Commerce minister Piyush Goyal said that India’s manufacturing sector must shift towards innovation and resilient supply chains to achieve Viksit Bharat by 2047.
3 min read3 Dec 2025Support measures under the Export Promotion Mission, interest subvention and Market Access Initiative schemes will be rolled out to support MSME exporters struggling to cope up with US tariffs
4 min read25 Nov 2025While the scheme supported around 100,000 projects in each of the last four years, it has aided only 12,707 of them this year.
5 min read25 Nov 2025India's non-bank lenders, like Bajaj Finance and IIFL Finance, are slowing MSME loan growth due to rising credit risks and bad debts. They are shifting focus to secured lending and tighter underwriting amid external shocks, particularly from US tariffs impacting small businesses.
4 min read18 Nov 2025Self-employment has become the fastest-growing sector in India's job market, increasing from 23.9 crore in FY18 to 35.8 crore in FY24. Meanwhile, salaried jobs grew marginally, and casual labour stagnated. Here's a breakdown of the job market:
2 min read21 Nov 2025Currently, the penalty and interest accrual only come into effect after an MSME reports a payment delay
4 min read17 Nov 2025Leaving the implementation date of the Machinery and Electrical Equipment Safety Order, 2024, open-ended has caused uncertainty for manufacturers. Experts urge vigilance against potential dumping of substandard materials amid these regulatory changes.
2 min read14 Nov 2025To counter the shock of US tariffs, the ministries are collaborating with embassies to open up new markets for MSME goods.
5 min read14 Nov 2025The government is likely to soon allocate ₹2,000 crore for the Credit Guarantee Scheme for Exporters, enabling NCGTC to provide credit facilities of up to ₹20,000 crore to eligible exporters. Here's all you need to know…
1 min read13 Nov 2025The Union cabinet approved initiatives worth ₹45,060 crore to enhance India's export ecosystem, including the Credit Guarantee Scheme for Exporters and the Export Promotion Mission, aimed at easing liquidity for MSMEs and boosting competitiveness amid global trade challenges.
4 min read12 Nov 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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