Ministry of Micro, Small and Medium Enterprises has launched two sub-schemes under RAMP Programme namely (i) MSE Green Investment and Financing for Transformation Scheme (MSE GIFT Scheme) and (ii) MSE Scheme for Promotion and Investment in Circular Economy (MSE SPICE Scheme) on 20th December, 2023. The MSE Green Investment and Financing for …
Read More »PRIME MINISTER’S EMPLOYMENT GENERATION PROGRAMME (PMEGP)
Ministry of MSME, through Khadi and Village Industries Commission, is implementing Prime Minister’s Employment Generation Programme (PMEGP) for assisting entrepreneurs in setting up of new micro units in the non-farm sector. It aims to provide employment opportunities to traditional artisans/ rural and urban unemployed youth at their doorstep.The target and achievements under the …
Read More »DIGITAL TRANSFORMATION OF MSMEs
Ministry of MSME has undertaken several initiatives to access modern technology and digital transformation of Micro, Small and Medium Enterprises (MSMEs). These inter-alia, include Udyam Registration,MSME Champions Portal, Government e-Marketplace (GeM), Trade Receivables Discounting System (TReDS), msmemart.com,MSME SAMBANDH for monitoring of procurement by Central Public Sector Enterprises (CPSEs) from Micro and …
Read More »PARTICIPATION OF MSMEs IN DIGITAL COMMERCE WITHOUT PAYING HIGH COMMISSION
Marketing on e-commerce platforms opens a wide market for MSMEs. However, it is associated with significant transaction costs. To help micro and small enterprises market their products through ecommerce platform, and reach wider markets, the Ministry of Micro, Small and Medium Enterprises launched a sub-scheme under RAMP namely “MSME Trade …
Read More »INTERNSHIPS FOR STUDENTS OF VARIOUS TECHNICAL DISCIPLINES WITHIN MSMEs
The Ministry of Micro, Small and Medium Enterprises has a network of Technology Centres(TCs) in various sectors like General Engineering, Electronic System Design and Manufacturing, Automobile, Leather and Footwear, Sports Goods etc. across the country. Some of the TCs have collaboration with academic institutions like Indian Institute of Technology (IITs), …
Read More »COLLABORATION BETWEEN INDUSTRIES AND ACADEMIA
In view of the importance of collaboration between industries and academia for capacity building and enhancing industrial skills of the students/MSMEs in the country, Ministry of Micro, Small and Medium Enterprises (MSME) is implementing MSME Innovative Scheme under MSME Champions Scheme to ensure industry-academia linkages for MSMEs. The scheme has …
Read More »OPEN NETWORK DIGITAL COMMERCE (ONDC)
As a sub-scheme under the Central Sector Scheme “Raising and Accelerating MSME Performance”, the Ministry of MSME launched a sub-scheme “MSME Trade Enablement and Marketing Initiative” (MSME-TEAM Initiative), which aims at assisting five lakh Micro, Small and Medium Enterprises (MSMEs) to onboard the Open Network Digital Commerce (ONDC) platform, through …
Read More »NEW SCHEME FOR MSMEs
The PM Vishwakarma Scheme was announced by the Hon’ble Finance Minister in the Annual Union Budget 2023-24 on 01.02.2023 and launched by the Hon’ble Prime Minister on 17.09.2023. The Scheme aims to provide end-to-end support to artisans and craftspeople who work with their hands and tools. The Scheme components include …
Read More »Extension of Deadline for Comments on TRAI’s Consultation Paper: Critical Devices in M2M Sector and Transfer of Ownership of M2M SIMs
Telecom Regulatory Authority of India (TRAI) had released a Consultation Paper on ‘The Issues Related to Critical Services in the M2M Sector, and Transfer of Ownership of M2M SIMs’ on 24.06.2024. The last date for receiving written comments on the issues raised in the consultation paper from stakeholders was fixed …
Read More »India Balances Coal Mining Output with Strategic Pollution Reduction Measures
India is effectively managing the delicate balance between increasing its coal mining output and strategically phasing down the polluting processes associated with coal mining. This approach aims to boost energy production while mitigating environmental impacts. Chhattisgarh-based Coal India subsidiary Southeastern Coalfields Limited’s (SECL) Gevra and Kusmunda coal mines have secured …
Read More »