MSME

This article gives detailed information on how to register  a Sole Proprietorship and Partnership firm.  Procedure to register a Sole Proprietorship firm: For Sole Proprietorship, there is no mandated rule as such but the owner may be required to attain a license specific to the mode of business from local ...

One of the most important steps for a start-up is to get the company registered to avail benefits and other government schemes. Generally, registration of a new business or enterprise in India is administered by the Companies Act 1956. This act is the single most important piece of legislation which ...

Trade Related Entrepreneurship Assistance and Development (TREAD) scheme was launched by the central government for illiterate and semi-literate women in rural and urban India to improve their overall condition. It has been put into action with the 12th year plan. This economic scheme focuses on women empowerment through trade related ...

Mahila Coir Yojana (MCY) is the first women-centric self employment scheme to develop entrepreneurship among rural women in regions that produce coir fibre. The production of coir fibre in recent India has increased in a substantial manner. The scheme was officially launched in 1994 under the policy – “Training, Extension, ...

The central government plans to upgrade the employment status and financial condition of SC entrepreneurs via a special grant named Venture Capital Funds. It was launched with minimum funds of Rs.200 Crore and will be sponsored by the Industrial Finance Corporation of India (IFCI). IFCI would act as a Nodal ...

News: Seeking to provide loans to 57.7 million small businesses, the Micro Units Development and Refinance Agency (Mudra) has been taken up by a six-member joint panel comprising representatives from the government and the BJP for its proper implementation. The Mudra card, which will have the shape and size of ...

News: The Union minister of state for micro, small and medium enterprises (MSME), Giriraj Singh announced in Coimbatore that the government plans to set up 500 incubation centres for creating skilled professionals and entrepreneurs with Rs. 200 crore investment on private-public partnership model across the country in the next one year. ...

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has signed the Memorandum of Understanding (MoU) between India and Sweden on cooperation in the field of Micro, Small and Medium Enterprises. The objective of the MoU is to promote cooperation between the Micro, Small and Medium Enterprises of ...

News The Ministry of Micro, Small & Medium Enterprises has notified a Framework for Revival and Rehabilitation of MSMEs, in exercise of the powers conferred under section 9 of the Micro, Small and Medium Enterprises Development Act, 2006. In India, the existing mechanism for addressing revival, rehabilitation and exit of ...