Women-led enterprises now account for 39% of India’s registered MSMEs, and the government wants that share to rise to 50%, according to MSME Secretary Bharat Khera. Speaking at an event organised by India SME Forum with Google India, Khera...
The Ministry of MSME has made TReDS the mandatory settlement route for all operational Central Public Sector Enterprises when paying MSME suppliers for goods and services. The new rule is meant to speed up payments, improve transparency and give...
India’s commercial credit market has grown into a Rs 65.8 lakh crore ecosystem, but the benefits have not yet reached most registered MSMEs. According to the latest MSME Pulse Report by TransUnion CIBIL and SIDBI, only 41% of India’s...
The National SC-ST Hub Scheme of the Ministry of MSME is helping entrepreneurs from Scheduled Castes and Scheduled Tribes strengthen their businesses through capacity building, structured mentorship and market support. The initiative is designed to remove long-standing barriers such...
Greater adoption of factoring and TReDS could give MSMEs much-needed liquidity support and help them become more competitive in export markets. Industry leaders said these financing tools can reduce cash-flow pressure, speed up working capital access and make it...
India’s largest cities are tightening their grip on entrepreneurship, with Kolkata, Surat and Greater Hyderabad accounting for more than 22% of all unincorporated business establishments across the country’s 46 million-plus cities, according to a new MoSPI report. The findings...
India’s MSME sector continues to be one of the country’s biggest economic engines, contributing 31.1% to GDP, 35.4% to manufacturing output and 48.58% to exports, according to the Ministry of MSME. The ministry also said formal registrations on the...
A recent government update outlines a coordinated set of quality, certification and credit measures designed to support India’s MSME sector. From phased Quality Control Orders (QCOs) with explicit relaxations, to Bureau of Indian Standards (BIS) fee concessions and Reserve...
The Haryana chapter of the Rashtriya Jan Udyog Beopar Sangathan has called for the establishment of a dedicated MSME grievance redressal board, aimed at resolving small business challenges more efficiently. Addressing mediapersons in Panipat, Gulshan Dang, State President of...
The Pension Fund Regulatory and Development Authority (PFRDA) has announced plans to introduce new pension schemes aimed at expanding coverage among gig workers, MSMEs, Farmer Producer Organisations (FPOs), and Self-Help Groups (SHGs). The announcement was made by PFRDA Chairman...
