PM to address the post-budget webinar on ‘PM VIshwakarma KAushal Samman (PM VIKAS)’ on 11th March,2023

It is a part of 12 post-budget webinars being organized by government to seek ideas for implementation of budgetary announcements Webinar will have 4 breakout sessions covering the Budget announcement for the MSME sector, PM VIshwakarma KAushal Samman (PM VIKAS), This will involve holding discussions and deliberations with regard to design, structure, and implementation of […]

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Shri Narayan Rane launches MSME Competitive (LEAN) Scheme under MSME Champions Scheme

LEAN has potential to become a national movement and aims to provide a roadmap to global competitiveness for the MSMEs of the country: Shri Rane Union Minister for MSME Shri Narayan Rane launched the MSME Competitive (LEAN) Scheme today. Speaking on the occasion Shri Rane said that LEAN has the potential to become a national movement […]

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Shakti National Convention, 2023-Successful Women Entrepreneurs felicitated

On the occasion of Women’s Day, 2023, Ministry of MSME jointly organised SHAKTI NATIONAL CONVENTION 2023 with India SME Forum today  at New Delhi. Union Minister for MSME, Shri Narayan Rane graced the occasion as chief guest, Minister of State(MSME), Shri Bhanu Pratap Singh Verma was the guest of Honour in the presence of Shri […]

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How extension of ECLGS, LGSCAS initiatives wil benefit MSME Sector

ECLGS was announced as part of the Atmanirbhar Bharat package in May 2020 with the objective to help businesses including MSMEs to meet their operational liabilities and resume businesses in view of the distress caused by the Covid-19 crisis, by providing banks, 100 per cent guarantee against any losses suffered by them due to non-repayment […]

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SIDCO to launch two plug-and-play facilities for MSMEs in Chennai

SIDCO will open two plug-and-play facilities for MSMEs, one each in Ambattur and Guindy Tamil Nadu Small Industries Corporation Ltd. (SIDCO) will soon launch plug-and-play infrastructure to the tune of about 2.8 lakh sq ft for MSMEs in Chennai, according to V Arun Roy, Secretary-MSME Department, Government of Tamil Nadu. “The Tamil Nadu government is […]

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National Seminar cum Exhibition, on “Scope for Growth & Development of MSMEs” at Kankavli, Sindhudurg, Maharashtra

Ministry of MSME is going to organize the National Seminar cum Exhibition, on “Scope for Growth & Development of MSMEs” at Kankavli, Dist. Sindhudurg Maharashtra. The exhibition will take place from 19th to 21st February, 2023 Union Minister for MSME, Shri Narayan Rane along with  Shri Bhanu Pratap Singh Verma, MoS for MSME, would  grace the occasion. […]

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Schemes and programmes implemented for investment and adoption of latest technologies in MSME sector

Schemes and programmes implemented for investment and adoption of latest technologies in MSME sector; scheme for capacity building of first time exporters launched in June, 2022 The Ministry of Micro, Small and Medium Enterprises (MSME) has established Technology Centres (TCs) which provide technological support to industries through design & manufacture of tools, precision components, moulds, […]

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KVIC takes decision to increase the income of workers associated with Khadi

Keeping in mind the contribution of Khadi cotton-weavers, during its  694th meeting of KVIC held at Kutch, Gujarat on January 30, 2023 Khadi and Village Industries Commission under the Chairmanship of Shri Manoj Kumar, took a decision to increase the wages from Rs.7.50 per hank to Rs.10 per hank for income generation, which would increase […]

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Rs. 304.65 Crores Loan & Rs.100.55 Crore Margin Money Subsidy disbursed in West Zone under PMEGP Scheme

Steps towards self-employment and self-reliance by establishing enterprise Taking another leap forward towards self-reliant India, Shri Manoj Kumar, Chairman, Khadi and Village Industries Commission, distributed margin money subsidy of Rs 100.55 crore to 1463 beneficiaries of Western Region (Goa, Maharashtra, Gujarat, Daman and Diu, Dadra-Nagar Haveli) against the sanctioned loan of  Rs 304.65, in which  […]

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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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