Kolkata, Jul 20 (KNN) The West Bengal government has approved the West Bengal Incentive Scheme (WBIS) 2026 for Micro, Small and Medium Enterprises (MSMEs) to promote industrial growth, employment generation and balanced regional development across the state. The scheme will come into effect from October 1, 2026, and will remainContinue Reading
New Delhi, Jul 31 (KNN) The Government is promoting the adoption of artificial intelligence (AI) and digital technologies among MSMEs through the IndiaAI Mission, which has an approved outlay of Rs 10,371.92 crore. The information was given by Union Minister of State for MSME Shobha Karandlaje in a written replyContinue Reading
Mumbai, Apr 18 (KNN) The Reserve Bank of India, Nagpur, organised a district-specific Vidarbha Specific Training for Empowering MSMEs (VSTEM) workshop along with a townhall meeting in Wardha on April 17, 2026, aimed at strengthening financial inclusion and supporting MSME development. The programme saw participation from over 200 MSMEs andContinue Reading
New Delhi, May 8 (KNN) India has begun advancing a renewed cooperation agenda for micro, small and medium enterprises (MSMEs) under its 2026 BRICS Chairship, with a focus on improving access to finance and strengthening institutional collaboration among member countries. As part of its responsibilities under the BRICS Partnership onContinue Reading
New Delhi, May 15 (KNN) Artificial intelligence (AI)-driven lending models have the potential to close an estimated credit gap of USD 130–170 billion for India’s micro, small and medium enterprises (MSMEs), according to a government release issued this week. The PIB backgrounder noted that AI-based credit systems are reshaping India’sContinue Reading
Bengaluru, Jun 1 (KNN) The Union government is set to establish a Centre of Excellence (CoE) for Artificial Intelligence, Robotics, and Innovation in Bengaluru’s Peenya Industrial Area to support the growth of micro, small, and medium enterprises (MSMEs) in Karnataka and across the country. Minister of State for MSME ShobhaContinue Reading
Chennai, Jun 4 (KNN) Micro, small and medium enterprise (MSME) representatives in Coimbatore have urged the Tamil Nadu Commercial Taxes Department not to invoke Section 74 of the State Goods and Services Tax (SGST) Act for routine compliance lapses. They stated that the provision should be reserved for cases involvingContinue Reading
