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Revised Criteria for Classifying MSMEs

Revised Criteria for Classifying MSMEs On 21st March 2025, the Ministry of Micro, Small and Medium Enterprises revised the classification criteria for MSMEs. The revised MSME classification criteria came into effect from 1st April 2025, increasing both investment and turnover thresholds across enterprise categories. Enterprise Category Earlier Investment Limit Revised Investment Limit Earlier Turnover Limit Revised Turnover Limit Micro Ent

Startup India 2.0: Revised Recognition Framework 2026

Startup India 2.0: Revised Recognition Framework 2026 The Government has overhauled the Startup India Action Plan, originally launched on 16 January 2016, to mark its second decade of implementation. Managed by the Department for Promotion of Industry and Internal Trade (DPIIT), the revised 2026 framework aims to promote high-tech innovation, rural entrepreneurship, and long-term “patient capital”. Aspect Details Revised Framework The

States’ Startup Ecosystem Ranking

States’ Startup Ecosystem Ranking On 16th January 2026, the Department for Promotion of Industry and Internal Trade (DPIIT) released the 5th Edition of States’ Startup Ecosystem Ranking. The ranking promotes competitive federalism by assessing States and Union Territories on startup policy, incubation, funding, market access and innovation support. Aspect Details Ranking Framework States and Union Territories were divided into two broa

Decarbonising MSMEs: Roadmap for Green Transition

Decarbonising MSMEs: Roadmap for Green Transition NITI Aayog unveiled the roadmap titled “Decarbonising MSMEs: Roadmap for Green Transition” on 21st January 2026. The 10-year action plan aims to guide nearly 69 million MSMEs toward India’s 2070 net-zero target through energy efficiency, green electricity and alternative fuels. Aspect Details Objective The roadmap seeks to support MSMEs in transitioning toward low-carbon growth an

TEAM Initiative

TEAM Initiative On 29th January 2025, the Ministry of Micro, Small & Medium Enterprises, in collaboration with the Open Network for Digital Commerce (ONDC), launched the MSME Trade Enablement and Marketing (TEAM) Initiative. The initiative aims to strengthen the digital commerce participation of MSMEs by improving onboarding, market access, payments, logistics and capacity-building support. Aspect Details Initiative TEAM stands for MSME Trade

Mutual Credit Guarantee Scheme for MSMEs

Mutual Credit Guarantee Scheme for MSMEs On 29th January 2025, the Central Government approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSMEs). The scheme aims to strengthen MSME access to institutional credit by providing 60% guarantee coverage for loans sanctioned towards purchase of equipment and machinery. Aspect Details Objective The scheme aims to improve credit availability for MSMEs by reducing lending risk for financial institut

ADEETIE Scheme

ADEETIE Scheme On 15th July 2025, the Union Ministry of Power launched the ADEETIE Scheme at a national rollout event in Panipat, Haryana. The scheme targets energy efficiency improvements in India’s industrial sector, particularly MSME-dominated industrial clusters, and is being implemented by the Bureau of Energy Efficiency (BEE). Aspect Details Full Form ADEETIE stands for Assistance in Deploying Energy Efficient Technologies in Industrie

WEF Expands IR 4.0 Ecosystem

WEF Expands IR 4.0 Ecosystem On 22nd January 2026, the World Economic Forum (WEF) announced the establishment of five new Centres for the Fourth Industrial Revolution (C4IR), including one in Andhra Pradesh, India. The expansion strengthens the global IR 4.0 ecosystem focused on emerging technologies, energy transition, cyber resilience and innovation governance. Aspect Details New Centres The WEF announced five new C4IR centres in France, the Uni

India Enhances Domestic Rare Earth Ecosystem

India Enhances Domestic Rare Earth Ecosystem The Union Budget 2026-27 has emphasised India’s self-reliance in critical materials by supporting domestic rare earth value chains. The new corridor-based approach complements the approved Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets and aims to build integrated industrial ecosystems. Aspect Details Rare Earth Corridors Rare Earth Corridors are integrated, state-anchore

Limestone Classified as a Major Mineral

Limestone Classified as a Major Mineral On 14th October 2025, the Ministry of Mines issued a notification classifying Limestone completely as a major mineral. Earlier, limestone was classified as both a major and minor mineral depending on its end use. The revised classification brings it fully under the major mineral category. Aspect Details Notification The Ministry of Mines notified that limestone will now be classified entirely as a major mine

Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets

Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets On 26th November 2025, the Union Cabinet approved the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets. The scheme aims to build domestic capacity for integrated production of rare earth permanent magnets, from oxides to finished magnets, and reduce import dependence in strategic sectors. Aspect Details Scheme Aim The scheme aims to establish 6,000 MTP

State Mining Readiness Index

State Mining Readiness Index On 16th October 2025, the Ministry of Mines released the State Mining Readiness Index (SMRI) and State rankings. The index is a major step to encourage mining sector reforms in States and strengthen competitive federalism in mineral governance. Aspect Details What is SMRI? SMRI is a framework to assess and rank Indian States based on their reform-readiness, operational efficiency and sustainability practices in the non

National Industrial Classification (NIC) 2025

National Industrial Classification (NIC) 2025 On 18th November 2025, the Ministry of Statistics and Programme Implementation (MoSPI) released the National Industrial Classification (NIC) 2025. NIC 2025 updates the 2008 framework and aligns India’s industrial classification system with the United Nations’ International Standard Industrial Classification (ISIC) Revision 5. Aspect Details Objective NIC 2025 standardises economic activity

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