In India, Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the country’s economic growth, generating employment and contributing significantly to the GDP. However, accessing credit has often been a significant challenge for such enterprises, especially for startups and small-scale businesses. This is where responsible lending plays a transformative role. At LendingKart, responsible lending […]
Overview of KVIC KVIC is a statutory body formed by the Government of India under the KVIC Act of 1956 that aims to nurse employment and economic uplift in rural India. The term Khadi goes back to the Swadeshi Movement launched by Mahatma Gandhi in 1920 by propagating the use of hand-woven and home-spun
The Ministry of Micro, Small, and Medium Enterprises has launched an initiative that’s set to transform how MSME offices operate across India. Running from 2nd October to 31st October 2025, Special Campaign 5.0 focuses on institutionalising cleanliness, reducing administrative pendency, and improving service delivery for millions of MSME entrepreneurs. Understanding what Special Campaign 5.0
Overview: CGTMSE is an initiative of the Government of India in collaboration with the Ministry of Micro, Small and Medium Enterprises (MSME) and the Small Industries Development Bank of India (SIDBI) launched on 30th August 2000. The CGTMSE full form is Credit Guarantee Fund Trust for Micro and Small Enterprises, and as is evident
NSDC: The Promise of a Skilled India As India advances with rapid strides to a shining future, its principal investment must be made in its demographic dividend. The fact that the youth constitute the lion’s share of India’s population is of capital importance. Thus, every initiative aimed at the holistic development of the youth
NSIC (National Small Industries Corporation), established in the year 1955, aims to support, promote, develop, and foster the ministry of MSME – Micro, Small, and Medium Enterprises of India. NISC is an ISO 9001-2015 certifies organization under the Government of India Enterprise. NSIC has training plus incubation centers, a network of offices, and technical
India has taken a firm step towards dominance in the global textile market with the introduction of the Production Linked Incentive Scheme. The main thrust of this scheme is to achieve the apex leverage in attaining the scale of economies. The production-linked methodology will help catapult Indian corporate companies to emerge as the top
