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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.

01 Jun 2019

DNA Analysis of Pratap Chandra Sarangi

Pratap Chandra Sarangi, 64, who won the Balasore parliamentary seat in Odisha on a BJP ticket has been appointed as Minister of State in two of Modi’s ministries: Micro, Small and Medium Enterprises and Animal Husbandry, Dairying and Fisheries.

03 Aug 2017

LS passes bill to raise Nabard's capital to Rs 30000cr

Minister of State for Finance Santosh Kumar Gangwar said that the law is one of the "major step" towards doubling farmers' income by 2022.

15 Nov 2016

DNA: Government to launch micro ATM to facilitate people

20 Mar 2016

Ola turns 'Micro' for taking on Uber in India

Taxi-hailing app Ola expects its newly-launched affordable service 'Micro' alone to overtake rival Uber in terms of number of rides in a month's time

Centre on Skill India

05 Jun 2015

Centre plans 500 incubation centres to skill professionals

These centres would be on the PPP model and initially Rs 200 crore would be allotted for setting them up, particularly in districts, he said. He added that the Government wants to make the MSME sector competitive through technological innovation.

20 Apr 2015

Govt introduces bill to raise investment limits for MSME units

These investment limits were fixed by the Micro, Small and Medium Enterprises Development (MSMED) Act in 2006.

National Small Industries Corporation

30 Mar 2015

NSIC to focus on innovation, skill development in MSME sector

National Small Industries Corporation (NSIC) has signed a pact with the government for promotion of innovation and entrepreneurship to give a fillip to the MSME sector in the country.

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