Latest MSMEs News & Updates

New Delhi, June 10 (IANS) Congress General Secretary, Organisation, K.C. Venugopal, had called an urgent meeting of all AICC General Secretaries, state in-charges, and state unit Presidents for Thursday to discuss the political developments.Taking to X, Venugopal said, “An urgent meeting of AICC General Secretaries, In-charges and PCC Presidents will be held tomorrow, 11 June, 2026, at Indira Bhavan, New Delhi, to discuss current political developments. INC President Sh. Mallikarjun Kharge ji wi…

New Delhi, June 10 (IANS) A two-day workshop on defence procurement, Innovations for Defence Excellence (iDEX), Technology Perspective Capability Roadmap (TPCR) and testing procedures for MSMEs and start-ups will be held here on June 11 and 12, according to an official statement issued on Wednesday.The event is being jointly organised by the Indigenisation Directorate, Headquarters Integrated Defence Staff (HQ IDS) and the Centre for Joint Warfare Studies (CENJOWS) to enhance awareness and encou…

Guwahati, June 9 (IANS) The Assam Government and the European Union on Tuesday launched the Blue Valley Cluster initiative, aimed at expanding cooperation in bioeconomy sectors such as natural flavours, fragrances and AYUSH, while creating new avenues for investment, innovation and industrial partnerships between Europe and Northeast India. The initiative was unveiled in Guwahati in the presence of Assam Chief Minister Himanta Biswa Sarma, European Union Ambassador to India Herve Delphin, Minist…

New Delhi, June 8 (IANS) Congress President Mallikarjun Kharge on Monday hailed the “united fight” against the Narendra Modi government, leading to the failure of “malicious” bills on delimitation in the Lok Sabha and urged the members of the INDIA bloc to strengthen the spirit and resolve to corner and confront the ruling dispensation on multiple pressing issues before the nation.Kharge, making his opening remarks at the INDIA bloc meet, sought to share a strategic blueprint for rebuilding the …

New Delhi, June 7 (IANS) India’s sustained reforms over the past 12 years to improve its business regulatory environment, with the government’s focus shifting from a compliance-heavy system to a facilitation-driven ecosystem, have led to the country improving its ranking in global benchmarks on investor confidence and ease of doing business, according to an official factsheet issued on Sunday. The progress is reflected in global assessments such as the Doing Business Report 2020 by the World B…

New Delhi, June 6 (IANS) Amid the global headwinds, the government has made efforts to ringfence the MSME sector with various EPCLGS schemes, and would slash non-essential expenditures on the revenue side to make fiscal ends meet, rather than reducing capital expenditures, according to economists.On the external front, exports are likely to slow down as global growth takes a hit, says YES BANK ‘Ecologue’.The manufacturing sector, particularly MSMEs, could face a slowdown due to supply-chain …

New Delhi, June 4 (IANS) The Bharatiya Janata Party (BJP) leader Amit Malviya said on Thursday that Congress leader Rahul Gandhi’s claim about India heading towards an “economic tsunami” because the government has removed all shock absorbers “is not just wrong, it is classic fear-mongering.”If India’s shock absorbers had truly been removed, why is the economy continuing to show resilience despite elevated crude prices, conflict in West Asia, supply-chain disruptions, global financial tighten…

Gandhinagar, June 3 (IANS) Gujarat has become the first state in India to establish a dedicated ‘Service Commissionerate’, with the state cabinet approving the creation of a new institutional framework aimed at advancing the growth of the services economy and supporting sectors such as information technology, tourism, and logistics. The decision was taken at a meeting of the state cabinet, chaired by Chief Minister Bhupendra Patel, and was announced by government spokesperson, Minister Jitu Vagh…

New Delhi, June 3 (IANS) The India–Oman Comprehensive Economic Partnership Agreement (CEPA), which came into force this week, provides significant market access opportunities for India’s textiles and apparel sector to expand exports in a key Gulf market.Oman has accorded immediate duty-free access on all 945 textile and apparel tariff lines eliminating the existing 5 per cent MFN duty and substantially enhancing the price competitiveness of Indian products in the Omani market. Moreover, imme…

New Delhi, June 3 (IANS) The engineering exports promotion body, EEPC India, on Wednesday proposed to the government a separate rating system for micro, small and medium enterprises to reflect their size and operational nature.The separate rating procedure would give due recognition to Indian MSMEs, enable them to access funds at reasonable rates, and improve their competitiveness in the global market.EEPC India noted that many MSMEs struggle to secure investment‑grade or higher ratings from e…