We are in an era where startups and small-medium enterprises are emerging. We have already seen a lot of people with a never die attitude start and flourish companies from a team of 2 to 100s of people and...
The MSME sector is at the budding stages in India right now. The entry
of high quality market participants has ushered in a great deal of
competition in the market and as a result of which many new MSMEs
require more budget...
MSMEs embarking are truly the backbone of an emerging and developing economy like India. The MSME sector contributes 50% towards all the product exports that are happening in the country and this helps in adding approximately 30% directly to...
All India MSME associations of Maharashtra at the local level played a
huge role in MSME model awareness and adoption over time and
finally its worth mentioning that they duly succeeded in their attempt
in doing so.
In the era of Post-liberalization, Foreign...
MSME Sustainable (ZED) Certification scheme is an extensive drive to
create awareness amongst MSME’s about Zero Defect Zero Effect (ZED)
practices and motivate them to incentivize for sustainable certification
scheme while also encouraging them to become MSME Champions.
The announcement of ‘Make in...
The Ministry of MSME celebrated the Tiranga Yatra and Har Ghar Tiranga campaign in New Delhi, today. It involved Indian Freedom struggle. The campaign was led by Union Minister for MSME Narayan Rane. The Yatra was attended by officers...
To address the regular working capital requirement of Micro, Small and Medium Enterprises (MSMEs) the Government has taken initiatives under the Aatmanirbhar Bharat Package which inter-alia includes measures such as (i) Rs. 5.00 Lakh Crore under Emergency Credit Line...
The Government has taken a number of initiatives under the Aatma Nirbhar Bharat Abhiyan scheme to mitigate the negative impact of Covid-19 on small businesses, including MSMEs, in the country. Some of them are:
Rs. 20,000 crore Subordinate Debt...
The Govt. of India has enacted the Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 on June 16, 2006 which was notified on 2nd October, 2006 to deal with the definition of MSME’s. The Enterprises are defined in...
The Ministry of Micro, Small and Medium Enterprises has introduced AI and ML powered tools on its single window system ‘Champions portal website’ in order to take an active effort in matters related to MSME’s. This multi-modal system also...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
