India, Aug. 18 -- The Government of India issued the following news release:
Ministry of MSME has taken various steps for the promotion and development of MSME sector. Some of these are detailed below.
Udyam Registration for MSMEs, for Ease of Doing Business w.e.f. 1.7.2020.
Launch of Udyam Assist Platform (UAP) to bring the Informal Micro Enterprises (IMEs) under the formal ambit for availing the benefit under Priority Sector Lending (PSL).
Inclusion of Retail and Wholesale traders as MSMEs w.e.f. 2.7.2021.
Credit Guarantee Scheme revamped with required infusion of funds of Rs. 9,000 crore to facilitate additional credit of Rs. 2 lakh crore for MSEs and expand employment opportunities.
Launch of 'PM Vishwakarma' Scheme on 17.09.2023 ...