The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved significant increases in the Minimum Support Prices (MSP) for 14 Kharif crops for the 2026-27 marketing season, aiming to ensure better returns for farmers and encourage cropping diversity. Under the decision, the MSPs for allContinue Reading
The Government of India has now fully operationalised its new labour codes, a major reform consolidating 29 older labour laws into four unified codes covering wages, industrial relations, social security, and workplace safety. This overhaul is aimed at simplifying compliance, strengthening worker protections, and making it easier for businesses —Continue Reading
With disruptions in industrial gas supplies increasingly affecting small manufacturers and factory clusters across India, industry groups representing micro, small, and medium enterprises (MSMEs) are pressing the government for urgent financial relief to help firms stay afloat. The request centres on a moratorium of up to six months on existingContinue Reading
Credit growth in India’s banking system is expected to pick up pace in the coming fiscal year — but with an uneven pattern across segments. According to Surinder Kumar Thapar, a senior advisor at the Indian Banks Association, lenders are likely to see robust expansion in credit to the retailContinue Reading
India and the Republic of Korea have formalised a Memorandum of Understanding (MoU) to strengthen cooperation in the micro, small and medium enterprises (MSME) sector, marking a new phase in bilateral economic engagement between the two countries. This agreement was signed during the State Visit of South Korean President LeeContinue Reading
India’s plastics industry is undergoing a strategic shift—and events like PlastiWorld 2026 are becoming the driving force behind this transformation. Rather than being just another industry exhibition, the event signals a deeper ambition: turning Indian MSMEs into global suppliers of finished plastic products. Scheduled at the Jio World Convention CentreContinue Reading
The Centre has announced plans to intensify its engagement with India’s micro, small and medium enterprises (MSMEs) to address longstanding industry concerns about compulsory product certification and quality regulations that many small businesses find confusing or burdensome. Officials from the Department of Consumer Affairs (DoCA) and the Bureau of IndianContinue Reading
