MSMEs: Current Affairs, GK & News - 2020-2021

‘At One Click’ Initiative launched by Gujarat Government for MSMEs & Other Bigger Industries

Published: June 27, 2020

For 12,247 Micro, Small, and Medium Enterprises (MSMEs) and bigger industrial units (including the textile industry) in the state, the Gujarat Government on 26th June 2020 has launched an online cash aid initiative. The initiative is named as ‘At One Click’. The initiative was launched by the Chief Minister of Gujarat Vijay Rupani. About the ..

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Scheme with Guarantee Cover worth Rs 20,000 Crore launched for MSMEs

Published: June 24, 2020

This scheme was announced as a part of the AtmaNirbhar Bharat Package by Finance Minister back on 13th May 2020. On 24th June 2020, the Credit Guarantee Scheme for Sub-ordinate Debt (CGSSD) was launched. The scheme is also called as Distressed Assets Fund- Sub- Ordinate Debt for MSMEs. Union Minister of Medium, Small and Marginal ..

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RBI extends deadline for restructuring MSME borrower accounts

Published: February 6, 2020

In the recent Monetary policy committee statement released by the Reserve Bank of India, it extended the deadline for one-time restructuring of GST-registered MSME borrower account, by further one year to March 31, 2021. The restructuring was to be implemented before March 31, 2020, as per the RBI’s earlier guidelines. It also announced that scheduled ..

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BEL and HAL organised Roadshow in the run-up to the 11th Edition of DefExpo

Published: December 17, 2019

Defence Public Sector Undertakings (PSUs), Hindustan Aeronautical Limited (HAL) and Bharat Electronics Limited (BEL) organised a roadshow in New Delhi on Monday, December 16th, to urge vendors, MSMEs, Startups and the Private sectors based in the National Capital Region, Delhi-NCR for their active participation in the upcoming 11th edition of the DefExpo scheduled to be ..

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9th BRICS Trade Ministers Meet held in Brazil

Published: November 13, 2019

The 9th BRICS Trade Ministers Meet was held in Brasilia, Brazil. It was attended by Union Minister Commerce and Industry Piyush Goyal, during which he deliberated on global economic climate with his counterparts from other member nations. Key Deliberations at Meet The global economic outlook is facing grave challenges amidst growing protectionism and rising trade ..

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