Topic: Growth of MSMEs
National MSME Council
The inaugural meeting of the National MSME Council, held on 10th May 2023, marked a significant milestone in overseeing coordination, synergies, and advancements within the Micro, Small, and...
Self Reliant India (SRI) Fund
The Indian Government’s Self Reliant India (SRI) Fund committed Rs.5,000 crore in a year. What is SRI Fund? Self Reliant India (SRI) Fund is Rs.10,000 crore fund launched...
Kerala’s Draft Industrial Policy
Kerala recently unveiled a draft industrial policy. Key features The new industrial policy would be released in January 2023 and it will be effective from April 1 of... SC-ST Hub Conclave
The MSME ministry organized a national SC-ST hub conclave in Gujarat. Key facts The Ministry of Micro, Small and Medium Enterprises (MSME) organized the event on September 28...
Raising and Accelerating MSME Performance (RAMP) Programme
During the Union Budget 2022-23 presentation, the finance minister Smt Nirmala Sitaraman announced that RAMP programme is to be rolled out at an estimated cost of Rs 6,000... Odisha to set up “Investment Promotion Agency” in all districts
Government of Odisha has decided to set up district-level industry and investment promotion agencies in all the districts of state. Key points Such agencies would be set up... Mastercard-Instamojo tie up to assist MSMEs, Gig workers
Mastercard announced a strategic equity investment in Instamojo on June 28, 2021. Key Points Investments in India’s largest full-stack digital solutions provider, Instamojo, is aimed at empowering MSMEs...
Govt simplifies MSME registration process
Minister for Road Transport & Highways and Micro, Small and Medium Enterprises, Nitin Gadkari has simplified the of process for registration of Micro, Small & Medium Enterprises. Key...
Rajasthan Partners with SIDBI to develop MSMEs
Industries Minister Parsadi Lal Meena said that Rajasthan’s Department of Industries and Sidbi partnered on September 12. 2020 to provide financial, technical, marketing and export support to Micro,...
World Bank approves 750 million USD to support Indian MSMEs
On June 30, 2020, the world Bank approved 750 million USD of budget support to India. The funds are to be used to support 15 crore MSMEs in...
