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Friday, November 8, 2024

MSMEs

Implementation of Schemes for MSMEs

The Government has taken a number of initiatives under the Aatma Nirbhar Bharat Abhiyan to promote the Micro, Small and Medium Enterprises (MSMEs) sector in the country. The details of two major schemes are as under: Emergency Credit Line...

The government operates a number of initiatives to improve digitalization for MSMEs.

In the Budget Announcement made by Hon’ble Finance Minister on 1st February 2022, it was said that “Udyam, e-Shram, National Career Services (NCS) portal and Aatmanirbhar Skilled Employees Employer Mapping (ASEEM) portals will be interlinked. Their scope will be...

E-Commerce Platforms for MSMEs

The National Small Industries Corporation, a PSU under the Ministry of Micro, Small and Medium Enterprises (MSME) facilitates ecommerce platforms service to MSMEs across the country through MSME Global Mart Web Portal to enhance their business. The salient features...

The Khadi & Village Industries Commission

Delhi High Court holds the ‘KHADI’ mark along with the ‘Charkha’ logo well-known The Khadi & Village Industries Commission (KVIC) approached the Delhi High Court this July seeking permanent injunction, costs and damages against an entity called ‘Khadi by Heritage’...

Pradhanmantri’s Mudra Loan Scheme in India

The launch of the much awaited Pradhanmantri’s MUDRA Loan Scheme in India has facilitated many small and independent entrepreneurs in India who can avail hassle free loans to start their business enterprises. For a long time, these small entrepreneurs...

Regular Source of Working Capital for MSMEs

To address the regular requirement of working capital including small ticket size loan by Micro, Small and Medium Enterprises (MSMEs) and to stay afloat, the Government has taken a number of initiatives in recent years which inter-alia includes measures...

Aatmanirbhar Bharat Scheme

The Government has taken a number of initiatives under the Aatma Nirbhar Bharat Abhiyan scheme to mitigate the negative impact of Covid-19 on small businesses, including MSMEs, in the country. Some of them are: Rs. 20,000 crore Subordinate Debt...

Importance of MSME’s in Indian economic growth

The Govt. of India has enacted the Micro, Small & Medium Enterprises Development (MSMED) Act, 2006 on June 16, 2006 which was notified on 2nd October, 2006 to deal with the definition of MSME’s. The Enterprises are defined in...

Revised guidelines of national hub scheme

MSME’s have a very important role to play in the economy of the country like India. The development of MSME’s is essential to meet the national imperatives of financial inclusion and generation of significant levels of employment opportunities across...

Latest Data on MSMEs

The Ministry of MSME, maintains data of registration of MSMEs, cancellation of registration and employment on Udyam Registration Portal. For more information also read - https://smeventure.com/bpo-promotion-schemes-under-digital-india-programme/ The data on credit outstanding to the MSME sector by Scheduled Commercial Banks for the...
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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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