Page-2 of Growth of MSMEs

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 ..

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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 ..

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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, Small and Medium Enterprises (MSMEs) in the state. Highlights The Small Industries ..

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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 the country. Highlights The funds are to be used to strengthen small ..

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UP announces CMAPS and YUVA schemes during the budget

The Uttar Pradesh government on Tuesday announced two new schemes during its budget presentation. Under the proposed ‘Chief Minister Apprenticeship Promotion Scheme (CMAPS)’, youth of the state in MSME units are to given on-job training and employment. A stipend is ..