New Delhi, Jan 26 (IANS) MSMEs are the most powerful platform for job creation and if India is to become prosperous, there is nothing more effective than MSMEs, according to Minister for MSME, Jitan Ram Manjhi.The minister said that MSMEs make a significant contribution to the economy.“They strengthen prosperity and after agriculture, MSMEs are the sector contributing the most to economic growth. They play a crucial and decisive role,” he said while interacting with the MSME beneficiaries wh…
Latest MSME News & Updates
New Delhi, Jan 24 (IANS) Chief Minister Yogi Adityanath on Saturday extended heartfelt congratulations to the people of the state on the occasion of Uttar Pradesh Day, asserting that the state of infinite possibilities has broken the shackles of struggle and policy apathy to emerge as the growth engine of India’s development. The Chief Minister shared a video message on social media platform X, addressing the people of the state and highlighting the transformation Uttar Pradesh has witnessed i…
New Delhi, Jan 19 (IANS) More than 3.96 lakh MSME loan applications amounting to more than Rs 52,300 crore have been sanctioned by the Public Sector Banks (PSBs) under the digital credit underwriting programmes (between April 1 and December 31, 2025), the government said on Monday.The PSBs launched Credit Assessment Model (CAM) based on digital footprints for Micro, Small and Medium Enterprises (MSMEs) last year.According to Ministry of Finance, this credit assessment model leverages the digital…
New Delhi, Jan 17 (IANS) The All India Institute of Ayurveda (AIIA) has reiterated its dedication to foster entrepreneurship, innovation in Ayurveda through its startup incubation centre, Incubation Centre for Ayurveda Innovation and Entrepreneurship (AIIA-iCAINE), the Ministry of Ayush said.Through AIIA-iCAINE, the Institute supports new-age ventures that contribute to evidence-based, sustainable, and inclusive health solutions.“AIIA-iCAINE continues to empower innovators by providing a struc…
New Delhi, Jan 15 (IANS) India’s merchandise exports rose to $38.51 billion in December from $38.13 billion in November despite the uncertainties in the global market triggered by the US tariff turmoil and geopolitical tensions, according to data released by the Ministry of Commerce on Thursday.The government data showed December services exports were estimated at $35.50 billion and imports at $17.38 billion, suggesting a services trade surplus of $18.12 billion.However, merchandise imports rose…
New Delhi, Jan 13 (IANS) Commerce and Industry Minister Piyush Goyal on Tuesday listed the trade talks with the EU in Brussels and the rollout of the Export Promotion Mission in a roundup of “major highlights” from his Ministry in the last 10 days.”Held a productive dialogue with the European Union Trade and Economic Security Commissioner, Mr Maros Sefcovic, in Brussels. We conducted detailed deliberations on key areas of the proposed India-EU FTA. Also emphasised the strategic importance of con…
Bhopal, Jan 12 (IANS) Bhopal witnessed a bold declaration of intent at the Madhya Pradesh Startup Summit and Ecosystem Awards 2026, held at Ravindra Bhavan. Madhya Pradesh has announced its ambitious plan to expand its startup base from the current 6,500 to 10,000 within the next year-and-a-half, underscoring its growing role in India’s dynamic entrepreneurial landscape. Principal Secretary (Industry) of Micro, Small and Medium Enterprise (MSME), Raghvendra Kumar Singh, highlighted that the summ…
Ahmedabad, Jan 11 (IANS) The regional edition of Vibrant Gujarat, aimed at translating the vision of ‘Viksit Gujarat se Viksit Bharat’ into action, opened in Rajkot on Sunday with a grand launch at Marwadi University. Prime Minister Narendra Modi inaugurated the five-day business exhibition and the Vibrant Gujarat Regional Conference in the presence of Chief Minister Bhupendra Patel, Deputy Chief Minister Harsh Sanghavi and Chief Secretary M.K. Das.After the inauguration, the Prime Minister tour…
Ahmedabad, Jan 11 (IANS) Rwanda’s High Commissioner, Jacqueline Mukangira, lauded the Vibrant Gujarat Regional Conference on Sunday and underlined the warm and growing ties between India and Rwanda. Recalling Prime Minister Narendra Modi’s 2018 visit to Kigali, where he presented 200 Gir cows to economically vulnerable families, she expressed deep appreciation for the gesture.She noted that Rwanda’s President has visited India five times and attended the 2017 Vibrant Gujarat Summit, reflec…
Vadodara, Jan 6 (IANS) To boost India’s indigenous nuclear manufacturing capabilities, a Vadodara-based MSME has successfully developed critical equipment used in nuclear power plants after three years of intensive research and development. The equipment — used for the safe handling, transportation, and storage of spent nuclear fuel rods — is now being manufactured locally, marking a major milestone for India’s nuclear energy sector.The achievement aligns with the ‘Make in India’ and ‘Aatmanir…