Msme News - Latest Updates & Headlines
MSTC launches e-marketplace with new corporate office in Delhi
New Delhi, July 9: Union Minister for Steel and Heavy Industries H.D. Kumaraswamy inaugurated the new corporate office of MSTC Ltd at Narojinagar, World Trade Centre, in the national capital on Wednesday, along with the official launch of the Upkaran E-Portal, a major step in MSTC's digital service offerings.
Went down memory lane: Piyush Goyal shares glimpse of his visit to J-K; meets several delegations
Srinagar, July 7: Union Minister Piyush Goyal shared a glimpse of his visit to Jammu and Kashmir where he enjoyed a 'shikara' ride on Dal Lake and met various delegations ranging from business sectors and held discussions with them.
Will recommend reducing GST to 5 per cent on J-K's handloom, handicraft products: Piyush Goyal
Srinagar, July 6: Union Commerce and Industry Minister Piyush Goyal on Sunday promised to recommend a reduction in the Goods and Services Tax imposed on handicrafts and handloom products to help promote the sector in Jammu and Kashmir.
Union Minister Goyal meets trade, commerce delegations in Srinagar, lauds locals for support during Op Sindoor
Srinagar, July 6: Union Minister of Commerce and Industry Piyush Goyal, during his visit to Srinagar on Sunday, thanked people for their support during Operation Sindoor.
India exports toys to 153 nations, govt plans another promotional scheme for sector: Piyush Goyal
New Delhi, July 4: India’s toy industry, once heavily dependent on imports, is now manufacturing domestically and exporting to 153 countries, Union Commerce Minister Piyush Goyal said on Friday.
Gujarat records 11 pc rise in GST collection for June 2025, total monthly tax revenue nears Rs 10,000 crore
Ahmedabad, July 1: Gujarat has registered an uptick in its Goods and Services Tax (GST) revenue for the month of June 2025, collecting Rs 6,150 crore, marking an 11 per cent increase compared to Rs 5,562 crore in June 2024.
ELI Scheme gets industry thumbs-up as game-changer for job creation
New Delhi, July 1: Indian industry leaders have hailed the government's approval of the Employment Linked Incentive (ELI) Scheme as a bold and timely move to tackle India's pressing job creation challenge.
Union MoS Margherita inaugurates 73rd Edition of India International Garment Fair
New Delhi, July 1: Union Minister of State for Textiles and External Affairs Pabitra Margherita inaugurated the 73rd edition of India International Garment Fair (IIGF) on Tuesday.
India's tax reforms, digital push have increased revenue, cut compliance costs: FM Sitharaman
New Delhi, July 1: Union Finance and Corporate Minister Nirmala Sitharaman on Tuesday said that India's tax reforms and digital transformation in tax administration have increased revenue and reduced compliance costs.
Chhattisgarh clears 'State Logistics Policy', aims at creating dry ports
Raipur, June 30: The Chhattisgarh Cabinet on Monday approved ‘State Logistics Policy-2025’ which is a comprehensive framework introduced by the government to transform the state into a major logistics and export hub.
Omar Abdullah calls for revival of historical connection of Kashmir artisans with global market
Srinagar, June 30: J&K Chief Minister Omar Abdullah on Monday called for a revival of the buyer-seller relationship to revive the historic connection between Kashmir’s artisans and the global market.
Significant drop in Credit growth of banks, as of June 13, 9.6% Vs 19.1% (YoY): SBI Report
New Delhi, June 30: The credit growth of Scheduled Commercial Banks (SCBs) has moderated to 9.6 per cent as on 13 June 2025, a sharp decline from 19.1 per cent recorded a year ago, according to a recent report by the State Bank of India (SBI).
India will continue to be fastest growing economy, even perform better: FM Sitharaman
New Delhi, June 30: India will continue to be the fastest-growing economy at the current rate of growth — or even better — and with the monsoon being good, agriculture will definitely come up with a more positive number, Finance Minister Nirmala Sitharaman said on Monday.
