Recent Current Affairs related to MSME

The Ministry of Micro, Small and Medium Enterprises (MSME) has mandated that all Central Public Sector Enterprises (CPSEs) must route the settlement of invoices related to procurement from MSMEs through the Trade Receivables Discounting System (TReDS).

The TReDS mechanism has been progressively expanded, starting with mandatory onboarding for CPSEs and companies with a turnover above ₹500 crore in 2018. The threshold was lowered to ₹250 crore in 2024, and mandatory TReDS settlement will be implemented from June 30, 2026.

According to the Ministry of MSME, invoice financing through the TReDS platform has grown from ₹40,000 crore in FY22 to ₹3.47 trillion in FY26. It is to be noted that the TReDS is an electronic platform regulated by the RBI that facilitates the financing and discounting of trade receivables of MSMEs by multiple financiers.

The Quality Council of India (QCI) has signed an MoU with the National Small Industries Corporation Ltd (NSIC) to establish a collaborative ecosystem to strengthen the quality, competitiveness, and market access of Micro, Small and Medium Enterprises (MSMEs) in India.

The Ministry of Corporate Affairs has signed an MoU with the IIT Madras, IIT Pravartak, SWAYAM Plus, the Institute of Chartered Accountants of India (ICAI), the Institute of Company Secretaries of India (ICSI), and the Institute of Cost Accountants of India (ICMAI) to launch the Corporate Mitra Scheme.

The primary objective of the scheme is to create a pool of trained Corporate Mitras to provide support to Micro, Small and Medium Enterprises (MSMEs).

The World Bank has approved $1.5 billion (₹14,300 crore) in financing to support India's structural reforms aimed at accelerating private sector-led job creation.

This funding is provided under the 'Boosting Job Creation in the Private Sector Development Policy Financing (DPF) Operation'. The initiative aims to generate quality employment opportunities for the 11 million young individuals who enter the Indian workforce annually.

The Ministry of Micro, Small and Medium Enterprises (MSME) has hosted the First BRICS MSME Forum and the Third SME Working Group Meeting in Agra, Uttar Pradesh. The event was held under the theme 'Building for Resilience, Innovation, Cooperation and Sustainability'.

The Third SME Working Group Meeting deliberated on the theme 'Building MSME Ecosystem - Sustainable Roots to Global Routes'.

The RBI has relaxed capital requirements for bank loans backed by the Emergency Credit Line Guarantee Scheme (ECLGS 5.0), effective immediately.

Under the revised norms, 75% of the guaranteed portion of the loan attracts a zero-risk weight, while the remaining 25% of the exposure attracts a 20% risk weight. To qualify for the 0% risk weight, banks must settle claims within 30 days from the date of invocation.

The Government e-Marketplace (GeM) has partnered with the Common Service Centre e-Governance Services India Ltd (CSC-SPV) to expand access to government procurement in rural and underserved regions.

Under this partnership, 50 GeM Suvidha Kendras (GSKs) will be established on a pilot basis through the CSC network. These GSKs will be operational in states including Delhi-NCR, Maharashtra, Uttar Pradesh, Gujarat, Tamil Nadu, Kerala, Karnataka, Telangana, and West Bengal.

According to the Ministry of Defence, India’s annual defence production has reached an all-time high of ₹1.78 lakh crore in the FY26. This marks a 15.6% annual growth from the ₹1.54 lakh crore recorded in FY25.

Union Minister Rajiv Ranjan Singh and Bihar CM Samrat Choudhary have launched an Integrated Aqua Park at the Vanasaur Fish Seed Farm in Bhojpur, developed with an investment of ₹31.21 crore under the PM Matsya Sampada Yojana (PMMSY).

They also inaugurated the Regional Centre of the National Fisheries Development Board (NFDB) in Patna, which will serve as a knowledge and institutional hub for Bihar and the Eastern India region.

Union Minister Jitan Ram Manjhi and CM Samrat Choudhary laid the foundation stone for a Technology Centre in Khizarsarai, Gaya. The facility is being developed with a budget of ₹170 crore.

The Quality Council of India (QCI) has signed an MoU with the Footwear Design and Development Institute (FDDI) to strengthen the quality, testing, accreditation, and skilling ecosystem in the Indian leather and footwear sector.

The collaboration aims to establish a framework for capacity building, certification, and development of testing infrastructure across key footwear clusters, including Agra, Bahadurgarh, Ranipet, Chennai, Calicut, and Kanpur.

Union Minister Nirmala Sitharaman has launched a series of Small Industries Development Bank of India (SIDBI)-backed strategic web portals and initiatives during its 37th foundation day celebrations in Mumbai.

The initiatives include the “SIDBI-RRB Co-Lending Platform” to facilitate collaborations between SIDBI and Regional Rural Banks (RRBs) to enhance credit flow to Micro, Small and Medium Enterprises (MSMEs) in semi-urban and rural areas.

The “Modernization of Rural Enterprises” (MoRE) Programme was also launched to support 10,000 rural micro and artisan units through cluster-based interventions over the next 3 years. Additionally, the “Micro Credit Card Scheme” for MSMEs allows Udyam-registered micro enterprises to access credit of up to ₹5 lakh with a 75% guarantee coverage and without the requirement of mandatory primary security.

The Union Cabinet has approved the Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 with an outlay of ₹18,100 crore to assist Micro, Small and Medium Enterprises (MSMEs) in mitigating short-term liquidity stress arising from the crisis in West Asia. The scheme provides 100% credit guarantee coverage for MSMEs and 90% for non-MSMEs and the airline sector. Eligible borrowers include MSMEs and non-MSMEs with existing working capital limits and scheduled passenger airlines with outstanding credit facilities as of March 2026, provided their accounts are classified as standard.

The Ministry of Micro, Small, and Medium Enterprises (MoMSME) has signed an MoU with NICDC Logistics Data Services Ltd (NLDSL) to enhance logistics efficiency and facilitate data-driven policymaking for the MSME sector. NLDSL is the digital and data division of the National Industrial Corridor Development Corporation (NICDC).

Punjab National Bank (PNB) has signed an MoU with the Government e-Marketplace (GeM) to enhance credit availability for sellers registered on the platform.