Page-3 of MSME sector
First Silk Processing plant in Gujarat to boost “PATOLA SAREE” production
On January 3, 2020, the Khadi and Village Industries Commission (KVIC) inaugurated the first “Patola Saree” production unit in Gujarat. This will help to cut down the cost of silk yarn production and also will increase the sale of raw ..
Month: Current Affairs - January, 2020
Bharatcraft portal: Government to launch e-commerce marketing platform
Union Minister Nitin Gadkari has announced that Union Ministry of Micro, Small and Medium Enterprises (MSMEs) is planning to launch Bharatcraft portal, a desi version e-commerce marketing platform. It will be based on the lines of e-commerce behemoths such as ..
Month: Current Affairs - August, 2019
Recommendations of U K Sinha Committee
The Reserve Bank of India (RBI) had constituted an Expert Committee on Micro, Small and Medium Enterprises under the chairmanship U K Sinha to suggest long-term measures for the economic and financial sustainability of the MSME sector. Recommendations of the ..
PM launches Support and Outreach Programme for MSME Sector
Prime Minister Narendra Modi launched Micro, Small and Medium Enterprises (MSME) Support and Outreach Programme. As part of this programme, PM unveiled 12 key initiatives which will help the growth, expansion and facilitation of MSMEs across the country. There are ..
Month: Current Affairs - November, 2018
MSME Insider: Monthly e-Newsletter of MSME Ministry launched
Union Ministry of Micro, Small and Medium Enterprises (MSMEs) has launched its monthly e-newsletter MSME Insider. The e-newsletter will give information of activities undertaken by MSME Ministry and also act as bridge between Ministry and millions of MSME units spread ..
Month: Current Affairs - September, 2018
India-South Korea Technology Exchange Centre inaugurated in New Delhi
The India-Korea Technology Exchange Centre was inaugurated at National Small Industries Corporation premises in New Delhi. It was inaugurated by Minister of State (I/C) MSME Giriraj Singh and Minister of SMEs and Start-ups of South Korea, Hong Jong- hak. India-Korea ..
Month: Current Affairs - July, 2018
SIDBI celebrates its foundation day
The Small Industries Development Bank of India (SIDBI) celebrated its foundation day this year on April 2, 2018. The day was celebrated as day of Sampark (connect), Sanwad (interaction), Suraksha (security) and Sampreshan (disseminate). Several initiatives were launched on this ..
Month: Current Affairs - April, 2018
CriSidEx: CRISIL, SIDBI launches India’s first MSE Sentiment Index
The SIDBI (Small Industries Development Bank of India) and ratings agency Crisil have launched CriSidEx, India’s first MSE Sentiment Index for micro, small and medium enterprises (MSMEs). The index will help to indicate the current state and expected outlook on ..