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Tuesday, November 5, 2024

Indian MSME sector

‘MAKE IN INDIA’ IN MICRO INDUSTRIES

Ministry of MSME is implementing the following schemes to give impetus to ‘Make in India’ in the MSME sector. These schemes focus on the promotion of locally produced goods in the country through empowering micro and small scale enterprises...

RELIEF TO MSMEs

NSIC facilitates the availability of key raw materials like Steel, Aluminium, Copper, Zinc, Polymer, Bitumen, Emulsion, Cement, etc., from bulk producers by entering into MoUs with them and providing these raw materials at competitive prices to MSMEs. Further, NSIC...

Support to MSME Sector

The World Bank has communicated to the Ministry of MSME that, in its Board meeting dated 4th June 2021, it has approved a loan of US $500 million (₹ 3750 Cr) to assist the Government of India’s program “Raising...

Ministry urges MSMEs to help review the impact of policies & MSMED Act 2006

The Union Ministry of MSME has formed a study group to seek feedback on important MSME development efforts and the MSMED Act 2006 through an online poll in order to gain a first-hand understanding of the current state of...

TSSIA ,COSIA and SIDBI organizes a Webinar on Benefits OF TReDS Platform for MSMEs

THANE SMALL SCALE INDUSTRIES ASSOCIATION (TSSIA), CHAMBER OF SMALL INDUSTRY ASSOCIATIONS (COSIA) and SIDBI - GRANT THRONTON PMU (GT SIDBI PMU) had organized a Webinar on Benefits OF TReDS Platform for MSMEs on 7th September, 2021. With MSMEs recovering...

MSME Ministry plans to boost economic development along with employment growth – says Nitin Gadkari, MSME Minister

Nitin Gadkari, Union MSME Minister, and Prathap Chandra Sarangi took the charge of the Ministry in New Delhi. Gadkari, who took charge of the ministry here, announced that the MSME sector offers significantly in pushing the nation's economic development and...

The Common challenges faced by the Food Processing Sector in India

India’s Food processing sector has experienced excellent growth over the years and is the 6th largest food processor in the globe. As per the report, the Majority of food processing units in developing countries fall underneath the Micro, Small...

MSME e-Form for furnishing half yearly return about payments due to MSEs is available on the MCA website

The Ministry of Corporate Affairs (MCA) has announced that the MSME e-Form can be downloaded from MCA 21 Corporation plans page since May 1, 2019. What is MSME e-Form? MSME e-Form is utilized for providing half annual return with the registrar...

Cos told to disclose dues to MSMEs-Attempt to boost cash flow

In an offer to address the concerns of SMEs  over delayed payments that make genuine income challenges for them, the Narendra Modi-drove government is thinking about to make it obligatory for all organizations to uncover their dues to MSMEs...

New RBI Governor tries to Lend Extended Support to the Indian MSME sector

Newly appointed governor of RBI Shaktikanta Das sought to comprehend from heads of state owned lenders whether there were  any more steps  that could be taken to lend more to the Indian MSME sector. For their division, PSU bank...
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Latest News

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....
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