It’s been a year full of historic feats for Khadi and Village Industries Commission (KVIC) in executing the flagship Prime Minister’s Employment Generation Program (PMEGP). With setting up of an unprecedented 1.03 lakh new manufacturing and service units and...
US-based leading fashion brand Patagonia Reaffirms Khadi has placed a repeat order for purchasing Khadi Denim fabric, which comes as a global appreciation of Khadi’s world class product quality and punctuality in fulfilling the supply order. In march this...
From the Himalayan highlands of Leh-Ladakh to the banks of River Ganges in Varanasi – the heritage handicraft of Pashmina has got a brand new identity. The premium Pashmina products prepared by the highly skilled Khadi weavers of Varanasi...
The Government has taken several initiatives under the Aatmanirbhar in MSME sector 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 for stressed...
Ministry of MSME, through Khadi and Village Industries Commission (KVIC), is implementing Prime Minister’s Employment Generation Programme (PMEGP) for generating self-employment opportunities in the country by setting up micro-enterprises in non-farm sector.
The number of micro-enterprises setup under PMEGP and...
A total number of 31 Livelihood Business Incubators (LBIs) were sanctioned under A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship (ASPIRE) during the financial year 2020-21. Four (4) LBIs became functional during the financial year 2020-21 A...
E-Commerce is widely considered as a medium to reduce costs related to penetration and sustainability of exporters in international markets. Indian MSMEs stand to benefit for Export Policy for MSMES right from the enhanced visibility provided by e-commerce platforms....
The Union Cabinet chaired by the Prime Minister, Narendra Modi, today approved a USD 808 million or Rs 6,062.45 crore, World Bank assisted programme on Raising and Accelerating MSME Performance (RAMP). RAMP is a new scheme and would commence...
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
%...
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...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....