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...
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...
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)...
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...
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...
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...
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...
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....
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...
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....
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...
