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Friday, May 10, 2024

online Portal “Champions”

Status of MSMEs and SMEs

The COVID-19 epidemic has temporarily affected various sectors including Micro, Small and Medium Enterprises in the country. Economic activity contracted due to the strict lockdown measures imposed by the Government. This contraction has also had impact on the MSME...

Startups and Small Companies Shutdown during Covid

The COVID-19 epidemic has temporarily affected various sectors including Micro, Small and Medium Enterprises in the country. Economic activity contracted due to the strict lockdown measures imposed by the Government. This contraction has also had impact on the MSME...

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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Latest News

Electronics Component Manufacturing: Govt’s New PLI Scheme to Reduce Foreign Reliance

The Indian government is taking significant steps towards establishing a self-reliant electronics industry with its new production-linked incentive (PLI)...
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