MSMEs

Nadcap accreditation for TCR's Navi Mumbai and Vadodara laboratories will allow Indian aerospace suppliers to conduct critical materials testing domestically, cutting costs

Prime Minister Narendra Modi's call to MSMEs to fully leverage India's growing network of free trade agreements (FTAs) is timely, as these pacts offer small businesses an opportunity to access larger global markets, integrate with global value chains and improve their competitiveness, exporters say. They also said that with preferential market access now available across several major economies, the real opportunity lies in converting these agreements into export orders. Prime Minister Narendra Modi, on Saturday, said India has finalised FTAs with about 40 countries since 2014, presenting a tremendous opportunity for the country's MSMEs, and urged small enterprises to tap these opportunities and not let the chance slip away. Addressing the country on the 80th Independence Day, he said there is a need to expand the global reach of Indian products and ensure that goods such as textiles, machinery and medicines find their way into international markets. Welcoming the government's move

Centre likely to launch second phase of PM Vishwakarma scheme on September 17, with higher credit access and stronger market support for artisans

The MSMED Amendment Bill seeks faster payments, online dispute resolution and easier recovery of dues, but industry bodies flag concerns over TReDS access and implementation

Policy reforms are unlocking receivables financing, giving small businesses faster access to liquidity against unpaid invoices

The proposed facility at Sahaspur industrial estate will offer common infrastructure and services to railway manufacturers, ancillary units, MSMEs and technology firms

Industry body FISME has urged the CBIC to protect bona fide GST buyers from suppliers' defaults, expedite refunds and simplify compliance to improve ease of doing business

The India SME Forum estimates the MSME procurement economy at ₹124.9 trillion, but says only 30-40 per cent of spending currently takes place through digital channels

The MIP on PVC resin may support domestic producers but risks raising costs for MSMEs, infrastructure projects and exporters while failing to address supply shortages

The Rajya Sabha on Monday passed a bill that seeks to tackle the issue of delayed payments to MSMEs by prescribing timelines to ensure faster adjudication of disputes, provide recovery of the settlement agreement, and address their liquidity issues, even as Opposition members continued to disrupt the House. The Upper House was adjourned after the passage of the Micro Small and Medium Enterprises Development (Amendment) Bill, 2026. Members of the Opposition kept raising slogans during the bill's passage, demanding the presence of Home Minister Amit Shah to answer questions on police action against students protesting NEET exam paper leak. Replying to the discussion on the bill, Union Minister for MSME Jitan Ram Manjhi outlined the advantages of the proposed legislation for the sector and various sections of society, expressing dismay at the loud protests by Opposition members. "We expected our opposition allies to support, cooperate, and pass this bill, but today they are opposing .

The policy offers capital subsidies, export assistance and technology incentives as Haryana seeks to double exports over the next five years

Women-led MSMEs are surging in Odisha, with registrations rising eightfold in six years as policy support helps first-generation entrepreneurs create jobs

The government on Tuesday introduced a Bill in the Rajya Sabha that seeks to tackle the issue of delayed payments to micro small and medium enterprises (MSMEs) by prescribing timelines to ensure faster adjudication of disputes, provide recovery of the settlement agreement, and address their liquidity issues. Union Minister for MSMEs Jitan Ram Manjhi introduced the Micro Small and Medium Enterprises Development (Amendment) Bill, 2026 in the Rajya Sabha. The Bill seeks to amend The Micro, Small and Medium Enterprises Development Act, 2006. "This legislation was framed in 2006, therefore there is a need for reforming it and making additions," the minister said. Notably, the proposed legislation seeks to empower courts to order payment of at least 50 per cent of the awarded amount to MSME suppliers, if the application to set aside an order is pending for more than six months. It also seeks to provide recovery of the mediated settlement agreement or the arbitral award as arrear of land

The national transporter plans procedural reforms, mechanised execution and faster project clearances to raise its freight modal share from 24 per cent to 40 per cent

A parliamentary panel has urged the CCI to periodically review its regulations, improve transparency in penalty calculations and strengthen safeguards for MSMEs and startups

The report cautions that easing domestic sales by SEZ units could undermine the export-focused framework, weaken MSMEs and distort competition unless accompanied by strict safeguards

UNDP India chief Angela Lusigi says reducing women's unpaid care burden through affordable childcare is key to boosting workforce participation and improving access to skilling

The practice of bundling soluble and specialty fertilisers with heavily subsidised conventional fertilisers such as urea is hurting innovation and pushing micro, small and medium enterprises (MSMEs) in the sector towards collapse, according to Rajib Chakraborty, President of the Speciality Fertiliser Association of India (SFAI). In an interview to PTI, Chakraborty said that farmers, as well as the industry, are often placed in a difficult position by this practice, known in trade parlance as "tagging," in which dealers make the sale of subsidised urea conditional on the purchase of speciality products. He said the practice occurs at multiple levels -- company, distribution and dealer -- and has caused significant damage to the industry over the years. As a result, he said, new and improved fertiliser products developed by smaller companies are struggling to reach the market. "The newly invented products or augmented products are actually not reaching the dealer shelf," he said, add

The Centre plans to integrate GeM with TReDS, enabling MSMEs to move seamlessly from government procurement to invoice financing and faster payments

The Ministry of MSME said the change is intended to address the delayed payments faced by small businesses