The Ministry of MSME celebrated the landmark of 1 crore registrations on its Udyam Portal today. Following the adoption of the revised definition of Micro, Small and Medium Enterprises (MSMEs) on 26th June, 2020, which is based on investment in...
The launch of the much awaited Pradhanmantri’s MUDRA Loan Scheme in India has facilitated many small and independent entrepreneurs in India who can avail hassle free loans to start their business enterprises. For a long time, these small entrepreneurs...
Government has announced and operationalised Aatma Nirbhar Bharat Package for MSMEs to cope up with the COVID-19 crisis, which inter alia includes the following major schemes:
Emergency Credit Line Guarantee Scheme (ECLGS): This scheme was announced as a part...
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...
MSME’s have a very important role to play in the economy of the country like India. The development of MSME’s is essential to meet the national imperatives of financial inclusion and generation of significant levels of employment opportunities across...
The Government has taken a number of recent initiatives under the atmanirbhar bharat Abhiyan to mitigate the negative impact of Covid-19 on small businesses including revival of demand for products and services in the country. Some of them are:
i....
Government has launched a World Bank supported Central Sector Scheme called Raising and Accelerating MSME Performance (RAMP). The scheme aims at strengthening institutions and governance at the Centre and State, improving Centre-State linkages and partnerships and improving access of...
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 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...
