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 Medium Enterprises (MSME) sector. This article explores the purpose, importance, and outcomes ..
Month: Current Affairs - May, 2023
Category: India Nation & States Current Affairs
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 by the Indian Government. It is a SEBI-registered category-II Alternative Investment Fund ..
Month: Current Affairs – November, 2022
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
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 the same year. The draft industrial policy focuses on upgradation of skills ..
Month: Current affairs - September, 2022
Category: Economy & Banking Current Affairs • India Nation & States Current Affairs
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 to raise awareness about the National SC-ST Hub (NSSH) scheme and other ..
Month: Current affairs - September, 2022
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
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 crores. The programme is to be implemented for 5 years. About the ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
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 in a bid to create more economic opportunities across the state. This ..
Month: Current Affairs - June, 2021
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 and gig workers. Empowerment will be done by providing easy to use ..
Month: Current Affairs - June, 2021
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 Points MSMEs will only require PAN and Aadhaar for registration. One the ..
Month: Current Affairs - June, 2021