Clipped from: https://www.thehindubusinessline.com/economy/policy/msmes-need-more-support-speedy-relief-parliamentary-panel-to-centre/article35568684.ece Larger package will spur demand, investment, exports and jobs, it says The Industry Standing Committee of Parliament, headed by TRS leader K Keshava
Category: MSME-Startup
MSME: To strengthen TReDS, Factoring Amendment Bill passed by Lok Sabha – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/to-strengthen-treds-factoring-amendment-bill-passed-by-lok-sabha/articleshow/84783038.cmsSynopsis Finance minister Nirmala Sitharaman said that the government had also accepted the recommendations by the Standing Committee which had looked into the Bill
NSIC’s credit assistance to MSMEs for raw material procurement jumps 10% to over Rs 65 crore in FY21 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-nsics-credit-assistance-to-msmes-for-raw-material-procurement-jumps-10-to-over-rs-65-crore-in-fy21/2298603/ Credit and Finance for MSMEs: Karnataka led the state-wise assistance under the RMA scheme in FY21 with Rs 26.81 crore provided to SC/ST
HDFC Bank launches up to Rs 10 lakh overdraft facility for shopkeepers, merchants to ease cash crunch – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-hdfc-bank-launches-up-to-rs-10-lakh-overdraft-facility-for-shopkeepers-merchants-to-ease-cash-crunch/2298139/ Credit and Finance for MSMEs: HDFC Bank will approve an overdraft limit from a minimum of Rs 50,000 to a maximum of Rs
Covid 2nd wave to have more lasting damage on Indian economy, exports key for recovery: Moody’s Analytics – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/covid-2nd-wave-to-have-more-lasting-damage-on-indian-economy-exports-key-for-recovery-moodys-analytics/articleshow/84761874.cmsSynopsis In its report titled ‘APAC Economic Outlook: The Delta Roadblock’, it said that social distancing is weighing on the current quarter but economic
What to do if you have defaulted on a home loan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/borrow/what-to-do-if-you-have-defaulted-on-a-home-loan/articleshow/84704041.cmsSynopsis In case the bank decides to name the borrowers as defaulters, it will then send a full and final 60 days’ notice under
Revitalizing MSME financing: COVID and beyond – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/revitalizing-msme-financing-covid-and-beyond/articleshow/84700269.cmsSynopsis Although the pandemic has affected firms of all sizes, but SMEs have been more vulnerable. Access to finance is a key constraint to
The new moneylenders! Not just banks, look who is into lending money online now – The Financial Express
Clipped from: https://www.financialexpress.com/money/the-new-moneylenders-not-just-banks-look-who-is-into-lending-money-online-now/2297761/ The new moneylenders are smart. They are millennials, not banks, armed not with complex rule books but gadgets – smartphones or computers –
Top things you should know before co-applying for a home loan – The Financial Express
Clipped from: https://www.financialexpress.com/money/top-things-you-should-know-before-co-applying-for-a-home-loan/2297717/ It is important to understand whether one should apply for a home loan with a co-applicant or as the sole applicant. Co-applicants can
Mortgage Loan: Default risk and pre-payment speed – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-mortgage-loan-default-risk-and-pre-payment-speed/2296635/ The most uncertain part of a mortgage loan is the rate of pre-payment The most uncertain part of a mortgage loan is the
Banker’s Trust: Tamal Bandyopadhyay on the facts and fiction of Mudra loans | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/facts-and-fiction-of-mudra-loans-121072500861_1.html Do we need yet another refinance agency? No one will shed a tear if Mudra is given a decent burial Bharatiya Mahila Bank
E-commerce sellers’ lobby ISC urges Narayana Murthy to end partnership with Amazon for Cloudtail India – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-e-commerce-sellers-lobby-isc-urges-narayana-murthy-to-end-partnership-with-amazon-for-cloudtail-india/2293408/ Ease of Doing Business for MSMEs: Cloudtail is a joint venture of Narayana Murthy’s family office Catamaran Ventures and Amazon India. “Just for
Revitalizing MSME financing: COVID and beyond – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/revitalizing-msme-financing-covid-and-beyond/articleshow/84700269.cmsSynopsis Although the pandemic has affected firms of all sizes, but SMEs have been more vulnerable. Access to finance is a key constraint to
E-commerce deserves a better deal – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/e-commerce-deserves-a-better-deal/article35473357.ece?homepage=true The proposed rules will impose an onerous burden, stifle this nascent sector, hit MSMEs hard and impact consumers The stated goal of the
Small Business, Big Stress – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/industry/story/small-business-big-stress-301992-2021-07-22 Government relief measures for MSMEs have benefited only a few players. A large number may be unable to survive the pandemic The last
Restructured MSME loan accounts worth over Rs 55k crore by PSBs double in 18 months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-restructured-msme-loan-accounts-worth-over-rs-55k-crore-by-psbs-double-in-18-months/2295763/ Credit and Finance for MSMEs: To provide resolution to the Covid-19 related stress of MSMEs, the RBI had extended the facility for restructuring existing
Govt includes retail and wholesale trade under MSME category – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/govt-includes-retail-and-wholesale-trade-under-msme-category/article35465489.ece?homepage=true Narayan Rane, former CM, Maharashtra Narayan Rane, former CM, Maharashtra× Narayan Rane, Minister for MSME, has in a written reply informed in the
Microfinance 2.0: To make microfinance regulation better – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/microfinance-2-0-to-make-microfinance-regulation-better/2295124/ From a larger role for self-Regulatory organisations to a revision of the household-income ceiling, there are a host of measures that can help
India’s jobs and skills conundrum – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/r-srinivasan/indias-jobs-and-skills-conundrum/article35450996.ece Worrying signs There is an alarming gap between jobs and skills – Bijoy Ghosh Worrying signs There is an alarming gap between jobs
Ease vs cost of doing business in India | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/ease-vs-cost-of-doing-business-in-india-121072200013_1.html Business index rankings have become a substitute for addressing the fundamental constraints faced by entrepreneurs India improved its global rank in the World
