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Tuesday, May 7, 2024

SME Guide

Implementation of Schemes for MSMEs

The Government has taken a number of initiatives under the Aatma Nirbhar Bharat Abhiyan to promote the Micro, Small and Medium Enterprises (MSMEs) sector in the country. The details of two major schemes are as under: Emergency Credit Line...

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...

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...

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...

Indian MSME sector and its Expectations from the Union Budget 2022-23?

The MSME sector forms the foundation of the Indian dream of an Atmanirbhar Bharat. But, the Covid-19 pandemic and resultant disruptions affected MSMEs’ earnings by 20-50%. The greatest brunt was borne by the SMEs because of reduced demand and...

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Green Manufacturing in India’s Biotech Industry

India's biotechnology sector is a rapidly growing force in the global arena, known for its innovation in healthcare, agriculture,...