Page-14 of MSME
KVIC distributes more than 1 lakh Bee-Boxes under ‘Honey Mission’
The Khadi and Village Industries Commission (KVIC) distributed more than one lakh bee-boxes among farmers and unemployed youths across India in less than two years under its ‘Honey Mission’ initiative. This is the first time such mass scale distribution of ..
Month: Current Affairs - May, 2019
PSBloansin59minutes.com emerges Largest Fintech Lending Platform
PSBloansin59minutes.com which was launched by Prime Minister Narendra Modi in 2018 has emerged as the country’s largest online lending platform, with loan sanctions exceeding over Rs 35,000 crore. The portal provides credit up to Rs 1 crore to micro, small ..
Month: Current Affairs - March, 2019
New Initiative SWAYATT and GeM Start-up Runway launched
The Union Minister of Commerce and Industries Suresh Prabhu launched SWAYATT (Start-ups, Women and Youth Advantage Through eTransactions) and GeM Start-up Runway. Objectives of SWAYATT SWAYATT will bring together the key stakeholders within the Indian entrepreneurial ecosystem to Government e-Marketplace the ..
Month: Current Affairs - February, 2019
Government Approves Continuation of CLCS-TUS Scheme for MSMEs
The Cabinet Committee on Economic Affairs (CCEA) has approved a three-year extension of the Credit Linked Capital Subsidy and Technology Up-gradation Scheme (CLCS-TUS) for Micro, Small and Medium Enterprises (MSME) with a total outlay of 2,900 crores on 13th February ..
Month: Current Affairs - February, 2019
India Micro, Small, and Medium Enterprises Report 2018: Key Facts
The India Micro, Small, and Medium Enterprises Report 2018 has been released Kochi based Institute of Small Enterprises and Development at the South India MSME Summit 2019 in Bengaluru. Findings of the Report The important findings of the report include: ..
Month: Current Affairs - January, 2019
Vibrant Gujarat Global Summit 2019
Prime Minister Narendra Modi inaugurated the 9th edition of Vibrant Gujarat Summit. On the occasion, the Prime Minister also set the target for breaching into top 50 rankings of the ease of doing business. The three-day Vibrant Gujarat Summit will witness the participation ..
Month: Current Affairs - January, 2019
Digital Initiatives for to promote the Ease of Doing Business of MSMEs
In the World Bank’s Doing Business (DB) rankings for 2019, India has climbed 23 spots to rank 77th globally. India has witnessed a substantial jump in the rankings for the second consecutive year. In the year 2018 India had jumped 30 ..
Month: Current Affairs - January, 2019
RBI forms expert committee to rejuvenate MSMEs
The Reserve Bank of India (RBI) has formed an expert committee to look into the various challenges being faced by MSMEs and suggest ways and measures to rejuvenate them. Composition of the Committee The eight-member committee would be chaired by ..