Social networking giant Facebook is powering small business across the country by providing tools on its platforms to access markets, which otherwise can’t find the supply chain and
Category: MSME-Startup
GST: A perfect tool for SME growth – The Economic Times
By Praveen Kutty The Government of India commemorated July 1, 2018 — the first anniversary of the Goods and Services Tax — as GST Day. During the past year, the government earned an
MSME sector picks up: Demonetisation impact fades as manufacturing, services performance improves, says survey – The Financial Express
The MSME sector is expected to remain upbeat in the next quarter as well, the survey also added. Even as headwinds including NBFC liquidity crunch
GST: Ice cream, tobacco, pan masala to be excluded from higher threshold limit – The Hindu BusinessLine
Entities engaged in businesses of ice cream, pan masala and tobacco will not be eligible for the proposed higher threshold limit for mandatory registration and
Giriraj Singh: When a Union Minister could not get banks to lend to small businesses – The Economic Times
Citing how it has always been difficult for people in SMEs to amass funds, Giriraj Singh urged bankers to align themselves with the needs of
MSMEs: For financial institutes, converting an aspiring SME borrower into a bankable one remains a challenge – The Economic Times
Apart from MSME sector representatives, the event saw the presence of a large number of government officials, regulatory authorities, financial Institutions and insurance agencies. While
Indian banks: How shadow banks can be the shining light for India’s entrepreneurial ecosystem – The Economic Times
By Vivek Tiwari Winter evenings in the hills of Jharkhand’s Latehar district are bitingly cold. Braving the unfavourable weather, Bhagiya Masomat, 40, and Kaloti Brijain,
SMEs: SMEs need greater institutional framework to boost access to credit – The Economic Times
By Girish Bhagat For about 48 million small and medium enterprises (SMEs) operating in India, continuous investment for enhancing their technology is a pre-requisite for supporting their
59-minute loan portal holds promise – The Hindu BusinessLine
MSMEs have taken to it, but poor loan disbursements indicate the need for its deeper integration with bank processes One of the biggest announcements for
India should call a truce in its trade conflict with US – The Economic Times
By Mihir Sharma U.S. and Indian officials are meeting in New Delhi today for what promises to be a tetchy summit. The trade relationship between
Credit Utilisation: Companies stare at cash flow problems due to new credit utilisation rules–Economic Times
A tweak in the rule of how Goods and Services Tax (GST) credit should be availed is set to create a major cash flow problem
Rural Economy: Wrong to use cash as indicator of jump in economic activity, rural economy still depressed: SBI
The note said we are in a state of “paradox” at present, where the CIC has expanded but the income velocity of money has shown
MSME: Financial hiccups of SC/ST entrepreneurs must be addressed on priority, voice industry leaders – The Economic Times
Emandi Sankara Rao, CEO, IFCI Limited, opined that besides providing funding opportunities, handholding of entrepreneurs is the need of the hour. Country’s SC/ST entrepreneurs, particularly from
NPA under Mudra Yojana stands at Rs 7,277 crore – The Economic Times
The government Tuesday informed Parliament that loans worth Rs 7,277.31 crore of public sector banks under Pradhan Mantri Mudra Yojana (PMMY) have turned bad at the end
MSME: Policy and intent needs to go hand-in-hand for MSME financing: Giriraj Singh–Economic Times
Giriraj Singh reiterated the need for financial inclusion as necessary to progress, saying that it should be taken to newer heights in the coming days.
Loans worth Rs 20,900 cr sanctioned under 100-day outreach programme for MSMEs – The Economic Times
Loans to the tune of Rs 20,900 crore have been sanctioned under the 100-day outreach programme for MSMEs across 104 districts announced in November, a top official said
Do not fret about India’s cash economy–Economic Times
An HSBC global research report finds a spike in India’s cash in circulation, after demonetisation had knocked off the bulk of it. The ratio of
अडचणीत सापडलेल्या एमएसएमइ ना रिझर्व बँकेकडून दिलासा —अनिल तिकोटेकर
वित्तीय सेवा विभाग प्रमुख श्री राजीव कुमार यांच्या मते ७ लाख एमएसएमइ ना पुनर्गठन पॅकेजची गरज आहे. अशा उद्योगांना दिलेल्या कर्जाची येणे असलेली रक्कम जवळ जवळ
Special MSME package can help 7 cr accounts, Rs 1 L cr loans: Fin secy – The Economic Times
He said 7 lakh MSME units need restructuring. The Reserve Banks restructuring package for small businesses announced last month will help recast Rs 1 lakh
RBI MSME package to help recast Rs 1-trn loans for 700k accounts: Govt | Business Standard News
The Reserve Bank’s restructuring package for small businesses announced last month will help recast Rs 1 trillion of loans for 700,000 eligible micro, small and