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MSMEs

India's MSMEs are fuelling digital growth by investing in scalable, secure, and future-ready data storage to support sustainable transformation.

In a major boost to India’s global trade ambitions, Union Commerce and Industry Minister Piyush Goyal on Thursday called the India-UK Comprehensive Economic and Trade Agreement (CETA) a 'historic leap'.

Over 34 crore people have gained jobs in MSMEs via the Udyam and Udyam Assist portals since 2014, Jitan Ram Manjhi told the Rajya Sabha.

The government disbursed Rs 14,020 crore under the PLI scheme, boosting manufacturing and driving Rs 14 lakh crore in sales.

India has long faced the burden of political parties offering unsustainable freebies at the cost of the exchequer and development.

The Indian govt approved the launch of the Mutual Credit Guarantee Scheme (MCGS), designed to improve access to credit for MSMEs in the manufacturing sector.

From 2013 to 2022, national highway development boosted household incomes by 9 per cent, household expenditure by 6 per cent, and car sales by 10.4 per cent.

Speaking at a regional conference organized by Laghu Udyog Bharati in Vadodara, Patel emphasized the government’s commitment to providing global platforms for MSMEs to compete internationally and foster innovation.

Nirmala Sitharaman announced a series of measures in the Union Budget 2024-2025 for non-farming business community and MSMEs.

The government aims to balance immediate economic needs with long-term developmental goals, setting the stage for robust and sustained growth.