CRISIL expects the export incentives announced by the government in December 2018 to materially benefit the readymade garments (RMG) segment. In fiscal 2018, the segment housed about 37,400
Category: SME
Unemployment in India: Energising SMBs can be the answer to the employment problem – The Financial Express
By Ajay Kela Small and medium businesses (SMBs) are critical to every economy. In developing nations, with few conglomerates, SMBs can be the lifeblood of
Standard Chartered to set up a digital SME platform in India – The Economic Times
The technology platform will provide a data-driven ‘digital only’ experience to SMEs, supported by artificial intelligence and machine learning. To help Small and Medium Enterprises
crowdfunding: India should take its time to evolve policies on equity crowdfunding: Crowdera’s Chet Jain – The Economic Times
“Our goal is – whatever money can buy, how do we get those things to the startups,” he said. Started in November 2014 by Chet Jain and Chaitanya
MSMEs: Treading the right path: For cash-starved businesses, TReDS can be an invaluable lifeline – The Economic Times
The enthusiasm seems to have caught on going by the increasing numbers of players coming on board every other day on these platforms. Sample this.
Kotak Mahindra Bank joins ‘PSB Loans in 59 Minutes’ – The Economic Times
Online PSB Loans Limited and Kotak Mahindra Bank (Kotak) today announced that Kotak is the first private sector bank to join the platform – psbloansin59minutes.com. Kotak will offer loans up to
MSME sector added up to 14.9 million jobs per annum in last four years, claims CII survey – The Economic Times
The survey, however, points out the need for greater hand-holding of those MSMEs who are currently not using these initiatives to help them gain from
Scaling small businesses with alternative finance – The Economic Times
By M Jayadev Lack of access to finance is the most widely cited constraint by SMEs for growth and scaling up business. Generally commercial banks
Starting a business? Avoid these common mistakes – The Economic Times Video | ET Now
Are you an entrepreneur who is planning to start a business? Here is a six-point guide you should follow to avoid common mistakes. Emandi Sankara
SMEs: New e-commerce framework: A silver lining for SMEs, poses some challenges – The Economic Times
By Nishtha Mehta & Karen Issac In March 2016, the Government of India first permitted 100% Foreign Direct Investment (FDI) under automatic route subject to
SME Corner gets Rs 90 crore in equity, debt – The Economic Times
Mumbai-based digital lending startup SME Corner has raised Rs 90 crore in fresh funding in a mix of debt and equity. While Rs 35 crore of equity
Amazon, Flipkart linkage with small traders necessary for e-commerce growth: Amitabh Kant – The Financial Express
Niti Aayog CEO Amitabh Kant today called for linkage between e-commerce giants Amazon and Flipkart, and small traders for e-commerce growth. Amitabh Kant was speaking at an event organised by traders’ body Confederation
Co-working spaces can help MSMEs grow business | Business Standard News
Two-thirds of the micro, small and medium enterprises (MSMEs) rated by CRISIL operate from non-metros and smaller cities/towns such as Guntur, Gulbarga, Guna and Guwahati — this, despite the
Need to work on access to finance for smaller firms says CEA – The Hindu BusinessLine
The proportion of credit that has flown to larger firms in Indian economy has increased from 69 per cent to 82 per cent between 2007
Decoding the Ordinance on unregulated deposit schemes – The Hindu BusinessLine
The recently-promulgated Banning of Unregulated Deposit Schemes Ordinance 2019 ruffled a few feathers with news reports and legal experts expressing concerns over how the ordinance
MSMEs present an additional $70 bn lending opportunity to banks – The Economic Times
In January, the Reserve Bank had announced restructuring of MSME accounts under Rs 25 crore that have become stressed. The micro, small and medium enterprises
facebook: Facebook powering small business to access markets, says India head – The Economic Times
Social networking giant Facebook is powering small business across the country by providing tools on its platforms to access markets, which otherwise can’t find the supply chain and
GST: A perfect tool for SME growth – The Economic Times
By Praveen Kutty The Government of India commemorated July 1, 2018 — the first anniversary of the Goods and Services Tax — as GST Day. During the past year, the government earned an
MSME sector picks up: Demonetisation impact fades as manufacturing, services performance improves, says survey – The Financial Express
The MSME sector is expected to remain upbeat in the next quarter as well, the survey also added. Even as headwinds including NBFC liquidity crunch
GST: Ice cream, tobacco, pan masala to be excluded from higher threshold limit – The Hindu BusinessLine
Entities engaged in businesses of ice cream, pan masala and tobacco will not be eligible for the proposed higher threshold limit for mandatory registration and
