For micro, small, and medium enterprises (MSMEs) in India, delayed payments can significantly hinder business operations. To combat this issue, the MSME Ministry has established a robust mechanism to address payment delays through the MSME Samadhaan portal. Here's a...
“Invest India” focussing on sector-specific investor targeting and development of new partnerships to enable sustainable investments in India
In order to further strengthen efforts to promote domestic investments, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of...
MSME Outlook 2020
The novel coronavirus wreaked havoc on the economic and health systems across the globe. We are in the midst of Coronavirus disease 2019 or Covid 19 pandemic that has inflicted an unprecedented economic shock and health shock ...
To address the issues related to delayed payments of Micro, Small and Medium Enterprises (MSMEs), the Ministry of Micro, Small and Medium Enterprises (MSME) has taken the following steps:
Micro and Small Enterprises Facilitation Councils (MSEFCs) have been set up...
The 2019-20 Budget had proposed a latest payment platform for India’s micro, small and medium enterprises (MSMEs), defined as organisations whose investments are beneath Rs 10 crore within the instances of manufacturing elements and beneath Rs 5 crore inside...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....