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“Digital MSME” Scheme for Promotion of Information and Communication Technology (ICT) in MSME Sector

The MSME sector is the backbone of the Indian Economy and one of the prime drivers of employment. Despite its apparent success in the last couple of years, Indian MSME sector is facing many challenges. Apart from the traditional problems, they are also increasingly exposed to international competition. Therefore, MSMEs …

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Karnataka To Provide INR 400 cr TO Mentor 100 Startups

Karnataka would provide Rs 400 crore fund to mentor 100 start-ups with idea validation, incubation facilities and expertise in accounting and legal norms, said state IT and BT Minister Priyank Kharge on Tuesday. Kharge said that his department will soon hold open houses to select the start-ups for seed funding …

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ABOUT GOVERNMENT E-MARKETPLACE (GEM) Based on recommendations of Group of Secretaries made to Hon’ble Prime Minister, the Government decided that DGS&D will create a one stop Government eMarketplace (GeM) to facilitate online procurement of common use Goods & Services required by various Government Departments / Organizations / PSUs. GeM aims …

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SAP India signs MoU with Ministry of MSMEs to launch Bharat ERP

On the occasion of International Day for MSMEs, SAP SE (NYSE: SAP) today signed a Memorandum of Understanding (MoU) with the Ministry of Micro, Small and Medium Enterprises (M/o MSME) to jointly launch Bharat ERP – an exclusive program to empower MSMEs with next-gen technology to fuel their digital journey. …

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GST transition: YES Bank launches tailor-made programme for MSMEs

To prepare micro, small and medium enterprises (MSMEs) for migration to the new goods and service tax (GST) system, YES Bank along with Yes Global Institute has launched a tailor-made programme for MSMEs. The private sector bank has initiated the programme on the back of its findings of a nationwide …

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Chandrababu Naidu announces Rs 100 cr for MSME development

AP Chief Minister N. Chandrababu Naidu announced that the Andhra Pradesh Micro, Small and Medium Enterprises Development Corporation would be set up with a budget of Rs. 100 crore to strengthen MSMEs in the State. Launching the logo of AP MSMEDC, he said the Corporation would help to develop marketing, …

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With a major push of MSME Ministry and its nodal agency Coir Board, Coir exports are soaring at a speed.

Coir sector (jute industry) have registered a tremendous growth with an all time high figure of Rs 2282 crore. With a major push of MSME Ministry and its nodal agency Coir Board, Coir exports are soaring at a speed. Coir exports stood at Rs 1116 crore in 2012-13, Rs 1476 …

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ITC celebrates first ever International MSME Day on June 27

The first ever Micro, Small and Medium-sized Enterprises (MSMEs) Day will be celebrated on 27 June 2017 and every year thereafter. Please join the International Trade Centre and its partners in marking this occasion. Purpose MSME Day highlights the strong contribution of MSMEs worldwide to livelihoods, communities and economies and …

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Micro & Small Enterprises – Cluster Development Programme (MSE-CDP)

The Ministry of Micro, Small and Medium Enterprises (MSME), Government of India (GoI) has adopted the cluster development approach as a key strategy for enhancing the productivity and competitiveness as well as capacity building of Micro and Small Enterprises (MSEs) and their collectives in the country. Clustering of units also …

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