‘MSMEs took ₹999 cr. from NSIC VC Fund till July’
6 months, 2 weeks ago

‘MSMEs took ₹999 cr. from NSIC VC Fund till July’

The Hindu  

Micro, small and medium enterprises have taken ₹999 crore investments till July this year from the NSIC Venture Capital Fund, which has a corpus of ₹10,000 crore as ‘mother fund’, according to the National Small Industries Corporation. P. Ravi Kumar, chief general manager of the National Small Industries Corporation, said in Coimbatore on Tuesday that as part of the Self-Reliant India Funds, the MSME Ministry had earmarked ₹10,000 crore to the NSIC. The NSIC is also implementing the MSME Trade Enablement and Marketing Initiative and the plan is to onboard five lakh MSMEs on the ONDC platform in three years. In the last two years, credit guarantees worth ₹4 lakh crore were given to MSMEs and in the next two years, the plan is to ramp it up to another ₹5 lakh crore.

Fund Msmes Crore Msme Nsic Vc  took  national  lakh  industries  till  msmes  fund  funds  crore  msme  999  credit  small  nsic  vc  cr

History of this topic

TN Budget 2025: Rs 1,918 crore allocated for MSME growth; nine new industrial estates announced
1 week, 6 days ago

TN Budget 2025: Rs 1,918 crore allocated for MSME growth; nine new industrial estates announced

New Indian Express  

CHENNAI: With a strong focus on setting up new industrial estates, promoting startups and supporting artisans, the Tamil Nadu government has allocated Rs 1,918 crore for the Micro, Small, and Medium Enterprises Department. Finance Minister Thangam Thennarasu announced that the Tamil Nadu Small Industries Development Corporation will establish nine new industrial estates across the state at an investment of Rs …

Over 100 MSME drug firms modernizing their pharma unit as per WHO standards
2 weeks, 5 days ago

Over 100 MSME drug firms modernizing their pharma unit as per WHO standards

Live Mint  

New Delhi: A total of 103 applications have been approved for Central financial assistance to MSME drug firms wishing to upgrade to international standards, the government said, addressing an impediment to India’s pharma export ambitions. The total financial support under the government’s revamped Pharmaceutical Technology Upgradation Assistance Scheme amounted to ₹105 crore. “Following amendments under Revamped Pharmaceutical Technology Upgradation Assistance …

ESIC looks to invest in stock market, awaits SEBI nod
3 weeks, 1 day ago

ESIC looks to invest in stock market, awaits SEBI nod

The Hindu  

The Employees’ State Insurance Corporation is looking to invest surplus funds in the stock market through exchange traded funds and is awaiting markets regulator Securities and Exchange Board of India ’s nod for exemption from the ₹25-crore per transaction limit. As of March 31, 2024, the social security body’s investments in government and other securities, bonds and debentures, fixed deposits …

How can MSMEs access loans up to ₹1 crore without collateral? A complete guide
1 month, 1 week ago

How can MSMEs access loans up to ₹1 crore without collateral? A complete guide

Live Mint  

Economic success and creation of new jobs alongside innovation and growth stems from micro small and medium-sized enterprises. A collateral-free MSME loan is an unsecured business loan which supports micro small and medium companies by dispensing with requirements for security in the form of real estate equipment or inventory. Key benefits of collateral free MSME loan MSMEs do not need …

MSME Credit Cards: How the Budget 2025 initiative will transform small businesses
1 month, 3 weeks ago

MSME Credit Cards: How the Budget 2025 initiative will transform small businesses

Live Mint  

Micro, Small and Medium Enterprises have been provided with new credit cards in the Budget 2025 by the Finance Minister Nirmala Sitharaman. MSME credit card scheme Announced to the citizens during the budget speech of the Finance Minister of India, Nirmala Sitharaman, this particular initiative aims towards issuing 10 lakh credit cards to micro enterprises, each with a limit of …

Budget announces wider definition for MSMEs, enhanced credit flow
1 month, 3 weeks ago

Budget announces wider definition for MSMEs, enhanced credit flow

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman on Saturday proposed a wider definition of micro, small and medium enterprises and outlined a number of initiatives to increase credit flows amid a budget focus on helping smaller businesses. “To help them achieve higher efficiencies of scale, technological upgradation and better access to capital, the investment and turnover limits for classification of all …

Budget 2025: MSME classification revision to increase investment, FoF for startups
1 month, 3 weeks ago

Budget 2025: MSME classification revision to increase investment, FoF for startups

