, contributing around 30% to its economy and employing...

Narayan Rane launches – “SAMARTH” on the occasion of Women’s Day 2022

On the occasion of International Women’s Day 2022, Union Minister for MSME, Shri Narayan Rane along with Minister of State for MSME, Shri Bhanu Pratap Singh Verma launched a Special Entrepreneurship Promotion Drive for Women -"SAMARTH" yesterday at New...

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....