Topic: MSME sector
Udyami Bharat-MSME Day
Udyami Bharat-MSME Day is an important occasion that highlights the achievements and potential of Micro, Small, and Medium Enterprises (MSMEs) in India. This year, the event will be...
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...
Defence Ministry is top buyer of MSME Goods in 2022
The Government e–Marketplace was launched in 2016. It is an online platform used for procuring goods and services online. The main aim of GeM is to increase transparency,...
FIT Rank for MSMEs
TransUnion CIBIL and Online PSB Loans Limited (OPL), under the mentorship of SIDBI, collaborated to launch the FIT Rank for MSMEs. What is FIT Rank? FIT Rank is...
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...
SIDBI – D&B SPeX
Small Industries Development Bank of India (SIDBI) and Dun & Bradstreet have recently inked a Memorandum of Understanding (MoU) to create the SIDBI-D&D Sustainability Perception Index (SIDBI –...
Mega International Summit on MSMEs’ Competitiveness and Growth
A two-day international summit on MSMEs’ Competitiveness and Growth is being organized by the Ministry of Micro, Small, and Medium Enterprises (MSME) in cooperation with the Entrepreneurship Development...
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...
Facebook India launched ‘Small Business Loans Initiative’
Facebook India has launched a new initiative called the “Small Business Loans Initiative” on August 20, 2021. Key Facts This initiative was launched in partnership with online lending...
GoI forms five task forces to revive MSME sector
On September 23, 2020, the Government of India formed five task forces in five different key areas to boost the MSME sector in the country. The task forces...
Banks sanction loans worth over Rs 1.5 lakh crore under ECLGS for MSME
The finance ministry declared, Public and Private Sector Banks have disbursed loans over Rs 1.5 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME...