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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 ..
Month: Current Affairs - November, 2020
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 ..
Month: Current Affairs - November, 2020
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 ..
Month: Current Affairs - October, 2020
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. ..
Month: Current Affairs - October, 2020
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 ..
Month: Current Affairs - October, 2020
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 ..
Month: Current Affairs - September, 2020
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 ..
Month: Current Affairs - September, 2020
Kerala to build country’s first International Women Trade Centre
In association with United Nations sustainable development goals (SDGs), Kerala will set up India’s first international women’s trade centre (WTC), at Angamaly (a city in Kochi, Kerala). Objective The recent move aims to accelerate women entrepreneurship and secure gender parity ..
Month: Current Affairs - August, 2020
Khadi Agarbatti Atma Nirbhar Mission: Highlights
The MSME Minister has approved a mission in order to generate employment as well as to make the country self-reliant with regard to the agarbatti production. This scheme, to be administered by the Khadi and Village Industries Commission, will focus ..
Month: Current Affairs - August, 2020
SIDBI, TransUnion CIBIL launch financial knowledge platform for MSMEs
The Small Industries Development Bank of India (SIDBI), in association with TransUnion CIBIL, has launched a comprehensive financial education and knowledge platform meant for the micro, small and medium enterprises functioning in the country. Highlights Known as MSMESaksham, this new ..
Month: Current Affairs - July, 2020