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Credit Guarantee Scheme for Subordinate Debt (CGSSD)

March 16, 2022

On 14th March Ministry of Micro, Small and Medium Enterprises (MSMEs) announced the extension of the Credit Guarantee Scheme for Subordinate Debt (CGSSD) by another year. About extension of the scheme Launched in June 2020, the Credit Guarantee Scheme for ..

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MSME Innovative Scheme

March 11, 2022

On 10th March 2022, Narayan Rane, Minister of Micro, Small, and Medium Enterprises (MSMEs) launched the MSME Innovative Scheme. About the scheme MSME Innovative Scheme aims to guide the MSMEs in developing business ideas into viable business propositions. Thus the ..

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SAMARTH-Entrepreneurship Promotion Drive

March 8, 2022

On 7th March 2022, Union Minister for Micro, Small, and Medium Enterprises (MSME), Narayan Rane launched “SAMARTH”, a special entrepreneurship promotion drive for women. Highlights of the launch event At the launch event, the MSME minister held that there are ..

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NSE-Telangana MoU to Support MSMEs

March 8, 2022

To support micro, small and medium enterprises (MSME) to raise funds through the NSE Emerge platform, the government of Telangana and the National Stock Exchange of India has signed an MoU Overview: Under this MoU, the stock exchange, with the ..

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‘Sambhav’ and ‘Svavlamban’ initiatives

March 5, 2022

‘Sambhav’ and ‘Svavlamban’ are the initiatives to tackle the issue of plastic waste in India. About the initiatives ‘Sambhav’ and ‘Svavlamban’ initiatives were launched by Union Minister of State for Micro, Small and Medium Enterprises (MSMEs), Bhanu Pratap Singh Verma, at ..

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Defence Acquisition Procedure (DAP) 2020

March 4, 2022

Defence Acquisition Procedure (DAP) 2020 promotes self-reliance in defence manufacturing in the spirit of ‘Aatmanirbhar Bharat Abhiyan’. Background of DAP 2020 In 2002, Defence Procurement Procedure (DPP) was initiated to streamline the procurement of military hardware for the Armed Forces ..

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MSME-Technology Centres

February 26, 2022

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. ..

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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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