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Thursday, November 7, 2024

MSMEs

International Cooperation With MSMEs

To encourage international cooperation between various countries and the MSMEs in the country, Ministry of Micro, Small and Medium Enterprises(MSME) is implementing International Cooperation Scheme, a Central Sector Scheme. The scheme is in operation since its inception in 1996....

Impact of Manufacturing and Sale of Fake Khadi Products

Khadi and Village Industries Commission (KVIC) is viewing the Manufacturing and sale of fake Khadi products by some unauthorized outlets selling products in the name of Khadi very seriously and is closely and constantly searching for such entities, to...

Can Automation Transform MSME Sector of India?

Automation for MSMEs of India has immense potential to transform the way enterprises operate. The adoption of automotive technologies came in the form of driverless automobiles, robot helpers, delivery drones, and many more for businesses. The Dubai Metro, for...

Here’s why North East India must be the focus for MSMEs expansion and growth

North-East India comprising seven sister states covers 263179 Km/Sq. of India. The region enjoys a strategic geographical location with an international border of 5,182 km. The North-East region is India’s gateway to south-east Asia. This unique geography can become a boon...

How can MSMEs embrace innovation to find success in a post-covid world?

MSMEs are the growth engines of the Indian economy as they contribute highly towards the socio-economic development of India. For many years, MSMEs in India have been playing a pivotal role by contributing around 30% to Indian GDP. After...

Financial Assistance to MSMES

The National Small Industries Corporation Limited (NSIC), a Public Sector Undertaking under the Ministry of MSME, facilitates Micro, Small and Medium Enterprises (MSMEs) to meet their raw material requirement by making arrangements with bulk manufacturers for procuring the materials...

Flipkart Wholesale bets big on challenger brands to succeed in the digital B2B ecosystem

Challenger brands witness sales growth of 1.5X in 2021 with Flipkart Wholesale New Delhi – September 13, 2021: Flipkart Wholesale, the digital B2B marketplace of India's homegrown Flipkart Group has been successfully taking brands on its platform to markets across...

Programme and Policy initiatives to provide relief to MSMEs due to Covid-19 pandemic

The Government of India simplified the process of registration of MSMEs by replacing the Udyog Aadhaar Memorandum (UAM) with Udyam Registration (UR) on 1st July 2020. UR is free of cost, transparent, online, hassle free and is based on...

Government includes Retail and Wholesale Trade as MSMES

From 2nd July, 2021, the Government has included Retail and Wholesale Trades as MSMEs. The Government, vide notification no. S.O. 2119(E) dated 26.06.2020, had notified composite criteria of classification of MSMEs based on investment in plant and machinery or equipment and...

Policies for MSMEs initiated by Government

Expansion and Increase in Capacity of MSMEs The Government of India has announced Fund of Funds with the nomenclature Self Reliant India (SRI) Fund to infuse  Rs. 50,000 crore as equity funding in those MSMEs which have the potential and...
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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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