As per the information received from Ministry of Statistics & Programme Implementation, share of MSME Gross Value Added (GVA) in All India GDP at current prices for the year 2019-20 was 30.0%.
State wise break up of persons employed in...
Under Micro and Small Enterprises Cluster Development Programme (MSE-CDP) of Ministry of MSME, one project for up-gradation of Infrastructure Facilities at Industrial Estate, Mettupalayam, Puducherry has been approved with a GoI grant of Rs. 4.14 crore, out of which,...
On the second day of MSME North East Conclave, Union Minister for MSME, Shri Narayan Rane today launched the Special Credit Linked Capital Subsidy Scheme (SCLCSS) for the services sector in the presence of senior officers of the Ministry...
New online system of MSME/Udyam Registration launched by Union MSME Ministry, w.e.f. 1st July 2020, has stood the test of Time and Technology as more than 50 lakh MSMEs have successfully registered themselves by now. These include over 47...
As we stand at the cusp of Industry 4.0, adoption of technology is the key differentiation in determining the success of SMEs. Until a few years ago, although the SMEs had recognized technology as the key growth driver, the...
Seeking a larger slice of public procurement pie, the SME sector has proposed small-ticket tenders so that they might participate within the bidding.
In its Budget tips, Federation of Indian Micro and Small & Medium Enterprises (FISME) has said that...
Running a company, big or small comes with numerous demanding situations. However, small businesses specifically face the project of ensuring smooth cash float. This component is important for the best protection and survival of your business. It contributes to...
Every small business owner explores a whole lot of alternatives to figure out where his beginning or running capital, in phrases of business loans, can come in from. Turning closer to banks, for obtaining investment, is a natural choice...
Logistics corporations generally have a pan India reach. They comprise even the hinterlands of India and are useful to the MSMEs in those regions. The Micro, Small and Medium Entrepreneurs (MSMEs) frequently have limited capital and personnel that makes the...
Laghu Udyog Bharati, a national association of micro and small industries has opposed the move by the Union Government to amend the definition for micro, small, and medium scale enterprises (MSMEs) based on turn over.
Reasons for opposition:
If the Indian...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
