Ministry of MSME Current Affairs, GK & News

HDFC-NSIC pact to provide Credit Support to MSMEs

HDFC Bank has signed a Memorandum of Understanding (MoU) with National Small Industries Corporation (NSIC) to offer and strengthen credit support to MSMEs across India. Highlights Partnership with NSIC will help in boosting the MSME Sector growth which is the backbone of India in terms of economic development as well as job creation. Under this ..

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Govt announces inclusion of retail and wholesale trades under MSMEs

Minister of MSME, Nitin Gadkari, announced on July 2, 2021 about revised guidelines for MSMEs which has included retail and wholesale trade under Micro, Small & Medium (MSME) Enterprises. Key Facts Inclusion of retail & wholesale trades mean that retail & wholesale trade will be able to avail benefits like priority sector lending under RBI ..

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Khadi Agarbatti Aatmanirbhar Mission

Union Minister for MSME, Shri Nitin Gadkari approved Khadi Agarbatti Aatmanirbhar Mission. It is a unique employment generation program proposed by Khadi and Village Industries Commission (KVIC). It will India Aatmanirbhar in Agarbatti production. About Khadi Agarbatti Aatmanirbhar Mission It aims at creating employment for unemployed and migrant workers in different parts of the country ..

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‘Bank of Schemes, Ideas, Innovation & Research’ Portal launched on MSME

The Union Minister of MSME recently launched the portal for collecting and sharing of ideas on a wide range of topics to help MSMEs. About the Portal The Bank of Schemes, Ideas, Innovation and Research portal (http://ideas.msme.gov.in/) was launched by the Union Minister of MSME. It will enable the sharing and rating of ideas, innovation ..

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1 Trillion INR Package for MSME

The government is working on a 1 trillion INR package for aiding the MSME sector. In addition to this, the GST refunds and the change in definition of MSME are to be expedited. About the Package The Union Minister of MSME announced that the government is working on a 1 trillion INR package for MSME ..

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