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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..