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Self Reliant India (SRI) Fund

November 9, 2022

The Indian Government’s Self Reliant India (SRI) Fund committed Rs.5,000 crore in a year. What is SRI Fund? Self Reliant India (SRI) Fund is Rs.10,000 crore fund launched by the Indian Government. It is a SEBI-registered category-II Alternative Investment Fund ..

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Kerala’s Draft Industrial Policy

September 29, 2022

Kerala recently unveiled a draft industrial policy. Key features The new industrial policy would be released in January 2023 and it will be effective from April 1 of the same year. The draft industrial policy focuses on upgradation of skills ..

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KVIC launches 72 units under PMEGP

September 17, 2022

The Union MSME minister Narayan Rane recently inaugurated 72 units assisted under the PMEGP and disbursed margin money subsidy to 720 PMEGP beneficiaries. What is PMEGP? The Prime Minister’s Employment Generation Programme (PMEGP) is a flagship scheme of the Union ..

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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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