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Latest Articles in msmes

MSMEs' Body Seeks Immediate Intervention Of PM On Rising Raw Material Prices

MSMEs account for 30 per cent of India's GDP, 45 per cent of manufacturing output, 48 per cent of total exports, and employ over 11 crore people.

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FIDC Seeks Liquidity Support For NBFCs For On-Lending To MSMEs

With the changing economic environment and the associated developments, NBFCs, especially, small and medium sized ones, are facing liquidity crunch.

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Great Demand For Products Made In Punjab, Haryana: Amazon

MSMEs from key manufacturing and export clusters in Punjab and Haryana can now grow existing export businesses and start new ventures through Amazon's Global Selling programme

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Panel On Energy Efficiency, Low Carbon Tech To Be Set Up: R K Singh

The purpose of this high-level meeting was to discuss activities in the field of energy efficiency across all sectors of the economy with the objective of reducing CO2 emissions.

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Indian Textiles And Apparels Industry Availed Credit Of Rs.1.62 Lakh Crore As Of December 2020: SIDBI-CRIF

The industry observed a quarterly decline in Non-Performing Assets or NPAs (proportion of credit value delinquent by 90+ days) over the last 2 years, from 29.59% in September 2018 to 15.98% in September 2020.

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MSMEs As Economic Engine Of Growth

Much often, China is a compulsory paragraph in Indian conversations around economic growth and future economy. Is “Overtaking China” – a comparison, a mission, a fixation or a competitive-benchmark ?

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Look Forward To Repo Rate Cut By RBI In Future: India Inc

RBI decided to leave the benchmark interest rate unchanged at 4 per cent, but maintained an accommodative stance as the economy faces the brunt of the second COVID wave.

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Banks Begin Process Of Restructuring Of Loans Up To Rs 25 Crore

Many lending institutions have got board approval for the resolution framework and eligible borrowers are being contacted.

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COVID-19 Impact: Many Startups, MSMEs Stare At Closure, Says Survey

As per the report by Local Circles as many as 59 per cent of startups and MSMEs surveyed likely to scale down, shut down or sell themselves this year as they are facing a liquidity crunch.

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Govt Should Allow MSMEs To Do Home Delivery To Help Sustain Livelihood: FISME

This measure will help in ensuring jobs and continuity of economic activities. There shall be no restriction of intra state or inter-state movement of goods. No separate permission/e-passes is required for such movements

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Crisil Says Half Of Its Rated Mid-Sized Cos Eligible For Loan Recast Under New Guidelines

Over 3,400 of the mid-sized companies were classified as standard accounts, making them eligible to avail restructuring.

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PHD Chamber Recommends A Substantial Stimulus Package To Hon’ble Finance Minister To Support Economy, Trade And Industry

The PHD Chamber in its recommendations has suggested financial and structural support to Micro, Small & medium Enterprises (MSMEs) in the second wave of the pandemic in terms of extending the moratorium period and offering concessional rates of interest on borrowings.

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RBI's Decision Well-Timed: Industry

The RBI has 'most correctly' recognised how small businesses and financial entities at the grassroots are bearing the most considerable burden of the pandemic and has thus unveiled measures to help them

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SIDBI Launches Loan Products For MSMEs To Bolster Supply For COVID-19 Fight

The schemes are devised under the guidance from Government of India which facilitates funding for production and services related to supply of oxygen cylinders, oxygen concentrators, oximeters and essential drugs

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How e-Commerce Is Aiding To Expansion of MSMEs

E-commerce plays a vital role in the economy of many countries, majorly for MSMEs in increasing the number in trade and business.

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