MSME Sector

Govt's stimulus package for economic revival 'inadequate': Parliamentary panel

Govt's stimulus package for economic revival 'inadequate': Parliamentary panel

The stimulus package announced by the government for the revival of the pandemic-hit economy has been found to be "inadequate", according...Read More

Bank of Baroda, U GRO Capital launch co-lending platform 'Pratham'; to disburse Rs 1,000 cr loans to MSME sector

Bank of Baroda, U GRO Capital launch co-lending platform 'Pratham'; to disburse Rs 1,000 cr loans to MSME sector

Bank of Baroda and fintech platform U GRO Capital have launched a co-lending platform Pratham, under which Rs 1,000 crore loan will be di...Read More

E-commerce needs less barriers; priority should be given to digital readiness, say MSMEs

E-commerce needs less barriers; priority should be given to digital readiness, say MSMEs

The recently issued amendments to draft e-commerce rules will restrict and limit the optimum potential of small businesses aiming to leve...Read More

Surge in registration coupled with digital innovation indicates resilience of Indian MSMEs

Surge in registration coupled with digital innovation indicates resilience of Indian MSMEs

On the eve of International MSME Day, the global not-for-profit Wadhwani Foundation has called for empowering MSMEs with capabilities to ...Read More

World Bank approves $500 mn program; to boost India's MSME sector impacted by COVID

World Bank approves $500 mn program; to boost India's MSME sector impacted by COVID

The World Bank's Board of Executive Directors has approved a $500 million program to support India's nationwide initiative to revitalise ...Read More

Budget 2021: Nirmala Sitharaman allocates Rs 15,700 cr for MSME sector

Budget 2021: Nirmala Sitharaman allocates Rs 15,700 cr for MSME sector

Union Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises...Read More

Government unlikely to extend credit guarantee scheme for MSME sector beyond Oct

Government unlikely to extend credit guarantee scheme for MSME sector beyond Oct

The government is unlikely to extend the Rs 3 lakh crore-Emergency Credit Line Guarantee Scheme (ECLGS) for MSME sector beyond October ev...Read More

China is in a hurry to divert anti-establishment mood

China is in a hurry to divert anti-establishment mood

Xi Jinping is indeed in a hurry. Internal dissent is fast building up as the economy shows up the devastating effect of faulty policies.

BSE, FICCI join hands to foster MSME sector

BSE, FICCI join hands to foster MSME sector

New Delhi: To enhance MSME and startup environment, leading stock exchange BSE in association with Ficci on Monday organised a brainstorm...Read More

MSME loan: Features, Benefits and Eligibility Criteria

MSME loan: Features, Benefits and Eligibility Criteria

According to recent reports, the MSME sector is likely to contribute up to 25% to India’s GDP by the end of 2022. The MSME sector has alr...Read More

Indore: ‘Centre to share tech know-how, boost self-employment’

Indore: ‘Centre to share tech know-how, boost self-employment’

Indore: The Centre is working to pass on the technology to states in the MSME sector. As a result, production of yarn at certain places i...Read More

U K Sinha-led panel to chalk out steps to prop up Micro, Small and Medium Enterprises

U K Sinha-led panel to chalk out steps to prop up Micro, Small and Medium Enterprises

Mumbai: The Reserve Bank of India (RBI) on Wednesday set up an expert committee under former Sebi chairman U K Sinha to suggest long-term...Read More

RBI allows one-time recast of MSME loan up to Rs 25 crore

RBI allows one-time recast of MSME loan up to Rs 25 crore

Mumbai: In a new year gift to the MSME sector, the Reserve Bank of India on Tuesday allowed a one-time restructuring of existing debt up ...Read More

GST ‘work in progress’, hope rates will be rationalised further: Pranab Mukherjee

GST ‘work in progress’, hope rates will be rationalised further: Pranab Mukherjee

New Delhi: Terming the GST as ‘work in progress’, former President Pranab Mukherjee on Friday expressed hope that rates under the indirec...Read More

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Indore: Discontent brewing in MSME sector over maintenance charges

Indore: The move of District Industries Centre (DIC) to recover maintenance charge from back date has anguished owners of Micro, Small an...Read More

Indore: 200 industrialists take to streets to protest hike in charges

Indore: 200 industrialists take to streets to protest hike in charges

Indore: Over 200 industrialists of MSME sector took to streets in the city on Thursday to oppose increase in maintenance charges. They wa...Read More

Government expects to finalise roadmap for MSME bad loans by March

Government expects to finalise roadmap for MSME bad loans by March

New Delhi: The government expects to finalise a road map for resolving the bad loans issue in the MSME sector by March, Union Minister Gi...Read More

Sitharaman pushes for ‘Make in India’ in defence sector

Sitharaman pushes for ‘Make in India’ in defence sector

New Delhi : Defence Minister Nirmala Sitharaman on Saturday interacted with industry representatives from Indian as well as foreign compa...Read More

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MSME proposals should be viable enough to attract bank funding

Kolkata: Country’s MSME sector requires more financial support from the banks to set up businesses, but the business proposals will have ...Read More

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