Page-7 of MSME

Jagananna Chedodu Scheme launched

The Andhra Pradesh Chief Minister Jagan Mohan Reddy recently launched “Jagananna Chedodu” scheme. The scheme is to provide financial assistance to barbers, tailors and washer men. Highlights The Jagananna Chedodu scheme is to provide Rs 10,000 per person. It is ..

Month: 

Atal Innovation Mission: To promote Entrepreneurship

On June 5, 2020, the Council of Scientific and Industrial Research (CSIR) and Atal Innovation Mission came together to promote culture of innovation and entrepreneurship in areas of mutual interest. Highlights The CSIR incubators will work under Atal Innovative Mission ..

Month: 

GoI: No New Schemes for a year

On June 5, 2020, the Government of India announced that no new schemes will be approved till March 31, 2021. Till then, the schemes under Pradhan Mantri Garib Kalyan Yojana and Atma Nirbhar Bharat Abhiyan are to be implemented. Highlights ..

Month: 

Loans worth Rs 3,200 crores sanctioned under Atma Nirbhar Bharat Abhiyan

On June 2, 2020, the Public Sector Banks sanctioned collateral free loans that were worth Rs 200 crores. The complete Rs 200 crore sanction was done in a single day. Highlights The PSBs are set to sanction Rs 3,200 crores ..

Month: 

Union Cabinet approves change of definition of MSMEs

On June 1, 2020, the Union Cabinet approved the changes made to the definition of MSMEs. The Finance Minister Nirmala Sitaraman had announced about the changes being made to MSMEs while she announced the economic package allocated to Atma Nirbhar ..

Month: 

Technology Platform called CHAMPIONS launched by PM Modi

On June 1, 2020, the Prime Minister Narendra Modi launched technology platform called CHAMPIONS. CHAMPIONS Stand for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. Highlights The portal aims to make smaller units big ..

Month: 

Pradhan Mantri Ujjawala Yojana: 6.8 crore free Cylinders distributed

On May 21, 2020, the Government of India announced that around 6.8 crore free cylinders have been distributed under Prdhan Mantri Ujjawala Yojana. Highlights Under the scheme, free LPG cylinders are being provided by the Ministry of Petroleum and Natural ..

Month: 

E-Conclave for Defence MSMEs held

On May 21, 2020, the Union Defence Minister Rajnath Singh chaired the E-Conclave of Defence MSME (Micro Small and Medium Enterprises). Highlights The E-conclave was organized by CII (Confederation of Indian Industry), SIDM (Society of Indian Defence Manufacturers) and Department ..

Month: 

26 Defence Items approved by Defence Ministry to boost Make in India

On May 20, 2020, the Ministry of Defence approved procurement of 26 defence items to boost “Make in India” initiative. This was done through the amendment of Public Procurement Order 2017. Highlights The Ministry of Defence has so far notified ..

Month: 

Cabinet meets to approve several initiatives under Atma Nirbhar Bharat Abhiyan

On May 20, 2020, the union cabinet approved several initiatives under Atma Nirbhar Bharat Abhiyan that was launched by PM Modi recently. Highlights The Union Cabinet has approved allocation of food grains, adoption of auction methodology for coal, issuance of ..

Month: