Interest Subvention Scheme for Incremental Credit to MSMEs, whose revised estimates for FY 2018-19 stood at Rs 275 crore, has now been increased to Rs
Category: MSME-Startup
MSMEs | Budget 2019: Ease of business to ease of living for India’s MSMEs
By Raman Sobti The budget speech of the Finance Minister presented earlier on Friday ushers in a new hope for the country’s MSME sector, currently
MSME: Budget 2019: 15 key takeaways for the MSME sector
Presenting the Budget 2019-20 in Parliament, Nirmala Sitharaman unveiled a slew of initiatives and new provisions to tackle issues related to the MSME sector in the country. From widening
budget 2019: Budget with many positives, yet actual implementation holds the key: MSME Inc – The Economic Times
As a result of the government’s move on the corporate tax, 99.3% of the companies operating in the country would benefit, the finance minister said
Nitin Gadkari welcomes announcements for MSMEs in Budget – The Hindu BusinessLine
Union Minister Nitin Gadkari on Friday welcomed the announcements for MSMEs in the Budget and said his ministry has decided to raise the sector’s contribution
New credit scheme for small, medium enterprises to encourage job creation: Gadkari – The Economic Times
“The aim is to raise this target to 50 per cent of GDP and increase the number of people getting employment from SME sector,” Gadkari
Over half the SME universe in the red: Here’re the top losers since 2012 | Business Standard News
One in every two small and medium enterprises (SMEs) listed on the SME platform of exchanges since 2012 is trading in the red. On Thursday, the BSE
Finance Ministry tells state-run banks to shore up credit to MSMEs | Business Standard News
FinMin told banks to appoint GM-level officer to MSMEs The finance ministry has told the chief executives of all public sector banks (PSBs) to review
Government to soon launch portal to boost innovation in MSME sector – The Economic Times
He said innovations and collaborations are the key for growth of Micro Small and Medium Enterprises (MSME) sector. The government will soon launch a portal
MSME: Due to anomalies in IBC, corporate NPAs can lead to bankruptcy in MSMEs: FISME
“MSME should be accorded special rights of recovering full payments due against the companies facing CIRP or Liquidation under MSMED Act,” he said. According to
Vision is to increase MSMEs contribution to GDP to 50%: Nitin Gadkari – The Economic Times
Nitin Gadkari added that for successful practices and new research, it is necessary that Indian entrepreneurs understand the successful technologies in the world. Union Minister
Big Challenges of the Small Sector–Economic Times
The RBI-appointed U K Sinha panel on micro, small and medium enterprises (MSME) makes a slew of sensible recommendations. From a new code to rid
MSME day 2019: A Rs 16 lakh crore problem for Indian MSMEs – The Economic Times Video | ET Now
Indian SMEs face a credit gap to the tune of about Rs 16 lakh crore (about $240 billion). What is worse is the fact that
International MSME Day: MSMEs key component of India’s $5-trillion economy quest: Arun Kumar Panda, MSME Secretary
Radical transformations to reorient MSMEs in the offing: Arun Kumar Panda, Secretary, MSME Underlining the importance of Skill upgradation among MSMEs to bring them at
Govt asks banks to appoint GM-level officer to address MSME sector woes – The Economic Times
In a bid to promote MSME sector, the government Thursday asked banks to appoint a general manager-level official to resolve the problems being faced by micro and
A new challenge for the microfinance industry? | Business Standard Column
In October 2010, the enactment of a law in the southern state of Andhra Pradesh, then a hotbed of the microfinance industry, almost killed it.
SME Landscape in India – Growth, Challenges and Opportunities | Business Standard News
India is one of the fastest growing economies of the world. In the last half-decade, the economic growth has steadily accelerated and most importantly, remained
Relief for MSMEs | Business Standard Editorials
A Reserve Bank of India (RBI) committee set up to look at the problems of domestic micro, small and medium enterprises (MSMEs) has suggested welcome measures, including
Panel seeks Rs 5,000 crore distressed asset fund, larger Mudra loans for MSMEs – The Financial Express
The panel has asked for a revision in loan limit sanctioned under the Micro Units Development and Refinance Agency (Mudra ) scheme to Rs 20
Tax sops for job creation, greater push towards skilling the need of the hour – The Hindu BusinessLine
With unemployment being a major challenge for the government, the Budget must provide measures to address the same The Modi 2.0 government has one big
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