Small and Medium Enterprises

SC-ST Hub Conclave

The MSME ministry organized a national SC-ST hub conclave in Gujarat. Key facts The Ministry of Micro, Small and Medium Enterprises (MSME) organized the event on September 28 to raise awareness about the National SC-ST Hub (NSSH) scheme and other ..

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Guidelines issued for PLI Scheme for Food Processing Industry

The Government of India recently issued guidelines for the “Production Linked Scheme” of Food Processing Industry. The GoI had earlier approved the PLI Scheme for Food Processing under the “Atma Nirbhar Bharat” with an outlay of 10,900 crores of rupees. ..

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‘Gramodyog Vikas Yojana’ programme launched by MoMSME

The MSME Ministry has given the approval to start a programme for the benefit and welfare of artisans involved in the manufacturing of agarbatti and also to develop village industry under the ‘Gramodyog Vikas Yojana’. As of now, four pilot ..

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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. SAFE Scheme The SIDBI launched SAFE scheme on March 26, 2020. The ..

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Bank of Baroda signs MoU with Care Ratings to assess SMEs’ credit quality

Indian Public sector bank, Bank of Baroda recently signed an MoU with Indian credit rating agency, Care Ratings. The pact aims to assess credit quality of the small and medium enterprises (SME) customers of the bank. The rating agency is ..

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 tinplate suppliers to adhere to BIS standards. Mandating impost to be in ..