New Delhi, March 12 (IANS) About 7.83 crore Micro Small and Medium Enterprises (MSMEs) have registered on the Udyam Registration portal since 2020, while 1.37 lakh MSMEs have shut down in the same period, constituting just 0.17 per cent of MSMEs which have been closed, the Parliament was informed on Thursday.As recorded by 7.83 crore MSMEs registered on Udyam Registration Portal, total employment (as on February 28, 2026) is 34.50 crore, Union MSME Minister Jitin Ram Manjhi replied to a question…
Latest Ministry of MSME News & Updates
New Delhi, Feb 20 (IANS) Commerce and Industry Minister Piyush Goyal on Friday launched seven additional interventions under the Export Promotion Mission, a flagship initiative of the Centre aimed at empowering micro, small, and medium enterprises (MSMEs) for competing in global markets. These interventions are designed to address key challenges faced by Indian exporters, promote broad-based and inclusive export growth, and strengthen India’s position as a globally competitive export powerhous…
New Delhi, Jan 21 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved equity support of Rs 5,000 crore to Small Industries Development Bank of India (SIDBI).”The equity capital of Rs 5,000 crore shall be infused into SIDBI by the Department of Financial Services (DFS) in three tranches of Rs 3,000 crore in financial year 2025-26 at the book value of Rs 568.65 as on March 31, 2025 and Rs 1,000 crore each in financial years 2026-27 and 2027-28 at the book value…
New Delhi, Jan 18 (IANS) Union Minister for Micro, Small and Medium Enterprises (MSME) Jitan Ram Manjhi on Sunday inaugurated the PM Vishwakarma Haat 2026 in the capital, hailing it as a platform for artisans and craftspeople from disadvantaged and underprivileged backgrounds to showcase their talent and potential in the form of handcraft products.Ambassadors of Iraq and Rwanda were also present on the occasion along with senior officials of the MSME Ministry, representatives from States and Uni…
Guwahati, Jan 16 (IANS) The GI Mahotsav, an initiative of the Union government’s Ministry of MSME, is emerging as a key platform to promote India’s rich cultural heritage through Geographical Indication (GI)-tagged products, while opening new market opportunities for artisans, farmers and small producers, organisers said on Friday. Organised in Guwahati by the PHD Chamber of Commerce and Industry, the four-day exhibition brings together GI product holders from across the country, with a spec…
New Delhi, Jan 2 (IANS) As part of the initial rollout of the Export Promotion Mission, two key interventions under the Niryat Protsahan sub-scheme have been launched to strengthen MSME exports by providing affordable and easier access to trade finance, the Commerce Ministry said on Friday.The first intervention relates to interest subvention for pre- and post-shipment export credit, aimed at reducing the cost of export credit and easing working-capital constraints faced by MSME exporters, a Com…
New Delhi, Dec 31 (IANS) The Federation of Indian Export Organisations (FIEO) welcomed the launch of the Market Access Support (MAS) intervention on Wednesday as a timely, strategic step to strengthen India’s global export footprint, especially for MSMEs, first‑time exporters and priority sectors.FIEO said that MAS Intervention, under the government’s Export Promotion Mission will provide structured financial and institutional support for buyer‑seller meets, international trade fairs and e…