What is MSME? Micro, Small and Medium Enterprises (MSME) are classified in two Classes: Manufacturing Enterprises: the enterprises engaged in the manufacture or production of goods pertaining to any industry specified in the first schedule to the industries (Development and regulation) Act, 1951) or employing plant and machinery in the process of value addition to …

MSME Read More »


  In an effort to support micro and small industries, the Union government is planning to setup the Micro Units Development and Refinance Agency (Mudra) Bank. Do you think there is necessity to set-up such bank? Substantiate. (200 Words) The recent budget announced for creation of MUDRA Bank with an aim to reach out to …

MUDRA Bank Read More »

Inspector Raj in MSMEs

Confederation of Indian Industries (CII) has released its white paper titled ‘Inspections and Regulatory Enforcements for Micro Small and Medium Enterprises (MSMEs) in India.’   What has the CII said? In its report, the CII notes that the factory inspection system in India needs a complete overhaul to bring India among the top 50 countries …

Inspector Raj in MSMEs Read More »