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Tuesday, November 5, 2024

MSME

MSME Department Boosts Industrial Growth in Neemuch

The Micro, Small, and Medium Enterprises (MSME) department in Madhya Pradesh has allocated plots to more than 40 small-scale industries in the Morkha industrial area of Neemuch district. This initiative aims to foster industrial growth in the region, attracting...

FAIVM Urges Government to Extend MSME Payment Period to 180 Days

The Federation of All India Vyapar Mandal (FAIVM) is set to urge the new NDA government to extend the time period for payments to MSMEs from their buyers to up to 180 days from the current 45 days. This...

TCoE Invites Proposals for MSME 5G Study

The Telecom Centre of Excellence India (TCoE), under the Department of Telecom, has called for proposals. They seek to survey MSMEs to understand their challenges in adopting advanced technologies. The goal is to find out what support MSMEs need...

Project Digital Saksham: Revitalizing Kolkata’s Industrial Heritage with Digital Training

The Confederation of Indian Industry (CII), in collaboration with Mastercard’s Centre for Inclusive Growth, is spearheading a digital revolution for micro, small, and medium enterprises (MSMEs) in West Bengal through Project Digital Saksham. This initiative, targeting Kolkata, Hooghly, South...

MSME Payment Rule Under Review: Finance Ministry Contemplates Delay

The Finance Ministry is deliberating a potential deferment of an MSME payment Rule 43B (h) under the Income Tax Act, which mandates payments to MSMEs within 45 days. This amendment, introduced via the Finance Act of 2023, aims to...

MSME Minister Unveils Tamil Nadu Incubator Maturity Model Report

Tamil Nadu’s Micro, Small and Medium Enterprises (MSME) Minister T.M. Anbarasan launched the Tamil Nadu Incubator Maturity Model (TNIMM) report during the Tamil Nadu Start-up Incubators Summit held in Chennai. This framework aims to assess and elevate start-up incubators...

Indian MSME Sector Witnesses Growth in Bank Credit Deployment

The Indian MSME (Micro, Small, and Medium Enterprises) sector has experienced significant expansion in bank credit deployment, reflecting the government's emphasis on prioritizing lending to sectors crucial for socio-economic development.  As per the latest data released by the Reserve Bank...

MSMEs in India: Paving the Way Through Credit Challenges

Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in the economic growth and employment generation in India. They contribute significantly to the country's GDP and provide employment opportunities to millions.  However, despite their vital role, MSMEs often face...

The Merits of an International MSME Alliance

In today's globalized world, Micro, Small, and Medium-sized Enterprises (MSMEs) play a pivotal role in driving economic growth, fostering innovation, and creating employment opportunities. Recognizing the importance of these enterprises, the international community celebrates International MSME Day every year...

Economic Survey 2022-23: Notable Insights for 2024

The Economic Survey 2022-23, prepared by a team of esteemed economists led by Chief Economic Adviser Anantha Nageswaran, serves as a comprehensive report analyzing India's economic developments over the past year and offering insightful projections for the upcoming fiscal...
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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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