New Delhi, July 3 (IANS) The National SC‑ST Hub scheme is helping entrepreneurs from Scheduled Castes and Scheduled Tribes overcome barriers to markets, finance and technology and unlock access to larger opportunities, particularly in government procurement, an official statement said on Friday.The statement from the Ministry of Micro, Small & Medium Enterprises said the NSSH is creating opportunities for long-term growth, resilience and greater visibility, enabling SC or ST entrepreneurs …
Latest Ministry of Micro News & Updates
New Delhi, June 11 (IANS) In a significant step towards promoting economic prosperity and inclusion under the PM Vishwakarma (PMV) Scheme, the Ministry of Micro, Small and Medium Enterprises (MSME) on Thursday is implementing the One Station One Product (OSOP) initiative to provide dedicated market access to Divyangjan Vishwakarma artisans. The initiative is helping traditional craftspeople expand their customer base, increase sales and move towards sustainable livelihoods, the ministry said.Und…
New Delhi, June 2 (IANS) External Affairs Minister (EAM) S. Jaishankar on Tuesday met South African Deputy President Shipokosa Paulus Mashatile in the national capital and discussed strengthening cooperation across various sectors. Both sides also agreed to enhance coordination in international forums, building on their shared history as BRICS members and influential Global South voices.South African Deputy President Mashatile arrived in New Delhi on May 29 for a six-day working visit concluding…
New Delhi, June 2 (IANS) India and South Africa explored opportunities to strengthen cooperation and collaboration in the MSME sector, recognising its vital role in economic growth, employment generation, and inclusive development, the government has said.According to an official statement, both sides discussed potential areas of cooperation, including enhancing access to finance, promoting enterprise formalisation, accelerating digitalisation, strengthening entrepreneurship and skilling in MSME…
Kolkata, May 22 (IANS) Traditional artisans and craftspeople of West Bengal can now avail benefit under the PM Vishwakarma scheme with the state gradually launching a slew of such initiatives of the Union government led by Prime Minister Narendra Modi. PM Vishwakarma, launched by the Ministry of Micro, Small and Medium Enterprises (MSME) in September 2023 is a comprehensive effort to uplift India’s traditional artisans by combining training, financial support, and market access. It is aimed to…
New Delhi, May 7 (IANS) The Prime Minister’s Employment Generation Programme (PMEGP) has generated opportunities for approximately 36.33 lakh individuals, significantly contributing to livelihood creation and grassroots economic development across the country, the government said on Thursday.The Ministry of Micro, Small and Medium Enterprises’ flagship scheme, implemented through the Khadi and Village Industries Commission (KVIC), continues to play a pivotal role in promoting entrepreneurshi…
New Delhi, April 21 (IANS) India and South Korea have signed a Memorandum of Understanding to bolster cooperation in the Micro, Small, and Medium Enterprises sector as part of efforts to strengthen bilateral economic ties during President Lee Jae Myung’s visit to India. The Memorandum of Understanding was signed between India’s Ministry of Micro, Small, and Medium Enterprises and South Korea’s Ministry of SMEs and Startups, according to an official statement issued on Tuesday.The Memor…
New Delhi, April 15 (IANS) The government has approved more than 5.27 lakh guarantees worth Rs 92,000 crore for MSMES during February–March this year, demonstrating strong institutional support for the sector amid the global challenges triggered by the West Asia conflict, according to the Ministry of Micro, Small and Medium Enterprises on Wednesday.Over 20 lakh MSMEs were newly registered on the ministry’s Udyam portal during February–March 2026, taking the total number of registered enter…
New Delhi, Feb 12 (IANS) Replying to questions on the ‘progress report’ of PM Vishwakarma Yojana, Minister of State (MoS) for Labour and Employment Shobha Karandlaje told the Rajya Sabha on Thursday that the public welfare scheme was being rolled out at much faster pace than anticipated, and has even surpassed its own target of registrations under the stipulated period. The MoS told the House that 30 lakh people have been registered under the scheme, making them eligible to receive welfare benef…
New Delhi, Jan 27 (IANS) Delhi Chief Minister Rekha Gupta on Tuesday announced a tie-up with the Central government’s lending agency for guarantee-free loans for small entrepreneurs in the Capital to boost economic activity and employment. “Our government has ensured loan arrangements for Micro and Small Enterprises in Delhi without requiring guarantees or collateral,” she said.“Small entrepreneurs often face difficulties in obtaining loans without guarantees, but today the Delhi governm…