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Reviving MSMEs hit by pandemic - Sentinelassam

Reviving MSMEs hit by pandemic - Sentinelassam
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MSME registration now allowed for wholesalers, retailers: RBI to banks

MSME registration now allowed for wholesalers, retailers: RBI to banks
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Last Updated: Jul 08, 2021, 10:23 AM IST
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The Ministry of Micro, Small and Medium Enterprises through an office memorandum had said that retail and wholesale trade would be classified as MSMEs for the limited purpose of priority sector lending and they would be allowed to be registered on Udyam Registration Portal.
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UAM is a one-page registration form which constitutes a self-declaration format under which the MSME will self-certify its existence, bank account details, promoter s Aadhaar details and other required information.
NEW DELHI: Days after the government announced that wholesale and retail trade would come under the ambit of micro, small and medium enterprises, the Reserve Bank of India (RBI) has written to banks that wholesale and retail traders are now allowed to be registered on the Udyam Registration Portal and get classified as an MSME. ....

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MSME registration now allowed for wholesalers, retailers: RBI to banks

MSME registration now allowed for wholesalers, retailers: RBI to banks
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Gadkari emphasises on all-round efforts for Aatmanirbhar Bharat initiatives

Minister for MSME and Road Transport and Highways Nitin Gadkari has emphasized that all-round efforts are required for the implementation of various initiatives undertaken as part of Aatmanirbhar Bharat.
Addressing a virtual conference on Indian MSMEs as Growth Engines to Economy on the occasion of International MSME Day, the minister mentioned that in the journey of making Aaatmanirbhar Bharat, it is imperative that special focus is laid towards Agriculture, Food Processing Industry, Leather and Tribal Industries. Further, he also urged to make use of technology and mentioned that research, innovation and quality improvement can play a major role in industrial development. ....

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Gadkari emphasises on all-round efforts for implementation of Aatmanirbhar Bharat initiatives

Gadkari emphasises on all-round efforts for implementation of Aatmanirbhar Bharat initiatives
ANI |
Updated: Jun 29, 2021 06:13 IST
New Delhi [India], June 29 (ANI): Minister for MSME and Road Transport and Highways Nitin Gadkari has emphasized that all-round efforts are required for the implementation of various initiatives undertaken as part of Aatmanirbhar Bharat.
Addressing a virtual conference on Indian MSMEs as Growth Engines to Economy on the occasion of International MSME Day, the minister mentioned that in the journey of making Aaatmanirbhar Bharat, it is imperative that special focus is laid towards Agriculture, Food Processing Industry, Leather and Tribal Industries. Further, he also urged to make use of technology and mentioned that research, innovation and quality improvement can play a major role in industrial development. ....

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