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…
Tag: #MSME
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Govt Eases QCO Norms, Boosts Credit Support for MSMEs
The Government of India has rolled out Quality Control Orders (QCOs) in a phased manner with wide-ranging exemptions and relaxations for Micro, Small and Medium Enterprises (MSMEs), ensuring that domestic manufacturing and production remain unaffected. The measures are being implemented through the Bureau of Indian Standards (BIS) under the Department…
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India Launches ₹25,060-Cr Export Promotion Mission
Government Approves Unified Export Promotion Mission In a major push to strengthen India’s export competitiveness, the Union Government has approved the Export Promotion Mission (EPM) with a total outlay of ₹25,060 crore. The Mission, announced in the Union Budget 2025–26, consolidates multiple export-support schemes into a single, technology-driven and outcome-based…
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Govt Launches Export Mission to Boost MSMEs
Facing global logistics disruptions, the Government of India has rolled out an ambitious package to shore up export competitiveness with a focus on MSMEs, first-time exporters and labour-intensive sectors. Announced in a Rajya Sabha reply, the measures include a Credit Guarantee Scheme for Exporters, a flagship Export Promotion Mission (EPM)…
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Khadi Steals the Show at Navyug Khadi Fashion Show
The Navyug Khadi Fashion Show, staged at the National Crafts Museum & Hastkala Academy, Pragati Maidan, New Delhi, presented a contemporary vision of Khadi on November 29, 2025. Organised by the Khadi and Village Industries Commission (KVIC) in collaboration with NIFT and FDCI, the event underlined the Prime Minister’s mantra …
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Raksha Mantri Reviews DMSRDE Innovations in Kanpur
Raksha Mantri Shri Rajnath Singh visited the Defence Materials and Stores Research & Development Establishment (DMSRDE), a DRDO laboratory in Kanpur, on November 30, 2025. The visit included an overview of cutting-edge research in defence materials and ongoing innovations at the lab. Focus on Defence Materials and Technologies During the…
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GeM & UN Women Sign MoU to Boost Women Entrepreneurs
Government e-Marketplace (GeM) and UN Women India have signed a Memorandum of Understanding (MoU) to increase participation of women entrepreneurs—especially those from the informal sector—in India’s public procurement ecosystem. The agreement, signed at GeM’s Jeevan Bharti office in New Delhi, aims to scale the Womaniya initiative and deepen market linkages…
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GeM and Madhya Pradesh Boost Public Procurement Partnership
The Government e Marketplace (GeM) and the Government of Madhya Pradesh have taken a major step toward strengthening digital public procurement. In a recent meeting held in Bhopal, Shri Mihir Kumar, CEO of GeM, and Shri Anurag Jain, Chief Secretary of Madhya Pradesh, discussed strategies to expand the State’s adoption…
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GST Reforms to Boost Ladakh’s Artisans, Farmers & Tourism
Ladakh’s unique economy, rooted in its culture, geography, and traditional craftsmanship, is set for a major boost with recent GST reforms. The reduction of GST to 5% on Pashmina, apricots, handicrafts, and hotel services aims to empower artisans, farmers, and tourism workers, enhancing incomes and competitiveness. Handlooms and Pashmina Industry…
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GST Boosts Chhattisgarh Growth Across Cement Handloom & Dairy
Chhattisgarh is witnessing a surge in economic growth as recent GST reforms lower rates across key sectors including cement, handlooms, handicrafts, and dairy. These measures are reducing production costs, boosting consumer demand, creating thousands of jobs, and empowering women-led rural enterprises, driving inclusive development across the state. Cement Industry Sees…