Pradhan Mantri Mudra Yojana generated 1.12 crore net additional employment from 2015 to 2018

As per the results of a large sample survey conducted at the national level by Ministry of Labour and Employment (MoLE) to assess employment generation under Pradhan Mantri Mudra Yojana (PMMY), the scheme helped in generating 1.12 crore net additional employment during a period of approximately 3 years (i.e. from 2015 to 2018). This was stated […]

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Government provides a big relief to MSMEs for COVID-19 period; fulfils promise announced in Union Budget 2023-24

95% of bid or performance security forfeited for failure to execute contracts to be refunded; No interest shall be paid on such refunded amount Relief provided in all contracts for procurement of Goods and Services, entered into by Ministry/ Department/ CPSE etc. with MSMEs The Ministry of Finance today provided a major relief to Micro, […]

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