While the government is making efforts to improve the state of Micro, Small and Medium Enterprises (MSMEs) with ‘loan melas’ and a slew of other
Category: MSME-Startup
Amazon: Amazon and Walmart face the ire of 70 million Indian shopkeepers – The Economic Times
By Ari Altstedter In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.
Government aims to generate additional 5 crore job opportunities in MSMEs sector – The Economic Times
Micro, small and medium enterprises (MSMEs) have created 11 crore jobs and the target is to generate an additional 5 crore employment opportunities by 2024, Union Minister Nitin
In talks with SBI to jointly run e-commerce portal for MSMEs: Nitin Gadkari – The Economic Times
The government is in talks with the country’s largest public sector lender State Bank of India (SBI) to jointly run an e-commerce portal for marketing of products
Govt purchases from MSMEs exceed minimum procurement limit again; here’s how many businesses benefitted – The Financial Express
Central Public Sector Enterprises (CPSE) have exceeded the minimum procurement threshold of 25 per cent goods and services from micro and small enterprises (MSE) under
GST e-invoicing to help MSMEs secure loans faster – The Financial Express
The IRP will also send the signed e-invoice to the recipient of the document on the email provided in the e-invoice. The proposed e-invoicing system
RBI: RBI red flags rising Mudra bad loans–Economic Times
Reserve Bank deputy governor MK Jain on Tuesday warned bankers about the growing stress in Mudra loans, which has crossed more than Rs 3.21 lakh crore
Govt enhanced budget for key MSME marketing schemes in FY20, here’s how much has been spent – The Financial Express
Ministry of micro, small and medium enterprises (MSME) has incurred expenditure of Rs 81 crore out of Rs 274 crore budget earmarked under four schemes
Government formulating policy on credit ratings for MSMEs, says Nitin Gadkari – The Financial Express
The government is in the process of launching ‘Digital data based credit ratings’ of Micro, Small and Medium Enterprises (MSME), to help entrepreneurs to get
How smart MSMEs are harnessing digital wave to come out of twin shocks of GST and note ban – The Economic Times
Digitisation is helping these MSMEs solve many chronic issues like financing. Generational shift plays out in multiple ways. In 2017, Mumbai-based Ajit Singh Ahluwalia, 34,
MSME sector crucial to make India $5 trillion economy: Sarbananada Sonowal – The Financial Express
Assam Chief Minister Sarbananada Sonowal on Friday said the Micro, Small and Medium Enterprises (MSME) sector has a crucial role to play in making India
Top 5 payment challenges faced by SMEs, the growth engines of Indian economy–Business Today
SMEs are the backbone of the Indian economy, and key contributors to the $5 trillion Indian economy target. Unprecedented action-oriented focus on the issues faced
How to help small businesses – The Economic Times
By Ritesh Kumar Singh Smaller business entities are often associated with the informal sector and widely believed to dodge taxes and bypass tough labour regulations. However, an
What a jump! Massive 1500% rise in number of registered MSMEs under Narendra Modi’s govt – The Financial Express
Ease of Doing Business for MSMEs: Udyog Aadhaar scheme launched in September 2015 for MSME registration has so far brought more than 80 lakh MSMEs under
Small businesses’ new weapon against big firms: IBC gives MSMEs this power to collect dues – The Financial Express
Credit and Finance for MSMEs: To help MSMEs tide over their problem of delayed payments by large businesses, the Insolvency and Bankruptcy Board of India (IBBI)
New GST rule to curb ITC misuse hits MSMEs – The Financial Express
The smaller businesses with annual turnover of less than Rs 5 crore are hit by the recent change in Goods and Services Tax (GST) rule,
How to help small businesses: Cut heavy costs of regulatory and tax compliance, make credit available — Times of India
Smaller business entities are often associated with the informal sector and widely believed to dodge taxes and bypass tough labour regulations. However, an increasing number of firms
Small businesses’ new weapon against big firms: IBC gives MSMEs this power to collect dues – The Financial Express
Credit and Finance for MSMEs: To help MSMEs tide over their problem of delayed payments by large businesses, the Insolvency and Bankruptcy Board of India (IBBI)
MSME credit woes no more? Outstanding bank loans jump; small businesses borrowed this much last year – The Financial Express
Credit and Finance for MSMEs: The outstanding credit to the MSME sector by scheduled commercial banks for FY19 increased by 14.08 per cent from FY18. The
Why cloud computing is the gateway to industry 4.0 for Indian small businesses – The Financial Express
By R Narayan Technology for MSMEs: With Industry 4.0 taking a firm grip on global commerce, adaptation within the SME sector is not far behind. Enterprises