Deccan Chronicle  

Chennai: By increasing the investment and turnover limits for MSMEs and launching a new fund of funds for startups with a Central contribution of Rs 10,000 crore, the Budget aims at promoting entrepreneurial spirits. Further, the credit guarantee cover will be enhanced for micro and small enterprises from Rs 5 crore to Rs 10 crore and for startups from Rs …

Union Budget | Kerala MSMEs see Budget announcements as a mixed bag
1 month, 3 weeks ago

Union Budget | Kerala MSMEs see Budget announcements as a mixed bag

The Hindu  

The announcements in the Union Budget regarding Micro, Small and Medium Enterprises ties in with the Kerala government’s ongoing push to promote MSMEs, but demands raised by MSME associations including Goods and Services Tax - related issues remain unaddressed in the Budget. According to A. Nizarudeen, State President of the Kerala State Small Industries Association, the revised turnover criteria for …

Union Budget 2025: Credit guarantee cover for MSMEs to be enhanced, says FM Nirmala Sitharaman
1 month, 3 weeks ago

Union Budget 2025: Credit guarantee cover for MSMEs to be enhanced, says FM Nirmala Sitharaman

Live Mint  

Budget 2025: Union Finance Minister Nirmala Sitharaman on February 1st came out with good news for the Micro, Small and Medium Enterprises in India. Sitharaman in her eighth budget speech stated that the credit guarantee cover limits and provisions for the sector are going to be enhanced. Further, for micro enterprises i.e., MSMEs the credit guarantee cover is going to …

Customized credit cards with ₹5 lakh limit for micro enterprises: FM Nirmala Sitharaman
Top News
1 month, 3 weeks ago

Customized credit cards with ₹5 lakh limit for micro enterprises: FM Nirmala Sitharaman

The Hindu  

Union Minister Nirmala Sitharaman on Saturday said the investment and turnover limits for classification of all MSMEs will be enhanced to 2.5 and 2 times respectively, to achieve higher efficiencies of scale, technological upgradation and better access to capital. Presenting the Budget for 2025-26, the Finance Minster said currently, there are over 1 crore registered MSMEs, employing 7.5 crore people, …

5 popular government loan schemes for small scale businesses in 2025
2 months ago

5 popular government loan schemes for small scale businesses in 2025

Live Mint  

Small industries contribute a significant portion to the Indian economy and provide a major source of employment in the country. Top government loan schemes for small businesses in 2025 Credit Guarantee Scheme for Micro and Small Enterprises CGSMSE scheme offers collateral-free credit to the micro and small enterprise sectors. Pradhan Mantri Mudra Yojana Pradhan Mantri Mudra Yojana is a flagship …

Sebi proposes sachetization of mutual funds to boost financial inclusion
2 months ago

Sebi proposes sachetization of mutual funds to boost financial inclusion

Live Mint  

The Securities and Exchange Board of India has unveiled a proposal for promoting financial inclusion through the "sachetisation" of mutual fund investments. The initiative proposes offering small-ticket investments, starting at just ₹250, to encourage low-income groups to begin their investment journey in mutual funds. To encourage financial distributors and platforms to participate in this financial inclusion effort, they will be …

Budget blueprint: Making MSMEs a growth engine
2 months, 2 weeks ago

Budget blueprint: Making MSMEs a growth engine

New Indian Express  

The transformation of India’s micro, small and medium enterprises or MSMEs represents perhaps the most significant opportunity for achieving inclusive growth in this decade. With 63.4 million enterprises contributing 30 percent to the national GDP and employing over 100 million people, this Indian sector’s economic footprint is larger than the entire economies of, say, Thailand or Sweden. Germany’s KfW model …

Government to soon launch new credit guarantee scheme for MSME sector up to ₹100 crore
2 months, 2 weeks ago

Government to soon launch new credit guarantee scheme for MSME sector up to ₹100 crore

The Hindu  

Financial Services Secretary M Nagaraju on Thursday said the government would soon launch a new credit guarantee scheme for the MSME sector covering loans up to ₹100 crore. "We are likely to come up with a scheme, which was announced by Finance Minister in her last Budget, that could provide loans up to ₹100 crore without guarantee, if they are …

Top 10 MSME Loan Schemes in India for Growth and Expansion
2 months, 3 weeks ago

Top 10 MSME Loan Schemes in India for Growth and Expansion

India TV News  

Substantial steps have been taken by the Indian government and financial institutions to provide adequate loans for micro, small, and medium enterprises to foster growth without interruption. 3. Credit Guarantee Fund Scheme for Micro and Small Enterprises Small businesses often lack collateral when applying for loans, making them considered high-risk borrowers, which can result in loan application denials. To assist, …

