Latest MSMEs News & Updates

New Delhi, Jan 31 (IANS) India’s leadership has articulated a clear vision for the future, and institutions must collectively contribute — both individually and collaboratively — towards achieving the goal of Viksit Bharat, said Gyaneshwar Kumar Singh, Director General and CEO, Indian Institute of Corporate Affairs (IICA), it was announced on Saturday.He emphasised the growing and evolving demands from industry and the need for institutions to remain relevant to national priorities, accord…

New Delhi, Jan 30 (IANS) The BJP on Friday slammed the Leader of the Opposition in the Lok Sabha, Rahul Gandhi, accusing him of creating doubts and attempting to malign India’s ‘Make in India’ initiative, particularly in the manufacturing sector. Speaking to IANS, BJP National Spokesperson Tuhin Sinha alleged that Rahul Gandhi has, for some time now, been consistently questioning and undermining India’s manufacturing capabilities.“Rahul Gandhi has been continuously creating doubts and …

New Delhi, Jan 30 (IANS) Prime Minister Narendra Modi on Friday highlighted that the historic India-EU free trade agreement fully aligns with the vision of making India a developed country.The Prime Minister referred to an article written by Commerce Minister Piyush Goyal stating that “the government has delivered a transformative agreement that expands markets, creates jobs and protects India’s core interests”.In the article, Goyal has stated that the India–EU free trade agreement is a hist…

New Delhi, Jan 29 (IANS) The Economic Survey 2025-26 paints a clear and encouraging picture of India’s economic journey, describing it as a fast-moving “Reform Express” making steady progress even as the world faces uncertainty, Prime Minister Narendra Modi said on Thursday.Prime Minister Modi said that the Survey, tabled in the Parliament earlier in the day, reflects the strength of India’s economic foundations and the government’s continuous efforts to drive growth, innovation and inclus…

New Delhi, Jan 29 (IANS) Terming the EU–India Free Trade Agreement (FTA) “historic”, Sweden’s Ambassador to India Jan Thesleff said the pact reflects strong mutual confidence between India and the European Union and will unlock significant new opportunities for Swedish companies, particularly small and medium-sized enterprises (SMEs), in India and vice versa.In an exclusive interview to IANS, Thesleff said: “This is an agreement that truly shows the confidence India places in the European Un…

Vadodara, Jan 29 (IANS) The signing of the Free Trade Agreement (FTA) between India and the European Union (EU) has been welcomed by traders in Gujarat’s Vadodara, who see it as a positive development for domestic trade and exports. Business leaders believe the agreement will help Indian exporters access European markets while reducing the impact of rising global trade barriers.Ramesh Patel, Vadodara Trade Development Organisation President and Advisor to Confederation of All India Traders (CAIT…

New Delhi, Jan 29 (IANS) A key message emerging from the Economic Survey 2025-26 is the importance of regulatory quality, state capacity, and sustained deregulation as enablers of medium-term growth, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said on Thursday.The Survey offers a balanced and realistic appraisal of India’s macroeconomic conditions, investment trends, labour market developments and external sector performance, set against a backdrop of global uncertaint…

New Delhi, Jan 29 (IANS) Micro, Small and Medium Enterprises form the backbone of India’s industrial economy, accounting for approximately 35.4 per cent of manufacturing, around 48.58 per cent of exports and 31.1 per cent of GDP, the government said on Thursday in Economic Survey 2025-26.Self‑Reliant India (SRI) Fund, launched to infuse Rs 50,000 crore as equity funding for MSMEs, has assisted 682 MSMEs with investments totalling Rs 15,442 crore as of November 30, 2025, according to the offi…

New Delhi, Jan 29 (IANS) There has been a significant improvement in the asset quality of scheduled commercial banks with a sharp decline in the percentage of bad loans and higher recoveries, according to the Economic Survey 2025-26, tabled in the Parliament by Finance Minister Nirmala Sitharaman on Thursday.It points out that the gross non-performing asset (GNPA) ratio and net NPA ratio have reached multi-decadal lows while the capital-to-risk-weighted-asset ratio (CRAR) of banks remained stron…

Jaipur, Jan 29 (IANS) The Rajasthan government has introduced a new Aerospace and Defence Policy, aiming to develop the state as a major hub for aerospace and defence manufacturing. The policy announced on Wednesday, is expected to boost investment, generate employment, and accelerate industrial development across the state.Under the leadership of Chief Minister Bhajan Lal Sharma, the state government is pursuing a multi-dimensional development strategy for a developed Rajasthan.Along with agric…