The Ministry of MSME has taken the initiative to file an online application by the supplier MSE unit against the buyer of goods/services before the concerned MSEFC of his/her State/UT. The special portal launched on 30th Oct’2017 is known as “MSME SAMADHAAN”. This special portal to settle delayed payments by the buyers was launched by…
Make in India certificate is now mandatory for MSMEs to participate in Government tenders as the Government encourages Manufacturers and service providers through various schemes and policies. The focus of the Make in India programme is on 25 sectors. These include automobiles, automobile components, aviation, biotechnology, chemicals, construction, defence manufacturing electrical machinery, electronic systems, food…
The government of India recognises the importance of startups in driving innovation and economic growth. The Government departments related to various ministries have introduced schemes to provide financial, infrastructural, and regulatory support to startups. The startup schemes cover sectors like technology, manufacturing, agriculture, healthcare, and more. The Startup India scheme is based majorly on three…
The micro, small and medium enterprises (MSMEs) are often known as the backbone of the Indian economy. This sector contributes more than 29% to the GDP and is responsible for around 50% of India’s total exports. MSMEs also contribute one-third of India’s manufacturing output and employ people living in semi-urban and rural areas. The MSME…