Green MSME policy to provide financial, technological support likely in budget
2 months, 3 weeks ago

Green MSME policy to provide financial, technological support likely in budget

Live Mint  

New Delhi: The government is likely to announce a policy in the upcoming budget for greening the operations of micro, small and medium enterprises and lowering their carbon emissions. Two people aware of the development said that the ministry of MSME has recommended the union finance ministry to roll out the policy under which Centre would provide financial, technological and …

Trade and service sector leaders meet FM, urge tax cuts, export support
3 months ago

Trade and service sector leaders meet FM, urge tax cuts, export support

Live Mint  

New Delhi: Trade and service sector representatives met finance minister Nirmala Sitharaman on Thursday for pre-budget consultations, seeking tax cuts for MSMEs, incentives for smaller companies to reduce their carbon footprint and energy costs, increased financial support for exporters, and the continuation of the Interest Equalisation Scheme to maintain export competitiveness. "Allocating specific funds for capacity-building programmes targeting prospective exporters …

U.T. gets ₹31 crore under Central scheme for development of MSME sector
3 months, 1 week ago

U.T. gets ₹31 crore under Central scheme for development of MSME sector

The Hindu  

The Puducherry government has received ₹31 crore under Central government programme, ‘Raising and Accelerating MSME Performance ‘, for the development of micro, small and medium enterprises in the Union Territory, Director of Industries P. T. Rudra Goud said on Friday. Speaking at a conclave on MSME business organised by the Confederation of Indian Industry, Mr. Goud said the government was …

MSMEs call for increased budgetary provision for sector
3 months, 1 week ago

MSMEs call for increased budgetary provision for sector

The Hindu  

The Micro, Small and Medium-scale Enterprises have appraised the State Finance department about the need to make a substantial increase in support to the industries in the upcoming Budget for 2025-26 to meet government commitments to MSMEs that have and will come up under the Year of Enterprises Campaign, for supporting private industrial parks and the mission to convert 1,000 …

Govt open to exploring alternative financing models for MSMEs: Piyush Goyal
3 months, 3 weeks ago

Govt open to exploring alternative financing models for MSMEs: Piyush Goyal

Live Mint  

Commerce and industry minister Piyush Goyal on Thursday said the government is open to offering concessional rates for micro, small, and medium enterprises setting up businesses in industrial townships across the country. Speaking at an event organized by industry body Assocham, Goyal emphasized the government's efforts to simplify business processes, reduce compliance burdens, decriminalize laws, and create a supportive environment …

India: Govt Plans New Financing for MSMEs
3 months, 3 weeks ago

India: Govt Plans New Financing for MSMEs

Deccan Chronicle  

New Delhi: The Modi-led NDA government is open to exploring some alternate financing models for micro, small, and medium enterprises where the concerned ministry can earmark particular areas in the proposed industrial townships for the MSMEs. The statement of the government comes at a time when small business houses in the country are reportedly facing specific issues in accessing bank …

India: MSMEs Need Boost in Credit Access: Assocham
4 months ago

India: MSMEs Need Boost in Credit Access: Assocham

Deccan Chronicle  

New Delhi: In order to boost credit access for small and medium businesses in the country, India Inc on Thursday called for enhancing the role of banks and other financial institutions to reach them and address their challenges. Leading industry body Assocham in collaboration with Egrow Foundation, conducted an in-depth study on 'MSMEs facing challenges with a quantitative data of …

Centre to launch collateral-free term loans scheme for MSMEs, says FM Sitharaman
4 months, 2 weeks ago

Centre to launch collateral-free term loans scheme for MSMEs, says FM Sitharaman

Hindustan Times  

New Delhi: The government is all set to launch a collateral-free term loans scheme for micro, small and medium enterprises to boost their manufacturing capabilities, finance minister Nirmala Sitharaman said on Saturday, adding that the scheme will be placed before the Cabinet soon. Introduction of a new credit guarantee scheme will have to go to the Cabinet “sooner” which will …

MSMEs still out of mainstream institutional credit, shows survey
7 months, 1 week ago

MSMEs still out of mainstream institutional credit, shows survey

Deccan Chronicle  

Hyderabad: In a downturn when tighter monetary conditions affect governments and companies, small and medium sized businesses bear brunt as the resultant delay in bill payments squeezes these enterprises financially. Though several measures were taken by the government and the Reserve Bank of India, micro, small and medium scale enterprises are perennially starved of institutional credit. Though the government has …

