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Govt includes retail and wholesale trade under MSME category

Govt includes retail and wholesale trade under MSME category
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Welcome To IANS Live - LatestNews - IIT-BHU signs MoU for design expertise in MSME sector

Welcome To IANS Live - LatestNews - IIT-BHU signs MoU for design expertise in MSME sector
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Welcome To IANS Live - NATION - IIT-BHU signs MoU for design expertise in MSME sector

Welcome To IANS Live - NATION - IIT-BHU signs MoU for design expertise in MSME sector
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MSMEs: FM doubles budgetary allocation for MSMEs, but one scheme gets the king's share

Synopsis
The Union Budget 2021-22 has earmarked an allocation of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises more than double of the last year.
iStock
The biggest takeaway of this category has been the allocation earmarked to GECL facility to eligible MSME borrowers.
For the Covid hit MSMEs, the key highlight of the Union budget 2021 remained a higher outlay to the sector.
To accelerate the revival of the Covid- hit sector, Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the sector. The sector, touted to be the backbone of the nation’s economy, was allocated Rs 7,572 crore in the previous union Budget of 2020-21. ....

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Year Ender 2020: Fuelling MSMEs for Economic Growth

Year Ender 2020: Fuelling MSMEs for Economic Growth
FILE PIC
In our Special Series Year ender-2020 today we bring you a report on Micro, Small and Medium Enterprises, MSME. After coming to power in 2014, Narendra Modi Government gave a special focus on the MSME sector.
Launching the MSME Support and Outreach programme in New Delhi, Prime Minister Narendra Modi had said that MSME sector gives maximum employment after the agriculture sector. He said, if agriculture sector is backbone of the economy, MSME sector is the strong steps of the economy which gives power for progress.
Minister for MSME Nitin Gadkari said, MSME sector contributes to 30 per cent of GDP and 48 per cent to exports. ....

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