The MSME Act, 2006 is the primary legislation that governs the development and promotion of MSMEs in India.

The Make in India initiative aims to transform India into a global manufacturing hub by developing indigenous manufacturing capabilities and attracting foreign investment.

The Department of Industrial Policy and Promotion (DIPP) is the nodal agency responsible for implementing the Make in India initiative.

The government aims to increase the manufacturing sector's contribution to GDP from 16% to 25% by 2025 under the Make in India initiative.

The automobile sector has received the highest FDI inflows under the Make in India initiative, followed by electronics, food processing, and textiles.

The Atmanirbhar Bharat initiative aims to promote self-reliance in manufacturing and reduce dependence on imports.

The pharmaceuticals sector has been identified as a key focus area under the Atmanirbhar Bharat initiative, given its importance in ensuring the health and well-being of the population.

The government aims to reduce import dependence in the pharmaceuticals sector by 50% by 2025 under the Atmanirbhar Bharat initiative.

The Emergency Credit Line Guarantee Scheme (ECLGS) has been launched by the government to provide financial assistance to MSMEs affected by the COVID-19 pandemic.

The maximum loan amount available under the ECLGS is Rs. 3 crore for MSMEs with an outstanding loan of up to Rs. 25 crore.

The Reserve Bank of India (RBI) is responsible for implementing the ECLGS.

The interest rate charged on loans under the ECLGS is 7% per annum.

The tenure of loans under the ECLGS is 4 years, including a moratorium period of 12 months.

The Department of Industrial Policy and Promotion (DIPP) is responsible for implementing the Startup India initiative.

The Startup India initiative aims to promote entrepreneurship and innovation in the country.