Jaipur, June 27 (IANS) Chief Minister Bhajan Lal Sharma has directed officials to ensure the effective implementation of Rural and Urban Service Camps, emphasising that grievances related to roads, drinking water, electricity, healthcare, and revenue matters must be resolved permanently. Reviewing preparations for the Viksit Bharat–Guarantee for Employment and Livelihood Mission (Rural), VB-G Ram Ji Scheme, Chief Minister Sharma directed the concerned departments to complete all arrangements b…
Latest MSMEs News & Updates
Mumbai, June 27 (IANS) The Institute of Chartered Accountants of India (ICAI) is working to connect startups and MSMEs with investors, bankers and mentors through its ScaleUp India initiative, with the aim of helping entrepreneurs transform innovative ideas into sustainable businesses, CA. Prasanna Kumar D, President, ICAI said on Saturday.Speaking to IANS on the sidelines of the ICAI ScaleUp India Summit 2026 here, Kumar said many young entrepreneurs have promising business ideas but often lack…
New Delhi, June 27 (IANS) Union Commerce and Industry Minister Piyush Goyal has urged Indian companies to deepen engagement with their UK counterparts and translate opportunities under the India-UK Comprehensive Economic and Trade Agreement (CETA) into sustained business growth, it was announced on Saturday.Addressing the India-UK: Partners in Progress Business Plenary in London, Goyal said the landmark trade pact offers significant opportunities to strengthen bilateral trade, investment, techno…
Jaipur, June 27 (IANS) On the occasion of International MSME Day, Chief Minister Bhajan Lal Sharma unveiled a series of major policy initiatives and incentives aimed at accelerating industrial growth, strengthening Rajasthan’s MSME ecosystem, promoting entrepreneurship, and positioning the state as a leading destination for investment.The Chief Minister announced the development of dedicated Haats for artisans and weavers, new incentives for the electronics and semiconductor sectors under RIPS-2…
New Delhi, June 27 (IANS) What began as a simple payment platform 10 years ago now powers daily digital commerce across India as UPI transactions increased from just 2 crore in FY2016-17 to over 24,162 crore in FY 2025-26, an official fact-sheet said on Saturday.The JAM Trinity — Jan Dhan, Aadhaar, and mobile connectivity — revolutionised financial inclusion and welfare delivery in India. It brought millions into the formal banking system and enabled seamless access to government services.Ja…
New Delhi, June 27 (IANS) More than 92 per cent of businesses using Meta’s platforms in India are micro, small and medium enterprises (MSMEs), the US-based technology giant firm said on Saturday, highlighting the growing role of artificial intelligence (AI) and messaging tools in helping small businesses expand their reach and drive growth.On the occasion of World MSME Day, Meta brought together nearly 350 entrepreneurs from across Northeast India at an event to showcase how digital technologies…
New Delhi, June 27 (IANS) India’s 8.7 crore MSMEs are driving economic growth by contributing 31 per cent of GDP, 35 per cent of manufacturing output, and nearly 45 per cent of exports, while supporting the livelihoods of 38 crore people — under the visionary leadership of Prime Minister Narendra Modi, Shobha Karandlaje, Union Minister of State for Micro, Small and Medium Enterprises, said on Saturday.The rise in MSME bank credit from Rs 10 lakh crore in 2014 to Rs 37 lakh crore by December 2…
Mumbai, June 26 (IANS) National Stock Exchange (NSE) MD and CEO Ashish Kumar Chauhan on Friday urged entrepreneurs to focus on building profitable and sustainable businesses rather than getting distracted by short-term stock price movements, saying that strong business fundamentals ultimately drive long-term market value.Calling capital markets a key enabler of India’s entrepreneurial growth story, Chauhan encouraged startups and MSMEs to view public listing as a strategic tool for scaling their…
New Delhi, June 26 (IANS) MSMEs today play a pivotal role in driving India’s economic growth and industrial development and the sector contributes about 31.1 per cent in GDP, 35.4 per cent in manufacturing output and 48.58 per cent in exports (as per January 2026), an official fact-sheet said on Friday ahead of the World MSME Day.With more than 38.9 crore people employed, MSMEs are the second-largest source of employment after agriculture.The United Nations has designated June 27 as Micro, Small…
New Delhi, June 22 (IANS) Nearly 78 per cent of micro, small and medium enterprises (MSMEs) now rank operational efficiency as their top priority for the year ahead, outpacing revenue growth and customer acquisition, a report said on Monday.India’s MSMEs are rewriting their growth playbook, the report from CyberMedia Research (CMR) said, as 71 per cent prioritised revenue growth and 64 per cent named customer acquisition as top priority.The report revealed that MSMEs are undertaking a strategic …