Small and Medium Enterprises Current Affairs, GK & News
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. The scheme is to be implemented between 2021-22 and 2026-27. Categories in the Guidelines The ..
Month: Current Affairs - May, 2021
Category: Government Schemes Current Affairs
Topics: Atma Nirbhar Bharat Abhiyan • Food Processing Industry • PLI • Production Linked Incentive (PLI) • production linked incentive scheme • Small and Medium Enterprises
‘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 projects have been decided to be started in the country including one in the North-East. ..
Month: Current Affairs - August, 2020
Category: Government Schemes Current Affairs • India Nation & States Current Affairs
Topics: Agarbatti • Gramodyog Vikas Yojana • Khadi and Village Industries Commission • KVIC • Micro • MSME Ministry • Small and Medium Enterprises
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 SAFE scheme is SIDBI Assistance to Facilitate Emergency Response against Corona Virus. It is financial ..
Month: Current Affairs - April, 2020
Category: Government Schemes Current Affairs
Topics: Capital • MSME • Personal Protective Equipment (PPE) • SAFE scheme • SIDBI • Small and Medium Enterprises
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 expected to evaluate the credit quality of the existing and potential SME customers of the ..
Topics: Bank of Baroda • Credit rating agencies • Small and Medium Enterprises
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 compliance with BIS standards could discourage them from supplying to India making the move a ..
Topics: BIS standards • imports • Ministry of Commerce and Industries • Ministry of Micro • Ministry of Steel • MSME • non-tariff barrier • Small and Medium Enterprises • Special Steel