Page-2 of MSME sector

Mega International Summit on MSMEs’ Competitiveness and Growth

March 29, 2022

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 Institute of India, Ahmedabad from 29th March 2022 in New Delhi. Who ..

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Raising and Accelerating MSME Performance (RAMP) Programme

February 2, 2022

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 ..

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Facebook India launched ‘Small Business Loans Initiative’

August 21, 2021

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 platform, Indifi. It will extend help to small and medium businesses (SMBs) ..

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GoI forms five task forces to revive MSME sector

September 25, 2020

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 will make the micro, small and medium enterprises (MSME) future ready. It ..

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Banks sanction loans worth over Rs 1.5 lakh crore under ECLGS for MSME

August 20, 2020

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 sector. The top three lenders under the scheme are the State Bank ..

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Weavers Samman Yojana launched by Karnataka

July 6, 2020

On July 6, 2020, the state Government of Karnataka launched the “Weavers Samman Yojana”. Under the scheme, 19,744 handloom weavers will be assisted financially. Highlights The State Government under the new scheme will transfer Rs 2,000 to the weavers’ accounts ..

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