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Saturday, April 27, 2024

MSMEs

MSME Competitive (LEAN) Scheme: Is this the Future of Manufacturing?

As the manufacturing sector continues to evolve, the MSME Competitive (LEAN) Scheme stands out as a beacon for Micro, Small, and Medium Enterprises (MSMEs) aiming for efficiency and competitiveness in the future. Initiated by Narayan Rane, the Union Minister...

45-Day Payment Rule: MSMEs Prepare for Impending Deadline

With the clock ticking towards the April 1 deadline, MSMEs are hustling to revise their agreements with traders and buyers in anticipation of the new 45-day payment rule. The lack of deliberation has led to apprehensions among MSMEs regarding...

Invoicemart Facilitates INR 1 Lakh Crores in MSME Invoice Financing

Invoicemart, India’s largest Trade Receivables Discounting System (TReDS) platform, proudly announces a monumental achievement in the fintech landscape. The platform has successfully enabled MSME Invoice Financing totaling an impressive INR 1 lakh crores. This has solidified its position as...

MSMEs in Kashmir: NIT Srinagar Leads Awareness Programme

In a significant endorsement of the critical role played by MSMEs in bolstering employment, the National Institute of Technology (NIT) Srinagar recently spearheaded an extensive awareness campaign. The week-long programme aimed at sensitizing MSMEs in Kashmir concluded successfully. It...

Kerala’s MSME Sector: A Growing Force

Kerala’s MSME sector has made a big leap by adding over one lakh ventures for the second consecutive year in 2023-24. This takes the total number of newly set up units to 2,40,396 since the launch of the Year...

CM Yogi Adityanath Spurs Local MSMEs, Ousts Chinese Products

In a notable stride towards supporting micro, small, and medium enterprises (MSMEs), the Uttar Pradesh government, led by CM Yogi Adityanath, has announced the rollback of land conversion charges imposed on industrial activity over agricultural land. Efforts to Boost Local...

MSME Exports: Charting a Path to International Success

Micro, small, and medium enterprises (MSMEs) constitute a vital component of India's economic framework, contributing significantly to employment and GDP. However, despite their importance, only a fraction of enterprises are actively engaged in MSME exports, presenting a considerable untapped...

Green Tourism on The Rise: Trends in 2024

The global tourism industry has witnessed a paradigm shift towards sustainable practices, with small and medium-sized enterprises (SMEs) at the forefront of this transformative movement. Green tourism, also known as eco-tourism, has gained significant traction as environmentally conscious travelers...

9th Shakti International Women Entrepreneurs Summit: Highlights

Union Minister for MSME, Narayan Rane, lauded the remarkable surge in women entrepreneurship within the MSME sector during the 9th Shakti International Women Entrepreneurs Summit held in New Delhi. With over 1.40 crore MSMEs now led by women, Rane...

PM Narendra Modi Urges MSMEs to Embrace Global Standards

Madurai, Tamil Nadu: Prime Minister Narendra Modi spearheaded a transformative discourse at the 'Creating the Future – Digital Mobility for Automotive MSME Entrepreneurs' event, engaging with thousands of Micro, Small, and Medium Enterprises (MSMEs) in the automotive sector. This...
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MSME Loan Schemes 2024: Empowering Growth and Sustainability

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India's economy, contributing significantly to GDP, employment generation, and...
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