small business

The Ministry of Micro, Small, and Medium Enterprises (MSME) has implemented a number of plans and initiatives aimed at strengthening the MSME sector across the country. These include the Prime Minister's Employment Generation Programme, the Credit Guarantee Scheme for Micro and Small Businesses, the Micro and Small Enterprises Cluster Development Programme, and the ...

The Ministry of Micro, Small, and Medium Enterprises (MSME) has been implementing the Prime Minister’s Employment Generation Programme (PMEGP), a credit-linked subsidy scheme, since 2008-09. Aimed at generating employment opportunities across the country, including Uttarakhand, the programme facilitates the establishment of microenterprises in the non-farm sector. The Khadi and Village Industries Commission (KVIC) ...

As of March 31, 2024, scheduled commercial banks (SCBs) owed ₹28.04 lakh crore to the MSME sector. According to Minister of State for Finance Pankaj Chaudhary's recent address in the Lok Sabha, ₹1.25 lakh crore were classified as non-performing assets (NPAs), resulting in a gross NPA ratio of 4.46%, compared to 2.74% for ...

In an effort to drive growth and innovation in Nellore’s MSME sector, District Collector O. Anand called on the Small Industries Development Bank of India (SIDBI) to step up its support for local Micro, Small, and Medium Enterprises (MSMEs), which are struggling to reach their full potential in the district’s three MSME clusters. ...

In a bold effort to reshape Andhra Pradesh's economic environment, Chief Minister N. Chandrababu Naidu has set a high goal: to nurture an entrepreneur in every household and attain a 15% annual growth rate, bridging the state's gap with leading economies throughout India. Kondapalli Srinivas, Minister for Micro, Small, and Medium Enterprises (MSME) ...