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Latest Articles in msme sector

Andhra CM Releases First Instalment Of Restart Package For MSME Sector

The first instalment would benefit nearly 98,000 units which employ more than 10 lakh people. During a video conference with District Collectors and entrepreneurs held here on Friday

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As FM Changes Definition Of MSME, Auto Industry Gives A Thumbs Up

Investment limit, which defined MSMEs, has been revised upwards. Additional criteria being brought in is turnover size - earlier differentiation between manufacturing and service MSMEs will be categorised similarly

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Expert Views: India Unveils $60 Billion Credit Line For Small Businesses, Lenders Hit By Lockdown

While India announced the loan package for small businesses, shadow banks and power companies as part of measures to combat the economic damage caused by the coronavirus pandemic, check how the industry reacted.

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Centre Should Bear 70 Pc Wage Bill Of MSME Sector: Congress

The party made the demand amid a 21-day lockdown in the country to prevent the spread of coronavirus. Vallabh said there are about 4.25 crore MSMEs in India as of 2019.

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Digital Architectures Expanding Reach Of Credit To Msmes: RBI Governor Das

Some lenders are collaborating with fin-tech companies to take advantage of such surrogate data for speedier credit underwriting for extending loans to the MSME sector.

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Survey Pins Hope On GST Revenue Collections To Rein In Fiscal Deficit

In 2019-20, the Centre's fiscal deficit was budgeted at Rs 7.04 lakh crore (3.3 per cent of GDP) as compared to Rs 6.49 lakh crore (3.4 per cent of GDP) in 2018-19.

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Government To Support MSME Sector For Creating New Jobs

It gave a detailed analysis of major measures undertaken to support the MSME sector to ensure better credit flow, technology up-gradation, ease of doing business and market access.

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Union Minister Goyal Meets SME Associations To Resolve Industry Issues

Goyal asked the Small Industries Development Bank of India (SIDBI) and the Credit Guarantee Funds Trust for Micro and Small Enterprises (CGTMSE) to set up a framework.

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Streamlining MSME's: Anurag Jain, Co-founder & ED, KredX

MSMEs are the backbone of the economy contributing around 40 per cent to the GDP growth.

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MSME Approaches Finance Ministry To Exempt Khadi From GST

At present only Khadi yarn produced in the sector is exempted, while other Khadi products attract a 5 per cent Goods and Services Tax (GST) levy

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IndusInd Bank To Raise $225 Million To Support Enterprises In India

At least 25 per cent of the proposed facility will support women entrepreneurs and reach to populations who previously had no access to banking facility.

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2017 Might Be A Game Changer For MSME And SME Companies In India

Cost wise it will be a better option for the bigger companies to tie up with the MSME and SME companies so they will be more than willing to add them as their extended arms

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Basics Of Forming A Business Model In MSMEs

The business has to identify its customers, understand deeply its requirements and needs and tweak the product accordingly

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MSMEs Assume Pivotal Role In Driving India Growth: Kalraj Mishra

The sector currently generates around 100 million jobs through over 46 million units situated throughout the geographical expanse of the country

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Ambitious Rs 10,000 Crore Startup Fund Stuck In Bureaucratic Indecision

Although the RBI has dispersed the money, three government departments have no clue about the management of the fund

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