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Ministry of Micro, Small and Medium Enterprises

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Last Updated: Just Now
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National Governance & Policy Just now (02:50 PM IST)

MSME Ministry, MoSPI Sign Pact to Sharpen Indiaโ€™s Business Statistics

The Ministry of Micro, Small and Medium Enterprises and the Ministry of Statistics and Programme Implementation have signed an MoU to strengthen Indiaโ€™s Statistical Business Register by enabling structured sharing of relevant data from the Udyam Registration ecosystem. The agreement is designed to improve the quality, coverage and timeliness of official business statistics, with particular significance for the MSME sector, which forms the backbone of Indiaโ€™s industrial base and employment landscape.

By RDU Global Wire5 min read
National Governance & Policy4h ago

Press Club Condemns Detention of Journalists Covering Jantar Mantar Protest, Calls It Grave Threat to Press Freedom

The Press Club of India has condemned the detention of two journalists, Frontline's Vedaant Lakhera and The Wire's Mohammad Irfan, while they were covering a protest at Jantar Mantar against Chief Election Commissioner Gyanesh Kumar. The club said both reporters were wearing press IDs and described the police action as deeply troubling, while also criticising a separate West Bengal Police FIR against Maktoob Media as an attack on independent journalism.

5 min readRead โ†’
India & World Affairs11h ago

India Moves to Shield Tax Powers as New Investment Treaty Talks Advance

India is preparing to keep taxation outside the scope of its bilateral investment treaty framework, underscoring New Delhi's determination to preserve sovereign control over tax policy even as it seeks to attract foreign capital. A finance ministry note has been circulated for Cabinet consideration while treaty negotiations with four to five countries are under way, an official said.

5 min readRead โ†’
National Governance & Policy11h ago

India, EDF Explore French EPR Nuclear Technology and Pumped Hydro Cooperation

India's power secretary Pankaj Agarwal met EDF chairman and CEO Bernard Fontana to discuss the possible deployment of the French utility's EPR nuclear reactor technology in India, the power ministry said on Friday. The talks also covered the evolving regulatory framework for the nuclear sector and potential cooperation on pumped hydro storage projects, underscoring a broader push to deepen Indo-French energy ties.

5 min readRead โ†’
Macro Economy & Fiscal Policy27m ago

India trims FY27 market borrowing to Rs 15.99 lakh crore, signals longer debt profile to ease rollover risk

The Centre has lowered its gross market borrowing for FY27 to Rs 15.99 lakh crore, while keeping net borrowing at budgeted levels and leaning more heavily on longer-dated securities to manage debt costs and rollover risk. The finance ministry's second-half borrowing calendar also includes Rs 15,000 crore of sovereign green bonds, underscoring the government's effort to preserve fiscal credibility even as bond yields climb.

4 min readRead โ†’
Banking, Fintech & Insurance1h ago

RBI Sets H2 FY27 WMA Limit at Rs 50,000 Crore to Back Government Cash Flow

The Reserve Bank of India has fixed the Ways and Means Advances limit for the second half of 2026-27 at Rs 50,000 crore, giving the central government a short-term financing backstop to manage temporary mismatches between receipts and payments. The RBI said it may trigger fresh market borrowing if the government uses 75 per cent of the limit, while retaining the flexibility to revise the ceiling if circumstances change.

4 min readRead โ†’
National Governance & Policy1h ago

India's Infra Pipeline Sees Rs 2.88 Lakh Crore Cost Overrun in August, MoSPI Data Shows

Infrastructure projects worth more than Rs 150 crore each reported a cumulative cost overrun of Rs 2,88,122 crore in August 2026, according to the Ministry of Statistics and Programme Implementation. The latest monthly review shows that while delays and inflationary pressures continue to weigh on large projects, implementation is still advancing, with nearly half of the revised project cost already spent.

5 min readRead โ†’
Startups & Venture Capital2h ago

IIT Madras, Unicorn India Ventures Close First Rs 450 Crore Deeptech Fund

IIT Madras, IIT Madras Research Park and Unicorn India Ventures have announced the first close of their deeptech-focused IITM Unicorn Frontier Fund I at Rs 450 crore, setting up one of India's most targeted early-stage technology vehicles. The fund has already deployed nearly Rs 55 crore across four startups and aims to back 25 companies in sectors ranging from defence tech and spacetech to semiconductors, robotics and healthtech.

5 min readRead โ†’
Startups & Venture Capital3h ago

GalaxEye Secures Rs 63.84 Crore RDI Backing to Advance Indigenous Multisensor Satellite Tech

Bengaluru-based spacetech startup GalaxEye has won Rs 63.84 crore in financial support under the Centre's Research, Development and Innovation Fund to build its next-generation multisensor satellite platform. The project, backed by the Technology Development Board, aims to push the company's indigenous OptoSAR technology from prototype stage to an operational system capable of sub-0.5-metre Earth observation imaging.

5 min readRead โ†’
Startups & Venture Capital3h ago

CodeKarma in Talks to Raise $5 Mn-$6 Mn From Prosus, Accel as AI Dev Tools Heat Up

Enterprise tech startup CodeKarma is in discussions to raise between $5 million and $6 million in a fresh funding round led by existing backers Prosus and Accel, according to sources. The proposed financing comes just over a year after the Bengaluru-based startup's $2.5 million pre-seed round and amid rising investor appetite for software-development tools built for the AI era.

5 min readRead โ†’
India Entertainment & Culture4h ago

Tender247 Taps Anupam Kher to Open India's Vast, Fragmented Tender Market to More Businesses

Tender247 has brought actor Anupam Kher on board as it seeks to make India's sprawling public procurement ecosystem easier for businesses to discover and pursue. The move comes as the country's tender market, estimated at roughly Rs 70 lakh crore, remains spread across dozens of portals, creating a major access gap for companies that can compete but often never see the opportunity in time.

5 min readRead โ†’
Startups & Venture Capital5h ago

IITM Unicorn Frontier Fund I Secures Rs 450 Crore First Close, Targets Deep-Tech Breakout in India

The IITM Unicorn Frontier Fund I has reached a Rs 450 crore first close and has already deployed nearly Rs 55 crore into four deep-tech startups spanning space, quantum, batteries and carbon capture. Backed by IIT Madras, IIT Madras Research Park and Unicorn India Ventures, the fund is part of a larger Rs 1,000 crore vehicle designed to bridge the gap between laboratory innovation and commercial scale.

5 min readRead โ†’

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