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...
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...
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...
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...
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...
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...
Flipkart Wholesale app will now be available for fashion retailers in Patna, Purnea, Katihar, Munger, Madhubani, Bhagalpur and Muzaffarpur
Small retailers can order fashion products online from the safety of their homes and avail of attractive savings offers, an...
Minister for Road Transport & Highways and MSME Shri Nitin Gadkari has said that GST will help achieve the vision of five trillion dollar Indian economy by 2025. Addressing a webinar on the “GST Day” on the theme "THE JOURNEY...
On account of the disruptions caused by the second wave of COVID 19 specially on healthcare sector, the Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved Loan Guarantee Scheme for Covid Affected Sectors (LGSCAS) enabling...
A Webinar on ‘The Element of Hope in the COVID Era: Oxygen’ was organised by the Indian Chest Society in association with CSIR-CMERI on 27th June 2021. Prof. Harish Hirani, Director, CSIR-CMERI, was the Chief Speaker for the Virtual...
