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Micro Small and Medium Enterprises News

Micro Small and Medium Enterprises

21 Nov 2024

Indian MSMEs Create About 10 Crore Jobs In 15 Months

According to the figures, the number of registered MSMEs has now gone up to 5.49 crore from 2.33 crore in August last year while the number of jobs reported by these enterprises has shot up to 23.14 crore from 13.15 crore during this period.

27 Jun 2022

World MSME Day today, 27 June 2022: Check out THESE loan schemes by govt

The Government of India (GoI) offers many loan packages to help small enterprises fund their operations, purchase new equipment, expand their operations, and more.

29 Apr 2022

Zero Defect Zero Effect scheme for MSME launched, additional subsidy for women

Union Minister for Micro, Small and Medium Enterprises Shri Narayan Rane has said that ZED has the potential to become a national movement and that it aims to provide a roadmap to global competitiveness for the MSMEs of India.

World MSME Day 2021

27 Jun 2021

World MSME Day: Check out THESE loan schemes by govt of India

The Small and Medium Enterprises (SME) sector, gives around 40% to the total GDP of India and it plays a pivotal role in bringing more employment to the country. The Government of India (GoI) gives several loan schemes to further finance the small scale businesses which can be used for running their operations, buying new equipment, increasing their business and more.

28 Apr 2021

Can’t pay 28 days’ salary for not working due to COVID-19 infection

The Gautam Buddh Nagar district administration had recently ordered that any worker or employee infected with coronavirus and in isolation for treatment will get 28 days of paid leave from their employer across Noida and Greater Noida.

Micro Small and Medium Enterprises

18 Aug 2020

`India’s target is to become manufacturing hub of construction equipments`

Gadkari assured the stakeholders to extend all possible support in developing technology centres in India. The Minister also stressed on the need for research and cost reduction without compromising quality. He also exhorted the participants to face the challenges of issues thrown up by COVID-19 pandemic.

27 Jun 2020

90% Flipkart sellers back on platform, 125% rise in new MSMEs

Flipkart has also seen 125 per cent rise in new seller signing-up on the platform, in comparison to its existing seller base, in the April-June period, the company said in a statement.

Micro Small and Medium Enterprises

24 Jun 2020

Scheme to provide Rs 20,000 crore guarantee cover to 2 lakh MSMEs launched

This Scheme seeks to extend support to the promoters of the operational MSMEs which are stressed and have become NPA as on April 30, 2020.

Airtel Payments Bank

15 Jun 2020

Airtel Payments Bank launches Suraksha Salary Account for MSMEs

An account holder under the offer gets free of charge group accidental cover of Rs 1 lakh.

Cabinet decisions

01 Jun 2020

Govt approves Rs 20,000 cr to provide equity support to 2 lakh stressed MSMEs

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Monday (May June 1), took decisions that will have a transformative impact on the lives of farmers, the MSME sector, and those working as street vendors. This was the first meeting of the Union Cabinet after the Central government entered into its second year in office.

Micro Small and Medium Enterprises

24 Jun 2019

MSMEs generated 5.87 lakh employment in 2017-18

Nitin Gadkari informed the upper house that MSMEs are the largest provider of employment after agriculture.

Micro Small and Medium Enterprises

19 Jun 2019

MSMEs committee under UK Sinha submits report to RBI

The eight-member committee was set up in January to review the current institutional framework in place to support the MSME sector, study the impact of the recent economic reforms on the sector and identify the structural problems affecting its growth.

Micro Small and Medium Enterprises

04 Jun 2019

Nitin Gadkari takes charge as Micro Small and Medium Enterprises Minister

While assuming office the Minister said that the most important work to be done is boosting economic development of the country by employment generation and the MSME Ministry is a core Ministry which can create jobs in rural, semi-urban and urban areas of the country.

29 Jan 2019

FM Goyal reviews PSU banks performance, advises PSBs on sustainable gains

PCA banks were advised to maintain the trend of improvement in performance, with a view to bringing them out of the PCA framework at the earliest.

28 Dec 2018

Over 1.12 lakh MSME loan applications approved under '59 minutes' scheme

GST-registered micro, small and medium enterprises (MSMEs) can take loan up to Rs 1 crore in just 59 minutes through 'psbloansin59minutes.Com' portal.

Zee Business Dare to Dream Awards

18 Dec 2018

Kerala businessman built Rs 600 cr biz with just Rs 10 map

'Dare to Dream Awards' series had first started in Delhi on October 15.

Zee Business Dare to Dream Awards

18 Dec 2018

Govt to double credit to SMEs to push employment generation, says MSME Secy

Zee Business Dare to Dream Awards was organised to honor the MSMEs leaders for their outstanding contributions in the sector.

09 Jun 2018

Many may go jobless in Tamil Nadu as small & medium industries face closure

The Micro, Small and Medium Enterprises (MSME) have reduced by 49,329 units while employment in the sector has gone down by 5,19,075 persons during 2017-18.

04 Feb 2017

'MSMEs manufacturing excellence imperative for global competitiveness'

Manufacturing excellence and quality upgradation of Indian micro small and medium enterprises (MSMEs) are imperative for MSMEs aspiring to attain global competitiveness, Minister of State for MSMEs Haribhai Parthabhai Chaudhary said.

05 Dec 2014

Committed towards industry responsive manpower for MSMEs: Govt

To meet skilled manpower requirement in the Micro, Small and Medium Enterprises (MSME) sector, the government is committed to create industry responsive manpower by giving thrust on employable skills and vocational training.

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