MSME

MSME Sector's Economic Impact and Growth in India

Official Press

04 Jul 2025

Union MSME Minister Shri Jitan Ram Manjhi highlighted the significant contributions of the MSME sector to India's economy, accounting for 30.1% of GDP, 35.4% of manufacturing, and 45.73% of exports. With 6.5 crore MSME units registered on the Udyam Portal, the sector has created employment for 28 crore people. The Minister also discussed various initiatives, including the PM Vishwakarma scheme and the Prime Minister Employment Generation Programme (PMEGP), aimed at supporting micro-enterprises and enhancing credit access for entrepreneurs, particularly women and SC/ST individuals.

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Historic Low in Gross NPAs of Scheduled Commercial Banks as of September 2025

Gross Non-Performing Asset (NPA) ratio of Scheduled Commercial Banks in India has reached a historic low of 2.15% by September 2025, thanks to the Reserve Bank of India's Asset Quality Review, the government's 4Rs strategy, and other key reforms. This significant decline suggests improved asset

Ashwini Vaishnaw Launches Hospitality Services at Guwahati Station, Boosts Rail Connectivity

Union Minister Ashwini Vaishnaw boosts Northeast development by launching hospitality services at Guwahati Railway Station and flagging off a new train service between Sairang and Silchar, enhancing connectivity and convenience in the region. Source: Original Link

Indian Railways Greenlights Key Projects to Boost Infrastructure

Indian Railways has sanctioned significant rail infrastructure projects across India to curb congestion, amplify line capacity, enhance safety, and facilitate faster passenger and freight transport. These initiatives span Southern, Northern, and South Eastern Railways, with a focus on line doubling, bypass corridors, and advanced electronic interlocking systems. Source: Original Link

Indian Pharmacopoeia Commission Signs MoUs to Strengthen Drug Safety and Quality

The Indian Pharmacopoeia Commission (IPC), part of India's Ministry of Health and Family Welfare, signs three Memoranda of Understanding (MoUs) with the Goa State Pharmacy Council, Quality Council of India, and HLL Infra Tech Services Limited. These agreements aim to enhance drug safety, quality standards, and professional training,

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Historic Low in Gross NPAs of Scheduled Commercial Banks as of September 2025

Ashwini Vaishnaw Launches Hospitality Services at Guwahati Station, Boosts Rail Connectivity

Indian Railways Greenlights Key Projects to Boost Infrastructure

Indian Pharmacopoeia Commission Signs MoUs to Strengthen Drug Safety and Quality