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Tuesday, November 5, 2024

MSME sector

ECLGS Supports Credit Flow in MSME Sector to Bring Financial Stability

The Emergency Credit Linked Guarantee Scheme (ECLGS) scheme announcement made for MSME's. To shield the MSME's from unexpected financial distress and support their operational activities as it is important to note, MSME's play a significant role and contribute majorly into...

MSME Insurance Coverage is Low; Safety Net for Micro Entrepreneurs is Salient

Insurance coverage in the MSME segment is way behind and standalone MSME’s and SME’s require insurance coverage as a safety net for their business to withstand business risk and remain resilient to unannounced dangers that often hamper running business...

How can MSMEs embrace innovation to find success in a post-covid world?

MSMEs are the growth engines of the Indian economy as they contribute highly towards the socio-economic development of India. For many years, MSMEs in India have been playing a pivotal role by contributing around 30% to Indian GDP. After...

Ministry of MSME Extends Validity of Udyog Aadhaar Memorandum from 31st March, 2021 to 31st December, 2021

Ministry of Micro, Small and Medium Enterprises has issued an amendment to the original notification No. S.O. 2119 (E) dated 26.06.2020 vide 2347(E) dated 16.06.2021, extending the validity of EM Part-II and UAMs from 31.03.2021 to 31.12.2021. This would...

Nirmala Sitharaman assures industry of Government’s support; Industry should wait & watch to assess the situation

With all steps taken by the Government , we hope to see positive change : Finance Minister Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman, here today urged the industry to wait and watch for next few days...

Indian Standards are now available Free of Cost

50% Reduction in the Minimum Marking fee for Micro industry and start-ups and women entrepreneurs, old licensees will also get additional 10% rebate Major incentive for "Start Ups & Women Entrepreneurs" Entire process of certification, including grant of license, renewal of...

Budget carries a vision of Aatmanirbharta and inclusion of every citizen: PM Modi

The Budget will bring positive changes for individuals, investors, industry and infrastructure sector: PM Villages and our farmers are at the heart of this Budget: PM PM says that the Budget showcases India’s self-belief The Prime Minister, Shri Narendra Modi has said...

Budget 2021 lays the foundation for building an ‘Aatmanirbhar Bharat’ – Dr. Mahendra Nath Pandey

Union Minister for Skill Development and Entrepreneurship Dr. MahendraNath Pandey has welcomed the General Buget proposals presented in the Lok Sabha today saying, it lays the foundation for building an ‘Aatmanirbhar Bharat’. He said, the Budget is transparent and...

FDI can be explored in NBFCs to strengthen them for extending support to MSMEs – Shri Nitin Gadkari

Shri Nitin Gadkari, Union Minister for MSME and Road Transport and Highways held meetings via video conferencing with the representatives of Council of Leather Export, FICCI-‘NBFC Program’ and IMC Chamber of Commerce and Industry on impact of COVID-19 on...

Shri Arvind Kumar Sharma Assumes Charge as Secretary, Ministry of Micro, Small and Medium Enterprises

Shri Arvind Kumar Sharma (IAS) today assumed charge as Secretary, Ministry of Micro, Small and Medium Enterprises. Starting the work on war footing, he held a held important meetings with senior officers to review the work of the Ministry...
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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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