MSME membership on GeM portal tops 1.12 million

The Government e-Marketplace (GeM) portal has boosted MSME participation in government procurement, with memberships surpassing 1.12 million. These members have secured orders worth ₹7.44 lakh crore. This milestone strengthens MSMEs' role in public procurement processes.

The Government e-Marketplace (GeM) portal, a digital platform for public procurement, has elevated the MSME sector to new heights. Latest figures show that MSME memberships on the portal have exceeded 1.12 million. These members have collectively secured orders amounting to ₹7.44 lakh crore, highlighting their growing involvement in government buying.

This progress has particularly benefited women entrepreneurs and small businesses, as GeM enhances transparency and accessibility. The portal's forward auction module has streamlined competitive bidding processes. India's government initiative plays a key role in integrating MSMEs into the mainstream economy, fostering job creation and economic growth.

Experts note that further awareness and training are needed to enable rural MSMEs to participate fully. This achievement marks a success for digital government efforts in 2025.

Makala yanayohusiana

Illustration of workers in a kitchen preparing nutritious meals under the MBG program, highlighting employment scale.
Picha iliyoundwa na AI

MBG program absorbs 1.28 million workers as of May 2026

Imeripotiwa na AI Picha iliyoundwa na AI

The National Nutrition Agency reported the Free Nutritious Meals program has absorbed 1.28 million workers and involved 142,387 suppliers as of 22 May 2026.

The Ministry of Micro, Small and Medium Enterprises is preparing free halal certification for around 500,000 MSME operators to meet the October 2026 obligation.

Imeripotiwa na AI

On National Entrepreneurship Day, Valor Pyme released data underscoring SMEs' role in Chile's economy. There are 759,320 active SMEs, which alongside micro-entrepreneurs make up 98.3% of the business fabric, though their sales represent only 11.7% of the national total.

Finance Minister Purbaya Yudhi Sadewa and Deputy Minister of UMKM Helvi Moraza affirmed the government's commitment to strengthening micro, small and medium enterprises.

Imeripotiwa na AI

Bassel Rahmy, CEO of MSMEDA, and Ahmed Khorshid, CEO of Tamweely Financial Services, signed two agreements providing EGP 350m for microfinance programmes. The deals are expected to support around 3,000 projects.

The Rajasthan Cabinet approved a new industrial development policy on May 22, 2026, with emphasis on the talent economy and private sector involvement. The policy aims to build world-class infrastructure and boost the state economy to $350 billion by 2028-29.

Imeripotiwa na AI

Egypt's Ministry of Supply and Internal Trade has signed a memorandum of understanding with the Micro, Small and Medium Enterprises Development Agency to convert state-subsidised outlets into the ‘CARRY ON’ franchise chain. The deal includes financing for new youth-managed branches and aims to improve access to commodities.

Alhamisi, 9. Mwezi wa saba 2026, 09:54:17

EMS players shares rise after customs duty extension

Jumatano, 8. Mwezi wa saba 2026, 23:38:43

Banque Misr and MSMEDA sign EGP 500m microfinance deal

Jumamosi, 27. Mwezi wa sita 2026, 10:01:42

MSMEDA marks 35 years with EGP 79.6bn in financing

Jumatatu, 22. Mwezi wa sita 2026, 04:09:35

RBI Governor urges banks to partner with MSMEs

Jumamosi, 20. Mwezi wa sita 2026, 10:23:24

MSMEDA implements plan to develop heritage craft clusters

Jumamosi, 6. Mwezi wa sita 2026, 18:25:51

MSMEDA provides EGP 1.5bn for green economy projects since 2014

Alhamisi, 4. Mwezi wa sita 2026, 18:27:04

Experts call for stronger support for Nigerian MSMEs at book launch

Jumapili, 17. Mwezi wa tano 2026, 09:43:59

Amit Shah launches Million Minds Tech Park, urges Gujarat to rank in top three service sector states

Jumanne, 5. Mwezi wa tano 2026, 20:58:26

Women's businesses secure 58% of government tenders

Jumamosi, 2. Mwezi wa tano 2026, 20:06:31

MSMEDA partners with universities to train new generation of entrepreneurs

 

 

 

Tovuti hii inatumia vidakuzi

Tunatumia vidakuzi kwa uchambuzi ili kuboresha tovuti yetu. Soma sera ya faragha yetu kwa maelezo zaidi.
Kataa