MSME Current Affairs, GK & News

RBI’s Second Cohort under Regulatory Sandbox

The Reserve Bank of India recently announced the second cohort under Regulatory Sandbox. It was announced under the theme of “Cross Border Payments”. What is Regulatory Sandbox? The Regulatory Sandbox refers to live testing of new products and services in a controlled environment. The companies can test their product viability without the need for a ..

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Project Kirana launched by Mastercard and USAID

On November 19, 2020, Mastercard and United States Agency for International Development launched “Project Kirana”. The programme will enable women entrepreneurs to grow, launch and thrive. What is the plan? Under Project Kirana, a two-year programme is to be rolled out in selected cities such as Kanpur, Lucknow and Varanasi of Uttar Pradesh. The project ..

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Udyam Scheme: 11 lakh MSMEs registered

On November 7, 2020, the Government of India announced that over 11 lakh MSMEs have registered on the new online system of Udyam Registration. It was launched in July 2020. Key Highlights According to GoI, over 3.72 lakh have been registered under manufacturing category and 6.31 lakh have registered under service sector. Of these registered ..

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Invest India and AYUSH Ministry sets up “Strategic Policy and Facilitation Bureau”

The Ministry of AYUSH and Invest India will set up “Strategic Policy and Facilitation Bureau” to facilitate systematic growth of AYUSH sector. Highlights The Bureau will help to make AYUSH systems future ready. It will support in making initiatives under the ministry to its full potential. Also, it will help to initiate the growth and ..

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India attends 6th BRICS Parliamentary Forum

On October 27, 2020, Indian Parliamentary delegation under the leadership of Lok Sabha speaker Om Birla attended the sixth BRICS Parliamentary Forum. It was chaired by the Chairman of State Duma of the Federal Assembly of Russia. The speakers and members of other BRICS parliaments such as Brazil, China and South Africa participated in the ..

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