PM Modi: Special focus given in budget to strengthen MSMEs via credit facilitation, tech upgradation

PM Modi: Special focus given in budget to strengthen MSMEs via credit facilitation, tech upgradation

Ease of Doing Business for MSMEs: “Government has announced a Rs 6,000-crore Raising and Accelerating MSME Performance (RAMP) program for MSMEs,” PM Modi said on Thursday. Ease of Doing Business for MSMEs: Prime Minister Narendra Modi in a post-budget webinar on Thursday said the special focus has been given in the budget to strengthen MSMEs … Read more

Prime Venture Partners closes 4th fund at $ 120 million

Prime Venture Partners closes 4th fund at $ 120 million

The fund was oversubscribed and has exceeded its target of $ 100 million in commitments. Town Salman SH Prime Venture Partners, an early-stage India-focused venture capital fund, on Thursday announced the final close of its fourth fund of $ 120 million. The fund was oversubscribed and has exceeded its target of $ 100 million in … Read more

Govt to create equity fund for start-ups with 20 pc limited partnership: MoS IT

Govt to create equity fund for start-ups with 20 pc limited partnership: MoS IT

“The finance minister has announced that there will be such a fund where the government will be a 20 per cent limited partner and it will be managed by private fund managers. The government will create a new equity fund for start-ups with a 20 percent limited stake to provide additional capital support to the … Read more

KVIC sees highest placements for its trainees; pips NSIC, Tool Rooms, other MSME Min units in skilling: Govt data

KVIC sees highest placements for its trainees;  pips NSIC, Tool Rooms, other MSME Min units in skilling: Govt data

Skill, labor and talent for MSMEs: Total 69,831 people were trained as of February 28, 2021, for various skill-based jobs and / or entrepreneurship across centers established by KVIC, Tool Rooms, NSIC, NI-MSME, Coir Board, and Technology Center Systems Program (TCSP) Division during the year. Skill, labor and talent for MSMEs: Khadi and Village Industries … Read more