Uttar Pradesh (UP) has emerged among the top three states in India as a significant contributor to India’s Micro, Small and Medium Enterprises (MSME) sector, with a 9% share in the country’s MSME landscape, … READ FULL STORY
The Ministry of Micro, Small and Medium Enterprises, an executive branch of the Government of India, develops and administers rules, regulations, and laws related to micro, small, and medium enterprises in the country. MSME: … READ FULL STORY
The ECLGS scheme is a financial package that India conceptualized, to save small businesses from the unprecedented and devastating effects of the Coronavirus pandemic. The scheme was launched by the Ministry of Finance, under … READ FULL STORY
Micro, small and medium-sized enterprises (MSMEs) play a vital role in shaping India’s economy. They also help to improve the nation’s less developed and rural regions by providing job possibilities. More than six million … READ FULL STORY
Do you know why MSMEs (micro, small and medium enterprises) are called the backbone of the Indian economy? MSMEs’ contribution to India’s growth is around 30%. According to reports, there are more than 11 … READ FULL STORY
The finance minister of India has unveiled details of the first and second tranche of the Rs 20-lakh-crore stimulus package that was announced by prime minister Narendra Modi on May 12, 2020, to deal … READ FULL STORY
Finance minister Piyush Goyal, on January 28, 2019, exhorted state-run banks to step up lending to micro, small and medium enterprises, agriculture and housing sectors and also assured these lenders of all kinds of … READ FULL STORY
