MSME Champions Scheme

The Ministry of Micro, Small and Medium Enterprises (MSME) has taken several initiatives to promote innovation and entrepreneurship in MSMEs. These inter-alia include MSME Innovative Scheme, Entrepreneurship and Skill Development Programme (ESDP) and Prime Minister`s Employment Generation Programme (PMEGP) to generate more employment through self employment or entrepreneurship of MSMEs in the country.

Government introduces a new category of Ayush visa for foreign nationals seeking treatment under Indian systems of medicine

Introduction of Ayush Visa category is part of India’s roadmap for the Heal in India initiative of the government, which is intended at promoting India as a medical value travel destination. Ministry of Ayush and the ministry of Health & Family Welfare are working together to develop a one stop Heal in India portal to promote India as a Medical tourism destination of the world.

Multi-State Co-operative Societies (Amendment) Act, 2023

Any co-operative society may, by a resolution passed by majority of not less than two-thirds of the members present and voting at a general meeting of such society, decide to merge into an existing multi-State co-operative society.

Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects

The key objective behind these guidelines is to reduce the overall power purchase costs for distribution licensees, which constitute the largest cost element. By introducing competitive bidding in the procurement process, the government aims to facilitate the development of power markets and subsequently lower electricity prices, leading to substantial benefits for consumers.

Clarification regarding Vivad se Vishwas I: Relief for MSMEs

The Government had provided certain benefits to the industry (including MSMEs) in Government contracts in the past. There could be some contracts, where original delivery period/ completion period may be prior to 19.02.2020 and delivery period was later extended without Liquidated Damages for any reason and the revised delivery period/ date of completion falls between 19.02.2020 and 31.03.2022 (both dates are inclusive). Such cases will also be eligible for reliefs under the scheme.