Micro, Small and Medium Enterprises (MSMEs) have become instrumental in shaping India’s generating employment, creating revenue, and in global outreach. In 2024, MSMEs contributed nearly 30% to the GDP. The aim is to raise this to 35% in the current year. This vast sector also provides opportunities for many women-led enterprises. The government has implemented […]
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I The International Finance Corporation (IFC) has announced to invest ₹600 crore in a new last mile mobility (LMM) company ¬ a wholly owned subsidiary of Mahindra & Mahindra that will be newly incorporated (NewCo). A gamechanger for microentrepreneurs in India, the funding is aimed at transforming the lives of micro entrepreneurs, operating electric three […]
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CBI brings Delhi Deputy CM Manish Sisodia to Rouse Avenue Court in New Delhi on February 27, 2023. | Photo Credit: ANI Delhi excise scam case | Manish Sisodia sent to CBI custody till March 4 A Delhi court on February 27 sent Delhi Deputy CM Manish Sisodia to five-day CBI custody till March 4. […]
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Finance Minister Nirmala Sitharaman has told the World Bank’s private sector investment arm, the International Finance Corporation (IFC), to increase its lending to India to more than $2 billion in the next two years and to $3-3.5 billion over the next three-four years. IFC managing director Makhtar Diop, who met the Minister in the capital […]
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