The government on Saturday unveiled measures aimed at facilitating growth of the country’s micro, small and medium enterprises including raising the turnover threshold for audit
Category: MSME-Startup
Budget Impact on Startups | Budget 2020: What did MSMEs and Startups get?
Key announcements for MSMEs and Startups in Budget 2020 Tabled in the parliament by Finance Minister Nirmala Sitharaman, the Union Budget for 2020-21 had some
Budget 2020: No more auditing of MSMEs if revenue is below this; loan restructuring may extend by 1 year – The Financial Express
Union Budget 2020 India: Credit and Finance for MSMEs: Finance Minister Nirmala Sitharaman in her second budget speech on Saturday said the government has asked
economic survey 2019-20: More documents needed to open a restaurant than to buy a pistol, says Economic Survey 2019-20 – The Economic Times
It takes more documents to open a restaurant in Delhi as compared to documents needed for a license to procure new arms and major fireworks,
Economic survey: Manufacturing units have to conform ‘bewildering’ 6,796 compliance items: Eco Survey – The Economic Times
A major challenge most companies face is the complex architecture of the Indian governance framework including the density of legislation and statutory compliance requirements Calling
Budget 2020: This unique fund if announced by FM Sitharaman can help MSMEs face drought, flood, more – The Financial Express
By Akash Gehani Union Budget 2020 India | Credit and Finance for MSMEs: The Indian MSME sector is the world’s second-largest with 6.3 crore enterprises,
India’s $5 trillion dream blueprint: Here’s the mission mode to help govt realise MSMEs’ full potential – The Financial Express
By Nikhil Arora Ease of Doing Business for MSMEs: India has emerged as one of the fastest-growing economies in the world, backed by rapid technological
Narayana Murthy wants banks to invest in Indian startups – The Financial Express
NR Narayana Murthy, the co-founder of software giant Infosys who chairs a Sebi panel on alternate investment policy advisory, on Tuesday pitched for pension funds
Ratan Tata’s warning to start-ups: You won’t get second chance if you commit this cardinal sin – The Financial Express
Industrialist Ratan Tata on Tuesday warned that start-ups which burn investors’ money and disappear will not get a second or a third chance. Tata, who
‘SMEs must brand themselves, build presence on Net to attract top talent’ – The Hindu BusinessLine
While jobs are aplenty, small and medium businesses often say they are unable to attract the top talent. And the job seeker, according to educational
Union Bank: ETRise Top MSMEs Ranking: Union Bank CMD says conventional credit worthiness model does disservice to millions of entrepreneurs – The Economic Times
The Union Bank has surplus funds at the moment. It is looking for lendable opportunities, especially for MSMEs. Access to formal sources of credit has
Club Factory: Club Factory sees surge in monthly active users in India – The Economic Times
NEW DELHI: E-commerce platform Club Factory has surpassed 100 million monthly active users (MAUs) in India following a strong surge in user adoption across the country. Club
MSMEs: Budget may give Rs 500 cr each for two MSME funds – The Economic Times
NEW DELHI: The government is expected to provide around Rs 500 crore each for two funds for micro, small and medium enterprises (MSMEs). While a
Small Enterprises: Medium scale companies may be given credit risk cover – The Economic Times
Under the guarantee scheme, the trust provides a cover of up to 85% of the credit facility to micro enterprises for credit up to Rs
Pradhan Mantri Mudra Yojana: PSBs are committed to Mudra scheme as a social obligation: UBI’s Sanjay Narayan – The Economic Times
“NPAs in Mudra are very small and that too is distributed among a large chunk of the masses. So, for us, Mudra financing is more
Essel Finance: Adani Capital acquires Essel Finance’s MSME loan business – The Economic Times
MUMBAI: Adani Capital Pvt. Ltd, the NBFC arm of the Adani Group, focused on lending to small & micro entrepreneurs, has acquired Essel Finance’s MSME loan business. The business has a secured loan book
SMEs in 2020: B2B payments, data privacy among 5 issues to stay in focus–Business Today
By using digital platforms, SMEs put themselves in a better position to access credit and manage their cash flows Several B2B payments and lending companies,
Apprentices Act: ETRise Top MSMEs Ranking: Adoption of apprentices model can be way forward in MSME skilling, say experts – The Economic Times
Drawing attention to the Apprentices Act, 1961 which was institutionalised to impart practical training to technically qualified people in varied trades, Amit Vadera, Regional Head,
Government should pay ‘administration’ fee to small businesses to offset increasing compliance costs – The Financial Express
By Gunjan Mishra GST and Taxation for MSMEs: GST is an integral part of the government’s plan to secure India’s economic future. Two years on, the
etrise top msmes ranking: ETRise Top MSMEs Ranking: Inaccurate that MSMEs don’t get finance easily, says banking official – The Economic Times
As per a report, since the launch of the scheme, more than 50,706 proposals have received in-principle approvals and 27,893 proposals got sanctioned as on