More Indians now invest in equities as financialization of household savings rises: SBI
New Delhi, June 30: The financialization of household savings in India has gained significant momentum as equities as percentage of household savings in the country has increased from 2.5 per cent in FY20 to 5.1 per cent in FY24, an SBI Research report said on Monday.
Over 82% of MSMEs eye digital sales; offline marketplaces still preferred
New Delhi, June 29: As high as 82 per cent of micro and medium retailers want to adopt digital streams to boost their sales, but offline marketplaces remain their preferred channel, showing their strength.
71% of manufacturing MSMEs say govt-skill training schemes didn't help: Report
New Delhi, June 29: The government skill and talent initiatives are not effectively reaching the Micro, Small and Medium Enterprises (MSMEs) engaged in the manufacturing activities, as a staggering 71 per cent of small firms say government-run skill-training programmes haven't helped them, according to a report by Cushman & Wakefield.
Piyush Goyal outlines top highlights of Commerce and Industry Ministry in last 10 days
New Delhi, June 29: Commerce and Industry Minister Piyush Goyal on Saturday outlined the key highlights pertaining to his ministry in the last 10 days.
Govt revises biomass guidelines to boost bio energy and ease of doing business
New Delhi, June 28: The Centre has revised guidelines for the Biomass Programme under Phase-I of the National Bioenergy Programme to promote cleaner energy solutions, ease of doing business, and accelerate the adoption of biomass technologies across the country, according to a statement.
Govt building e-commerce export hubs to empower MSMEs
New Delhi, June 28: The government is laying the foundation for a next-generation export ecosystem -- one that is digital-first, logistics-enabled and MSME-inclusive, Moin Afaque, Joint Director General of Foreign Trade (DGFT), said on Saturday.
Over 10 lakh micro and small enterprises join Government e-Marketplace
New Delhi, June 28: More than 10 lakh micro and small enterprises (MSEs) have joined the Government e-Marketplace (GeM) portal and total transaction value on GeM has reached around Rs 5.40 lakh crore in FY2024-25, a top government official said on Saturday.
Uttar Pradesh CM Yogi Adityanath holds Janta Darshan at Gorakhnath Temple
Gorakhpur, June 28: Uttar Pradesh Chief Minister Yogi Adityanath on Saturday held a Janta Darshan at the Gorakhnath Temple, where he met people and listened to their grievances.
New biomass guidelines to boost bio-energy, ease of doing business
New Delhi, June 28: In a bid to promote cleaner energy solutions, ease of doing business and accelerate the adoption of biomass technologies across the country, the government on Saturday issued revised guidelines for the biomass programme.
MP: Ratlam hosts landmark 'MP RISE 2025' conclave, paving way for Industrial surge
Ratlam, June 27: Chief Minister Mohan Yadav inaugurated the 8th Regional Industry, Skill and Employment (RISE) Conclave on Friday at Nehru Stadium in Ratlam, marking a pivotal moment in Madhya Pradesh's industrial advancement.
Robust MSME ecosystem key for India's sustainable economic development: President Murmu
New Delhi, June 27: A robust micro, small, and medium enterprises (MSME) ecosystem is not only important but also essential for the country's sustainable economic development, President Droupadi Murmu said on Friday.
CM Yogi inaugurates Youth Adda for promotion of entrepreneurship; launches CM Yuva app
Lucknow, June 27: On the occasion of International MSME Day, Uttar Pradesh Chief Minister Yogi Adityanath on Friday inaugurated the 'Youth adda' and launched a mobile application 'CM Yuva' in an effort to promote entrepreneurship in the state and help the youth with employment.
MSME sector in UP sees rapid growth, over 96 lakh units operational: Minsiter Rakesh Sachan
Lucknow, June 27: Uttar Pradesh Minister for Micro, Small, and Medium Enterprises Rakesh Sachan highlighted the state's thriving MSME sector, with over 96 lakh units generating employment for lakhs of people.
CM Mohan Yadav to inaugurate MP-RISE 2025 conclave in Ratlam
Bhopal, June 27: Madhya Pradesh Chief Minister Mohan Yadav will inaugurate the MP-RISE 2025 (Regional Industry, Skill and Employment) conclave in Ratlam district on Friday.
