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MSME

Nirmala Sitharaman likely to launch UPI-based lending facility for MSMEs on March 6

Nirmala Sitharaman likely to launch UPI-based lending facility fo...

Mon, Mar 03, 2025

As part of this facility, MSMEs will be able to borrow funds based on their digital transactions.

Union Budget 2025: PHDCCI reaction on the budget

Union Budget 2025: PHDCCI reaction on the budget

Sun, Feb 02, 2025

See here what D.P Goel, C0 chair MSME Committee, PHDCCI said on the budget.

Union Budget 2025: Credit Boost For MSMEs, higher investment and turnover limits unveiled

Union Budget 2025: Credit Boost For MSMEs, higher investment and...

Sat, Feb 01, 2025

Union Finance Minister Nirmala Sitharaman on February 1st came out with good news for the Micro, Small and Medium Enterprises (MSME's) in India. Sitharaman in her eighth budget speech stated that the credit guarantee cover limits and provisions for the sector are going to be enhanced.

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Nitin Gadkari says MSME ministry will work towards promoting economic growth, create jobs

Nitin Gadkari says MSME ministry will work towards promoting econ...

Tue, Jun 04, 2019

The MSME ministry will work with its commerce counterpart to identify goods being imported by India and look at the possibility of manufacturing them here by MSMEs.

MSME sector expects cheaper finance, incentives in Budget

MSME sector expects cheaper finance, incentives in Budget

Mon, Jun 03, 2019

Hit by the triple whammy of delay in GST refunds, unfavourable forex and end of trade privilege to Indian firms, the micro, small and medium enterprises (MSME) sector wants the government to offer incentives in the upcoming Union Budget so that it can cope with the tough times.

SME key reforms: Streamlining of taxes, ease of regulation, skilled labour can really benefits small businesses - Here is how

SME key reforms: Streamlining of taxes, ease of regulation, skill...

Fri, May 31, 2019

The Skill India programme was a good initiative and now it needs to reach out to more number of units.

Modi Cabinet 2.0-MSME wishlist: Top 5 demands of segment to boost growth

Modi Cabinet 2.0-MSME wishlist: Top 5 demands of segment to boost...

Thu, May 30, 2019

Modi 2.0 brings hope for MSME sector. Modi government has had its focus on the development of MSMEs and assisting homegrown entrepreneurs during its first tenure and now, it is expected to go on in similar fashion.

Startup India: Top four major steps Modi government can take to boost MSMEs

Startup India: Top four major steps Modi government can take to b...

Tue, May 28, 2019

From improved financing to improved image, MSMEs have served up a list of demands that can help them to a large extent, say industry insiders.

NBFCs facilitate income regulation of MSMEs, help in shaping economy : Vivek Tiwari, CEO, Satya MicroCapital Ltd

NBFCs facilitate income regulation of MSMEs, help in shaping econ...

Mon, May 06, 2019

The coming years will see more innovation in NBFCs with investments in the digital technologies, which will help MSMEs operate better.

Exclusive Interview: MSME has potential to create globally competitive business for India, says Sanjay Sharma MD of Aye Finance

Exclusive Interview: MSME has potential to create globally compet...

Fri, Mar 29, 2019

The Micro, Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic section for the Indian economy.

What is MSME? How are they defined

What is MSME? How are they defined

Tue, Mar 26, 2019

Micro-Small and Medium Enterprises (MSMEs) are small sized or small scale business entities that are classified as per their size of investments.

Good news for MSMEs! This private bank becomes first to join psbloansin59minutes.com, offer Rs 1 crore loan in 59 minutes

Good news for MSMEs! This private bank becomes first to join psbl...

Mon, Mar 11, 2019

Kotak Mahindra has become the first private sector lender to join the platform psbloansin59minutes.com.

PSBloansin59minutes.Com: Punjab National Bank sanctions loans worth Rs 689 crore to 1,600 MSMEs

PSBloansin59minutes.Com: Punjab National Bank sanctions loans wor...

