Government has launched a World Bank supported Central Sector Scheme called Raising and Accelerating MSME Performance (RAMP). The scheme aims at strengthening institutions and governance at the Centre and State, improving Centre-State linkages and partnerships and improving access of...
According to statistics, investments in Indian startups have risen dramatically in recent years, from $6.6 billion in 2018 to $10 billion in 2020 and up to $36 billion in 2021. This demonstrates that India has a large number of...
Small firms and shops who are already under pressure due to the Covid-19 effect and skyrocketing inflation will be negatively impacted by a hike in the repo rate, which has a direct impact on lending rates. Retailers with few...
Right now, a big chunk of the revenue by this sector is generated from, in and around, the metro cities of Bengaluru, Chennai, Delhi NCR, Gurugram, Hyderabad, Kolkata, Mumbai and Pune. Other parts of the country, having availability of...
Micro Small and Medium Enterprises (MSMEs) are leading in the industries affected by COVID-19. Clear rules on access to financing, markets, and cutting-edge technologies, as well as a favorable environment produced by sensible government policies and legislation, can all...
Spice Money, a Rural Fintech company won 'Google Cloud Customer Awards' in three categories, namely Financial Services, Social Impact, and Diversity, Equity, and Inclusion.
Dilip Modi, Founder of Spice Money said, "As the country’s leading Rural Fintech, not only are...
Pradhan Mantri organises National Apprenticeship Mela on June 13 to provide employment opportunities
36+ sectors, 500+ trades, and 1000+ companies is partcipating in the Mela to provide employment opportunities
Ministry of Skill Development and Entrepreneurship will be organising the Pradhan Mantri...
Indian MSME’s require Foreign Investment to provide investors good viability, revenue
Nitin Gadkari, Union Minister, emphasised the importance of drawing more FDI into the MSME sector, stating that such businesses provide good viability and revenue to investors. The minister also...
The Central Government has approved New Guidelines of Central Sector Scheme “Promotion of MSMEs in North Eastern Region and Sikkim”. The scheme will be implemented during 15th Finance Commission Cycle (2021-22 to 2025-26). The Scheme is envisaged to provide...
Government schemes to provide security, technology support for Indian MSMEs
The Government of India developed the concept of Micro, Small, and Medium Enterprises (MSME), which is controlled by the Ministry of MSME and classifies businesses that are involved in the...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....