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MSE PROCUREMENT
GeM facilitates transactions worth Rs 5.03 lakh crore in 2025-26Government e-Marketplace, GeM, saw transactions worth over Rs 5 lakh crore in fiscal 2025-26. This marks a slight decrease from the prior y...- Government e-Marketplace empowers small businesses, over 11.25 lakh sellers secure Rs 7.44 Lakh crore in government ordersThe Government e-Marketplace (GeM) has emerged as a powerful catalyst for inclusive public procurement, with more than 11.25 lakh Micro and...
- MSE procurement targets surpassed in previous fiscalIn FY25, central ministries significantly surpassed their procurement targets from micro and small enterprises (MSEs), achieving ₹92,675 cr...
- GeM facilitates over Rs 38,500 crore in transactions for over 30,000 startupsThe government e-marketplace (GeM) has enabled over Rs 38,500 crore in transactions for 30,000+ startups, reinforcing its position as a tru...
- Higher turnover limit notified for MSMEs; Move to enable more small cos to be eligible for sopsThe Centre has implemented new investment and turnover thresholds for MSMEs, effective April 1, increasing the limits to ₹2.5 crore for mic...
- Micro & small enterprises corner 55 pc of total orders placed on GeM portalGeM CEO P K Singh said that the public procurement policy for MSEs mandates 25 per cent of buying of goods and services from these units an...
- BHEL's procurement via GeM jumps to Rs 1,500 cr during April-SeptemberBy driving its procurement through GeM, the company is ensuring transparency and compliance with various government directives like General...
- Sellers not sharing local content amount will be unable to do business on GeM: GovtThe commerce and industry ministry said that now it is mandatory for all sellers to upfront declare the Country of Origin without which the...
- NTPC for single window registration for MSEsNTPC's total procurement reaches around Rs 1,000 crore in a year from 3,500 vendors. Last fiscal, it stood at Rs 1,163 crore.
- Railways to promote small entrepreneurs in big wayBesides, in a relief to the MSEs, the sector has been exempted from paying tender cost and earnest money deposit for participating in the r...
- All startups are now eligible for exemption from any prior experience in public procurementThe move will provide a level playing field to startups in the manufacturing sector vis-à-vis the established companies and enable startups...
- Policy changes to bring more startups in medium industryUnder the public procurement policy, central government department and ministries and its central PSUs have to procure at least 20% of thei...
- Government to create 2.5 lakh Dalit entrepreneurs under 'Stand Up India'"The government will unveil a blue print for start-ups to ease the process of setting up new venture very shortly," Kalraj Mishra said.
- MSEs majority owned by SC/ST to get quota in govt procurementThe policy also earmarked 4 per cent share out of this 20 per cent procurement from MSEs owned by SC/ST entrepreneurs.
- FDI in retail: Not consulted on single brand IKEA FDI move, says MSME ministryThe government has eliminated 51% cap on foreign direct investment for single brand retailers like IKEA, Adidas, Louis Vuitton and Gucci.
- Govt may modify FDI norms for single brand retailThe govt is likely to modify the guidelines for FDI in single-brand retail to ensure that foreign retailers can have long term relationship...
- MSME ministry seeks Rs 5.5k cr from finmin to revive sick unitsThe ministry of micro, small and medium enterprises has sought Rs 5,500 crore from the finance ministry over the next three to five years f...
- MSEs may get critical raw materials at a lower than market ratesMicro and small enterprises (MSEs) are now being given an opportunity to procure several critical raw materials like steel, aluminium alloy...
- Small firms may get purchase preferenceThe government is planning to bring a new purchase preference policy for the micro and small enterprises (MSEs) which would make it legally...
- MSEs may get price preferenceMicro and small enterprises (MSE) are poised to get further support from the government in marketing their products.
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