Centre plans big boost for MSMEs with an inter-ministry data bank

Source: Business Standard Contents1 What is the News?2 What is the Government trying to do for MSMEs?3 What was the need for this step?4 Udyam Portal: What is the News? The Central Government is working towards building a robust data bank for Micro, Small and Medium Enterprises(MSMEs) by integrating information across various ministries and government… Continue reading Centre plans big boost for MSMEs with an inter-ministry data bank

Centre includes retail and wholesale under MSMEs, to benefit 25 mn traders

Source: The Business Standard and PIB Relevance: MSME sector and its growth are important for the Indian Economy. What is the news? Minister of MSME and Road Transport and Highways announced revised guidelines for MSMEs with the inclusion of Retail and Wholesale trades as MSMEs. The Ministry also confirmed that the revised guidelines will benefit… Continue reading Centre includes retail and wholesale under MSMEs, to benefit 25 mn traders

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