Tag: MSME Ministry

PhonePe partners with SIDBI, MSME Ministry to increase small business formalisation and provide credit

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PhonePe partners with SIDBI, MSME Ministry to increase small business formalisation and provide credit

Founder and CEO of PhonePe Sameer Nigam speaks during the launch of the Udyam Assist Portal program, in New Delhi on September 10, 2025 | Photo Credit: ANI PhonePe will work with the Ministry of Micro, Small and Medium Enterprises (MSMEs), and the Small Industries Development Bank of India, to register more small merchants with…

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Budget 2023 | Revamped credit guarantee scheme for MSMEs to be implemented from April 1

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Budget 2023 | Revamped credit guarantee scheme for MSMEs to be implemented from April 1

The revamped credit guarantee scheme for Micro, Small and Medium Enterprises (MSMEs) will take effect from April 1, through infusion of ₹9,000 crore in the corpus, said Union Finance Minister Nirmala Sitharaman while presenting the Union Budget 2023. “This will enable additional collateral-free guaranteed credit of ₹2 lakh crore. Further, the cost of the credit…

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