One District, One Product: A Strategic Initiative Promoted by Piyush Goyal in Riyadh Introduction to the Initiative During his recent visit to Riyadh, Union Minister for Commerce and Industry Piyush Goyal emphasized the “One District, One Product” (ODOP) initiative, aimed at promoting local handicrafts and boosting the MSME (Micro, Small, and Medium Enterprises) sector in…
DRDO Awards Seven New Projects Under Technology Development Fund Scheme The Defence Research and Development Organisation (DRDO) has awarded seven new projects to various industries under the Technology Development Fund (TDF) scheme. This initiative aims to boost the indigenous development of defense technology in India, fostering innovation and reducing reliance on imports. Overview of the…
Union Cabinet Allocates Rs 2,500 Crore for Extended Interest Equalization Scheme The Union Cabinet’s recent decision to allocate Rs 2,500 crore for the Extended Interest Equalization Scheme aims to provide a substantial boost to the Indian export sector. This strategic move is envisioned to enhance India’s export competitiveness globally. With the ongoing efforts to bolster…
Mastercard and U GRO Capital Collaborate for MSME Financing In the realm of bolstering support for Micro, Small, and Medium Enterprises (MSMEs), the recent collaboration between Mastercard and U GRO Capital marks a significant stride in enhancing financial aid. The strategic partnership aims to fortify the financing options available to MSMEs, propelling their growth and…
SIDBI Launches EVOLVE Mission with NITI Aayog The Small Industries Development Bank of India (SIDBI) has joined hands with NITI Aayog to launch the EVOLVE (Entrepreneurship, Venture Opportunities, Learning, and Upliftment for Value Addition) Mission. This strategic collaboration aims to foster the growth and development of Micro, Small, and Medium Enterprises (MSMEs) across the country….
