Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/banks-sanction-rs-1-63-lakh-crore-to-42-lakh-msmes-under-credit-guarantee-scheme/articleshow/78088593.cmsSynopsis On the disbursement front, however, over Rs 1.18 lakh crore doled out to 25 lakh MSME units, till September 10, which were hit
Category: MSME-Startup
MSME Ministry: Government asks private sector to clear payments due to MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msme-ministry-asks-corporates-to-clear-dues-of-small-units-on-priority/articleshow/78103313.cmsSynopsis The ministry has also asked corporates to ensure that they are filing half-yearly returns as mandated by the Ministry of corporate affairs on
Villgro: Villgro announces upto Rs 10 crore funding through iPitch – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/villgro-announces-upto-rs-10-crores-funding-through-ipitch/articleshow/78105923.cmsSynopsis This year, iPitch is keen to fund women entrepreneurs. The selected enterprises will receive seed funding of upto Rs 2 crore, in the
RBI’s move to boost gold loans will help stressed SMEs and individuals. But risk management is key – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/economy-and-policy/rbis-move-to-boost-gold-loans-will-help-stressed-smes-and-individuals-but-risk-management-is-key/primearticleshow/77861445.cms Banking ✖ Getty ImagesLabourers pull agoods laden hand-cart past a branch of India’s second largest gold loan firm, Manappuram Finance, in Mumbai. SynopsisThe
Amazon: Does your business need Amazon and Flipkart to sell online? For many, it cuts both ways – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/does-your-business-need-amazon-and-flipkart-to-sell-online-for-many-it-cuts-both-ways/articleshow/77902991.cms SynopsisCovid-19 has fuelled the adoption of e-commerce among small businesses. However, the gains of selling on an ecommerce portal may be limited because
‘MSMEs must have contingency planning’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/msmes-must-have-contingency-planning/article31925864.ece X Arokianathan, Past Co-Convenor, MSME Panel, Confederation of Indian Industry-Tamil Nadu. X Arokianathan, Past Co-Convenor, MSME Panel, Confederation of Indian Industry-Tamil Nadu.× In
Maharashtra govt to set up special cell to assist financially-strained SME firms – The Hindu BusinessLine
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
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
