A Landmark GIFT for a Greener Tomorrow: MSME GIFT Scheme for 2025-26
In a significant push towards a sustainable future, the Government of India is championing a groundb...
Tag Archives: MSME News
Union Bank’s MSME Suvidha Scheme: Boost for Indian Entrepreneurs in 2025
As India's economy moves forward into 2025, the backbone of its industry—the Micro, Small, and Medium Enterprises (MSME)—is getting a significant financial boost. Union Bank of India's flagship "Union MSME Suvidha" scheme is making headlines as a pivotal financial tool designed to fuel the growth and expansion of small businesses across the nation. This scheme for MSME is being seen as a critical support system, offering timely and adequate finance to help entrepreneurs achieve their business goals.
A Major Boost for Small Businesses: Government Widens MSME Definition with Higher Investment and Turnover Limits
New Delhi, 21 March 2025 | In a landmark decision set to benefit millions of small businesses, the Central Government has officially revised the definition of Micro, Small, and Medium Enterprises (MSMEs). The Ministry of Micro, Small and Medium Enterprises announced the new classification criteria through a gazette notification, significantly increasing the investment and turnover thresholds.
Khadi and Yoga: KVIC Celebrates India’s Twin Global Movements on International Yoga Day | MSME
New Delhi, 21 June 2025 | In a unique blend of wellness and national pride, the Khadi and Village Industries Commission (KVIC) celebrated the 11th International Yoga Day with a massive yoga event at its historic headquarters at Rajghat, New Delhi. The program highlighted the deep connection between the ancient practice of Yoga and the Swadeshi spirit of Khadi, celebrating both as powerful symbols of India's cultural heritage.
UP’s Flatted Factory Revolution: Lucknow and Ghaziabad to Get Major MSME Boost
Lucknow, 22 June 2025 | Uttar Pradesh is doubling down on a successful industrial model to empower its small businesses. Following the remarkable success of Flatted Factory Complexes in Kanpur and Agra, the UP government is now expanding this innovative scheme to two more major cities: Lucknow and Ghaziabad.
PNB Adjusts Lending Rates: The New MCLR and Its Impact on Your EMIs | MSME News
New Delhi – Punjab National Bank (PNB), a cornerstone of India's banking sector, has revised its Marginal Cost of Funds Based Lending Rate (MCLR). These new rates, effective from June 1, 2024, are crucial news for countless individuals and businesses, particularly MSMEs, as they directly influence the cost of borrowing. This article breaks down what this financial news means for you.