Khadi and Village Industries Commission (KVIC) has just scripted the golden chapter of industrial growth and self-employment boom in Jammu & Kashmir (J&K). In the year 2021-22, KVIC, in J&K, has established the highest number of manufacturing and service...
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...
As per existing guidelines, some of the activities under agriculture and tourism based enterprises are already covered in the ambit of MSME sector. Activities under these two categories, for which Udyam Registration (UR) is allowed, are given in the...
Government of India launched the Beti Bachao Beti Padhao (BBBP) scheme in January 2015 to address the issue of decline in Child Sex Ratio (CSR) and related issues of empowerment of girls over a life cycle continuum. The objectives...
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
%...
Khadi and Village Industries Commission (KVIC) is viewing the Manufacturing and sale of fake Khadi products by some unauthorized outlets selling products in the name of Khadi very seriously and is closely and constantly searching for such entities, to...
How do MSMEs Contribute to the Indian Economy?
For the Indian economy with a population of 1.3 billion and the highest demographic dividend, the MSME sector is undeniably a crucial job provider. The spine of the Indian economy, the MSMEs...
In 2019, Prime Minister Narendra Modi envisaged transforming India into a powerful $5 trillion economy by the year 2024-25. Micro and small industries were supposed to be crucial player in achieving the goal due to the exceptional contribution of...
The MSME sector forms the foundation of the Indian dream of an Atmanirbhar Bharat. But, the Covid-19 pandemic and resultant disruptions affected MSMEs’ earnings by 20-50%. The greatest brunt was borne by the SMEs because of reduced demand and...
