Union Minister of Commerce and Industry Shri Piyush Goyal emphasized that public sector banks in India are now competing on an equal footing with private and foreign banks, reflecting their strengthened role in the country’s economic growth. Addressing the MSME Banking Excellence Awards in New Delhi, Shri Goyal highlighted how…
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Jitin Prasada Highlights Tech’s Role in Employment
Union Minister of State for Electronics & IT and Commerce & Industry, Shri Jitin Prasada, emphasized the growing role of emerging technologies in job creation while addressing the “Technology and Skill Development Conference” at the NIELIT Extension Centre in Pilibhit, Uttar Pradesh, on 21 December 2025. The conference aimed to…
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Over 1700 Startups Supported Under TIDE 2.0 Scheme
The Government of India has supported over 1,700 startups under the Technology Incubation and Development of Entrepreneurs 2.0 (TIDE 2.0) scheme, fostering innovation and entrepreneurship in the electronics and IT sector. Launched in 2019, the initiative promotes technology-based entrepreneurship by providing financial and technical support through selected incubators across the…
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PMFME Scheme Empowers India’s Micro Food Processing Sector
New Delhi: The Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme, launched in June 2020, continues to strengthen India’s micro food processing sector. The scheme aims to assist micro enterprises, largely operating in the informal sector, by addressing challenges such as lack of credit access, technology upgradation, marketing…
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DPIIT Recognises 1.97 Lakh Startups Under Startup India
The Government of India’s flagship Startup India initiative has crossed a major milestone, with the Department for Promotion of Industry and Internal Trade (DPIIT) recognising 1,97,692 startups as of 31 October 2025. The updated figures were shared in a written reply to the Lok Sabha by Minister of State for…
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FDDI Convocation: President Murmu & Piyush Goyal Inspire Graduates
The President of India, Smt. Droupadi Murmu, presided over the convocation ceremony of the Footwear Design and Development Institute (FDDI) in New Delhi, conferring certificates to over 500 graduating students. She highlighted FDDI’s status as an Institute of national importance since 2017 and underscored India’s global standing as the second-largest…
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MeitY Launches e-Toys Lab for Local Toy Makers
The Ministry of Electronics and Information Technology (MeitY), in collaboration with C-DAC, Indian Toy Industries, and LEGO Group, inaugurated the e-Toys Lab at C-DAC Noida during the convocation ceremony of the 2nd batch of young engineers trained under the Electronic Toys Project. The initiative aims to strengthen India’s indigenous electronic…
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Vice-President Reviews MSME Ministry’s Key Achievements
The Vice-President of India, Shri C. P. Radhakrishnan, was briefed today by the Ministry of Micro, Small and Medium Enterprises (MSME) on the sector’s key achievements, its critical importance to India’s economy, and ongoing initiatives aimed at strengthening grassroots entrepreneurship. The meeting took place at Parliament House, where Union MSME…
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MoFPI Invites Proposals for NABL-Accredited Food Testing Labs
The Ministry of Food Processing Industries (MoFPI) has opened applications for entrepreneurs to establish food testing laboratories accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL). The call is made under the Food Safety and Quality Assurance Infrastructure (FSQAI) component of the Pradhan Mantri Kisan SAMPADA Yojana…
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We Rise Initiative Boosts Indian Women Entrepreneurs
NITI Aayog’s Women Entrepreneurship Platform (WEP) and DP World have jointly launched the ‘We Rise – Women Entrepreneurs Reimagining Inclusive and Sustainable Enterprises’ initiative to empower Indian women-led MSMEs. The programme under the WEP’s Award to Reward (ATR) framework aims to scale women-led businesses globally through mentorship, trade facilitation, and…