https://www.thehindubusinessline.com/economy/msme-helpdesk-will-ensure-sustainability-of-new-ventures-in-kochi-minister-rajeev/article67215802.ece The ‘MSME Helpdesk’ provides expert assistance on various aspects, including taxation, loans, and fostering entrepreneurship Minister for Industries P. Rajeev speaks at the State-level inauguration
Category: MSME-Startup
Axis Bank goes live on RBI’s Public Tech Platform for Frictionless Credit to offer MSME loans, Kisan Credit Card
https://www.financialexpress.com/industry/sme/axis-bank-goes-live-on-rbis-public-tech-platform-for-frictionless-credit-to-offer-msme-loans-kisan-credit-card/3213722/ Unsecured loans for MSMEs: Private sector lender Axis Bank on Thursday announced offering up to Rs 10 lakh unsecured MSME loans and Kisan Credit Card
MSME jobs cross 13-crore mark; this many women employed so far
https://www.financialexpress.com/industry/sme/msme-jobs-cross-13-crore-mark-this-many-women-employed-so-far/3213989/ Employment by MSMEs: The MSME sector has crossed the figure of 13 crore jobs generation including more than 3 crore women workers, said MSME Minister
Fitch warns rapid growth in unsecured retail credit needs management
https://www.business-standard.com/economy/news/fitch-warns-rapid-growth-in-unsecured-retail-credit-needs-management-123081600580_1.html Global rating agency Fitch on Wednesday warned that rapid loan growth, especially in unsecured retail credit, needs careful management to avoid a spike in
Unlocking operational efficiency of MSMEs: The power of increased credit access
https://www.financialexpress.com/industry/sme/unlocking-operational-efficiency-of-msmes-the-power-of-increased-credit-access/3207689/ By Jayanth Murthy Credit access to MSMEs: In today’s rapidly evolving business landscape, micro, small, and medium-sized enterprises (MSMEs) face numerous challenges that hinder their
Will push for dispute resolution via Mediation centres to reduce MSME litigation cost
Litigation challenge for MSMEs: The Mediation Bill passed by Lok Sabha and Rajya Sabha during the monsoon session of the Parliament will reduce the cost of
Centre directs banks to work in tandem on loans scheme for street vendors
https://www.business-standard.com/india-news/centre-directs-banks-to-work-in-tandem-on-loans-scheme-for-street-vendors-123081200564_1.html Union MoS for Finance Bhagwat K Karad on Saturday asked banks and civic bodies to work in collaboration with each other to achieve the
7 steps taken by govt to prevent delay in payments, highlights MoS MSME Ministry
https://www.financialexpress.com/industry/sme/msme-dues-7-steps-taken-by-govt-to-prevent-delay-in-payments-highlights-mos-msme-ministry/3207521/ MSME delayed payments: Late clearance of payments to MSMEs by their government buyers including central ministries, departments, public sector units, and others against goods and
How successful is govt’s MSME grievance redressal portal Champions?
https://www.financialexpress.com/industry/sme/how-successful-is-govts-msme-grievance-redressal-portal-champions-check-details/3207558/ The MSME ministry’s single-window grievance redressal portal Champions launched for MSMEs in June 2020 received 68,617 grievances from MSMEs till July 31, of which
Mediation Bill to reduce cost and supply chain disruptions for MSMEs: Minister of Law & Justice
https://www.thehindubusinessline.com/news/mediation-bill-to-reduce-cost-and-supply-chain-disruptions-for-msmes-minister-of-law-justice/article67183826.ece Addressing the seminar on Reducing the Cost of Litigation for MSMEs organised by the Federation of Indian Micro and Small & Medium Enterprises on Thursday,
Banks cautious on lending to small businesses despite high demand, lower NPAs:
https://www.financialexpress.com/industry/sme/banks-cautious-on-lending-to-small-businesses-despite-high-demand-lower-npas-report/3207726/ Demand for loans from MSMEs grew 33 per cent in the January-March period of the previous fiscal (Q4, FY23) compared to the year-ago period,
Only 6 cases admitted under pre-pack insolvency resolution process for MSMEs since 2021
https://www.financialexpress.com/industry/sme/only-6-cases-admitted-under-pre-pack-insolvency-resolution-process-for-msmes-since-2021/3202707/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
MSME Minister Narayan Rane says no study undertaken to evaluate MSME credit gap post Covid
https://www.financialexpress.com/industry/sme/msme-minister-narayan-rane-says-no-study-undertaken-to-evaluate-msme-credit-gap-post-covid/3194963/ redit gap in the MSME sector: MSME Minister Narayan Rane on Monday informed Parliament that the government has not undertaken any specific study to evaluate
Women MSMEs: This statistic shows share of women entrepreneurs in India’s MSME sector
One District One Product: 137 unique products from 713 districts notified
https://www.financialexpress.com/industry/sme/137-unique-products-from-713-districts-selected-for-one-district-one-product-mos-prahlad-patel/3187417/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app
Cashflo launches AI-backed Accounts Payable Automation and Payments suite for businesses
https://www.financialexpress.com/industry/sme/cashflo-launches-ai-backed-accounts-payable-automation-and-payments-suite-for-businesses/3188030/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/fe_app