Banks’ gross NPAs in MSMEs dropped to five-year low in FY23; declined 14% from FY22 | The Financial Express

https://www.financialexpress.com/industry/sme/banks-gross-npas-in-msmes-dropped-to-five-year-low-in-fy23-declined-14-from-fy22/3186482/ lipped from: https://www.financialexpress.com/industry/sme/banks-gross-npas-in-msmes-dropped-to-five-year-low-in-fy23-declined-14-from-fy22/3186482/ Gross MSME NPAs in Scheduled Commercial Banks peaked at Rs 1.83 lakh crore in FY20 from Rs 1.63 lakh crore in FY19

1,103 MSME claims pending under Vivad Se Vishwas dispute resolution scheme; this many units supported | The Financial Express

https://www.financialexpress.com/industry/sme/1103-msme-claims-pending-under-vivad-se-vishwas-dispute-resolution-scheme-this-many-units-supported/3186747/ Clipped from: https://www.financialexpress.com/industry/sme/1103-msme-claims-pending-under-vivad-se-vishwas-dispute-resolution-scheme-this-many-units-supported/3186747/ Under the scheme, launched on April 17, MSMEs unable to execute government contracts during the Covid period were allowed a 95 per

Walmart, Flipkart sign MoU with Telangana govt to help MSMEs sell goods online | The Financial Express

https://www.financialexpress.com/industry/sme/walmart-flipkart-sign-mou-with-telangana-govt-to-help-msmes-sell-goods-online/3187392/ Clipped from: https://www.financialexpress.com/industry/sme/walmart-flipkart-sign-mou-with-telangana-govt-to-help-msmes-sell-goods-online/3187392/ Under the MoU, Walmart will offer support to MSMEs to digitise their businesses and fuel capacity building for the state of Telangana.

Razorpay launches MoneySaver Export Account for SMEs to offer 50% savings on international bank transfers | The Financial Express

https://www.financialexpress.com/industry/sme/razorpay-launches-moneysaver-export-account-for-smes-to-offer-50-savings-on-international-bank-transfers/3187400/ Clipped from: https://www.financialexpress.com/industry/sme/razorpay-launches-moneysaver-export-account-for-smes-to-offer-50-savings-on-international-bank-transfers/3187400/ The facility allows exporters to open an account in any country (out of more than 160 countries) and receive payments locally via the

Highest number of MSME shutdowns and new registrations seen in post-Covid FY23 – The Hindu BusinessLine

https://www.thehindubusinessline.com/economy/highest-number-of-msme-shutdowns-and-new-registrations-seen-in-post-covid-fy23/article67118594.ece Clipped from: https://www.thehindubusinessline.com/economy/highest-number-of-msme-shutdowns-and-new-registrations-seen-in-post-covid-fy23/article67118594.ece About 25,000 MSMEs downed their shutters in the past 3 years Nearly 25,000 units in the micro, small and medium enterprise (MSME) segment in

78% of India’s handmade MSMEs struggle to access working capital, hindering cultural economy growth: Report | The Financial Express

https://www.financialexpress.com/industry/sme/msme-fin-78-of-indias-handmade-msmes-struggle-to-access-working-capital-hindering-cultural-economy-growth-report/3174788/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-78-of-indias-handmade-msmes-struggle-to-access-working-capital-hindering-cultural-economy-growth-report/3174788/ Credit and Finance for MSMEs: A financial literacy gap has emerged as another key barrier to financing. Fifty-five per cent of HCMs

Easy credit access for MSMEs at lower interest rates need of the hour: FICCI manufacturing survey | The Financial Express

https://www.financialexpress.com/industry/sme/easy-credit-access-for-msmes-at-lower-interest-rates-need-of-the-hour-ficci-manufacturing-survey/3174051/ Clipped from: https://www.financialexpress.com/industry/sme/easy-credit-access-for-msmes-at-lower-interest-rates-need-of-the-hour-ficci-manufacturing-survey/3174051/ Credit and finance for MSMEs: The average interest rate paid by manufacturers remained more and less the same as last quarter at

👍यवतमाळमध्ये लघु उद्योग अर्थसहाय्य योजनेत कोट्यवधींचा अपहार; लिपिकासह ६ उद्योजकांवर गुन्हे दाखल – yavatmal Maharashtra Times

https://maharashtratimes.com/maharashtra/yavatmal/case-filed-against-6-entrepreneurs-including-clerk-for-defrauding-govt-in-yavatmal/articleshow/100897135.cms Clipped from: https://maharashtratimes.com/maharashtra/yavatmal/case-filed-against-6-entrepreneurs-including-clerk-for-defrauding-govt-in-yavatmal/articleshow/100897135.cms Yavatmal News : लघु उद्योगासाठी सरकारने जाहीर केलेल्या अर्थसहाय योजनेत बनावट दस्तावेज तयार करून सरकारची फसवणूक केल्याची घटना घडली आहे. याप्रकरणी लिपिकासह

