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small and medium enterprises (MSME) News
small and medium enterprises (MSME)
RBI raises NACH mandate limit for TReDS settlement to 3 cr to meet growing liquidity needs of MSME
Thu, Feb 10, 2022
The Reserve Bank of India on February 10, increased the NACH mandate limit for TReDS settlement to Rs 3 crore.
HDFC Bank's loan book to MSMEs crosses Rs 13,000 crore in Uttar Pradesh
Fri, Dec 17, 2021
Country's largest private sector lender HDFC Bank on Friday said its MSME book witnessed a 17 per cent year-on-year growth to over Rs 13,000 crore as of September-end in Uttar Pradesh.
Shower of employment at MSMEs: 4 cr jobs created in last 4 years, says Centre
Wed, Jun 27, 2018
The MSME minister said a large number of employment opportunities were generated through initiatives like collateral free loans to 16 lakh entrepreneurs between 2014-18, linking 15 lakh people to the Prime Minister's Employment Guarantee Programme and setting up 94 clusters for artisans and manufacturers.
India signs $5.19 million grant agreement with IBRD for MSMEs
Tue, Dec 13, 2016
The parent project -- India: Financing Energy Efficiency at MSME Project (FEEMP) - became effective on September 29, 2010.
British PM to lead trade delegation to India
Tue, Oct 25, 2016
British Prime Minister Theresa May today announced that she will be leading a trade delegation to India next month, as her government seeks new relationships after Britain leaves the European Union.
MSMEs face financial crunch; need Rs 5.15 lakh crore in near term
Tue, Sep 06, 2016
Highlighting the financial crunch faced by MSMEs, a report has pegged the total credit demand for the sector at Rs 45 lakh crore over the medium term while Rs 5.15 lakh crore needs to be mobilised for the near term.
Nirmala Sitharaman pitches for 200 bps rate cut by RBI
Thu, Aug 25, 2016
She said the interest subvention scheme announced for exporters has been helpful in dealing with the impact of global demand slowdown.
Nirmala Sitharaman offers funding support of Rs 50 lakh to SMEs
Thu, Aug 11, 2016
Other incentives provided by the government under this scheme are 5% interest reimbursement of the nominal interest charged by lending agency.
Nearly 1.9 lakh MSMEs are non-traceable: Govt
Mon, Aug 01, 2016
The reply was based on the information compiled by Ministry of Commerce and Industry.
Is Subramanian Swamy still trying to corner Rajan?
Wed, Jul 27, 2016
He asked, " (a) the rate of growth of output of Micro, Small and Medium Enterprises for the years 2013-14, 2014-15, 2015-16; (b) the number of such enterprises that closed down during these three years; and (c) whether the high interest rates were the cause of the performance of these industries?"
Inadequate and delayed credit, obsolete technology to blame for rising sick MSMEs, says Ministry
Mon, Jul 25, 2016
The number of sick Micro, Small and Medium Enterprises (MSMEs) in the country has been increasing over the last three years.
Rural industries power MSMEs with over Rs 40,000 crore sales in 2015-16
Mon, Jul 18, 2016
Total sales in the Khadi and Village Industries had grown to Rs 41,064.17 crore in 2015-16 from Rs 33,135.90 crore.