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Page-7 of Topic: MSME

Rs 20 Lakh crore Economic Package: MSME, EPF, NBFC, MFI, Real Estate Benefited

The Government of India had earlier launched Pradhan Mantri Garib Kalyan Yojana. Under which Rs 1.7 lakh crore was allocated. The Lock Down 4.0 that is to be...

May 13, 2020

Ministry of MSME launches “Champions Portal”

On May 12, 2020, the Ministry of MSME (Micro Small and Medium Enterprises) launches Champions Portal. The portal acts as a technology driven control room cum management information...

May 12, 2020

MSME: Technology Centres help to manufacture micro parts of COVID-19 kits

The technology centres that are operating under the Ministry of MSME (Micro, Small and Medium Enterprises) are manufacturing critical parts of the RT-PCR (Reverse Transcription Polymerase Chain Reaction)...

May 12, 2020

New Agro MSME Policy to be implemented

The Government of India is to implement a new Agro MSME policy. The policy is to focus entrepreneurship in rural, tribal, forest and agricultural areas. Highlights The Union...

May 6, 2020

1 Trillion INR Package for MSME

The government is working on a 1 trillion INR package for aiding the MSME sector. In addition to this, the GST refunds and the change in definition of...

April 28, 2020

GoI launches online Data Pool of Human Resources

On April 19, 2020, the Government of India launched Online Data Pool of Human Resources to combat COVID-19. Highlights The GoI launched online data pool at https://covidwarriors.gov.in. It...

April 20, 2020

CBDT releases relief funds to MSME

The Central Board of Direct Taxes (CBDT) issued Rs 5,204 cores as relief funds to MSME (Micro Medium and Small Enterprises) sector. Around 8.2 lakh small businesses have...

April 18, 2020

COVID-19: What are Red, Orange and Green Zones?

On April 11, 2020, PM Modi interacted with the Chief Ministers of the states through video conferencing. During the meet, most of them favoured extending the lock down....

April 12, 2020

ADB assures 2.2 billion USD loan to India

India had earlier approached Asian Development Bank and Asian Infrastructure Investment Bank for loans to fight against COVID-19. With India’s request, the ADB has assured a loan of...

April 11, 2020

SAFE Scheme: SIDBI provides working capital of Rs 1 crore to MSME

On April 8, 2020, the Small Industries Development Bank of India announced that it will provide emergency working capital of Rs 1 crore to small and medium enterprises....

April 8, 2020

CII sets up COVID-19 Rehabilitation and Relief Fund

The Confederation of Indian Industries has set up funds to assist rehabilitation of micro, small and medium enterprises. The fund is to be raised from the members of...

March 26, 2020

Recapitalization of Regional Rural Banks approved by Union Cabinet

The Union Cabinet under the chairmanship of PM Modi on March 25, 2020, approved the recapitalization of regional rural banks (RRB) to improve the capital to risk weighted...

March 26, 2020

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