Page-9 of Topic: MSME
PSBs disbursed Rs 4.91 lakh crore under the Customer Outreach Initiative in October and November 2019
In September 2019, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, announced the launched the Customer Outreach Initiative by the Public Sector Banks (PSBs) of India....
GoI new scheme: Rs 400 crores for testing MSME Defense products
The Government of India is planning to launch a new scheme to test defense products manufactured by MSMEs. In order to achieve this, the Ministry of Defence has...
India International Trade Fair Begins
The 39th India International Trade Fair is to begin in New Delhi on November 14, 2019. Around 25,000 people are expected to visit the fair. Theme: “Ease of...
Centre to introduce rating system for SMEs for easy loans
Centre is considering a proposal to introduce a rating system for small and medium enterprises (SME) to help them get credit easily. The announcement in this regard was...
GeM inks MoU with SIDBI for MSMEs
Government portal for public procurement GeM (Government e-marketplace) has inked MoU with Small Industries Development Bank of India (SIDBI) to boost MSME ecommerce sales. The MoU aims to...
Manufacturing Sector in India
Manufacturing refers to the process of manufacturing industrial goods in a factory, MSME, home factory etc. The Manufacturing sector of India has gone through several phases of development...
Stressed Asset Fund for MSMEs
The U.K. Sinha committee constituted by the Reserve Bank of India (RBI) to study the problems faced by MSMEs has recommended constituting stressed asset fund for domestic micro,...
Govt Plan to Curb Special Steel Imports
The Ministry of Steel is working on a proposal to impose quality control regulations on tinplate and tin-free steel. The Ministry of Steel is planning to mandate foreign...
KVIC distributes more than 1 lakh Bee-Boxes under ‘Honey Mission’
The Khadi and Village Industries Commission (KVIC) distributed more than one lakh bee-boxes among farmers and unemployed youths across India in less than two years under its ‘Honey...
PSBloansin59minutes.com emerges Largest Fintech Lending Platform
PSBloansin59minutes.com which was launched by Prime Minister Narendra Modi in 2018 has emerged as the country’s largest online lending platform, with loan sanctions exceeding over Rs 35,000 crore....
New Initiative SWAYATT and GeM Start-up Runway launched
The Union Minister of Commerce and Industries Suresh Prabhu launched SWAYATT (Start-ups, Women and Youth Advantage Through eTransactions) and GeM Start-up Runway. Objectives of SWAYATT SWAYATT will bring together...
