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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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Low demand, rise in raw material prices key problems of MSMEs: Survey

Low demand, rise in raw material prices key problems of MSMEs: Su...

Thu, Dec 22, 2022

The report by Bhartiya Yuva Shakti Trust (BYST) also said that though markets have stabilised, about 57 per cent of the units that participated in the survey are struggling to get new orders for their merchandise.

'Abnormal' anti-dumping duty should not be levied on Viscose Staple Fibre: SIMA to Finance Minister

'Abnormal' anti-dumping duty should not be levied on Vi...

Wed, Dec 21, 2022

Over two lakh powerlooms in Tamil Nadu had diverted to VSF manufacturing and enabling value added exports and anti-dumping duty would again make manufacturers to switch over to imports that would have serious impact on the MSME spinning mills, Ravi Sam said.

Trucap Finance buys out retail MSME book of EZ Capital, gets Rs 105 cr funding from Zeal Global

Trucap Finance buys out retail MSME book of EZ Capital, gets Rs 1...

Tue, Dec 20, 2022

Rakesh Sethi, chairman of Trucap, said the current funding round once completed will enhance the company's equity base to around Rs 325 crore.

Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister

Govt taking steps to make Indian MSMEs stronger, globally competi...

Tue, Dec 06, 2022

Addressing FICCI's Annual MSME Summit, Verma urged the industry and other stakeholders to work with the government to make India a USD 5 trillion economy along with becoming self-reliant.

Budget 2023-24: Amid global economic slowdown, how MSME sector drives India's growth story | Budget expectations, MSME key challenges

Budget 2023-24: Amid global economic slowdown, how MSME sector dr...

Mon, Dec 05, 2022

Budget 2023-24: MSMEs contribute around 30 per cent to our GDP and have a share of 50 per cent of the income generated from total exports.

Over 50% of microbusinesses had no mechanisms to cushion Covid impact: Study

Over 50% of microbusinesses had no mechanisms to cushion Covid im...

Sat, Nov 26, 2022

According to non-profit organisation 'Global Alliance for Mass Entrepreneurship' (GAME), which conducted the study, 21 per cent of the microbusinesses lacked requisite documentation for the application.

RBI adds GSTN in financial information providers list under account aggregator norm – know what experts say

RBI adds GSTN in financial information providers list under accou...

Fri, Nov 25, 2022

The list of financial information providers includes banks, non-banking financial companies, asset management companies, depository, depository participants, insurance companies, and pension funds.

RBI Governor Shakitkanta Das asks bankers to be watchful of evolving macroeconomic situation

RBI Governor Shakitkanta Das asks bankers to be watchful of evolv...

Thu, Nov 17, 2022

The governor in his introductory remarks acknowledged the crucial role played by the commercial banks in supporting economic growth throughout the turbulent times since the outbreak of the pandemic and the ongoing financial market turmoil.

Government's Self Reliant India Fund commits Rs 5,000 crore to help MSMEs

Government's Self Reliant India Fund commits Rs 5,000 crore...

Sat, Nov 05, 2022

The fund, which started as part of the government's flagship 'Atmanirbhar Bharat' programme, has provided approvals to 38 'daughter funds' with a commitment amount of more than Rs 5,000 crore, as per an official statement.

New food processing policy will pay attention to concerns of MSME sector entrepreneurs: CM Yogi

New food processing policy will pay attention to concerns of MSME...

Fri, Nov 04, 2022

The Chief Minister said that the government is going to take some new steps to promote food processing in the Food Processing Policy 2022.

Uttar Pradesh EV policy: Adityanath govt announces incentives for Electric Vehicles manufacturing

Uttar Pradesh EV policy: Adityanath govt announces incentives for...

Thu, Oct 13, 2022

According to the official spokesman, the policy provides attractive subsidies to the buyers in order to open up the electric vehicle market in the state.

India will be pillar of global economic revival: Piyush Goyal

India will be pillar of global economic revival: Piyush Goyal

Fri, Sep 30, 2022

Asserting that India is the best destination for investments, Goyal said the government has taken several structural reforms, and more are in the pipeline.

Engineering sector MSMEs seek production linked incentive scheme

Engineering sector MSMEs seek production linked incentive scheme

Mon, Sep 26, 2022

Exports of hand tools industry is about Rs 3,200 crore annually.

Flipkart's 'The Big Billion Days' for kiranas, small businesses; sale begins from 23 September across 28 stores, online channels

Flipkart's 'The Big Billion Days' for kiranas, sma...

Thu, Sep 22, 2022

The uniquely curated sale will run from September 23-30, 2022, where kirana members can avail of exciting deals and offers across a host of categories and products

Piyush Goyal urges MSME sector to enhance quality of products

Piyush Goyal urges MSME sector to enhance quality of products

Wed, Sep 21, 2022

Addressing the FICCI LEADS summit, Piyush Goyal said that though India is a market leader in giving top quality products in various segments like auto, FMCG, hospitality and many others, it needs to enhance quality of products coming out of the FMCG sector.

Nirmala Sitharaman Asks Private Sector To Clear MSME Dues In 45 Days

Nirmala Sitharaman Asks Private Sector To Clear MSME Dues In 45 D...

Fri, Sep 16, 2022

Finance Minister Nirmala Sitharaman says that the central government wants the dues of micro, small and medium enterprises (MSMEs) to be paid expeditiously. The central government has taken steps in this direction and the private sector should also pay the dues of MSMEs within 45 days. The central government is working to meet the smallest need of this sector.

Clear MSME dues in 45 days: FM Nirmala Sitharaman's stern message to private sector

Clear MSME dues in 45 days: FM Nirmala Sitharaman's stern me...

Fri, Sep 16, 2022

The minister also appealed to state governments and the public sector enterprises which they run to clear the dues in time.

ONDC a population-scale initiative to democratise e-commerce: Report

ONDC a population-scale initiative to democratise e-commerce: Rep...

Tue, Sep 06, 2022

Using an open source protocol, ONDC switches the approach from closed platforms to a network that creates interoperability across all on boarded applications, says the report.

New trade policy on the cards to boost exports; likely to be announced this month

New trade policy on the cards to boost exports; likely to be anno...

Mon, Sep 05, 2022

The new Foreign Trade Policy will come on 30 September and the policy has been designed with the next five year in view. The policy will lay down a road map of the ‘Amritkaal’. The policy will give a boost to Indian exports. Here are some top things to know about the policy

MSME National Summit & Awards 2022 Speakers

MSME National Summit & Awards 2022 Speakers

Thu, Sep 01, 2022

MSME National Summit & Awards 2022 Speakers

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