MSMEs
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Opportunity India Desk Nov 09 2023 - 2 min readThe Global Alliance for Mass Entrepreneurship (GAME) and the Federation of Indian Micro and Small & Medium Enterprises (FISME), have joined forces to address delayed payment issues, enhance the ease of doing business, conduct joint research projects, and offer arbitration and grievance redressal advisory for MSMEs. The partnership aims to publish reports, conduct research, formulate ...
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Opportunity India Desk Nov 08 2023 - 3 min readThe Udyam portal has recently reached a milestone with over 15 crore jobs reported by micro, small, and medium enterprises (MSMEs) registered on the platform. Out of this total, 3.06 crore registrations came directly through the portal, contributing 13.86 crore jobs, including 3.41 crore women employees. Additionally, 1.17 crore jobs were reported by ...
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Opportunity India Desk Nov 07 2023 - 3 min readFinance Minister Nirmala Sitharaman has expressed the need for India to incorporate the results of its G20 presidency into its domestic policy formulation and set a leading example. She also stated that India has the potential to lead in the advancement of the "Jaipur Call for Action" during the upcoming virtual G20 Leaders’ ...
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Opportunity India Desk Nov 06 2023 - 3 min readScheduled commercial banks extended INR 21.69 lakh crore in credit to micro, small, and medium enterprises (MSMEs) as part of priority sector lending in September 2023, an increase of 17.2 per cent compared to the INR 18.50 lakh crore deployed in September 2022, as per the Reserve Bank of India's (RBI) latest sectoral ...
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Opportunity India Desk Nov 03 2023 - 3 min readIn order to strengthen the country's micro, small, and medium enterprises and make them ‘Aatmanirbhar’ through purchases, the government has reserved 75 per cent of the defence capital acquisition budget, which amounts to nearly INR 1 lakh crore, said Defence Minister Rajnath Singh. The Minister highlighted various steps taken for the ...