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Interest Equalisation Scheme Supports 11,000 Indian Exporters Amid High Rates

New Delhi, March 26 -- In a recent statement to the Lok Sabha, Minister of State for Commerce and Industry Jitin Prasada highlighted the critical role of the interest equalisation scheme in supporting... Read More


ADB To Provide USD 150 Mn For MSME Credit And Electric Vehicle Loans

New Delhi, March 26 -- The Asian Development Bank (ADB) has signed a significant loan agreement with Shriram Finance Limited worth USD 150 million, aimed at expanding financial access for micro, small... Read More


Vi Signs Mou To Accelerate MSME Digital Transformation In West Bengal

New Delhi, March 26 -- Telecom major Vodafone Idea (Vi) has signed a memorandum of understanding (MoU) with the West Bengal State Export Promotion Society (WBSEPS) to accelerate digital transformation... Read More


RBI Revises Priority Sector Lending Norms To Boost Credit Access

New Delhi, March 25 -- The Reserve Bank of India (RBI) has announced comprehensive revisions to its priority sector lending norms, effective April 1, designed to improve credit accessibility across ke... Read More


Enhancement in Guarantee Cover With Reduction In Fees For MSMEs

New Delhi, March 25 -- In a significant move to support the growth and sustainability of Micro and Small Enterprises (MSEs), the Government of India has announced enhancements to the Credit Guarantee ... Read More


Govt Revises Compensation Guidelines for Transmission Line Projects

New Delhi, March 25 -- In a bid to expedite power infrastructure projects and standardise compensation practices, the Ministry of Power has issued revised guidelines for Right of Way (RoW) compensatio... Read More


PLI Scheme For Specialty Steel Expands With Rs 17,000 Cr Investment

New Delhi, March 25 -- The Ministry of Steel has marked a significant milestone in India's industrial development by signing Memorandums of Understanding (MoUs) under the Production-Linked Incentive (... Read More


Rs 27 Cr MSME TEAM Scheme For Market Access Through E-commerce Becomes Operational

New Delhi, March 25 -- The Ministry of Micro, Small and Medium Enterprises (MSME) has introduced a groundbreaking sub-scheme under the Central Sector Scheme Raising and Accelerating MSME Performance P... Read More


India's Defence Production Records 167% Growth Since 2014-15; Hits Rs 1.27 Lakh Cr

New Delhi, March 25 -- India has achieved a remarkable milestone in defence production, recording a historic high of Rs 1.27 lakh crore in fiscal year 2023-24, signaling a dramatic shift from decades ... Read More


ONDC Inching Towards Critical Mass; Surpasses 200 Mn E-commerce Transactions

New Delhi, March 25 -- The Open Network for Digital Commerce (ONDC) has achieved a significant milestone, surpassing 200 million transactions and solidifying its position as a transformative force in ... Read More