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Mudra Bank Yojana Scheme
Mudra Bank Yojana Scheme: Prime Minister Narendra Modi Launched on 8th April 2015. Micro Units Development and Refinance Agency Bank (MUDRA Bank) is a public sector financial institution in India.  It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs To provide up to INR 10 lakh to small entrepreneur. T..
PM announces special economic package; comprehensive package of Rs 20 lakh crorePM announces special economic package; comprehensive package of Rs 20 lakh crore
PM gives a clarion call for Atmanirbhar Bharat PM announces special economic package; comprehensive package of Rs 20 lakh crore Total package equivalent to 10% of India’s GDP PM gives a call for self-reliant India; lays down five pillars of Atmanirbhar Bharat Bold reforms across sectors will drive the country's push towards self-reliance: PM It is time to become vocal for our local products and m..
Finance Minister announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan
Finance Minister announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan   KEY HIGHLIGHTS   ü  Rs 40,000 crore  increase in allocation for MGNREGS to provide employment boost ü  Increased investments in Public Health and other health reforms to prepare India for future pandemics ü ..
Effective Implementation of RERA can Restore Trust Between Buyer and Seller: Hardeep S Puri
Effective Implementation of RERA can Restore Trust Between Buyer and Seller: Hardeep S Puri Primary Aim is to Address Concerns of Homebuyers to Ensure Completion of Projects: Durga Shanker Mishra More Than 52,000 Real Estate Projects &40,517 Real Estate Agents Registered Under RERA RERA Day Organized   Shri Hardeep S Puri, Minister of Housing and Urban Affairshas said that one of the principal objectives of RERA is to help restore the trust betwee..
Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19
Finance Minister announce measures for relief and credit support related to businesses, especially MSMEs to support Indian Economy’s fight against COVID-19   Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs Rs 20,000 crore Subordinate Debt for Stressed MSMEs Rs 50,000 crore equity infusion through MSME Fund of Funds New Definiti..
Ministry of MSME Launches CHAMPIONS Portal www.Champions.gov.in
In a major initiative Union Ministry of MSME has launched CHAMPIONS portal www.Champions.gov.in, a Technology driven Control Room-Cum-Management Information System.  The system utilising modern ICT tools is aimed at assisting Indian MSMEs march into big league as National and Global CHAMPIONS.   The CHAMPIONS stands here for Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength. Accor..
PM gives a clarion call for Atmanirbhar Bharat
PM gives a clarion call for Atmanirbhar Bharat PM announces special economic package; comprehensive package of Rs 20 lakh crore Total package equivalent to 10% of India’s GDP PM gives a call for self-reliant India; lays down five pillars of Atmanirbhar Bharat Bold reforms across sectors will drive the country's push towards self-reliance: PM It is time to become vocal for our local products and make them global: PM   Prime Minister Shri Nare..
Presentation made by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19
Presentation made by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19   Click here for the detail PPT ..
Prime Minister Interacts with the Chief Ministers of all the states and UTs
Prime Minister Interacts with the Chief Ministers of all the states and UTs 5th such meeting with the Chief Ministers since 20th of March 2020 The effort now should be to stop the spread of COVID19 in rural areas: PM Shri Narendra Modi India must leverage the opportunities that arise in the Post COVID Era: PM We must all plan for the new world reality: PM Posted On: 11 MAY 2020 10:22PM by PIB Delhi Prime Minister Shri Naren..
Cabinet approves modifications in the existing Partial Credit Guarantee Scheme (PCGS)
The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the Sovereign portfolio guarantee of up to 20% of first loss for purchase of Bonds or Commercial Papers (CPs) with a rating of AA and below (including unrated paper with original/ initial maturity of up to one year) issued by NBFCs/ MFCs/Micro Finance Institutions (MFIs) by Public Sector Banks (PSBs) through an extension of the Partial Credit Guarantee Scheme (PCGS). The Cabinet also approved modifications in the ..
Solar sector has huge potential to benefit energy extensive sectors – Shri Nitin Gadkari
Union Minister for MSME and Road Transport and Highways, Shri Nitin Gadkari today held meeting via video conferencing with the members of Maha Solar Sangathan to understand the opportunities in the solar energy sector. The Minister highlighted the importance of solar energy and said that the sector has a huge potential and can help to reduce the electricity cost significantly. He further mentioned that sectors such as agriculture, warehousing etc. are energy extensive sectors and proper commerc..
PM gives a clarion call for Atmanirbhar Bharat
PM gives a clarion call for Atmanirbhar Bharat PM announces special economic package; comprehensive package of Rs 20 lakh crore Total package equivalent to 10% of India’s GDP PM gives a call for self-reliant India; lays down five pillars of Atmanirbhar Bharat Bold reforms across sectors will drive the country's push towards self-reliance: PM It is time to become vocal for our local products and make them global: PM   Prime Minister Shri Nare..
