The Ministry of Micro, Small and Medium Enterprisesis striving to increase the number of micro and small industries in the country on a sustainable basis through implementation of various schemes andprogrammes. The Ministry provides better credit facility, technology upgradation and skilling to boost the entire MSME eco-system. Followings are the major schemes being implemented by Ministry of MSME:  (i)    ...

Ministry of Micro, Small and Medium Enterprises (MSME) is empowering women entrepreneurs through its different schemes.  1.38 lakh projects have been set up by the women entrepreneurs under Prime Minister’s Employment Generation Programme (PMEGP) Scheme since inception and upto 23.01.2019.  The projectsset up by women entrepreneurs are about 30% of total projects set up under PMEGP.  Minister of State (Independent Charge) for MSME, ...

 “MSMEs need to maintain Standards and should not suffer due to issues relating to conformity assessment and standards compliance, if they have to compete globally, said Mr. Prafulla Samal, Minister of SSPED, Women &Child Development, and MSME Government of Odisha while addressing the 12th Regional Standards Conclave, that took place on the 4th day of the trade fair. It was ...

Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal presented the Interim Budget 2019-20 in Parliament today. The Government has taken several measures to strengthen the Medium, Small and Micro Enterprises (MSMEs).  Highlights of the Union Budget 2018 for the Ministry of MSME are as under: An all-time high allocation of Rs.7011.29 crore has been made in the ...

Annual procurement of goods & services from Micro, Small and Medium Enterprises (MSME) by the Central Public Sector Enterprise (CPSE) during 2017-18 stands at Rs. 24226.51 crore in which the share of procurement from MSEs owned by SC/ST Entrepreneur is Rs. 442.52 crore. The details of annual procurement by the CPSEs during the last four years, as per information provided ...

Sales, production and job opportunities in Khadi sector are showing an increasing trend since the last three years: (Rs. in crore and Employment in lakh persons) Sl.No. Particulars 2015-16 2016-17 2017-18 I. PRODUCTION A Khadi (incl.Polyvastra) 1158.44 1520.83 1626.66 B Village Industries 33331.78 41110.26 46454.75 Total-I 34490.22 42631.09 48081.41 II. SALES A Khadi (incl.Polyvastra) 1663.98 2146.60 2510.21 B Village Industries ...

The growth of exports of products manufactured by MSME units has been 7.5%, during the financial year 2017-18. This was informed by Giriraj Singh, MoS (I/C) for the Ministry of MSME, in the Lok Sabha today.  The Minister further informed that the growth had been -5.9%, and 4.8% during 2015-16 and 2016-17 respectively. Giriraj Singh added that as per the ...

Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, today launched the National Mission on Government eMarketplace (GeM) for increasing awareness and accelerating the use of (GeM).Speaking on this occasion the Minister said that in the next 3 years transactions on GeM will reach USD 100 billion. He further stated that during this mission efforts will be made to ...

Odisha can have an explosive growth if properly networked towards the development of food processing sector through path-breaking technology and innovations across the processed food value chain and ecosystem. Dr. Kalpana Rayaguru, an IITian and a researcher, has drawn the roadmap for the young entrepreneurs with her teaching and field experiences. The Indian food industry has emerged as a high-growth and ...

 Indian aluminium sector is waking up to a whole new world of opportunities. If the outcome of the recently ended Aero India 2017 is to be believed, then aluminium applications sector surely has some great bandwidth to experiment and grow its business effectively. Dr. Chitta Ranjan Mishra, the ‘Kalinga Samman’ Laureate, Eminent Chemical Scientist & Technologist, Columnist, Television Anchor, Author, ...