Government Expands MSME Schemes and Funding Support

13 Aug 2025 CW Team

The Udyam Registration Portal, launched on 1 July 2020 with revised MSME classification criteria, has reported total employment of 287.3 million from 1 July 2020 to 31 July 2025, including figures from the Udyam Assist Platform. Key measures taken by the Ministry of MSME include:

Ease of Doing Business: Launch of Udyam Registration and Udyam Assist Platform to formalise informal micro enterprises for Priority Sector Lending benefits.
Sector Inclusion: Retail and wholesale traders recognised as MSMEs from 2 July 2021.
Credit Support: Revamped Credit Guarantee Scheme with Rs. 9 billion fund infusion to enable additional credit of Rs. 2 trillion for MSEs and expand employment opportunities.
Skill and Artisan Support: Launch of PM Vishwakarma Scheme on 17 September 2023 to provide comprehensive benefits to traditional artisans and craftspeople in 18 trades.
Equity Infusion: Creation of the Self Reliant India (SRI) Fund with Rs. 500 billion for equity investment in MSMEs with high growth potential.
Collateral-Free Loans: Loans up to Rs. 100 million for MSEs with guarantee coverage up to 90 per cent via the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).
Receivables Financing: Operation of the Trade Receivables Discounting System (TReDS) to facilitate electronic financing of MSME receivables and reduce payment delays.
PMEGP Expansion: Enhancement of maximum project cost under PMEGP from Rs. 2.5 million to Rs. 5 million for manufacturing, and from Rs. 1 million to Rs. 2 million for services.

These measures, as highlighted by Minister of State for MSMEs Sushri Shobha Karandlaje in the Rajya Sabha, are aimed at driving growth, improving access to finance, enhancing skills, and strengthening the formalisation of the sector.

The government continues to support the establishment, promotion, and development of Micro, Small and Medium Enterprises (MSMEs) across India through a range of schemes, programmes, and policy initiatives. These include the Prime Minister’s Employment Generation Programme (PMEGP), Credit Guarantee Scheme for Micro and Small Enterprises, Micro and Small Enterprises-Cluster Development Programme (MSE-CDP), Entrepreneurship Skill Development Programme (ESDP), Procurement and Marketing Support Scheme (PMSS), Raising and Accelerating MSME Performance (RAMP), International Cooperation scheme, Tool Rooms, Technology Centre System Programme (TCSP), National SC/ST Hub (NSSH), MSME Champions, and PM Vishwakarma, among others.The Udyam Registration Portal, launched on 1 July 2020 with revised MSME classification criteria, has reported total employment of 287.3 million from 1 July 2020 to 31 July 2025, including figures from the Udyam Assist Platform. Key measures taken by the Ministry of MSME include:Ease of Doing Business: Launch of Udyam Registration and Udyam Assist Platform to formalise informal micro enterprises for Priority Sector Lending benefits.Sector Inclusion: Retail and wholesale traders recognised as MSMEs from 2 July 2021.Credit Support: Revamped Credit Guarantee Scheme with Rs. 9 billion fund infusion to enable additional credit of Rs. 2 trillion for MSEs and expand employment opportunities.Skill and Artisan Support: Launch of PM Vishwakarma Scheme on 17 September 2023 to provide comprehensive benefits to traditional artisans and craftspeople in 18 trades.Equity Infusion: Creation of the Self Reliant India (SRI) Fund with Rs. 500 billion for equity investment in MSMEs with high growth potential.Collateral-Free Loans: Loans up to Rs. 100 million for MSEs with guarantee coverage up to 90 per cent via the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE).Receivables Financing: Operation of the Trade Receivables Discounting System (TReDS) to facilitate electronic financing of MSME receivables and reduce payment delays.PMEGP Expansion: Enhancement of maximum project cost under PMEGP from Rs. 2.5 million to Rs. 5 million for manufacturing, and from Rs. 1 million to Rs. 2 million for services.These measures, as highlighted by Minister of State for MSMEs Sushri Shobha Karandlaje in the Rajya Sabha, are aimed at driving growth, improving access to finance, enhancing skills, and strengthening the formalisation of the sector.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Building Material

11 Dec 2025

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Building Material

11 Dec 2025

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..