The government revised Schedule M under the Drugs & Cosmetic Act in 2023 to make it mandatory for companies to follow Good ...

This Act offers several measures to take action against buyers who fail to make payments within 45 days. According to Section 16 of the MSME Act, the Supplier is entitled to pay interest three ...

Small businesses are one of the most important aggregators of the economy the country's 58 million MSMEs contributing to ...

Factories & Boilers Act and Contract Labour Act, and related regulations to boost the morale of the MSME sector. A single platform to get information on various schemes that the government has ...

The government is drawing up schemes to provide credit on easy terms to MSME exporters, and offer assistance to deal with non ...

In a relief to the micro, small and medium business ecosystem in the country, the Centre began talks on reforms to reduce the compliance burden and provide regulatory relaxations for MSMEs in ...

Despite India celebrating its 76th Republic Day, the minister candidly acknowledged that income inequality continues to be a challenge, with the MSME sector holding the potential to act as a ...

Recognising MSMEs as the backbone of India's industrial growth, PM Modi noted that the government's decision to revise MSME ...

Prime Minister Narendra Modi on March 4 said micro, small and medium enterprises (MSMEs) are the "backbone" of India's growth ...

The MSME (micro, small, and medium enterprises) ministry on Tuesday said sustainability is not only about saving the planet ...

There are other policy measures. Under the MSME Development Act, 2006, if payment is not made within 45 days of receiving the goods or service from the supplier, the buyer must pay compound ...