Budget Opens More Avenues of Credit For MSMEs
8 months ago

Budget Opens More Avenues of Credit For MSMEs

Deccan Chronicle  

Chennai: Realising their potential in job creation, the Budget has formulated a package for MSMEs providing credit guarantees, new assessment criteria, and support during times of stress to spur growth and improve their competitiveness. The government has proposed a Credit Guarantee Scheme for MSMEs in the manufacturing sector, which will facilitate term loans to MSMEs for the purchase of machinery …

MUDRA loan limit hike, credit guarantee scheme for MSMEs
8 months ago

MUDRA loan limit hike, credit guarantee scheme for MSMEs

New Indian Express  

NEW DELHI: In their efforts to revitalise the ailing MSME sector, the backbone of the Indian economy and creator of crores of jobs, the NDA government has come up with a slew of reforms. Finance Minister Nirmala Sitharaman on Tuesday informed that the government is increasing the limit for MUDRA loans for Micro, Small and Medium Enterprises from Rs 10 …

MSME data will help policy-making, finds economic survey
8 months ago

MSME data will help policy-making, finds economic survey

Deccan Chronicle  

Chennai: Improving the availability of data regarding the health of MSMEs will help policy-making, finds the Economic Survey. Updated IIP, production and employment data of MSMEs, information on credit disbursement, and industry-wise financial flows are some of them. Further, there should be information on industry-wise gross disbursement of bank credit as opposed to the data on outstanding credit currently available, …

Finance Ministry’s Latest Report Highlights 8% Industrial Growth Trajectory Fuelled by Make in India, PLI & MSMEs
1 year, 1 month ago

Finance Ministry’s Latest Report Highlights 8% Industrial Growth Trajectory Fuelled by Make in India, PLI & MSMEs

News 18  

The recently released ‘The Indian Economy – A Review’ by the Department of Economic Affairs, Finance Ministry, has revealed a notable surge in industrial growth, showcasing a likely 8% per annum growth trajectory for the triennium ending March 2024. The report attributes this growth to strategic government initiatives, particularly emphasizing the success of ‘Make in India’, the Production-Linked Incentive scheme, …

The Need to Bolster Institutional Low-Cost Credit to MSMEs
1 year, 2 months ago

The Need to Bolster Institutional Low-Cost Credit to MSMEs

News 18  

The Micro, Small and Medium Enterprises are critical to unlocking the potential of India envisioned under the ‘Make in India’ campaign. The Parliamentary Standing Committee on Finance, in its report titled ‘Strengthening Credit Flows to the MSME Sector’, exposes the fact that less than 40 per cent of MSMEs avail credit from formal financial systems, and therefore depend on costly …

PLI schemes attracted Rs 1.03 lakh crore investment said center
1 year, 2 months ago

PLI schemes attracted Rs 1.03 lakh crore investment said center

Deccan Chronicle  

New Delhi: The government on Wednesday said that production-linked incentive or PLI schemes witnessed over Rs 1.03 lakh crore of investment till November 2023, which led to production and sales of Rs 8.61 lakh crore as well. As per the statement issued by the commerce ministry, in such schemes, it also saw an employment generation, both direct and indirect, of …

98 MSMEs to bring in investments totalling ₹1,583.80 crore in Thoothukudi and 5,717 people to get direct jobs: Kanimozhi
1 year, 3 months ago

98 MSMEs to bring in investments totalling ₹1,583.80 crore in Thoothukudi and 5,717 people to get direct jobs: Kanimozhi

The Hindu  

Ninety-eight medium, small and micro enterprises have evinced interest in setting up their units in Thoothukudi district bringing investments totalling ₹1,583.80 crore, said MP Kanimozhi Karunanidhi. She said that all the 98 units would provide jobs to 5,717 people. The other units, which had signed the MoU, are expected to set up food processing, matches, modern rice mills, chemicals and …

Agreements to start industrial units worth ₹540.96 crore signed with 117 entrepreneurs in Cuddalore
1 year, 4 months ago

Agreements to start industrial units worth ₹540.96 crore signed with 117 entrepreneurs in Cuddalore

The Hindu  

Memoranda of Understanding worth ₹540.96 crore were signed with 117 entrepreneurs to start industrial units in Cuddalore district, at an investors’ meet of Micro, Small and Medium Enterprises. Speaking on the occasion, Mr. Panneerselvam said the Tamil Nadu government was giving special attention to the development of the MSME sector that contributes greatly to the economic development of Tamil Nadu. …

