Page 13 of MSME Policy

pm vishwakarma scheme, artisans, craftsmen, cabinet, msme ministry, budget, nirmala sitharaman, vishwakarma jayani, carpenter, boat maker, armourer, blacksmith, hammer and tool kit maker, locksmith, goldsmith, potter, sculptor

Cabinet okays Rs 13,000-crore PM Vishwakarma scheme to support artisans, craftspeople; check details

The scheme will offer artisans and craftspeople recognition through PM Vishwakarma certificate and ID card, credit support up to Rs 1…

August 16, 2023 17:32 IST

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PM Vishwakarma Yojana for artisans to be launched on Vishwakarma Jayanti in September

The scheme was announced in this year’s budget for traditional artisans and craftspeople to enable them to improve the quality,…

August 16, 2023 13:11 IST

narendra modi news, red fort speech, PM Modi, independence day, msme, msme news, red fort speech highlights, small business news, startup news, government schemes for startups,

PM Modi: Rs 3.5 lakh cr support prevented MSMEs from sinking during Covid

After Covid struck in 2020, the government under its Atmanirbhar package had announced the Rs 3.5 lakh crore ECLGS. The…

August 16, 2023 11:18 IST

Rajasthan Gig Workers Bill: Understanding its shortcomings for effective implementation

While the bill offers potential benefits such as access to healthcare, insurance coverage, and retirement savings plans for gig workers,…

August 13, 2023 13:00 IST

msme, parliament, monsoon session, written reply, small industry, business news, India business news, msme news, Schemes for msme, India budget, msme ministry budget

260% jump in funds utilised by MSME Ministry in 5 years: Govt data

According to the data shared by the MoS, the expenditure of the MSME ministry was Rs 6,717.53 crore in 2019-20,…

August 11, 2023 14:40 IST

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How successful is govt’s MSME grievance redressal portal Champions? Check details

The highest number of grievances in the current year were received from Maharashtra (1,417), Tamil Nadu (757), Uttar Pradesh (664),…

August 11, 2023 13:00 IST

udyam portal, udyam assist platform, uap, msme ministry, informal msmes, informal micro units, udyam egistration, narayan rane, msme employment, msme exports, gst

Govt planning separate micro enterprises division in MSME Ministry? Here’s what MoS MSME said

Importantly, A parliamentary panel on industry in March this year had suggested a separate division for micro enterprises for focused…

August 11, 2023 11:18 IST

msme, Gem portal, e-commerce, piyush goyal, small business, business news india, e-commerce laws, e-commerce policy, foreign e-commerce companies, indian traders, india, india news

GeM 7-year report card: Portal truly transformed India’s procurement landscape, says Piyush Goyal; here’s what numbers say

The platform currently has 70,792 listed buyers on the platform which include government ministries, public sector units, and departments. So…

August 9, 2023 18:57 IST

udyam assist platform, uap, udyam portal, sidbi, msme ministry, informal msmes, informal micro units, udyam registration, standing committee on finance, jayant sinha, small industries development bank of india

MSME registration: 37 lakh informal micro enterprises registered on Udyam Assist Platform in 7 months

“Government has launched Udyam Assist Platform(UAP) under the MSME formalization project on 11.01.2023 to bring Informal Micro Enterprises (IMEs) under…

August 9, 2023 12:18 IST

MSME news, small business, india, india business, business news, RAI, retailer association, tamil nadu, mk stalin, tamil nadu news, government schemes for msme, growth tips for business

Retailers’ body RAI signs MoU with Tamil Nadu govt for new Retail policy, support MSMEs

RAI will help in facilitating discussions between FaMeTN and the member retailers to help them understand their needs regarding capital,…

August 8, 2023 16:26 IST

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National Handloom Day: Over 3x growth in Khadi production in 9 years, says PM Modi

PM Modi noted that more than 600 handloom clusters have been developed in the last nine years, from where thousands…

August 7, 2023 19:12 IST

pre-pack insolvency resolution, ppirp, corporate insolvency, creditors, debtors, msme pre-pack insolvency, msme debt, msme default, msme financial stress

Only 6 cases admitted under pre-pack insolvency resolution process for MSMEs since 2021

Out of the six cases, four cases are ongoing while one case is resolved and one case is withdrawn.

August 7, 2023 16:45 IST

capital outlay, capex, GST collection, central devolutions, interest free loan, elections, budget allocation, economic output, revenue expenditure, economic growth

Sachetisation of MSME loans: A game-changer for Indian MSMEs?

In the context of MSMEs, sachetisation of MSME loans allows these enterprises to access credit in smaller amounts that are…

August 6, 2023 12:00 IST

NMC, NMC latest news, generic drugs, generic drugs latest news, healthcare news, financial express news

32 MSMEs selected for pharma PLI schemes: MoS Chemicals and Fertilizers

Under the PLI scheme for the promotion of domestic manufacturing of critical Key Starting Materials (KSMs)/Drug Intermediaries (DIs), and Active…

August 4, 2023 18:25 IST

msme news, import of laptops, import restrictions on laptops, Hsn code 8471, indian government, make in India, DGFT notification, government notification on laptop imports, import duty on electronics, latest news, CAIT

Traders’ body CAIT welcomes govt restrictions on import of laptops, tablets, computers

CAIT said that such a move would boost domestic manufacturing and enhance the consumption of goods in line with the…

August 4, 2023 17:54 IST

msme news, e-commerce, e-commerce policy india, piyush goyal, Cait, india, market news, small business, small business news, e-commerce market, modi government

E-commerce policy to be released in coming months by govt: Report

The PTI report noted that the ministry held a discussion with representatives of e-commerce firms and CAIT on matters pertaining…

August 4, 2023 11:53 IST

pharma sector, pharmaceutical, growth, domestic sales, exports, regulated markets, US generics market, input costs, supply chain, capex plans, export revenues, domestic revenue, revenue growth, manufacturers

Less than Rs 250 cr turnover pharma units must adopt Good Manufacturing Practices in 12 months: Mandaviya

The GMP was introduced in 1948 for the first time, and the last amendment to it was done in 2018.…

August 3, 2023 11:09 IST

msme, business women, women owned msme, small business, women in business, indian msme, monsoon session, msme ministry, government scheme, india, india news, business news, government data, udyam, udyam registration

Women MSMEs: This statistic shows share of women entrepreneurs in India’s MSME sector

According to the data shared by Verma, women MSMEs represented a 15.67 per cent share in the total UAM registrations…

August 1, 2023 17:01 IST

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ICRA cuts India’s FY26 air passenger growth to lowest since Covid

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ICRA has lowered its projection for airport passenger traffic growth in FY26 to 5-7% YoY, citing cross-border tension and lower aircraft availability after the Air India crash. The rating agency has also revised its estimates for airport passenger traffic from 7-9% to 43-44 crore. International travel is expected to drive moderate growth, while air cargo volume growth is likely to slow to 4%.

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