MSME: GK, General Studies and Current Affairs

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 ..

Defence Minister Raj Nath Singh approves new DRDO Procurement Manual 2020

On October 20, 2020, the Defence Minister Rajnath Singh approved a new Defence Research Development Organization Procurement Manual, 2020. The main objective of release of the manual is to encourage MSME (Micro Small and Medium Enterprises) in Research and Development. Highlights The manual will simplify processes of procurement and will therefore, facilitate indigenous defence industry. ..

National Supercomputing Mission: MoUs signed to make India self-Reliant

On October 12, 2020, the National Supercomputing Mission and C-DAC hosted institutes to sign Memorandum of Understanding to make India self-reliant in manufacturing critical components of supercomputers. Highlights C-DAC is currently in the process of accelerating research and innovation in manufacturing supercomputing components. This is a major step towards achieving Atma Nirbhar Bharat. The MoU ..

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 will make the micro, small and medium enterprises (MSME) future ready. It will create concrete strategies in making the country a lead exporter. About the Task Force ..

Rajasthan Partners with SIDBI to develop MSMEs

Industries Minister Parsadi Lal Meena said that Rajasthan’s Department of Industries and Sidbi partnered on September 12. 2020 to provide financial, technical, marketing and export support to Micro, Small and Medium Enterprises (MSMEs) in the state. Highlights The Small Industries Development Bank of India (Sidbi) has signed a memorandum of understanding (MoU) with Rajasthan Government. ..