Tag
MSME
11 articles
Government policies are creating a favorable environment for Indian MSMEs, fostering both domestic and international growth. The Government e-Marketplace (GeM) has facilitated over ₹2.37 lakh crore in procurement from MSMEs, while initiatives like the proposed BRICS Incubator Network aim to expand support for startups and innovation across member nations. Furthermore, the operationalization of the cross-border e-commerce export framework simplifies export processes for Indian manufacturers and MSMEs, promoting greater global participation. These developments suggest continued momentum for the sector, potentially driving increased economic activity and export revenue, although vigilance against procurement anomalies and adherence to new regulatory requirements will be crucial.
GeM MSME Procurement Hits ₹2.37 Lakh Crore FY26
Government e-Marketplace achieved ₹2.37 lakh crore procurement from MSMEs in FY 2025-26, representing 47.2% of total orders.
Platform registered 11.75 lakh MSMEs, 37,758 startups, 2.17 lakh women entr
India Hosts Tenth BRICS Industry Ministers Meeting
India concluded the Tenth BRICS Industry Ministers' Meeting in Jaipur under its 2026 BRICS Chairship.
Ministers adopted a Joint Declaration to advance industrial cooperation on MSMEs, photovoltaics, s
India Notifies Cross-border E-commerce Export Framework
Government operationalizes inventory-based e-commerce export framework under Foreign Trade Policy 2023 via Notification No. 27/2026-27.
Framework enables export-only inventory operations through regis
India Ease of Doing Business Reforms Progress Report
Government reports major progress in business reforms including 8.29 lakh approvals through National Single Window System and 2.47 lakh DPIIT-recognized startups.
MSME support initiatives show signifi
MSME Development Amendment Bill 2026 Passed
Parliament passed the MSME Development Amendment Bill 2026 to update the 2006 Act, introducing reforms for payment constraints, dispute resolution, and compliance simplification.
MSMEs contribute 31.1
India Ease of Doing Business Reforms Progress Report
Government reports significant progress in business reforms with National Single Window System granting 8.29 lakh approvals and Udyam MSME registrations reaching 9.27 lakh.
Credit support schemes show
MSME Development Amendment Bill 2026 Passed
Parliament passed MSME Development Amendment Bill 2026 updating 2006 Act to align with sector needs.
Key reforms include mandatory TReDS platform payments for CPSEs, faster dispute resolution timeline
MSME Ministry Participates in Har Ghar Tiranga Campaign
Ministry of MSME organized a program on 13 August 2026 to promote patriotism and national unity through the Har Ghar Tiranga campaign.
Secretary distributed National Flags to officials and encouraged
PM Modi Endorses GeM's Public Procurement Transformation
PM Narendra Modi shared Union Minister Piyush Goyal's article detailing Government e-Marketplace (GeM) achievements.
GeM strengthened Ease of Doing Business over 10 years through transparent procureme
PM Vishwakarma Beneficiaries Attend Independence Day
Government invites 100 PM Vishwakarma beneficiaries from Delhi-NCR as special guests for 80th Independence Day ceremony at Red Fort.
Women artisans from traditional trades included, recognizing scheme
Parliamentary Committee Recommends Ease of Doing Business Reforms
Parliamentary Committee presents 201st report assessing India's business reforms, identifying bottlenecks and proposing measures to strengthen the ecosystem.
Committee recommends mandatory deemed appr