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Tuesday, December 24, 2024

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Government Revamps PLI Scheme to Boost MSME Growth

The Indian government is revamping the Production Linked Incentives (PLI) scheme to provide robust support to Micro, Small, and Medium Enterprises (MSMEs). This comprehensive overhaul includes relaxing fund release norms, adding new sectors to the scheme, and extending benefits...

RCCP and KCCI Collaborate to Promote India-Russia Economic Growth

The Knowledge Chamber of Commerce and Industry (KCCI) has signed a Memorandum of Understanding (MOU) with the Russian Centre for Conservative Policy (RCCP). This significant event occurred ahead of the MSME Convention 2024 and KCCI's 6th Annual Foundation Day....

Agricultural Mechanization in India: Path to $50 Billion Market by 2030

The Indian Parliamentary Standing Committee on Agriculture recently delved into the state of agricultural mechanization, acknowledging its critical role yet highlighting the deficit in foreign direct investment. Despite agriculture supporting a significant portion of the population and contributing notably...

MSME Loan Schemes 2024: Empowering Growth and Sustainability

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India's economy, contributing significantly to GDP, employment generation, and fostering innovation. However, access to adequate funding remains a major challenge for these enterprises, hindering their growth and sustainability. Recognizing...

AgriTech Insights: Cultivating India’s Technological Harvest

India stands on the brink of an agrarian revolution, not of the kind that reshapes landscapes with plows and oxen, but one that harnesses the power of technology to usher in a new era of agricultural prosperity. As the...

SEBI Chief’s Statement Rattles SME Stock Market

Madhabi Puri Buch, the head of the Securities and Exchange Board of India (SEBI), recently highlighted concerns over potential irregularities observed within the Small and Medium Enterprises (SME) segment. During a public event, Buch acknowledged the presence of certain...

CII Conference: Empowering MSMEs for the Future

Micro, small, and medium enterprises (MSMEs) play a crucial role in driving economic growth, particularly in regions like the eastern part of India. The recent 'Future Ready to be Future Proof' conference organized by the Confederation of Indian Industry...

IBEX India 2024: Plan Your Visit!

Discover the Confluence of Innovation, Networking, and Recognition for the BFSI Community at the 11th Edition of IBEX INDIA, taking place from February 21st to 23rd, 2024, at the Jio World Convention Centre, Mumbai. Innovation in the BFSI Sector The Indian...

MSMEs in India: Paving the Way Through Credit Challenges

Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in the economic growth and employment generation in India. They contribute significantly to the country's GDP and provide employment opportunities to millions.  However, despite their vital role, MSMEs often face...

Business Loans 2.0: Transformative Trends in MSME Financing

The emergence of digital lenders has significantly reshaped the way Micro, Small, and Medium Enterprises (MSMEs) secure business loans for their operations. The transition from traditional banking to online platforms has not only accelerated the loan application process but...

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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....