On MSME Day, small business owners urge Govt for better tech, funding, skilled workforce
By Nikhil Dedha, New Delhi, June 27: On this MSME Day, entrepreneurs and small business founders across various sectors have come forward to highlight the key challenges they face while running their businesses.
Union Minister Piyush Goyal meets MSME stakeholders for implementation of Quality Control Orders
New Delhi, June 27: Union Minister for Commerce and Industry Piyush Goyal held a stakeholder consultation meeting with representatives from the MSME sector to discuss the implementation of Quality Control Orders (QCOs).
QCOs benefit MSMEs by enhancing product quality, consumer satisfaction: Piyush Goyal
New Delhi, June 27: The Quality Control Orders (QCOs) have benefitted the micro, small and medium enterprises (MSMEs) by enhancing their products quality and global competitiveness, Commerce Minister Piyush Goyal has said.
'MP Rise 2025' to push investments, jobs and skill
Bhopal, June 26: The city of Ratlam (western Madhya Pradesh) is set to host a landmark event on June 27, as Madhya Pradesh Chief Minister Mohan Yadav inaugurates the MP Rise 2025 Conclave -- a major initiative aimed at accelerating industrial growth, skill development, and employment generation across the state.
Sonowal inaugurates India's first NBFC for maritime sector
New Delhi, June 26: Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal on Thursday inaugurated the Sagarmala Finance Corporation Limited (SMFCL), India’s first Non-Banking Financial Company (NBFC) in the maritime sector.
Punjab Cabinet allows conversion of industrial plots into hospitals, hotels
Chandigarh, June 26: The Punjab Cabinet, led by Chief Minister Bhagwant Mann, on Thursday, approved significant amendments to the state's conversion policy, enabling the conversion of industrial plots into hospitals, hotels, industrial parks, and other permitted purposes.
2 in 3 Indian MSMEs now digitally equipped to boost business outcomes: Report
New Delhi, June 25: The micro, small and medium enterprises (MSMEs) in India are increasingly leveraging technology to enhance business outcomes, with 67 per cent of them demonstrating digital readiness across core and advanced technologies, according to a report released on Wednesday.
India an important part of Walmart's story: CEO Doug McMillon
New Delhi, June 24: India is an important part of Walmart’s story and over the past two decades, we’ve strengthened and expanded our partnerships in the country to empower people and help local businesses grow, said Doug McMillon, president and CEO of Walmart Inc, on Tuesday.
India balances all stakeholder interests in trade deals, says Commerce Minister Goyal
New Delhi, June 23: Commerce and Industry Minister Piyush Goyal on Monday emphasized that India's approach to Free Trade Agreements (FTAs) with complementary economies carefully balances both offensive and defensive interests of domestic industry, ensuring no sector is left vulnerable.
85 pc of Indian businesses show confidence in GST amid ongoing reforms
New Delhi, June 23: The confidence in Goods and Services Tax (GST) has steadily risen from 59 per cent in 2022 to 85 per cent in 2025, driven by improved compliance maturity, digitisation and proactive engagement by policymakers, a report showed on Monday.
Andhra sets Rs.1 lakh crore investment target in aerospace, Defence
Amaravati, June 23: The Andhra Pradesh government set a target of attracting Rs 50,000 crore to Rs 1 lakh crore in the aerospace and Defence sector over the next five years to establish the state as India's premier aerospace and Defence manufacturing hub.
FM Sitharaman tells CBIC to simplify GST registration further, crackdown on tax evasion
New Delhi, June 20: Finance Minister Nirmala Sitharaman on Friday asked the Central Board of Indirect Taxes and Customs (CBIC) to take further measures to simplify GST registration, ensure speedy closure of investigations for Customs & CGST cases, and prevent tax evasion and wrongful Input Tax Credits (ITC) claims.
Walmart Vriddhi partners to empower additional 100,000 MSMEs for Business Growth by 2028
New Delhi, June 19: Walmart's supplier development program, Walmart Vriddhi, has partnered with Ideas to Impact Foundation (i2i) to empower an additional 100,000 MSMEs in India over the next three years.