Clipped from: https://www.thehindubusinessline.com/companies/msme/small-businesses-face-brunt-of-covid-second-wave/article35183838.ece?homepage=true Many look to adopt digital modes, some take fresh loans Small businesses are looking at new ways to survive amidst the economic distress
Category: MSME-Startup
‘MSMEs are engines of growth’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/msmes-are-engines-of-growth/article35200392.ece?homepage=true Webinar series by Sundaram Finance and MSME DI to promote Udyam registration kicks off Sundaram Finance and MSME Development Institute (MSME DI) –
Second wave of the Covid-19 pandemic throws auto SMEs out of gear | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/second-wave-of-the-covid-19-pandemic-throws-auto-smes-out-of-gear-121070601510_1.html Hope rests on exports and festive season accelerating recovery Maharashtra accounts for close to 20 per cent of India’s total vehicle production, and
Ecommerce Rules: MSMEs urge Prime Minister Modi to reconsider proposed e-commerce rules – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-urge-prime-minister-modi-to-reconsider-proposed-e-commerce-rules/articleshow/84192850.cmsSynopsis India SME Forum, which has more than 86,000 members from about 270 different industries, has pleaded the PM to save the MSME sector
Setback for MSMEs, state-run companies hesitant of adopting TReDS despite govt diktat – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/state-run-companies-hesitant-of-adopting-treds-despite-govt-diktat/articleshow/84185564.cmsSynopsis At the heart of the problem is the pace at which CPSEs approve invoices, said Sundeep Mohindru, the chief executive officer of M1Xchange,
‘At least 20-25% of MSMEs in Karnataka have shut’ | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/at-least-20-25-of-msmes-in-karnataka-have-shut-1005353.htmlK B Arasappa The second wave of Covid-19 dealt a deadly blow to the micro, small and medium-scale industries as they face myriad crises
MSME Associations worry over Gadkari’s move to include retailers and traders in MSME sector – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-associations-worry-over-gadkaris-move-to-include-retailers-and-traders-in-msme-sector/2284292/ Ease of Doing business for MSMEs: MSME associations have expressed their concern about the expansion of MSME definition fearing dilution of the sector
Gold loans — a win-win for banks, customers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/gold-loans-a-win-win-for-banks-customers/article35137763.ece?homepage=true Banks witnessed spectacular growth in this portfolio in FY21 after the Covid outbreak, but will this continue in FY22 too? Loans against gold
A call to preserve the ‘value’ of MSMEs at any cost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/a-call-to-preserve-the-value-of-msmes-at-any-cost/article35137739.ece A 12-point agenda that could form the basis for a genuine and whole-hearted approach to support such units Swaminathan Gurumurthy, member of the
exports: India’s exports have an ‘aatmanirbharta’ problem: It doesn’t have enough shipping containers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indias-exports-have-an-aatmanirbharta-problem-it-doesnt-have-enough-shipping-containers/articleshow/83974755.cms SynopsisIndia, a net importer, has always wanted to export more. When it finally happened, albeit for a brief period, industry didn’t have containers
Despite recast, significant stress seen among MSMEs – RBI – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/despite-recast-significant-stress-seen-among-msmes-rbi/articleshow/84056101.cmsSynopsis “Despite the restructuring, however, stress in the MSME portfolio of PSBs remains high,” the regulator noted. “While PSBs have actively resorted to restructuring
MSME Minister Gadkari: Retailers and traders to be included under the MSME sector – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-minister-gadkari-retailers-and-traders-to-be-included-under-msme-sector/2282687/ Ease of Doing business for MSMEs: Wholesale and retail trading activities were earlier classified as MSMEs but a gazette notification dated June 2017
The economics of loan guarantees – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/the-economics-of-loan-guarantees/2282335/ The Centre’s credit guarantee scheme pushes down the interest rates on savings as also PSBs’ interest income Now, guarantees have been going out
MSME, retail NPAs may rise as relief measures get wound down – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/msme-retail-npas-may-rise-as-relief-measures-get-wound-down/article35084911.ece?homepage=true Urges banks to use favourable market conditions to shore up capital position The Reserve Bank of India on Thursday cautioned that banks face
Nitin gadkari: Gadkari says GST was ‘very essential’, sees ‘room for improvement’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gadkari-says-gst-was-very-essential-sees-room-for-improvement/articleshow/84017775.cmsSynopsis The minister said when MSMEs bill any material and give them to firms, then it remains the responsibility of MSMEs that whether they
Onus on banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/onus-on-banks/article35023455.ece?homepage=true Renewed credit push to informal sector welcome, but banks need to shed conservatism for the proposals to work The Centre’s credit-driven push to
The post-Covid economy | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-post-covid-economy-121062801507_1.html There is a strong case for the government to shift its attention from the economy to public service management The Indian economy has clearly fallen
The credit push | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/the-credit-push-121062801488_1.html Relief package is well-intentioned but won’t move the needle much Union Finance Minister Nirmala Sitharaman on Monday announced another set of measures to provide relief
Large part of FM’s stimulus package will work only in medium-term | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/large-part-of-fm-s-stimulus-package-will-work-only-in-medium-term-121062800965_1.html The government and the central bank’s credit measures appear to show India has gotten its priorities against a possible third wave of Covid-19.
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/msme-minister-gadkari-announces-integration-of-udyam-with-cscs-a-dashboard-to-monitor-schemes/2280190/ Ease of Doing Business for MSMEs: Minister for MSME Nitin Gadkari said there is a need to focus on all-round efforts for the
