Latest MSMEs News & Updates

New Delhi, July 16 (IANS) The Rajya Sabha is set for a busy Monsoon Session beginning from July 20, with the Union government unveiling a tentative Legislative agenda that places judicial reforms, taxation measures and support for micro, small and medium enterprises (MSMEs) at the forefront. According to the Parliamentary Bulletin issued on Thursday, Members will deliberate on five new Bills, alongside key pending legislation, covering areas such as the expansion of the Supreme Court’s strength,…

Raipur, July 16 (IANS) In a major boost to industry and entrepreneurship, the Chhattisgarh Legislative Assembly has passed the Chhattisgarh Ease of Doing Business Act, 2026. It is a comprehensive risk-based business approval system. After a debate and an amendment replacing “coordinator” with “Secretary” (the state’s chief secretary), the Bill was passed by voice vote. The new law aims to dramatically reduce bureaucratic hurdles for businesses by categorising them according to risk profiles base…

Mumbai, July 15 (IANS) Maharashtra Chief Minister Devendra Fadnavis said on Wednesday that implementation of the landmark India-United Kingdom (UK) Free Trade Agreement (FTA) is set to unlock unprecedented global trade, investment, and export opportunities for the state. Speaking at the launch ceremony of the trade pact’s implementation in Mumbai, Chief Minister Fadnavis added that a progressive India relies on a progressive Maharashtra.He expressed firm confidence that Maharashtra’s march towar…

Jaipur, July 15 (IANS) Union Minister for Culture and Tourism Gajendra Singh Shekhawat on Wednesday hailed the India-UK Free Trade Agreement (FTA) as a landmark step in India’s economic journey, saying it would not only strengthen bilateral trade but also generate new employment opportunities for the country’s youth and accelerate economic growth.Speaking to the media at Jaipur Airport, Shekhawat said the agreement is the result of Prime Minister Narendra Modi’s diplomacy, which places national …

New Delhi, July 15 (IANS) Export consignments worth over $140 million were dispatched on the first day of the landmark India–United Kingdom Comprehensive Economic and Trade Agreement (CETA) coming into force on Wednesday.A formal inauguration event to mark the entry into force of CETA was held at Vanijya Bhawan here. The function was attended by British High Commissioner to India Lindy Cameron, Commerce Secretary Rajesh Agrawal, Director General of Foreign Trade, representatives of Industry Ex…

New Delhi, July 15 (IANS) India and European Union moved to deepen textile and apparel ties as the Bharat Tex Trade Federation and France’s Première Vision signed a Letter of Intent (LoI) to boost trade, innovation and sustainable sourcing, an official statement said on Wednesday.The statement from the Ministry of Textiles said the partnership will also promote innovation, sustainability, design excellence, trend intelligence and global sourcing across the textile value chain.It will create new…

New Delhi, July 15 (IANS) After the success of the ‘Semicon 1’ initiative, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the ‘Semicon 2.0’ scheme for the development of a domestic semiconductor design and manufacturing ecosystem, with a total budget outlay of Rs 1,27,500 crore.To date, 12 manufacturing units have been approved with a cumulative investment of over Rs 1.64 lakh crore. These include one silicon fab, one silicon carbide fab, an integrated …

New Delhi, July 15 (IANS) The Indian Pharmacopoeia Commission (IPC) has signed a Memorandum of Understanding (MoU) with the Uttar Pradesh Promote Pharma Council (UPPPC) to strengthen quality standards, regulatory compliance and innovation in the pharmaceutical and medical device sectors, it was announced on Wednesday.The Ministry of Health and Family Welfare said that the agreement was signed during the YEIDA MedTech Investors Meet and Site Visit 2026, held at the India Expo Mart.The strategic p…

New Delhi, July 15 (IANS) Prime Minister Narendra Modi on Wednesday described the coming into force of the India-UK Free Trade Agreement (FTA) and the accompanying Agreement on Social Security as a “significant moment” in bilateral ties.He said the landmark pacts would deepen economic engagement and create new opportunities for businesses, workers and investors in both countries.Sharing a post by Union Commerce and Industry Minister Piyush Goyal on X, the Prime Minister said, “This is a signif…

New Delhi, July 15 (IANS) Union Commerce and Industry Minister Piyush Goyal on Wednesday said the India-UK Comprehensive Economic and Trade Agreement (CETA) has come into force under the leadership of Prime Minister Narendra Modi, calling it a defining milestone in bilateral ties.In a post on X, the minister said the India-UK CETA, along with the Agreement on Social Security has become operational, providing zero-duty market access for nearly 99 per cent of India’s exports and covering almost 10…