MSME Current Affairs, GK & News

Revised Guidelines of Micro and Small Enterprises-Cluster Development Programme (MSE-CDP)

The central government has given its approval for the revised guidelines of its key scheme named Micro and Small Enterprises-Cluster Development Programme (MSE-CDP). This is to be implemented during the 15th Finance Commission cycle, i.e. FY22 to FY26. Various departments like Special Purpose Vehicle, MSME-Development Institute, and state governments had suggested simplifying the guidelines of ..

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MSME Sustainable (ZED) Certification Scheme

Narayan Rane, Union Minister for Micro, Small and Medium Enterprises launched the MSME Sustainable (ZED) Certification Scheme on 28th April 2022. ZED has the potential of becoming a national movement and it has the aim of providing a roadmap to global competitiveness for the MSMEs of the country. Overview: ZED will be attempting to improve ..

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“Enterprise India” Initiative

Narayan Rane, Union Minister for Micro, Small and Medium Enterprises has inaugurated the MSME Ministry’s Mega Event titled “Enterprise India” on the 27th of April 2022. This event is in line with the Azadi Ka Amrit Mahotsav. About Enterprise India It is a series of entrepreneurship development activities and events that are being organized from ..

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GeM Portal: 1 Lakh Crore Procurement

In the current fiscal year, goods and services procurement from the government portal GeM has crossed the mark of Rs 1 lakh crore. This occurred due to a growth in the buying activities by various departments and ministries. Overview: With this newly achieved figure, GeM has been ranked among the world’s top five systems for ..

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Credit Guarantee Scheme for Subordinate Debt (CGSSD)

On 14th March Ministry of Micro, Small and Medium Enterprises (MSMEs) announced the extension of the Credit Guarantee Scheme for Subordinate Debt (CGSSD) by another year. About extension of the scheme Launched in June 2020, the Credit Guarantee Scheme for Subordinate Debt (CGSSD) was initially valid till March 31st, 2021. However, the scheme was later ..

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