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HDFC – first to issue electronic bank guarantee

September 13, 2022

The HDFC Bank, the largest private sector bank in India, became the first bank in the country to issue an Electronic Bank Guarantee (e-BG). Key facts The HDFC bank recently launched the first-ever Electronic Bank Guarantee (e-BG) in collaboration with ..

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National Defense MSME Conclave and Exhibition

September 13, 2022

The two-day National Defense MSME Conclave and Exhibition began on September 11, 2022 in Kota, Rajasthan. Key Facts Defense equipment including T-90 and BMP-2 tanks, artillery guns, various types of sniper and machine guns and military bridges are on display ..

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

May 31, 2022

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 ..

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MSME Sustainable (ZED) Certification Scheme

April 29, 2022

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 ..

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“Enterprise India” Initiative

April 28, 2022

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 ..

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GeM Portal: 1 Lakh Crore Procurement

March 25, 2022

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 ..

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Credit Guarantee Scheme for Subordinate Debt (CGSSD)

March 16, 2022

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 ..

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MSME Innovative Scheme

March 11, 2022

On 10th March 2022, Narayan Rane, Minister of Micro, Small, and Medium Enterprises (MSMEs) launched the MSME Innovative Scheme. About the scheme MSME Innovative Scheme aims to guide the MSMEs in developing business ideas into viable business propositions. Thus the ..

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SAMARTH-Entrepreneurship Promotion Drive

March 8, 2022

On 7th March 2022, Union Minister for Micro, Small, and Medium Enterprises (MSME), Narayan Rane launched “SAMARTH”, a special entrepreneurship promotion drive for women. Highlights of the launch event At the launch event, the MSME minister held that there are ..

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NSE-Telangana MoU to Support MSMEs

March 8, 2022

To support micro, small and medium enterprises (MSME) to raise funds through the NSE Emerge platform, the government of Telangana and the National Stock Exchange of India has signed an MoU Overview: Under this MoU, the stock exchange, with the ..

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