lipped from: https://economictimes.indiatimes.com/epaper/delhicapital/2022/dec/15/et-mkts/msmes-big-capex-push-accounts-for-50-of-new-loans/articleshow/96235228.cms Synopsis Indian lenders are witnessing a revival of capital expenditure in the MSME segment, with up to 50% of fresh advances to this
Category: MSME-Startup
NITI Aayog launches revamped Women Entrepreneurship Portal to onboard 2.5 lakh women entrepreneurs | The Financial Express*****
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-niti-aayog-launches-revamped-women-entrepreneurship-portal-to-onboard-2-5-lakh-women-entrepreneurs/2911927/ Technology for MSMEs: WEP was conceived in 2017 to boost the ecosystem for women entrepreneurship in India by aggregating key stakeholders and resolving
45% jump in FY22 credit to women-led MSMEs from pre-Covid level by public sector banks: RBI data | The Financial Express*
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-45-jump-in-fy22-credit-to-women-led-msmes-from-pre-covid-level-by-public-sector-banks-rbi-data/2911991/ Credit and finance for MSMEs: The amount increased from Rs 5.76 lakh crore in FY20 to Rs 7.31 lakh crore in FY21 and
Nearly 8,000 MSMEs shut in FY23 so far: Govt data | The Financial Express*
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-nearly-8000-msmes-shut-in-fy23-so-far-govt-data/2910458/ Ease of doing business for MSMEs: The number of MSMEs recording a decline in their turnover compared to the previous financial year and
MSMEs to pay more for Gmail as Google changes policy | The Financial Express***
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-msmes-to-pay-more-for-gmail-as-google-changes-policy/2634947/ Technology for MSMEs: MSMEs will be forced to get 2 TB storage as Google removed the option of upgrading to a 100 GB
Government may consider extending the repayment period under ECLGS: FIEO | The Financial Express*
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-government-may-consider-extending-the-repayment-period-under-eclgs-fieo/2636764/ Credit and Finance for MSMEs: The extension will reduce the repayment burden on the enterprises as businesses are again facing headwinds, says FIEO
Rationalizing compliances, imprisonment clauses must for ease of doing business among MSMEs | The Financial Express***
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-rationalizing-compliances-imprisonment-clauses-must-for-promoting-ease-of-doing-business-for-msmes/2908073/ Ease of doing business for MSMEs: For MSMEs, the move to decriminalize business statutes is even more significant. Due to their size and
Small companies have a new definition. Will it help? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/small-companies-have-a-new-definition-will-it-help/articleshow/94978354.cms In the recent past, the Ministry of Corporate Affairs (MCA) has taken several measures towards ease of doing business by announcing various circulars and amendments
From zero to Rs 60k crore in a decade: Through SME IPOs, small businesses are raising big money – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/from-zero-to-rs-60k-crore-in-a-decade-through-sme-ipos-small-businesses-are-raising-big-money/articleshow/96074273.cms SynopsisThough the world is seeing multiple turmoil, some of India’s small businesses remain undeterred about taking the plunge into the listing pool. October
Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister –Courtesy Economic Times
Govt taking steps to make Indian MSMEs stronger, globally competitive: Minister https://economictimes.indiatimes.com/small-biz/sme-sector/govt-taking-steps-to-make-indian-msmes-stronger-globally-competitive-minister/articleshow/96018356.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
ICICI Lombard announces ‘bancassurance’ tie-up with AU Small Finance Bank | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-icici-lombard-announces-bancassurancetie-up-with-au-small-finance-bank/2901557/ Credit and finance for MSMEs: ICICI Lombard said its general insurance’s suite of products will be offered across over 980 banking touchpoints of
Mobicule: Making debt collection friendly | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/mobicule-making-debt-collection-friendly/2900429/ This fintech startup wants to reduce friction points for BFSI sector Siddharth Agarwal, founder and managing director, Mobicule Started as an enterprise mobility
Accelerating credit flow to MSMEs essential to $5 trillion economy dream by 2025: KPMG report –Courtesy Financial Express
https://www.financialexpress.com/industry/sme/msme-fin-accelerating-credit-flow-to-msmes-essential-to-5-trillion-economy-dream-by-2025-kpmg-report/2893577/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/sFcDdXc6yV7ZbJHh9
Plan to cater to SMEs, says Pine Labs’ Online and Omnichannel Business Head –Courtesy Financial Express
https://www.financialexpress.com/industry/sme/plan-to-cater-to-smes-says-pine-labs-online-and-omnichannel-business-head/2893744/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/iXa61HXf6EfnGn41A
Udyam registration to be mandatory for MSMEs seeking credit guarantee cover under CGTMSE –Courtesy Financial Express
https://www.financialexpress.com/industry/sme/msme-fin-fe-exclusive-udyam-registration-to-be-mandatory-for-msmes-seeking-credit-guarantee-cover-under-cgtmse/2894588/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/WWr3wtHGQHn5cbAt9
Govt looks to shop more from MSMEs; seeks suggestions on items to be reserved for purchase — Courtesy Financial Express
https://www.financialexpress.com/industry/sme/msme-eodb-govt-looks-to-shop-more-from-msmes-seeks-suggestions-on-items-to-be-reserved-for-purchase/2895833/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/7uAZVu1v23aKWtdj6
Small firms may be allowed to merge PF, pension payments — Courtesy Economic Times
Small firms may be allowed to merge PF, pension payments https://economictimes.indiatimes.com/news/economy/policy/small-firms-may-be-allowed-to-merge-pf-pension-payments/articleshow/95837083.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
50% of micro firms had no coping strategies, 40% denied loans during pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/road-to-recovery-examining-the-impact-of-covid-19-on-indias-microbusinesses/articleshow/95618981.cms Synopsis The study conducted over 2020 and 2021 in two rounds, each across 1955 micro businesses, pointed out that over 50% of enterprises
