Clipped from: https://indianexpress.com/article/opinion/columns/p-chidambaram-writes-fasten-your-seat-belt-9650431/ Inflation is not yet on the path toward the target rate of 4 per cent. Food and fuel prices complicate matters. Both do
Category: MSME-Startup
👌DGFT: Exporters claiming RoDTEP benefits to file annual return – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-dgft-exporters-claiming-rodtep-benefits-to-file-annual-return-3648312/ The requirement to file the annual return is initially for exporters whose total RoDTEP claim exceeds Rs 1 crore in a financial year
👌Interest Equalisation Scheme for exporters: Check online application process, fee, documents required – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-interest-equalisation-scheme-for-exporters-check-online-application-process-fee-documents-required-3648561/ Earlier this month, the Directorate General of Foreign Trade (DGFT) had extended the scheme for three months from September 30 to December 31, 2024,
👌Mudra Yojana: FinMin notifies increase in loan limit to Rs 20 lakh for micro, small enterprises – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-mudra-yojana-finmin-notifies-increase-in-loan-limit-to-rs-20-lakh-for-micro-small-enterprises-3649371/ In a notification on Thursday, the ministry said it has added a new category Tarun Plus for loans above Rs 10 lakh and
👌MSME loan in 59 minutes: Apply for Rs 5 crore loan online; check step-by-step process – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-msme-loan-in-59-minutes-apply-for-rs-5-crore-loan-online-check-step-by-step-process-3649543/ The PSB Loans in 59 Minutes enables in-principle approval to a loan application within 59 minutes. While the loan offering is collateral-free, it
👌How India can create a level playing field for e-commerce exporters? – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme-explained-how-india-can-create-a-level-playing-field-for-ecommerce-exporters-3650350/ As India aspires to expand its global footprint, particularly with the added advantage of a favourable exchange rate, it is crucial to create
👌👌👌Tata Power Renewable, IndusInd Bank partner to finance solar projects | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/tata-power-renewable-indusind-bank-partner-to-finance-solar-projects-124102900748_1.html This alliance will provide MSEs with collateral-free solar financing, by offering loans ranging from Rs 10 lakh to Rs 2 crore, Tata Power
Govt working on revamped interest subvention scheme for exporters | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/govt-working-on-revamped-interest-subvention-scheme-for-exporters-124102700352_1.html IES is an interest subvention scheme, under which benefits in the interest rates charged by the banks are given to the exporters on
👌👌👌👌👌New ‘Tarun Plus’ loan category launched by FinMin under Mudra scheme, loans up to ₹20 lakh – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/new-tarun-plus-loan-category-launched-by-finmin-under-mudra-scheme-loans-up-to-20-lakh/article68794543.ece This initiative aligns with the Finance Minister’s budget announcement to raise the loan limit under the Mudra Scheme from ₹10 lakhs to ₹20
👌👌👌FinMin to review public sector banks co-lending, MSME credit | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/on-the-table-finmin-to-review-public-sector-banks-co-lending-msme-credit-124102401252_1.html DFS secy M Nagaraju to chair meeting on November 5 Representational Image Listen to This Article Department of Financial Services (DFS) Secretary M
Decreased leverage: Debt/equity for listed SMEs at lowest in years
Clipped from: https://www.business-standard.com/markets/news/debt-equity-for-listed-small-and-medium-enterprises-at-lowest-in-years-124102300783_1.html Part-II of the series examines the improving balance sheets of SME-listed companies and their relatively conservative approach to debt after Covid-19 Listen to
👌👌👌👌👌RBI’s ‘TReDS’ platform bridging $600 bn funding gap for smaller firms | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/rbi-s-treds-platform-bridging-600-bn-funding-gap-for-smaller-firms-124102201091_1.html Trade Receivables Discounting System (TReDS) introduced about a decade ago by the Reserve Bank of India has seen the engineering company’s cost of
👌👌👌👌👌👌👌SMEs have rebounded post-Covid, but urgent challenges are threatening India’s growth momentum – BusinessToday
Clipped from: https://www.businesstoday.in/magazine/cover-story/story/smes-have-rebounded-post-covid-but-urgent-challenges-are-threatening-india-s-growth-momentum-438706-2024-07-25 Small and medium enterprises are starting to turn a corner after the Covid-19 pandemic. But the challenges they face need to be addressed
Credit for exporters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/credit-for-exporters/article68702541.ece Interest Equalization Scheme must be extended India’s exports touched a record $776 billion in 2022-23, almost double the figures from 2013-14. Despite this
Extension of Interest Equalisation Scheme for Exports up to 31.12.2024
Read more at: https://taxguru.in/dgft/extension-interest-equalisation-scheme-exports-31-12-2024.htmlCopyright © Taxguru.in Clipped from: https://taxguru.in/dgft/extension-interest-equalisation-scheme-exports-31-12-2024.html Directorate General of Foreign Trade (DGFT) has announced an extension of the Interest Equalisation Scheme (IES) for Pre
MSMEs recovering from Covid see 10% YoY growth in sales: Report – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme/msmes-recovering-from-covid-see-10-per-cent-sales-u-gro-capital-dun-and-bradstreet-covid-recovery-nbfc-working-capital/3616961/ The MSME Sampark report 2024 by MSME-focused NBFC UGRO Capital and Dun & Bradstreet studied the MSME sample across seven sectors. The report
100 days of Modi 3.0: What’s in it for women entrepreneurs? – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme/100-days-of-modi-govt-lakhpati-didi-mudra-loan-msme-ministry-information-and-broadcasting-ministry/3615929/ According to the official data, 39 per cent of micro, small and medium-sized enterprises registered with the MSME Ministry are women-owned in India.
CGTMSE guarantee coverage for women MSMEs increased to 90%: MSME Ministry – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme/cgtmse-guarantee-coverage-for-women-msmes-increased-to-90-per-cent-msme-ministry-jitan-ram-manjhi/3613659/ The scheme was extended to women-owned MSEs in December 2022 to provide credit guarantee of 85 per cent for loans up to Rs
Small Businesses generate 35 mn job applications till Aug 2024: Report – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme/small-businesses-generate-35-mn-job-applications-till-aug-2024-report/3614305/ Notably, over 55 per cent of total job applications for SMB roles came from tier-2 and tier-3 cities like Jaipur, Indore, Ahmedabad, Lucknow,
Govt caps interest subvention amount at Rs 5 crore per IEC for MSME manufacturers – SME News | The Financial Express
Clipped from: https://www.financialexpress.com/business/sme/govt-caps-interest-subvention-amount-at-rs-5-crore-per-iec-for-msme-manufacturers/3614762/ In a trade notice on September 17, the Directorate General of Foreign Trade (DGFT) announced the amendment under the Interest Equalisation Scheme (IES)