Defence production crosses ₹1 lakh crore for first time
1 year, 10 months ago

Defence production crosses ₹1 lakh crore for first time

The Hindu  

The value of defence production in Financial Year 2022-23 has crossed the figure of ₹1 lakh crore for the first time ever, according to the Defence Ministry. “The value currently stands ₹1,06,800 crore and it will go further up once the data is received from the remaining private defence industries,” a Defence Ministry statement said. “The current value of defence …

MSMEs not static, but growing in size, asserts Finance Ministry
2 years ago

MSMEs not static, but growing in size, asserts Finance Ministry

The Hindu  

The Finance Ministry has sought to dismiss the “narrative” that India’s micro, small and medium enterprises are stagnating, citing data that it asserts shows smaller firms evolving into larger units in recent years. In its recent monthly economic review for February, the ministry had said the number of micro units graduating to small units had increased to 65,140 in 2022-23, …

Govt Working Relentlessly To Ensure Conducive Environment For Small Businesses: MSME Secretary B B Swain
2 years ago

Govt Working Relentlessly To Ensure Conducive Environment For Small Businesses: MSME Secretary B B Swain

News 18  

The government is relentlessly working towards ensuring a conducive environment for micro, small and medium enterprises, and the number of registered MSMEs has now reached 1.64 crore generating 10.73 crore jobs, said MSME Secretary B B Swain on Wednesday. The figure of 10.73 crore employment generated is based on self-declaration by MSMEs and the sector is surely on its way …

Sitharaman to meet heads of banks on Feb 22; on credit scheme for MSMEs: Report
2 years, 1 month ago

Sitharaman to meet heads of banks on Feb 22; on credit scheme for MSMEs: Report

Hindustan Times  

The finance ministry has called a meeting of heads of public sector banks and top four private sector lenders to review the progress of the emergency credit line guarantee scheme to help businesses affected by COVID-19. ECLGS was announced as part of the Atmanirbhar Bharat Package in May 2020 with the objective to help businesses including MSMEs to meet their …

MSMEs in AP up from 37,956 to 60,800 under Jagan: MP
2 years, 1 month ago

MSMEs in AP up from 37,956 to 60,800 under Jagan: MP

Deccan Chronicle  

Vijayawada: YSR Congress Rajya Sabha MP Alla Ayodhya Rami Reddy on Wednesday underlined that after Y.S. Jagan Mohan Reddy formed the YSRC government, micro, small and medium enterprises in AP have gone up from 37,956 to 60,800 units within mere three-and-a-half years. He said this is owing to government offering various subsidies through schemes, such as MSME Restart, YSR Jagananna …

Revamped credit scheme to provide additional collateral-free credit for MSMEs
2 years, 1 month ago

Revamped credit scheme to provide additional collateral-free credit for MSMEs

Live Mint  

With her fifth budget, Finance Minister Nirmala Sitharaman proposed a special focus on the Micro, Small, and Medium Enterprises sector in the Union Budget 2023. The finance minister announced a revamped credit guarantee scheme to provide MSMEs with more collateral-free credit. According to the FM, the updated Credit Guarantee Scheme for MSMEs would go into operation on April 1, 2023, …

Budget 2023: New Revamped Credit Guarantee Scheme Worth Rs 9,000 Cr for MSMEs from April 1, Says FM
2 years, 1 month ago

Budget 2023: New Revamped Credit Guarantee Scheme Worth Rs 9,000 Cr for MSMEs from April 1, Says FM

News 18  

A revamped credit guarantee scheme for MSMEs with an outlay of Rs 9,000 crore will be launched from April 1, Finance Minister Nirmala Sitharaman said on Wednesday. An integrated IT portal will be launched for reclaiming unclaimed shares and dividends, she said, adding the government would also set up a single window system for registrations and approvals in IFSC Gift …

Govt to launch revamped credit guarantee scheme worth Rs 9,000 cr for MSMEs, says FM
2 years, 1 month ago

Govt to launch revamped credit guarantee scheme worth Rs 9,000 cr for MSMEs, says FM

Firstpost  

New Delhi: A revamped credit guarantee scheme for MSMEs with an outlay of Rs 9,000 crore will be launched from 1 April, Finance Minister Nirmala Sitharaman said on Wednesday. An integrated IT portal will be launched for reclaiming unclaimed shares and dividends, she said, adding the government would also set up a single window system for registrations and approvals in …

