Scheme

The Ministry Of Skill Development and Entrepreneurship (MSDE) has launched the program of building state-of-the-art, visible, and aspirational model training institutes in every district of India as part of the “Skill India Mission.” These training facilities are known as “Pradhan Mantri Kaushal Kendra” (PMKK). The goal of PMKK facilities is to provide young Indians with […]

Objectives of Stand Up India Scheme The objective or goal of the Stand Up India Scheme is to make the process of bank loans easy between 10 lakhs and 1 crore for at least one woman borrower per bank branch and at least one Scheduled Tribe (ST) or Scheduled Caste (SC) borrower for establishing a greenfield enterprise.

Small firms, particularly those in the industrial sector, rely heavily on technology. Micro, small, and medium-sized enterprises must invest in machinery and equipment to meet global and national standards. With machinery costs in the millions of rupees, it is difficult for MSMEs to generate the funds required to invest in new equipment and technology upgrades.

India is endowed with a plethora of traditional industries. This industry not only contributes significantly to large-scale job possibilities at a relatively cheap capital cost but also contributes to rural and backward area industrialization, therefore decreasing regional imbalances and ensuring a more equal distribution of income and wealth. Traditional industries’ eco-friendly goods offer enormous potential

Credit Guarantee Fund Trust for Micro and Small Enterprises, CGTMSE is a scheme that is introduced by the government of India, by the Ministry of Micro, Small and Medium Enterprises and the Small Industries and Development Bank of India, together in tandem. The biggest objective of introducing this scheme was to give a kickstart to

MSME Loan Schemes: MSME – the abbreviation for Micro, Small, and Medium-Sized Enterprises. These sectors contribute to the overall financial stability of the country. Government of India initiatives are providing small and micro-industries with perks and incentives to run their business successfully. Recent MSME Scheme Updates: Prime Minister Narendra Modi introduces two new MSME initiatives.

As a development bank, NABARD is mandated to provide and regulate lending and other support facilities for agriculture, small-scale industries, cottage and village, craftsmanship, and other related rural economic activities to promote integrated rural development and secure rural prosperity, and formatted rural areas. This article will help you to know more about NABARD, Functions of

What is PMEGP Scheme? The PMEGP or the Prime Ministers Employment Generation Programme is a scheme that is introduced by the Ministry of Micro, Small and Medium Enterprises, Government of India. The scheme is implemented by the Khadi and Village Industries Commission (KVIC) at the national level. Its a credit-linked subsidy program that has been