Page-3 of MSME sector
June 27: International MSME Day
Every year, the International MSME (Micro, Small and Medium Enterprises) Day is celebrated on June 27 by the United Nations. Highlights The day was declared as MSME day on the 74th Plenary meet of UN General Assembly in 2017. The ..
Month: Current Affairs - June, 2020
Pradhan Mantri Mudra Yojana
On June 24, 2020, the Union Cabinet under PM Modi approved the scheme for interest subvention of 2% to all Shishu loans under Pradhan Mantri Mudra Yojana (PMMY). Highlights The scheme is to be extended to loans that will meet ..
Month: Current Affairs - June, 2020
Scheme with Guarantee Cover worth Rs 20,000 Crore launched for MSMEs
This scheme was announced as a part of the AtmaNirbhar Bharat Package by Finance Minister back on 13th May 2020. On 24th June 2020, the Credit Guarantee Scheme for Sub-ordinate Debt (CGSSD) was launched. The scheme is also called as ..
Month: Current Affairs - June, 2020
TRIFED launches ‘Tech for Tribals’ initiative
Tribal Cooperative Marketing Development Federation of India (TRIFED) has launched an initiative called ‘Tech for Tribals’ in partnership with Institutes of National Importance (INIs) to promote entrepreneurship among tribal people. The initiative, which is supported by Ministry of MSME, aims to ..
First Silk Processing plant in Gujarat to boost “PATOLA SAREE” production
On January 3, 2020, the Khadi and Village Industries Commission (KVIC) inaugurated the first “Patola Saree” production unit in Gujarat. This will help to cut down the cost of silk yarn production and also will increase the sale of raw ..
Month: Current Affairs - January, 2020
Bharatcraft portal: Government to launch e-commerce marketing platform
Union Minister Nitin Gadkari has announced that Union Ministry of Micro, Small and Medium Enterprises (MSMEs) is planning to launch Bharatcraft portal, a desi version e-commerce marketing platform. It will be based on the lines of e-commerce behemoths such as ..