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Monday, December 23, 2024

Indian SMEs

Latest Data on MSMEs

The Ministry of MSME, maintains data of registration of MSMEs, cancellation of registration and employment on Udyam Registration Portal. For more information also read - https://smeventure.com/bpo-promotion-schemes-under-digital-india-programme/ The data on credit outstanding to the MSME sector by Scheduled Commercial Banks for the...

Initiatives Under the Atmanirbhar Bharat Package

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....

MSMEs Schemes Launched by Government

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...

Information about MSME Cluster Development

The cluster development approach has been adopted by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India (GoI), as a key strategy for boosting the productivity and competitiveness as well as capacity building of Micro and...

India’s Top 10 Most Innovative Startups 2022

According to statistics, investments in Indian startups have risen dramatically in recent years, from $6.6 billion in 2018 to $10 billion in 2020 and up to $36 billion in 2021. This demonstrates that India has a large number of...

Role of MSMEs in Manufacturing Sector

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...

Creativity and Entrepreneurship in MSME Sector

The Ministry of Micro, Small and Medium Enterprises (MSME) has taken several initiatives for providing an impetus to promote creativity, innovation and entrepreneurship. These inter-alia include Entrepreneurship and Skill Development Programme (ESDP), MSME Champions Scheme and Prime Minister`s Employment...

Impact of High Repo Rate on MSME Sector

Small firms and shops who are already under pressure due to the Covid-19 effect and skyrocketing inflation will be negatively impacted by a hike in the repo rate, which has a direct impact on lending rates. Retailers with few...

New KVIC Chairman Manoj Kumar prioritises setting up of micro and small units

The newly-appointed Chairman of Khadi and Village Industries Commission (KVIC), Shri Manoj Kumar assumed the charge on Friday, 15th July 2022. After taking over as the Chairman, Shri Manoj Kumar said realizing Prime Minister Shri Narendra Modi’s dream of “Aatmanirbhar...

KVIC launches Knowledge Portal for Khadi

The Knowledge Portal for Khadi is a platform developed by the Center of Excellence for Khadi to provide design directions to the Khadi institutions. The portal was inaugurated by Ms Preeta Verma, CEO-KVIC, on 14th July 2022. The Center...
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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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