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The statistics provided by the annual reports of Ministry of Small and Medium Enterprises (MSME) shows a rise in the plan amount spent on the khadi sector from ₹1942.7 million to ₹14540 million, and non-plan amounts from ₹437 million to ₹2291 million, in the period from 1994–95 to 2014–15. The interest subsidies to khadi ...
In April 2023, in collaboration with Niger State, SMEDAN organized a cluster empowerment programme in Minna for businesses involved in the production and marketing of shea butter. [ citation needed ] The organization has partnered with Bloc, a company that provides tools and software for financial services management targeted at the small and ...
The Build Better More (BBM) is the infrastructure program of the Marcos administration (2022–2028). It superseded the Build! Build! Build! infrastructure program of the Duterte administration (2016–2022). The following Infrastructure Flagship Projects (IFP)s were identified by the National Economic and Development Authority (NEDA).
AmBisyon Natin 2040 (literally "Our Ambition 2040") is the twenty-five-year long term vision developed by the Philippine government as a guide for development planning. [1] [2] It is designed to overcome the challenges brought by the Philippines' current political system, which is bound to the limits of the country's six-year presidential terms. [3]
The Micro, Small and Medium Enterprises Development Act, 2006 is an Act of the Parliament of India. According to the act, "any buyer who fails to make payment to MSMEs, as per agreed terms or a maximum of 45 days, would be liable to pay monthly compounded interest at three times the bank rate notified by RBI". Industries are divided into 2 ...
The net share of banks reporting stronger demand for commercial and industrial loans from large and medium-sized businesses rose to 9.4% in the fourth quarter of 2024, and from small firms to 3.4%.
The state has the third highest number of MSMEs in India. As of 2016, there are 49.48 lakh MSMEs in the state, 7.8% of the country's total. [2] More than 51% of these industries are located in rural areas. [2]
Small Industries Development Bank of India (SIDBI) is the apex regulatory body for overall licensing and regulation of micro, small and medium enterprise finance companies in India. It is under the jurisdiction of Ministry of Finance , Government of India headquartered at Lucknow and having its offices all over the country.