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Tag Archives: MSME

COVID-19 related products manufacturers – Update your Data at MSME site

COVID-19 related products manufacturers – Update your Data at MSME site During this COVID-19 pandemic, the government is continuously trying to help domestic MSMEs by procuring as much products from them during this period. For this purpose, the government has introduced special link in Udhyog Aadhar web portal to get data of manufacturers of following […]

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Emergency Credit Line Guarantee Scheme – ECLGS

Emergency Credit Line Guarantee Scheme (ECLGS) The union cabinet approved the Emergency Credit Line Guarantee Scheme on 20-05-2020 as per COVID-19 relief packages introduced by the government of India. The full scheme document is not yet made available, but following are the salient features of the scheme. Objectives of the Scheme • To support the […]

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2% Interest Subvention Scheme for MSME notified by RBI on 21-02-2019

2% Interest Subvention Scheme for MSME notified by RBI on 21-02-2019 Reserve Bank of India has notified 2% interest subvention scheme to MSMEs on 21-02-2019. Following are the salient features of the scheme. Conditions for Eligibility SME should have valid Udhyog Aadhar Number and a Valid GSTN No. SME has taken term loan, working capital […]

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Outreach and Support Initiatives for MSME by Government of India

Outreach and Support Initiatives for MSME by Government of India PM unveils 12 key initiatives 59 minute loan portal to enable easy access to credit for MSMEs Mandatory 25 percent procurement from MSMEs by CPSEs Ordinance for simplifying procedures for minor offences under Companies Act                      […]

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