Cabinet approves additional funding of up to Rupees three lakh crore through introduction of Emergency Credit Line Guarantee Scheme (ECLGS)
Cabinet approves additional funding of up to Rupees three lakh crore through introduction of Emergency Credit Line Guarantee Scheme (ECLGS) 100 per cent credit guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions (MLIs) Guaranteed Emergency Credit Line (GECL) facility to eligible Micro, Small and Medium Enterprise (MSME) borrowers, including interested MUDRA borrowers https://pib.gov.in/PressReleasePage.as..
Government is exploring new financial lending institutions to support small-scale units – Shri Nitin Gadkari
Union Minister for MSME and Road Transport and Highways, Shri Nitin Gadkari today said that the government is exploring new financial lending institutions to support small-scale units in terms of financial support.  Shri Gadkari said that government is working towards strengthening the NBFCs which will help small businesses to avail easy credit in the coming time. He was speaking at a meeting via video conferencing with the Members of Calcutta Chamber of Commerce on impact of COVID-19 on M..
MSME Minister Gadkari bats for technology upgradation and attracting foreign investment to combat post COVID scenario
Union Minister for MSMEs and Road Transport & Highways Shri Nitin Gadkari has called upon the MSME sector to consider technology upgradation and to look for foreign investment to forge ahead in the post-COVID scenario. He said, the relief package announced by the Prime Minister for MSME sector should be utilised by the medium and small scale industry to jump back into action. Addressing the members of Confederation of Faridabad Industries Association and Materials Recycling Association of India in tw..
Ministry of Micro, Small and Medium Enterprises (MSMEs) launches another funding scheme to help the distressed MSME sector
Ministry of Micro, Small and Medium Enterprises (MSMEs) launches another funding scheme to help the distressed MSME sector Minister of MSME, Shri Nitin Gadkari today launched the Credit Guarantee Scheme for Sub-ordinate Debt (CGSSD) which is also called “Distressed Assets Fund–Sub-ordinate Debt for MSMEs”. As per the Scheme, the guarantee cover worth Rs. 20,000 crores will be provided to the promoters who can take debt from the banks to further invest in their stre..
Refunds amounting to Rs. 26,242 crore issued since 1st April, 2020
Central Board of Direct Taxes (CBDT) has issued tax refunds worth Rs. 26,242 crore to 16,84,298 assessees since 1st April, 2020 to 21st May, 2020. Income Tax refunds amounting to Rs. 14,632 crore have been issued to 15,81,906 assessees and corporate tax refunds amounting to Rs. 11,610 crore have been issued to 1,02,392 assessees during this period. It is stated that the refund process has been further expedited and refunds are being issued at a greater pace since the Union Finance Min..
Finance Minister unveils Doorstep Banking Services and declares EASE 2.0 Index ResultsFinance Minister unveils Doorstep Banking Services and declares EASE 2.0 Index Results
Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman today inaugurated Doorstep Banking Services by PSBs and participated in the awards ceremony to felicitate best performing banks on EASE Banking Reforms Index. Secretary, Department of Financial Services Shri Debasish Panda and Chairman IBA, Shri Rajnish Kumar,were also present at the virtual event. Doorstep Banking Services by PSBs As part of the EASE ..
Cabinet approves establishment of Animal Husbandry Infrastructure Development Fund
Cabinet approves establishment of Animal Husbandry Infrastructure Development Fund In pursuance of recently announced Atma Nirbhar Bharat Abhiyan stimulus package for ensuring growth in several sectors, the Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved setting up of Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15000 crore.   Government has been implementing several schemes for incentivizing the ..
Union Minister of Fisheries, Animal Husbandry and Dairying Shri Giriraj Singh launches the Implementation Guidelines for Animal Husbandry Infrastructure Development FundUnion Minister of Fisheries, Animal Husbandry and Dairying Shri Giriraj Singh launches the Implementation Guidelines for Animal Husbandry Infrastructure Development Fund
Union Minister of Fisheries, Animal Husbandry and Dairying Shri Giriraj Singh today launched the Implementation Guidelines for Animal Husbandry Infrastructure Development Fund (AHIDF) worth Rs. 15,000 crores, which was approved by the Union Cabinet on 24.06.2020 under the Atma Nirbhar Bharat Abhiyaan stimulus package for ensuring growth in several sectors. Union Minister of State for Fisheries, Animal Husbandry and Dairying Shri Pratap Chandra Sarangi was also present on the occasion.  ..



Better Prices For Farmers, Boost For MSMEs, Street Vendors In Big Cabinet Decisions Better Prices For Farmers, Boost For MSMEs, Street Vendors In Big Cabinet Decisions
Posted on Tuesday June 2 2020

Stock market push, new definition: Govt fresh measures to bolster MSMEs Stock market push, new definition: Govt fresh measures to bolster MSMEs
Posted on Monday June 1 2020

Nirmala Sitharaman says, Banks cannot refuse credit to MSMEs covered under ECF Nirmala Sitharaman says, Banks cannot refuse credit to MSMEs covered under ECF
Posted on Friday July 31 2020


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