MSMEs

Rajnath Singh approves nearly Rs 499 cr for innovations in defence sector

Rajnath Singh approves nearly Rs 499 cr for innovations in defence sector

The funds will be used to provide financial support to nearly 300 start-ups, micro, small and medium enterprises (MSMEs) and individual i...Read More

ECLGS extension: Relaxations announced under the scheme will serve the MSMEs well, says industry body

ECLGS extension: Relaxations announced under the scheme will serve the MSMEs well, says industry body

Keeping in mind the disruption caused by the second wave of COVID-19, the government has extended the scope of the Emergency Credit Line ...Read More

Instamojo acquihires Bengaluru-based entertainment startup, Showman

Instamojo acquihires Bengaluru-based entertainment startup, Showman

Instamojo, a full-stack solutions provider for MSMEs, has announced its first-ever acquihire of Bengaluru-based virtual theatre and verna...Read More

The Future of Banking webinar series: Embedded Finance for MSMEs with appropriate technology to be the right mix for future growth, says former RBI deputy Viral Acharya

The Future of Banking webinar series: Embedded Finance for MSMEs with appropriate technology to be the right mix for future growth, says former RBI deputy Viral Acharya

Viral Acharya, a C.V. Starr Professor of Economics in the Department of Finance at New York University Stern School of Business (NYU-Ster...Read More

'Just 10% of Rs 20 lakh cr package disbursed'

'Just 10% of Rs 20 lakh cr package disbursed'

In May, when the Centre announced a massive Rs 20 lakh-crore economic stimulus package, it was enthusiastically applauded by the Covid-ra...Read More

Things MSMEs should consider while increasing capex

Things MSMEs should consider while increasing capex

Indian economy is on the back foot as compared to its global peers. Indian economy entered the pandemic period with an injured foot. One ...Read More

Banks sanction Rs 1.77 lakh crore to MSMEs under ECLGS

Banks sanction Rs 1.77 lakh crore to MSMEs under ECLGS

Banks have so far sanctioned over Rs 1.77 lakh crore to MSMEs under the Emergency Credit Line Guarantee Scheme (ECLGS), it was announced ...Read More

MSMEs will take at least 7-8 months to recover from COVID-19 impact, says D&B

MSMEs will take at least 7-8 months to recover from COVID-19 impact, says D&B

The MSMEs will take at least 7-8 months to recover from the impact of COVID-19 pandemic, and the recovery rate of an enterprise will depe...Read More

India to ban Chinese companies from highway projects, says Nitin Gadkari

India to ban Chinese companies from highway projects, says Nitin Gadkari

New Delhi: India will not allow Chinese companies to participate in highway projects, including those through joint ventures, Union Minis...Read More

Airtel offers ‘Work from Home’ solutions for enterprises

Airtel offers ‘Work from Home’ solutions for enterprises

The B2B arm of Bharti Airtel, Airtel Business, has launched Work@Home solutions for enterprises that are encouraging their employees to w...Read More

Rs 3 lakh crore strong booster, directly going to impact nearly 45 lakh MSMEs: Ravi Shankar Prasad

Rs 3 lakh crore strong booster, directly going to impact nearly 45 lakh MSMEs: Ravi Shankar Prasad

Speaking to ANI, Prasad said, "Finance Minister Nirmala Sitharaman has outlined the first series of follow-up action as the Prime Ministe...Read More

Coronavirus in Madhya Pradesh: 50% MSMEs will shut down if not reopened soon, say Industrialists

Coronavirus in Madhya Pradesh: 50% MSMEs will shut down if not reopened soon, say Industrialists

The closure will not only render thousands of workers unemployed and it will also adversely affect the government’s revenue.

Central government to announce Rs 1 lakh crore package for Micro, Small and Medium Enterprises soon, says Indore MP Shankar Lalwani

Central government to announce Rs 1 lakh crore package for Micro, Small and Medium Enterprises soon, says Indore MP Shankar Lalwani

Lalwani said the Centre believes that there can be no progress in the country without the growth of MSMEs

Special liquidity facility available for loans up to 1 year: SIDBI

Special liquidity facility available for loans up to 1 year: SIDBI

The Small Industries Development Bank of India has clarified that banks, non-bank finance companies and microfinance institutions can ava...Read More

Coronavirus in India: SBI to disburse Rs. 700 crore credit to MSMEs in Mumbai the end of June

Coronavirus in India: SBI to disburse Rs. 700 crore credit to MSMEs in Mumbai the end of June

The novel coronavirus outbreak has brought many industries and businesses to a grinding halt. With India under lockdown for nearly a mont...Read More

SIDBI launches special liquidity facility of Rs 150 bn for MSME lending

SIDBI launches special liquidity facility of Rs 150 bn for MSME lending

To give funds to banks, microfinance cos, NBFCs for lending to micro, small and medium enterprises struggling on account of the liquidity...Read More

Congress says govt doing 'injustice' to retailers by allowing e-commerce cos to sell non-essential goods

Congress says govt doing 'injustice' to retailers by allowing e-commerce cos to sell non-essential goods

The Congress on Saturday highlighted the plight of retail traders during lockdown, alleging the government is doing "injustice" to them b...Read More

NITI Aayog mulls integrating all SMEs on e-commerce platforms

NITI Aayog mulls integrating all SMEs on e-commerce platforms

NITI Aayog is considering the integration of small and medium enterprises (SME) on e-commerce platforms and creation of an online reposit...Read More

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