MSMEs
CBIC asks officers to meet GST refund target
Mon, Sep 02, 2019
In a swift action following Finance Minister Nirmala Sitharaman`s promise to clear all pending GST refunds of micro, small and medium enterprises (MSMEs) within 30 days, Central Board of Indirect Taxes and Customs (CBIC) has prodded its field officers to make "all possible efforts to successfully realise this target."
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Google Cloud-enabled app helping small farmers in India
Mon, Sep 02, 2019
The firm now uses Cloud-based analytics and is deploying machine learning (ML) models to provide timely advice in five languages -- from seed optimization, crop rotation and soil nutrition to pest control and commodity price forecasting to small farmers.
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Credit to small firms: Government in discussions with multiple foreign lenders
Sat, Jul 20, 2019
A spokesman for World Bank in India on Saturday said the discussions with the government were in the early stages, adding that "further rounds of consultations will help us define the contours of this collaboration".
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MSME segment is one of the most potent growth engines for Indian economy: Rashesh Shah
Wed, Jul 03, 2019
Rashesh Shah, Chairman and CEO, Edelweiss Group said, “India’s MSME segment is one of the most potent growth engines for the Indian economy, contributing significantly to GDP and playing a vital role in employment generation and overall economic activity.
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Credit availability to MSMEs: Govt asks heads of PSBs to do analysis of the progress
Fri, Jun 28, 2019
Prime Minister Modi on November 2, 2018 launched an MSME outreach initiative to provide access to credit, access to market, technology up-gradation, ease of doing business and a sense of security for employees of MSMEs. In order to consolidate gains of the outreach campaign, the government has decided to take the initiative further.
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EEPC India urges RBI to facilitate easy bank loans for MSME exporters
Thu, May 09, 2019
The EEPC India has suggested to the RBI that the interest equalisation scheme for the exporters become horizontal in nature by covering the entire MSME sector, so that the linkage with exports goes away and does not fall foul of the WTO's norms as well.
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Zee Business-SAP Dare to Dream event: Need for tech innovations in auto sector, says NRDC CMD H Purushotham
Tue, Apr 16, 2019
Industry leaders should push for more tech innovations in the auto sector. Whenever there is a push from the industry leaders, growth can be witnessed in the sector, said Dr H Purushotham.
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Zee Business-SAP Dare to Dream event to boost SMEs begins; 30 CXOs in attendance
Tue, Apr 16, 2019
The Dare to Dream event, being jointly organised by Zee Business and SAP on April 16 in New Delhi, started with the address by Ramesh Suri, Chairman, Subros. Suri shared his experiences on how he entered business and how the industry has witnessed unprecedented change from then till now.
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VP Venkaiah Naidu demands ecosystem for rural entrepreneurship to thrive
Mon, Apr 01, 2019
Voicing concern over rising urban rural divide, Venkaiah Naidu stressed on making agriculture sustainable and profitable, creating market for rural artisans, empowering woman entrepreneurs to sell their crafts by way of online platforms and ensuring access to affordable education and healthcare.
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MSMEs created 14% more jobs in last four years, claims CII survey
Sat, Mar 09, 2019
Amid all gloom over not enough jobs being created in the country, the Confederation of Indian Industry survey of over one lakh small and medium enterprises have shown 13.9% increase in net jobs created in the MSME sector in last four years or 3.3% per annum
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