In the Budget Announcement made by Hon’ble Finance Minister on 1st February 2022, it was said that “Udyam, e-Shram, National Career Services (NCS) portal and Aatmanirbhar Skilled Employees Employer Mapping (ASEEM) portals will be interlinked. Their scope will be...
The Government of India, through the Khadi and Village Industries Commission (KVIC), is establishing a Centre of Excellence for Khadi (CoEK) with the technical support of National Institute of Fashion Technology (NIFT), New Delhi at NIFT Delhi (Hub Centre)...
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...
To address the regular requirement of working capital including small ticket size loan by Micro, Small and Medium Enterprises (MSMEs) and to stay afloat, the Government has taken a number of initiatives in recent years which inter-alia includes measures...
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...
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...
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 Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
