Tag Archives: MSME

“Raising and Accelerating MSME Productivity” (RAMP) is a new Central Government Scheme with a five-year duration (2021–22–2025-26) and a budget of INR 6062.45 Cr, of which the World Bank will contribute INR 3750 Cr (USD 500 Mn) and the rest will be covered by the Indian government. The Reserve Bank ...

The commerce and industry ministry on Monday said it has proposed a Rs 2,000 crore credit guarantee scheme for startups to help them access funds. For the scheme, a corpus contribution of “Rs 2,000 crore is proposed keeping in mind the challenges faced by startups in accessing funds,” Commerce and ...

Setting up new business is like chasing a dream which requires lot of patience and hard work. Real problems which are faced by every entrepreneur are financial constraints, finding new market for the product or competing with the existing market, efficient use of available resources and understanding the need of ...

Ministry of Micro, Small & Medium Enterprises, Govt of India has a scheme of awareness programs on Cluster Development. This Scheme is under the scheme for Micro & Small Enterprises Cluster Development Programme (MSE-CDP). Objective: To conduct Soft interventions including general awareness, counseling, motivation and trust building, exposure visits, market development ...

Ministry of Small and Medium Enterprises, GoI, has a scheme to support and provide financial assistance to 5 selected universities/ colleges. MSME-DIs & Universities or colleges jointly select 50 entrepreneurs per Entrepreneurship Club and 240 Entrepreneurship Clubs per university per year, 3 lakh entrepreneurs are benefited in a period of ...

Ministry of Small and Medium Enterprises, GoI, has a scheme to help companies of small and medium size in their funding. The scheme of Micro-Finance Programme has been tied-up with SIDBI by way of contributing towards security deposits required from the MFIs/NGOs to get loans from SIDBI. Objective To promote ...

Ministry of Micro,Small &Medium Enterprises,Govt of India has come up with a Scheme for Providing Establishment of New EDIs (Entrepreneurship Development Institute), Strengthening the Infrastructure for EDIs under ATI Scheme.The assistance shall be provided to training institutions in the form of capital grant for creation/strengthening of infrastructure and programme support for ...

Ministry of Micro,Small  & Medium Enterprises,Govt of India has come up with a scheme of Reimbursement of registration fee for Bar coding. Objectives: The basic objective of financial assistance is to enhance the marketing competitiveness of Micro & Small Enterprises (MSEs) by way of : Providing 75% of one-time registration ...

National Small Industries Corporation (NSIC) has given a scheme to rate the MSME enterprises according to the strength and weakness of their operations and also their credit worthiness. Financial assistance is provided those who lack standards according to NSIC. The enterprises are at liberty to select any of the rating agencies ...

The Government of India has launched a scheme on MSME delegates to explore new areas of technology, facilitating joint ventures with Internationals, improving market of MSMEs products and foreign collaborations. The idea is to promote MSME on International platform by organizing exhibitions, trade fairs and buyer-seller meets in foreign countries ...