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Economic Survey 24-25 calls for deregulation and stronger support for MSMEs

The Survey outlines a three-step process for states to systematically review regulations based on cost-effectiveness. Read more

India’s MSME employment surpasses 200 million, spikes 66% in 1 year

Out of the total reported jobs, approximately 45.4 million were held by women employees.Read more

GeM Portal Empowers Micro and Small Enterprises: Sales Set to Exceed $20 bn

GeM, the public procurement portal launched on August 9, 2016, facilitates online purchases of goods and services for all central government ministries and departments.Read more

India's SMEs: Navigating digitalisation and sustainability challenges

A study grounded in nationwide survey encompassing over 600 Small and Medium Enterprises (SMEs) across 14 cities sheds light on the evolving landscape of digital transformation and sustainability practices within these SMEs.Read more

GST reporting window extended to 30 Days for over Rs 100 cr turnover firms

GST assesses will now have an extended period of up to 30 days to report their invoices on the e-invoice portal. These new regulations will take effect starting from November 1.Read more

Greaves Cotton announces Q1, FY24 earnings, EBITDA stood at Rs 45 Cr

Greaves Cotton saw a growth of 63 per cent y-o-y, and improvement in margins by 4 bps to 11.3 per cent. Company’s new acquisition Excel's revenue stands at Rs 39 crores with robust margins.Read more

GeM become one of the largest public procurement portal, marks 7 years

Government e-Marketplace (GeM) is India's online marketplace for public procurement. It commemorates its 7th Foundation Day and marks achievements in both transaction value and the breadth of the buyer-seller ecosystem.Read more

GeM portal touches annual procurement of Rs 1 lakh cr in 2021-22

Government e Marketplace (GeM) - a one-stop portal to facilitate online procurement of common use goods & services required by various Government bodies - has attained an annual procurement of Rs 1 lakh crore within FY 2021-22 - up by 160% compared to last FY.Read more

MSME industry bodies demand to extend deadline for Udyam registration

MSMEs registered with Udyam will be eligible to avail collateral-free credit under the Credit Guarantee fund scheme.Read more

DPIIT simplifies Industrial Entrepreneur Memorandum (IEM) portal

This Single form will facilitate filling of investment intentions (IEM-Part A) and reporting of commencement of production (IEM-Part B) in a seamless manner.Read more

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