Footwear

SIDBI And D&B To Create Index To Track ESG Among MSMEs

Opportunity India Desk Oct 03, 2022 - 3 min read

The Small Industries Development Bank of India (SIDBI) and Dun & Bradstreet (DB) will a quarterly SIDBI-D&B Sustainability Perception Index (SIDBI–D&B SPeX) which will be shared with policymakers as a quantitative measurement of the adoption of environmental, social, and corporate governance (ESG) measures among MSMEs and “nudge businesses towards adopting an ESG framework in their ...

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NSSH Conclave To Promote Entrepreneurship Culture among SC-ST Held In Mizoram

Opportunity India Desk Oct 17, 2022 - 2 min read

In order to promote entrepreneurship culture and spread awareness of the National SC-ST Hub (NSSH) scheme, the ministry of Micro, Small & Medium Enterprises (MSME), organised a NSSH Conclave at Aizawl in Mizoram. The event was attended by Mizoram Health & Family Welfare minister Dr. R Lalthangliana, and Esther Lalruatkimi, Principal Secretary, Department of Commerce ...

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All You Need To Know About Udyam Registration

Opportunity India Desk Oct 27, 2022 - 3 min read

In order to boost small and medium enterprises (MSMEs), the government has launched the Udyam registration portal which is a dedicated online portal for MSME entrepreneurs who can register their enterprises and can avail benefits by the government. Here’s how the Udyam registration works and how MSMEs can avail various benefits just by registering. Udyam ...

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Delayed Payment Complaints By MSEs Drop: Govt data

Opportunity India Desk Jan 02, 2023 - 2 min read

The government said that delayed payment applications filed by micro and small enterprises (MSEs) against central public sector units and departments dropped 11.7 per cent to 31,192 in the calendar year 2022 from 35,347 in 2021. The amount involved in these applications also dropped by 9 per cent from INR 7,849 crore to INR 7,128 ...

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Khadi And Village Industries’ Growth Likely To Decline In FY23: Govt Data

Opportunity India Desk Feb 22, 2023 - 2 min read

The MSME Ministry has said that the Khadi and Village industries’ growth rate is expected to decline in Financial Year 2023 with turnover growth to be 13.8 per cent, down from 20.54 per cent in Current Financial Year ending on March 31 (FY 2022-23). Presenting the FY23 annual report released, the ministry said Village industries ...

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Govt Launches MSME Competitive Scheme To Strengthen Sector

Opportunity India Desk Mar 13, 2023 - 2 min read

Union Minister for MSME Narayan Rane on March 10 launched the MSME Competitive (LEAN) Scheme and said that LEAN has the potential to become a national movement and that it aims to provide a roadmap to global competitiveness for the MSMEs of India. He added that LEAN will not only attempt to improve quality, productivity ...

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MSMEs In India: A Harbinger Of Growth To Achieve Vision Of Aatmanirbhar Bharat

Opportunity India Desk Jun 27, 2023 - 5 min read

The Micro, Small, and Medium enterprises (MSME) sector is the most crucial sector for a country like India, as it is a major contributor to the country's socioeconomic development. MSMEs have played an essential role in providing employment opportunities and are the second largest employment-generating sector after agriculture. The sector contributes around 33 per cent ...

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Will Allocate INR 100 Crores To Nurture Entrepreneurship: Haryana Govt

Opportunity India Desk Jun 27, 2023 - 4 min read

Deputy Chief Minister of Haryana on Tuesday said that the state will be allocating INR 100 crores in their upcoming budget as a part of new innovative incentives, setting up incubation centres, and assistance for loans, all aimed at fostering balanced regional development and nurturing entrepreneurship among youth. Addressing the 3rd ASSOCHAM Haryana MSME Samvaad, ...

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Sapana Carpet-Mats Seeks Improvement In Ease Of Doing Business

Opportunity India Desk Jun 28, 2023 - 6 min read

Carpet manufacturing in India is among the oldest industries and probably dates back thousands of years to when carpets existed. Hand-made carpets have been a part of the local industries in states like Jammu and Kashmir and Uttar Pradesh’s districts of Bhadoi and Mirzapur. If we look at the current condition of the market, there ...

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Amazon Will Emerge As Strongest Enabler To MSMEs

Opportunity India Desk Jul 04, 2023 - 2 min read

E-Commerce platform Amazon will emerge as strongest enabler to these Micro Small and Medium Enterprises (MSME) due to its scale, a report by InGovern Research, a proxy advisory firm said. “We predict that Amazon will emerge as the strogest enabler to these MSME due to its scale. While ONDC continues to take tiny steps, it ...

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