MSME-Technology Centres

Narayan Rane, the Union MSME Minister has announced the formation of the MSME Technology Centre at Sindhudurg, Maharashtra. This will be set up at a cost worth Rs 200 crore. Overview: The Konbac Sfurti Cluster in Kudal was also launched. ..

Month: Current Affairs - February, 2022

Category: Economy & Banking Current Affairs • India Nation & States Current Affairs

India-UAE Venture Capital Fund

India and UAE have together created 150 million USD fund to support the startups. The fund will help to create ten unicorns within 2025. Unicorns are startups whose value is more than 1 billion USD. The fund was launched at ..

Month: Current Affairs - January, 2022

Category: International / World Current Affairs

SAMBHAV National Level Awareness Programme, 2021

Ministry of Micro, Small & Medium Enterprises launched the “SAMBHAV National Level Awareness Programme, 2021” in new Delhi on October 27, 2021. Key Points With the launch of programme, Union Minister of MSME Narayan Rane called for engagement of youth ..

Month: Current Affairs - October, 2021

‘Innovation Mission Punjab’ (IMPunjab) Launched

Chief Minister of Punjab, Amarinder Singh, launched ‘Innovation Mission Punjab’ (IMPunjab) on September 1, 2021. Highlights IMPunjab is a public-private partnership mission that will bring in global investors and experts to catalyze start-ups. This Mission will boost the growth potential ..

Month: Current Affairs - September, 2021

Udyam Scheme: 11 lakh MSMEs registered

On November 7, 2020, the Government of India announced that over 11 lakh MSMEs have registered on the new online system of Udyam Registration. It was launched in July 2020. Key Highlights According to GoI, over 3.72 lakh have been ..

Month: Current Affairs - November, 2020

Actor Sushant Singh Rajput dies

On June 14, 2020, actor Sushant Singh Rajput was found dead in his Mumbai apartment. According to Mumbai police, he had committed suicide Highlights The actor has played lead roles in TV series. He won the best actor award at ..

Month: Current Affairs - June, 2020

SIDBI to launch Swavalamban Express Train

The Small Industries Development Bank of India (SIDBI) said that it will launch Swavalamban Express Train on June 5 this year for budding entrepreneurs. The Swavalamban Express will travel to 11 cities covering 7,000 km in 15 days. This is ..

TRIFED launches ‘Tech for Tribals’ initiative

Tribal Cooperative Marketing Development Federation of India (TRIFED) has launched an initiative called ‘Tech for Tribals’ in partnership with Institutes of National Importance (INIs) to promote entrepreneurship among tribal people. The initiative, which is supported by Ministry of MSME, aims to ..

Kiran Mazumdar-Shaw named as EY Entrepreneur of the Year 2019

The 21st edition of the Ernst and Young (EY) awards for the year 2019 was presented recently. The Founder and CMD of India’s leading Biopharmaceutical firm-Biocon, Kiran Mazumdar-Shaw was named as the EY Entrepreneur of the Year 2019. She is ..

India ranked third globally in number of new firms created

The Economic Survey 2019-20 presented on January 31, 2020 stated that India is ranked third globally in number of new firms created. It also revealed that as many as 1,24,000 new firms have been created in India in the year ..