Sun, Mar 10, 2019

It is a strategic initiative of SIDBI led PSB consortium incubated under the Department of Financial Services (DFS), Ministry of Finance. Other partner banks are the SBI, Bank of Baroda, PNB, Vijaya and Indian Bank.

MSMEs created 14% more jobs in last years, says CII survey

MSMEs created 14% more jobs in last years, says CII survey

Fri, Mar 08, 2019

According to a CII survey among over 1 lakh MSMEs, there has been a 13.9 percent increase net jobs additions (or 3,32,394 new jobs created), over the past four years, which is a 3.3 percent increase per annum in these four years.

Multi-dimensional interventions required to boost SMEs sector: Govt

Multi-dimensional interventions required to boost SMEs sector: Go...

Tue, Mar 05, 2019

The Ministry of Finance and the Ministry of Micro, Small and Medium Enterprises, along with several other ministries, are taking steps to enable growth of various industries, clusters of SMEs.

Government releases compliance schedule to ensure MSME payments

Government releases compliance schedule to ensure MSME payments

Thu, Feb 28, 2019

Corporate entities have already filed "MSME FORM I" with the registrar of companies (RoC) by February 22 giving details of all outstanding dues to MSME suppliers existing on the date of notification of rules on January 22, 2019.

Have a business? This is why you need to be in a co-working space

Have a business? This is why you need to be in a co-working space

Mon, Feb 25, 2019

There are no large companies shifting into these smaller spaces, but as far as SMEs and entrepreneurs are concerned, there is no argument against the fact that small is the best for them as they look to scale up their businesses.

SpotDraft raises $1.5mn in funding led by Binny Bansal-backed firm

SpotDraft raises $1.5mn in funding led by Binny Bansal-backed fir...

Fri, Feb 22, 2019

Other participants in the funding round were -- Girish Mathrubootham, Co-founder Freshworks; Karanpal Singh, Founder, Hunch Ventures; Indus Khaitan, Chief of Growth, Chargebee; Peeyush Ranjan, VP-Engineering, Google Inc; and Singapore Angel Network, SpotDraft said in a statement.

Huge investment opportunities for ASEAN companies in India: CR Chaudhary

Huge investment opportunities for ASEAN companies in India: CR Ch...

Fri, Feb 22, 2019

India has relaxed several laws and regulations under its Make in India initiative to attract investments, he said here at the fourth India-ASEAN Expo and Summit 2019.

Special MSME package can help 7 crore accounts, Rs 1 Lakh crore loans: Fin secy

Special MSME package can help 7 crore accounts, Rs 1 Lakh crore...

Sun, Feb 10, 2019

The estimate from the Department of Financial Services (DFS) secretary Rajiv Kumar is much higher than domestic rating agency Icra's assessment of Rs 10,000 crore. It comes even as some banks have seen a reluctance among the target MSMEs to take advantage of the scheme.

Budget 2019: What government offered to MSME, unorganised sectors

Budget 2019: What government offered to MSME, unorganised sectors

Fri, Feb 01, 2019

The requirement of sourcing from SMEs by government enterprises has been increased to 25 per cent, including three per cent quota for sourcing from women-owned SMEs, he said.

Moody's India warning: Steps to help MSMEs, ease farmers' distress increase risk

Moody's India warning: Steps to help MSMEs, ease farmers...

Fri, Jan 25, 2019

"If implemented, the proposed measures will cause further slippage from India's fiscal consolidation road map, which targets reducing the central government's deficit to 3.1 per cent and 3 per cent of GDP in fiscal 2019 and fiscal 2020, respectively," it said

Budget 2019: Income tax exemption for start-ups below Rs 25-cr is what MSMEs want from PM Modi

Budget 2019: Income tax exemption for start-ups below Rs 25-cr is...

Fri, Jan 18, 2019

Narendra Modi government to extend income tax exemption to those companies also that are below Rs 25 crore in terms of their annual turnover.

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