Govt Scheme Helping Small Businesses Go from Local to E-commerce This blog includes an overview of the MSME-TEAM Scheme, detailing its purpose of helping Micro and Small Enterprises (MSEs) connect to e-commerce platforms. It explains the role of ONDC in making it easier for small businesses to access digital commerce and provides eligibility criteria for […]
Looking for funding to grow your textile business? Learn about the government schemes offering loans for textile entrepreneurs. From the PM-MITRA initiative, which seeks to create state-of-the-art textile parks, to the Technology Upgradation Fund Scheme designed to modernize equipment, and the SAMARTH program dedicated to upskilling the workforce, we’ll uncover all these Government schemes and policies.
Union Budget 2024-25: 10 Measures taken to Boost Growth for MSMEs The 2024-25 Union Budget of India has introduced several measures to support the Micro, Small, and Medium Enterprises (MSMEs) sector. In this blog, you will get to learn about those measures including initiatives aimed at improving credit access, expanding financial support, enhancing export capabilities, […]
The blog provides a detailed overview of Udyam Registration, a unique identification system by the Government of India to streamline the registration and recognition process for MSMEs. It covers the eligibility criteria based on investment and turnover, the simplified registration process with required documents, and the numerous financial and operational benefits.
MSME Innovative Scheme was launched in 2022 by Ministry of MSME with an aim to promote and support untapped creativity of MSME sector by fostering innovation and providing vital support for concept development, design enhancement, and intellectual property protection.
With these three core components – Incubation, Design, and Intellectual Property Rights (IPR) – the scheme facilitates idea validation, product development, and legal assistance to bolster the competitiveness of MSMEs. To know more, read our blog.
This blog provides details about the CGTMSE Scheme.The content covers various aspects, including the scheme’s offerings for MSEs, eligibility criteria, coverage, and the extent of the guarantee provided. You will gain insight into the application process, required documents, fee structure and enrolment procedure. Whether you’re new to the CGTMSE Scheme or seeking updated information, this blog serves as a clear understanding of the CGTMSE Scheme.
BLOG 11- Considering the role MSMEs plays in productivity, competitiveness and employment generation and also resource optimization of the country, Ministry of Micro, Small & Medium Enterprises, Government of India, has implemented the MSME Competitive (Lean) Scheme for manufacturing MSMEs which emphasises on reduction of wastages in processes, inventory management, space management, energy consumption etc.
Before getting into the details of the scheme, let us understand what Lean Manufacturing technology is all about and why the government is emphasising on it.
Tenders are competitive bidding processes where organisations, including mostly governments and sometimes private companies, request proposals from vendors for specific goods or services.
Small Businesses lack information about availability of tenders, companies which float tenders, what’s required and expected out of them when participating in government tenders , how to be a successful bidder etc .
Blog 8- The first step in the process of manufacturing any product is acquiring the raw material and building inventories. The consistency in purchasing of raw material should not get hampered as this is going to impact the whole chain of operations of any industry.
In this blog of MSME TALK, we have talked about the Government’s “NSIC Raw Material Assistance Scheme” that will help to foster, promote, and aid the growth of the micro, small, and medium enterprises (MSME) in India by financing their raw material requirements.
Blog 7- What MSMEs have received from Budget 2023-24? MSMEs have played a key role in promoting entrepreneurship and fostering innovation in India. They have helped to create a culture of innovation and risk-taking, which has led to the emergence of new and innovative products and services in various sectors. Considering the same, Government has […]