Startups in India to grow tenfold in next 4-5 years: Union MoS Rajeev Chandrasekhar – The Hindu BusinessLine

Clipped from: https://www.thehindubusinessline.com/economy/startups-in-india-to-grow-tenfold-in-next-4-5-years-union-mos-rajeev-chandrasekhar/article67089204.ece?cx_testId=28&cx_testVariant=cx_1&cx_artPos=0&cx_experienceId=EX5KXF1FQK61#cxrecs_s The Minister, who engaged with industry leaders and aspiring young entrepreneurs, spoke of India’s “transformative” journey under PM Modi Hailing India’s remarkable progress

Four questions any start-up must answer honestly – The Hindu BusinessLine

https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/four-questions-any-start-up-must-answer-honestly/article67086785.ece lipped from: https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/four-questions-any-start-up-must-answer-honestly/article67086785.ece Why finding a ‘product-market fit’ is critical to a start-up’s success and how to go about it K Vaitheeswaran, serial entrepreneur At

Government sets up Advisory Council for ONDC project – The Hindu BusinessLine

https://www.thehindubusinessline.com/news/national/government-sets-up-advisory-council-for-ondc-project/article35153498.ece Clipped from: https://www.thehindubusinessline.com/news/national/government-sets-up-advisory-council-for-ondc-project/article35153498.ece Panel comprising Nilekani, Zainulbhai, Anjali Bansal, R S Sharma to give suggestions on fast adoption of the initiative The Centre has set

Google to launch accelerator program for ONDC – The Hindu BusinessLine

https://www.thehindubusinessline.com/info-tech/google-to-launch-accelerator-program-for-ondc/article67019033.ece Clipped from: https://www.thehindubusinessline.com/info-tech/google-to-launch-accelerator-program-for-ondc/article67019033.ece Google Cloud is also introducing a start-up credits program where organisations that enable ONDC are eligible to apply for a $25,000 grant. 

Exempt small suppliers making inter-state supplies on E-commerce from GST registration: GTRI | The Financial Express

https://www.financialexpress.com/industry/sme/msme-eodb-exempt-small-suppliers-making-inter-state-supplies-on-e-commerce-from-gst-registration-gtri/3164761/ Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-exempt-small-suppliers-making-inter-state-supplies-on-e-commerce-from-gst-registration-gtri/3164761/ Ease of Doing Business for MSMEs: The GST Council has already exempted small businesses that make intra-state supplies through e-commerce platforms from

Udyam and CGTMSE collaborate to exchange MSME data | The Financial Express

https://www.financialexpress.com/industry/sme/msme-eodb-udyam-and-cgtmse-collaborate-to-exchange-msme-data/3163451/ Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-udyam-and-cgtmse-collaborate-to-exchange-msme-data/3163451/ Ease of Doing Business for MSMEs: Both platforms will share the data with each other using API (Application Programming Interface) integration, which

Why 73,576 MSMEs have cancelled their Udyam licenses? Check here | The Financial Express

https://www.financialexpress.com/industry/sme/msme-eodb-why-73576-msmes-have-cancelled-their-udyam-licenses-check-here/3035328/ Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-why-73576-msmes-have-cancelled-their-udyam-licenses-check-here/3035328/ Ease of doing business for MSMEs: The total cancellation count was only 0.43 per cent of 1.67 crore MSMEs registered on the

‘The solution to rural prosperity is entrepreneurship at scale’ | The Financial Express

https://www.financialexpress.com/industry/sme/msme-eodb-the-solution-to-rural-prosperity-is-entrepreneurship-at-scale/3161011/ Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-the-solution-to-rural-prosperity-is-entrepreneurship-at-scale/3161011/ Ease of doing business for MSMEs: The lever to create jobs lies in mass entrepreneurship or widespread entrepreneurship. It means the growth

Embedded finance platform MyShubhLife partners with PayWorld for credit to retail merchants | The Financial Express

https://www.financialexpress.com/industry/sme/msme-fin-embedded-finance-platform-myshubhlife-partners-with-payworld-for-credit-to-retail-merchants/3159547/ Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-embedded-finance-platform-myshubhlife-partners-with-payworld-for-credit-to-retail-merchants/3159547/ Credit and finance for MSMEs: The company said it will leverage the “vast retailer base” of PayWorld to provide merchants with flexible

‘Rapid adoption of Account Aggregator network signals new era in financial inclusion, especially for MSMEs’ | The Financial Express

https://www.financialexpress.com/industry/sme/msme-eodb-rapid-adoption-of-account-aggregator-network-signals-new-era-in-financial-inclusion-especially-for-msmes/3140625/ Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-rapid-adoption-of-account-aggregator-network-signals-new-era-in-financial-inclusion-especially-for-msmes/3140625/ Ease of doing business for MSMEs: While there is rapid growth with the AA network, the key challenge here especially for the

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