Business

MSME DI conducts Safety Workshop for MSMEs

MSME Development Institute Bengaluru in association with Indo German FocalPoint, New Delhi, Deutsche Gesetzliche Unfallversicherung, Germany, and KASSIA, Bengaluru held an one-day regional workshop on Occupational Safety, Health, and Social Security for Small businesses and MSMEs. […]

Business

Action Plan to Promote Dairy Industry

Department has launched Animal Husbandry and Infrastructure Development Fund (AHIDF) in 2020 with an outlay of Rs. 15,000 Cr and Dairy Processing Infrastructure Development Fund (DIDF) in 2017 with an outlay of Rs. 11,184 Cr as a part of the Atmanirbhar Bharat package stimulus. […]

Business

Arbitration under MSME Act

Sub-section 3 of Section 18 of the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 provides that where the conciliation fails under the provisions of the Act, the Micro & Small Enterprises Facilitation Council (MSEFC) shall either itself take up the dispute for arbitration or refer it to any institution or center providing alternate dispute resolution services for such arbitration. […]

Business

Global level market for MSMEs

Ministry of Micro, Small and Medium Enterprises (MSME) through its MSME-Development Institutes (DI) situated in all States, facilitates MSMEs to export from Domestic Tariff Area (DTA) and Special Economic Zone (SEZ). […]

Business

Expansion and Increase in Capacity of MSMEs

Government of India has announced a Fund of Funds with the nomenclature Self Reliant India (SRI) Fund to infuse Rs. 50,000 crore as equity funding in those MSMEs which have the potential and viability to grow and become large units. […]

Business

11 lakh MSMEs registered under Udyam Registration since 1st July, 2020

New online system of MSME/Udyam Registration stands the test of Time & Technology; Totally seamless & smooth system also shows stability & resilience; More than 11 lakh MSMEs already registered since its launch on 1st July, 2020; Out of this, more than 9.26 lakh registrations took place with PAN number; This also includes more than 1.80 lakh old UAM holders; 1.73 lakh enterprises owned by women; Ministry of MSME launches special drives for increasing Udyam Registration; Registration without PAN and GST upto 31.3.2021 as transitional arrangement […]