Latest MSME sector News & Updates

New Delhi, May 14 (IANS) The government has accelerated formalisation of unregistered enterprises through the Udyam and Udyam Assist platforms, bringing over 7.9 crore MSMEs and informal micro enterprises into the formal economy, an official statement said on Thursday.Targeted policy measures are improving access to credit, strengthening legal safeguards and enhancing ease of doing business, while digital platforms such as GeM, TReDS and SAMADHAAN are enabling better market access and faster pay…

Gandhinagar, April 30 (IANS) The Gujarat government on Thursday disbursed Rs 1,349.50 crore to 11,029 beneficiaries across industrial sectors through a single digital transaction, as part of efforts to improve the speed and transparency of financial assistance.The transfer was carried out under the “Single Click Payment Programme” organised at the Vibrant Gujarat Regional Conference (VGRC) in Surat, in the presence of Deputy Chief Minister Harsh Sanghavi.The initiative, led by the state’s …

New Delhi, April 21 (IANS) In a bid to enhance Indian Army’s minefield breaching capability, Defence Ministry on Tuesday said it has signed contracts with Bharat Earth Movers Limited (BEML) and Electro Pneumatics and Hydraulics (India) Pvt Ltd for the procurement of TRAWL Assembly for T-72/T-90 Tanks for nearly Rs 975 crore.According to an official statement, the TRAWL Assembly for T-72/T-90 Tanks is a critical equipment developed by DRDO which will enhance the minefield breaching capability o…

Gandhinagar, April 1 (IANS) The Gujarat government has approved investment-linked assistance for 23 industrial units worth more than Rs 1,607 crore, a move expected to generate an estimated 5,634 jobs across multiple districts, officials said after a high-level committee meeting on Wednesday.​ The approvals were granted at a meeting chaired by Deputy Chief Minister Harsh Sanghavi, where final eligibility certificates for state support were cleared for the selected units.​The assistance is ai…

Chandigarh, March 25 (IANS) Haryana Chief Minister Nayab Singh Saini on Wednesday met Ambassador (Extraordinary and Plenipotentiary of Russia) Denis Alipov here and held detailed discussions aimed at further strengthening bilateral engagement and exploring new avenues of cooperation between Haryana and Russia. ​ The meeting began with a general review of the longstanding and time-tested partnership between India and Russia. A significant part of the discussions focused on the prospects for exp…

Imphal, March 18 (IANS) Manipur Chief Minister Yumnam Khemchand Singh on Wednesday underscored that peace, stability, and development are interdependent, stating that “without development, there can be no lasting peace”. Launching the ‘State Focus Paper 2026-27’ at a seminar themed “Credit-Led Development in Manipur,” the Chief Minister highlighted that stability cannot be sustained without inclusive growth. “Inclusive growth is the foundational principle on which we will build our wor…

Jaipur, March 7 (IANS) Former Rajasthan Chief Minister Vasundhara Raje said that women form the strongest foundation of a family, and if that foundation weakens, the entire structure of the household is shaken. She was addressing the International Women’s Day Felicitation and Awards Ceremony organised at JECRC University in Jaipur.Raje said that women’s representation in politics is still not adequate. To address this, Prime Minister Narendra Modi introduced the Nari Shakti Vandan Act, which…

New Delhi, March 3 (IANS) Prime Minister Narendra Modi on Tuesday said the world is actively seeking reliable and resilient manufacturing partners and “India has the opportunity to play this role strongly” amid shifting global dynamics.Addressing a post-Budget Webinar, focusing on the theme of “Sustaining and Strengthening Economic Growth”, PM Modi urged stakeholders to invest with confidence, adopt cutting-edge technology, make significant investments in research, and maintain global quality …

Itanagar, Feb 23 (IANS) Arunachal Pradesh Chief Minister Pema Khandu on Monday underscored the crucial role of the Micro, Small and Medium Enterprises (MSME) sector in driving India’s economic growth, stating that since 2014, several policy interventions have been undertaken under the leadership of Prime Minister Narendra Modi to strengthen the country’s economy.Under the MSME policies, there has been special emphasis on uplifting Scheduled Castes and Scheduled Tribes through the creation of…

New Delhi, Feb 22 (IANS) The Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal said on Sunday that the upcoming Holi festival is expected to generate business exceeding Rs 80,000 crore across India this year, reflecting a growth of nearly 25 per cent compared to last year’s estimated Rs 60,000 crore. He noted that due to the appeal of Prime Minister Narendra Modi to promote “Vocal for Local”, India-made products are dominating the markets this Holi. Herbal gulal, nat…