The Supreme Court ruled that the Procurement Order 2012 has the force of law, mandating government procurement from micro and small enterprises. The court directed authorities to review and issue guidelines on “minimum turnover clauses” within 60 days.
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The road to sustainability requires a shift in mindset. While financial considerations remain paramount, MSMEs must recognize that sustainable practices drive business growth, enhance brand reputation, and ensure regulatory compliance.
The RBI’s draft guidelines propose removing prepayment penalties on floating-rate loans for retail and MSME borrowers, offering more flexibility to switch lenders or prepay without penalties, currently at 4-5% for personal loans.
In the UP State Focus Paper prepared by Nabard, the state is projected to have a consolidated credit potential of ₹7.69 trillion in FY26 across priority sectors
The government has launched the Mutual Credit Guarantee Scheme, offering collateral-free loans up to Rs 100 crore for MSMEs to buy machinery, with 60% guarantee coverage by NCGTC. FM Nirmala Sitharaman also announced SWAMIH Fund 2 to support 1 lakh more housing units and reiterated the government’s focus on MSME growth, capital investment, and raising FDI in insurance to 100%.
The government plans fiscal incentives and a ₹15,000 crore green scheme to help MSMEs decarbonize through emission targets, green fuels, energy efficiency, and technological adoption, aligning with India’s 2070 net-zero goal.
This pan-India survey with a sample size of about 1200 MSMEs also reported an improvement in business performance during the quarter ending in December.
An increase in investment and turnover limits for MSMEs strengthens the sector, enabling smaller enterprises to contribute significantly to economic growth and global competitivenes
Policy incentives aimed at encouraging recycling, and the use of sustainable raw materials would further strengthen the Paper Industry’s commitment to a circular economy.
Bamboo’s potential for sustainable development was showcased in an international conference on “Just Transition to Net Zero – Role of Bamboo in the SAARC Region” held here.The conference underscored the urgency of cross-sectoral partnerships to unlock the full potential of bamboo for sustainable development in the South Asian Association for Regional Cooperation (SAARC) region.
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The Foundation for MSME Clusters (FMC) specializes in promotion of MSMEs through cluster..
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