The government of India has set up many different MSME schemes to uplift micro, small, & medium businesses in the country, among which these two schemes focus mainly on the Skill development of the new entrepreneurs and businessmen. Skill development MSME schemes Entrepreneurship and Skill Development Programme (ESDP) Scheme Objective of ESDP Scheme • To … Read more
What is National Single Window System(NSWS)? The National Single Window System (NSWS) is a digital platform that serves as a guide for investors to identify and apply for approvals as per their business requirements. Currently, the platform supports approvals across 32 Central Departments and 14 State governments. NSWS will provide strength to the MSME sectors and … Read more
The government of India has initiated many different types of MSME schemes for Urban and Rural Areas, From which many such schemes are not popular and unknown by the beneficiaries, here are some Unique MSME schemes for Rural Development. Rural Development MSME Schemes Work-Shed Scheme for Khadi Artisans Objective: To facilitate and empower khadi spinners … Read more
Introduction Scheme Of Fund For Regeneration Of Traditional Industries ( SFURTI ) With an initial allocation of Rs 100 crore. A Central Sector Scheme titled the “Scheme of Fund for Regeneration of Traditional Industries (SFURTI)” was approved at a total cost of Rs 97.25 crore. The Scheme was implemented by the Ministry of Micro, Small, … Read more
A brief introduction Kraftinn, an eco-friendly company was started on June 14, 2010, at Jorhat, Assam with a small setup of 3 to 4 artisans selling bamboo products like lamps made out of 5-6 varieties of bamboo. They also remove the water hyacinths that block water flow in their rivers and recycle them to make bags and sell them. Kraftinn … Read more
PMEGP Scheme Introduction Prime Minister’s Employment Generation Programme PMEGP scheme is a credit-linked subsidy programme administered by the Ministry of Micro, Small and Medium Enterprises, Government of India. Khadi & Village Industries Commission (KVIC), is the nodal agency at a national level for the implementation of the scheme. At the state level, the scheme is … Read more
After evaluation of interim Phase III clinical trial results in consultation with Subject Expert Committee, CDSCO has approved DNA COVID-19 vaccine (ZyCoV-D) of M/s Cadila Healthcare for restricted use in an emergency situation in India for 12 years and above. Some features of ZyCov-D are: No needle is used while administrating ZyCov-D vaccine, instead a … Read more
Apart from Mudra loans, there are other loans for medium-small and micro-enterprises up to Rs 10 Crore. Udyam Mitra under SIDBI is a portal to register and apply for loans online for MSME. latest MSME classification 2021 Criteria Micro Small Medium Investment & Annual Turnover Investment in Plant and Machinery or Equipment:Not more than Rs.1 … Read more
PM Narendra Modi’s speech on India’s 75th Independence day gave a clear picture of the Government’s plan for India.“In our eyes, there must be a dream: a dream to capture the world market,” he said about Indian business. He committed the government’s full support to startups. From his speech, the below plans of India are … Read more
