MSME Current Affairs - 2019

Category Wise PDF Compilations available at This Link

GeM inks MoU with SIDBI for MSMEs

Government portal for public procurement GeM (Government e-marketplace) has inked MoU with Small Industries Development Bank of India (SIDBI) to boost MSME ecommerce sales. The MoU aims to enable promotion of special initiatives of GeM, such as Womaniya and Start-up Runway, with SIDBI stakeholders. It also seeks to promote MSMEs, women entrepreneurs, and Self Help Read More…

Month:  Categories: Business, Economy & Banking

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KVIC distributes more than 1 lakh Bee-Boxes under ‘Honey Mission’

The Khadi and Village Industries Commission (KVIC) distributed more than one lakh bee-boxes among farmers and unemployed youths across India in less than two years under its ‘Honey Mission’ initiative. This is the first time such mass scale distribution of honey bee boxes has taken place in country. About Honey Mission It was launched in Read More…

Month:  Categories: Government Schemes & Projects

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FinTech Conclave 2019

NITI Aayog had organised a day-long FinTech Conclave 2019 in New Delhi. The objective of the conclave was to shape India’s continued ascendancy in FinTech, build the narrative for future strategy and policy efforts, and to deliberate steps for comprehensive financial inclusion. The conclave looked into various dimensions of the future of the FinTech, particularly Read More…

Month:  Categories: Business, Economy & Banking

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PSBloansin59minutes.com emerges Largest Fintech Lending Platform

PSBloansin59minutes.com which was launched by Prime Minister Narendra Modi in 2018 has emerged as the country’s largest online lending platform, with loan sanctions exceeding over Rs 35,000 crore. The portal provides credit up to Rs 1 crore to micro, small and medium enterprises (MSMEs) in just 59 minutes or less than an hour. How the Read More…

Month:  Categories: Business, Economy & Banking

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New Initiative SWAYATT and GeM Start-up Runway launched

The Union Minister of Commerce and Industries Suresh Prabhu launched SWAYATT (Start-ups, Women and Youth Advantage Through eTransactions) and GeM Start-up Runway. Objectives of SWAYATT SWAYATT will bring together the key stakeholders within the Indian entrepreneurial ecosystem to Government e-Marketplace the national procurement portal. The objectives of SWAYATT are: To promote inclusiveness by catapulting various categories Read More…

Month:  Categories: Business, Economy & Banking

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Government Approves Continuation of CLCS-TUS Scheme for MSMEs

The Cabinet Committee on Economic Affairs (CCEA) has approved a three-year extension of the Credit Linked Capital Subsidy and Technology Up-gradation Scheme (CLCS-TUS) for Micro, Small and Medium Enterprises (MSME) with a total outlay of 2,900 crores on 13th February 2019. This scheme will continue beyond the 12th Five Year Plan for three years from Read More…

Month:  Categories: Government Schemes & Projects

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India Micro, Small, and Medium Enterprises Report 2018: Key Facts

The India Micro, Small, and Medium Enterprises Report 2018 has been released Kochi based Institute of Small Enterprises and Development at the  South India MSME Summit 2019 in  Bengaluru. Findings of the Report The important findings of the report include: MSMEs need radical reforms to solve its pressing problems and to utilize its potential. Several Read More…

Month:  Categories: Reports & Indices

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