Tag: MSME

Defence production for first time crosses Rs 1 lakh-crore mark

The value of defence production will go further up once the data is received from the remaining private defence industries, the MoD said Thursday.

May 19, 2023

MoD signs Rs 5,400-crore contract to bolster defence capabilities

Of the three contracts, two are with Bharat Electronics Limited (BEL), Ghaziabad while one is with NewSpace India Limited (NSIL).

March 29, 2023

Odisha focuses on sector-specific industrial parks

With the state-of-the-art infrastructure in place, these projects are attracting investors to invest in Odisha, according to the state minister of industries.

March 22, 2023

State proposed MSME sin place of shut central PSUs

Chief Minister Mamata Banerjee has said over and again that the state government would provide every assistance to the industrialists. She told the industrialists that the environment in West Bengal was congenial for investment

February 25, 2023

CM announces academy, building for Kurmis

The CM, without naming the Sangh parivar, said that some people are trying to create disturbances in the tribal belts of Jangalmahal and misleading them.

February 17, 2023

Cong to deliver Rahul’s letter to each house

He said he will fight to eradicate these evils -- from the streets to Parliament, every single day.

January 13, 2023

MSME and Start-ups need to be enabled to access finance to use technology optimally: Secretary MoEFCC

Secretary MoEFCC Leena Nandan highlighted the need to work through silos and also stated that technology cannot remain confined to big players due to their access to finance. MSMEs and start-ups need to be enabled to access finance to use technology optimally.

November 11, 2022

Amazon opens new delivery station in UP

Over the years, Amazon has invested in deepening its presence in Uttar Pradesh and now has close to 160 Amazon owned and Partner Delivery Stations

August 23, 2022

PM Modi launches several initiatives to strengthen MSME sector

PM Modi was speaking at the 'Udyami Bharat' programme where he launched 'Raising and Accelerating MSME Performance' (RAMP) scheme, 'Capacity Building of First-Time MSME Exporters' (CBFTE) scheme and new features of the 'Prime Minister's Employment Generation Programme' (PMEGP) to ramp up the MSME sector.

June 30, 2022

Top 5 start-ups solving business requirements of MSMEs in India

India is home to about 6.3 crore MSMEs, which contribute around 29 percent to the country’s overall GDP.

April 16, 2022

Bureau of Indian Standards grant 630 licenses to MSME toy manufacturers

The Bureau of Indian Standards (BIS) has granted 630 licenses to MSME toy manufacturers as on 28.03.2022. Out of the 661 licenses granted by BIS to domestic toy manufacturers, 630 licenses that is 95% of licenses have been granted to MSME toy manufacturers.

April 6, 2022

Union Cabinet nod to USD 808 million for ‘Raising and Accelerating MSME Performance’

 The total outlay for the scheme is Rs 6,062.45 crore or USD 808 Million, out of which Rs 3750 crore or USD 500 Million would be a loan from the World Bank and the remaining Rs 2312.45 crore or USD 308 Million would be funded by the Government of India (GoI).

March 30, 2022

MSME minister launches special credit linked capital subsidy scheme for services sector

The scheme will help in meeting the technology-related requirements of enterprises in the services sector and has a provision of 25 per cent capital subsidy for procurement of plant & machinery and service equipment through institutional credit to the SC-ST MSEs without any sector specific restrictions on technology upgradation.

November 19, 2021

Odisha undertakes ‘Industry Care’ initiative

Senior officials from the Industries, MSME, Forest, Environment (Pollution Control) and Energy department were on a two day visit to Angul to engage with the industrial units formally and to address their issues on a high priority basis.

November 12, 2021

MSME exports in UP rise by 38%

Micro, Small, and Medium Enterprises (MSMEs) in Uttar Pradesh have recorded a 38 percent increase in exports since the government provided them with a platform on e-commerce websites.

October 27, 2021

Indian cos believe revival of MSME sector can boost rural employment

They include those in sectors such as banking and finance, construction and engineering, education/ teaching/ training, FMCG, hospitality.

September 17, 2021

HDFC Bank’s MSME book grows 30% to cross Rs 2 tn-mark

The scheme comes with a 2 per cent interest subvention and is a five-year tenor of which the first year gets a payment moratorium.

March 19, 2021