MSME sector

Udyami Bharat-MSME Day

June 26, 2023

Udyami Bharat-MSME Day is an important occasion that highlights the achievements and potential of Micro, Small, and Medium Enterprises (MSMEs) in India. This year, the event will be celebrated on June 27, bringing together key stakeholders from the government and ..

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National MSME Council

May 11, 2023

The inaugural meeting of the National MSME Council, held on 10th May 2023, marked a significant milestone in overseeing coordination, synergies, and advancements within the Micro, Small, and Medium Enterprises (MSME) sector. This article explores the purpose, importance, and outcomes ..

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Defence Ministry is top buyer of MSME Goods in 2022

January 31, 2023

The Government e–Marketplace was launched in 2016. It is an online platform used for procuring goods and services online. The main aim of GeM is to increase transparency, promote Aatma Nirbhar Bharat, and support small and local sellers. Recently, the ..

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FIT Rank for MSMEs

December 23, 2022

TransUnion CIBIL and Online PSB Loans Limited (OPL), under the mentorship of SIDBI, collaborated to launch the FIT Rank for MSMEs. What is FIT Rank? FIT Rank is a comprehensive ranking model that leverages the information obtained from GST, bank ..

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Self Reliant India (SRI) Fund

November 9, 2022

The Indian Government’s Self Reliant India (SRI) Fund committed Rs.5,000 crore in a year. What is SRI Fund? Self Reliant India (SRI) Fund is Rs.10,000 crore fund launched by the Indian Government. It is a SEBI-registered category-II Alternative Investment Fund ..

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SIDBI – D&B SPeX

October 7, 2022

Small Industries Development Bank of India (SIDBI) and Dun & Bradstreet have recently inked a Memorandum of Understanding (MoU) to create the SIDBI-D&D Sustainability Perception Index (SIDBI – D&B SPeX). Key facts The SIDBI – D&B SPeX will be released ..

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Mega International Summit on MSMEs’ Competitiveness and Growth

March 29, 2022

A two-day international summit on MSMEs’ Competitiveness and Growth is being organized by the Ministry of Micro, Small, and Medium Enterprises (MSME) in cooperation with the Entrepreneurship Development Institute of India, Ahmedabad from 29th March 2022 in New Delhi. Who ..

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Raising and Accelerating MSME Performance (RAMP) Programme

February 2, 2022

During the Union Budget 2022-23 presentation, the finance minister Smt Nirmala Sitaraman announced that RAMP programme is to be rolled out at an estimated cost of Rs 6,000 crores. The programme is to be implemented for 5 years. About the ..

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