Govt to launch revamped credit guarantee scheme worth Rs 9,000 cr for MSMEs: FM
2 years, 1 month ago

Govt to launch revamped credit guarantee scheme worth Rs 9,000 cr for MSMEs: FM

Deccan Chronicle  

New Delhi: A revamped credit guarantee scheme for MSMEs with an outlay of Rs 9,000 crore will be launched from April 1, Finance Minister Nirmala Sitharaman said on Wednesday. An integrated IT portal will be launched for reclaiming unclaimed shares and dividends, she said, adding the government would also set up a single window system for registrations and approvals in …

MSMEs in Coimbatore demand measures to increase fund availability
2 years, 2 months ago

MSMEs in Coimbatore demand measures to increase fund availability

The Hindu  

Industries, mainly the Micro, Small and Medium-Scale Enterprises in Coimbatore district, have appealed to the Union government for measures that will give financial boost as markets have slowed down and fund availability for the units has taken a hit. President of Indian Chamber of Commerce and Industry, Coimbatore, B. Sriramulu said that since the export markets are facing a slowdown, …

Cabinet approves Rs12,882 crore for continuation of development schemes in Northeast
2 years, 2 months ago

Cabinet approves Rs12,882 crore for continuation of development schemes in Northeast

Live Mint  

The Union Cabinet has approved continuation of schemes of Ministry of Development of North Eastern Region with an outlay of ₹12,882 crore, for the balance period of the 15th Finance Commission. Based on the Expenditure Finance Committee recommendations, the outlay for the North East Special Infrastructure Scheme will be ₹8,139.5 crore including committed liabilities of ongoing projects. The MDoNER Schemes …

How do MSMEs hold the key to defining India into becoming a $5 trillion economy?
2 years, 3 months ago

How do MSMEs hold the key to defining India into becoming a $5 trillion economy?

Live Mint  

Now that the world has emerged from the shadow of the Covid-19 pandemic, it is interesting to note how efficiently the economy at large is recovering from the various setbacks it presented. Extending government support In order to help MSMEs tide over the immediate setback they suffered in the wake of the pandemic, the government extended various relief measures to …

Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister
2 years, 3 months ago

Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister

India TV News  

Delhi: Micro, small and medium enterprises are among the most important pillars of India's economy and the government is working to make the sector stronger and more developed, Minister of State for MSME Bhanu Pratap Singh Verma said on Monday. "We will also work to ensure that interrelationship between the MSME sector and other important pillars of the Indian economy …

Credit to MSMEs gathers pace, but needs a tech push
2 years, 5 months ago

Credit to MSMEs gathers pace, but needs a tech push

Live Mint  

Bank credit to micro, small and medium enterprises has fluctuated for most of the pandemic. Traditionally, public sector banks led credit disbursement to MSMEs, with a 50% share prior to 2019. iPhone sales in India headed for another record IT companies likely to slash campus hiring in FY24 What lies next for India’s shaky exports story Marico’s Q2 update fails …

49,608 MSMEs registered in State: Minister
2 years, 7 months ago

49,608 MSMEs registered in State: Minister

The Hindu  

As many as 49,608 micro, small, and medium enterprises have registered in the State till Wednesday, Minister for Industries P. Rajeeve has said. Replying during Question Hour in the Assembly on Wednesday, the Minister said the year 2022-23 was being observed as the ‘Year of Entrepreneurship,’ and the target was to start one lakh MSMEs this financial year. “As part …

42,699 MSMEs registered in first four months of current fiscal
2 years, 8 months ago

42,699 MSMEs registered in first four months of current fiscal

The Hindu  

As many as 42,699 micro, small and medium enterprises registered in the State in the first four months of the current fiscal, Minister for Industries P. Rajeeve said. This has helped create 92,855 employment opportunities, Mr. Rajeeve said launching a State-level loan scheme for entrepreneurs formulated by the State Level Bankers' Committee in association with the State government. The State …

PM Modi inaugurates 'Raising & Accelerating MSME Performance' scheme
2 years, 8 months ago

PM Modi inaugurates 'Raising & Accelerating MSME Performance' scheme

India TV News  

PM Modi inaugurates 'Raising & Accelerating MSME Performance' scheme The government has launched several initiatives from time to time like MUDRA Yojana, Emergency Credit Line Guarantee Scheme, Scheme of Fund for Regeneration of Traditional Industries to provide necessary and timely support to the MSME sector. Highlights 'Udyami Bharat' is reflective of the continuous commitment of the government, official release said …

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