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Saturday, November 23, 2024

MSME

Increasing Employment Opportunities in MSMEs

As per the information received from Ministry of Statistics & Programme Implementation, share of MSME Gross Value Added (GVA) in All India GDP at current prices for the year 2019-20 was 30.0%. State wise break up of persons employed in...

Promoting Innovation and Upscaling in MSME

The Ministry of Micro, Small, and Medium Enterprises (MSME) has been implementing various schemes /programs to promote innovation and upscale MSMEs inter alia MSME Champions Scheme, Credit Guarantee Scheme, MSE Cluster Development Programme, Public Procurement Policy for MSMEs, and...

MSME’s National SC-ST Hub renders support-Story of Jagmohan Singh

Mr. Jagmohan Singh hails from the pavan village of Ludhiana in Punjab. He started his enterprise called J.J. Fasteners, a unit that engages in manufacturing a wide range of anchor bolts, industrial washers, and industrial bolts, etc. After working...

Support to MSME Sector

The World Bank has communicated to the Ministry of MSME that, in its Board meeting dated 4th June 2021, it has approved a loan of US $500 million (₹ 3750 Cr) to assist the Government of India’s program “Raising...

SIDBI has partnered with Google to provide up to Rs 1 crore in funding to MSMEs.

The Small Industries Development Bank of India (SIDBI) said on Thursday that it has formed a collaboration with Google India Pvt Ltd (GIPL) to test a social impact financing initiative that will provide MSMEs with up to Rs 1...

MSMEs are experiencing an increase in stress

MSMEs' stressed assets are likely to reach 18% by March 2022, according to CRISIL research. According to the report, the slowdown is due in part to the overall macroclimate, which has been damaged by the pandemic and has impeded...

The Handicrafts Cluster Development Scheme has been extended through 2026 in order to boost MSMEs’ productivity and exports.

With a total outlay of INR 160 crore, the Ministry of Textiles has approved the continuance of the Comprehensive Handicrafts Cluster Development Scheme (CHCDS). The programme will last until March 2026. This initiative would give handcraft artists with infrastructure...

MoU signed between COSIA and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to promote Indo-German Programme for Vocational Education and Training

Chamber of Small Industry Associations (COSIA) an apex body of MSMEs and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), GmbH federal enterprise commissioned by Ministry of Economic Co-operation and Development (BMZ) Government of Germany on 24th August, 2021 has signed...

Union Textile Minister Piyush Goyal takes review of Textile Sector Policies

Focused on MSMEs and need for developing special models to support small players Shri Piyush Goyal urged stakeholders to double exports across the board from all export promotion councils Develop Financial Instruments to provide backstopping to industry, which are not subsidy...

CSIR-CMERI, MSME DI, Indore, Indian Medical Association and Laghu Udhyog Bharti converge for empowering MSMEs for an Oxygen Sufficient India

Towards its efforts for empowering the MSMEs for an Oxygen Sufficient India, a webinar was organised on ‘Oxygen Enrichment Unit - Opportunities & Scope for Indian MSMEs’ by the MSME Development Institute, Indore in association with Laghu Udhyog Bharti,...
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Latest News

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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