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UDYAM ASSIST PLATFORM
As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...- Over 3 lakh artisans set to benefit from SFURTI Cluster Development InitiativesIn a landmark achievement, the Ministry of Micro, Small, and Medium Enterprises has wrapped up 364 innovative projects designed to strength...
- Union Budget: 5 engines India must fire to become a developed nation by 2047India Budget: India's 2047 developed nation dream hinges on a multi-pronged growth strategy, with the upcoming Budget playing a crucial rol...
- PhonePe partners with SIDBI, rolls out digital-first Udyam assist registration to simplify MSME onboardingThis initiative will further accelerate the formalisation of informal micro-businesses into the mainstream economy as well as enhance credi...
- ET Make in India SME Regional Summit to debut in Nagpur, the ‘Orange City’, on July 24The SME summit will also serve as a platform providing networking opportunities to local small businesses and industry leaders.
- Cradle of entrepreneurship, employment, and growth: Why we celebrate MSME DayThrough resilience, adaptability and innovation, MSMEs in India and around the world are fostering economic growth.
- NITI Aayog lays out a roadmap to support medium enterprisesIn its report titled ‘Designing a Policy for Medium Enterprises’, prepared by the Administrative Staff College of India, Hyderabad, release...
- Niti pitches for tailored finance, tech tools to transform medium enterprises into future growth enginesNiti Aayog has called for tailored financial tools, technology upgrades, and a centralised digital portal to boost medium enterprises, key ...
- 18% of MSMEs use digital lending platforms, 90% accept online payments: SIDBI reportDigital lending shows promise, yet traditional marketing methods hinder scalability. While exports rise and sustainability efforts grow, sk...
- MSME sector holds potential to act as a transformative agent for addressing income inequality: ManjhiBudget 2025 will have measures to address MSMEs’ pain points and banks must shun hesitation to lend to MSMEs, said Jitan Ram Manjhi, Union ...
- Public procurement up by nearly 100% and digital transaction worth Rs 84000 crore by MSME ministryIn FY24, public procurement from MSMEs almost doubled, reaching Rs 75,742 crore, up from Rs 38,432 crore in FY23. This increase involved 13...
- World MSME Day: MSMEs must develop a competitive advantage to operate in the global market: Rajneesh, AS & DC, MSME MinistrySynopsis: Developing Indigenous technology besides collaborating with global partners is crucial for MSME, says Rajneesh, AS & DC, MSME Min...
- ET Make in India SME Regional Summit’s second session to be held in LucknowAfter a successful first show at Hyderabad, the ET Make in India SME Regional Summit will host its second show in Lucknow on May 25.
- We are hoping to be closer to 25% of MSME lending in India in 2-3 years: SIDBI’s Prakash KumarPrakash Kumar, DMD, SIDBI explains the various initiatives being undertaken by them to reform the MSME ecosystem and why bringing more micr...
- PLI Scheme has benefited 176 MSMEs & created 7 lakh jobs, says government’s economy reviewThe review stated that under the PLI Scheme, which saw an outlay of Rs 1.97 lakh crore, approved 746 applications till the end of December ...
- 1.02 crore informal micro enterprises onboard Udyam Assist Platform: Government to ParliamentMinister of state for MSMEs Bhanu Pratap Singh Verma in a written reply to the Rajya Sabha also said that the Credit Guarantee Fund Trust f...
- Unclog the credit lines: Nurture MSMEs to empower India's economic growthAs India moves ahead with confidence and aspires to be a developed nation by 2047, MSMEs will have to play a significant role in achieving ...
- Emergency credit guarantee scheme helped save 14.6 lakh MSMEs: ReportThe report also noted that there is evidence of MSME units becoming larger with several units crossing the threshold of Rs 250-crore turnov...
- The rise of the MSME sector in post-pandemic IndiaWith turnover as one of the criteria, there is now unmistakable evidence of MSMEs getting bigger with several units crossing the threshold ...
- MSME Day: Intensifying efforts for speedy disposal of delayed payments, says MoS, Bhanu Pratap Singh VermaMSME Day: The performance of the Credit Guarantee Scheme during 2021-22 achieved a milestone with guarantee coverage of Rs. 56,172 crore, w...
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