Clipped from: https://www.thehindubusinessline.com Rahul Wadke Mumbai, June 26 The Maharashtra Government at a cabinet meeting has decided to set up a special cell in the Maharashtra
Category: MSME-Startup
India needs to turn Covid into an opportunity for MSMEs to flourish – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ View: India needs to turn Covid into an opportunity for MSMEs to flourish Even pre-pandemic and lockdown(s), MSMEs were plagued by low competitiveness.
Apparel companies urge govt to expedite clearance of consignments from China – The Economic Times
Clipped from: https://economictimes.indiatimes.com In a letter to the finance ministry, the Apparel Export Promotion Council said “the situation at all airports and seaports is precarious as
EMI Moratorium: Banks a tad cautious in round two – status so far – The Financial Express
Clipped from: https://www.financialexpress.com Bank of India, which has provided a moratorium to 41% of its customers, said borrowers are choosing to pay up. By Ankur Mishra
What Rs 50,000-crore MSME Fund can learn from its start-up sister | Business Standard News
Clipped from: https://www.business-standard.com The Rs 50,000-crore MSME fund of funds has an uphill task ahead, but there’s plenty it can learn from problems with the Rs
MSMEs can play a major role in making local products popular – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com Major hurdles Delay in approvals and lack of access to technology are some of the challenges faced by small and medium units –
‘Access to funds a major challenge for MSMEs’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com International MSME Day 2020 is more of a sombre occasion requiring introspection instead of celebration. The pandemic has thrown the world economy into
MSME sector gets another push from govt; distressed MSMEs to get Rs 20,000 cr guarantee cover – The Financial Express
Clipped from: https://www.financialexpress.com India’s distressed MSME sector got another push from the government today with the launch of a Credit Guarantee Scheme to help the country’s
One-time loan recast for India Inc may come up at Friday’s RBI board meet | Business Standard News
Clipped from: https://www.business-standard.com The virtual meeting of the central board will be its first since the outbreak of Covid-19 Finance Minister Nirmala Sitharaman said on Thursday
FIEO: A blanket ban on Chinese goods not in the best interest of India, calibrated, well-thought-out strategy needed: FIEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com Ever since 20 Indian soldiers died and more than 70 were injured in a clash with Chinese troops in Ladakh’s Galwan area, there
Managing bad loans | Business Standard Editorials
Clipped from: https://www.business-standard.com Bank balance sheets would need to be quickly repaired The economic disruption caused by Covid-19 is likely to push up non-performing assets (NPAs)
With losses of Rs 1,000 crore a day during lockdown, the auto component sector is hammered by the pandemic – The Economic Times
Clipped from: https://economictimes.indiatimes.com/ With losses of Rs 1,000 crore a day during lockdown, the auto component sector is hammered by the pandemic The auto industry pinned
Large corporations hold back Rs 3.3 lakh crore payment to MSMEs: Study – The Economic Times
Clipped from: https://economictimes.indiatimes.com A research by rating agency Crisil, had earlier said the 5% contraction in the Indian economy wrought by the Covid-19 pandemic could lead
Betting on work-from-home for long term? 5 areas startups, MSMEs must focus on to make it effective – The Financial Express
Clipped from: https://www.financialexpress.com Technology for MSMEs: While the urgency of the situation demands a lot of actions that are reactive in nature, it is critical to
RBI may review extra-provisioning norms of June 7 circular | Business Standard News
Clipped from: https://www.business-standard.com Terms on upgrade of accounts also likely to be tweaked as the central bank’s June 7 circular may get a relook Well-placed sources
Loan moratorium: Let the banks decide on interest – The Financial Express
Clipped from: https://www.financialexpress.com SC wrong to say govt & RBI should fix issue of interest The Supreme Court (SC) has rightly ruled out the possibility of
Amazon gets 50,000 new sellers in January-June period – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com With consumers increasingly depending on online platforms to meet their needs, sellers are also signing up to make their products available to a
Credit growth will come from retail, MSMEs: SS Mallikarjuna Rao, PNB MD | Business Standard News
Clipped from: https://www.business-standard.com/ “MSMEs are working hard to come back to normalcy. We expect a robust comeback from them in October, particularly in some sectors” In
Skill India hasn’t yielded much to boost MSME labour output: Economist – The Financial Express
Clipped from: https://www.financialexpress.com Sharing similar views, executive vice-president (Wadhwani Advantage) of Wadhwani Foundation Samir Sathe stressed the need to strengthen SMEs to meet growing demand and
Supreme Court: Consider interest waiver during moratorium – The Financial Express
Clipped from: https://www.financialexpress.com Earlier, the RBI had also informed the SC that any “forced” interest waiver on loan moratorium will risk financial viability and hurt banks
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