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Latest Articles in micro small and medium enterprises

MSME sector's revenue Lileky To Exceed Pre-Covid Level In 2022-23 By 25%: RBI

The micro, small and medium enterprises (MSMEs) segment, which contributes about 29 per cent of India’s GDP and employs over 11 crore workers, recorded a modest recovery

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What Stopping Centre's TReDS Platform To Help Indian MSMEs

As India's micro, small and medium enterprises (MSMEs) still struggle with unpaid invoices from vendors in the post-Covid world, Trade Receivables Discounting System (TReDS) allows MSME suppliers to discount their bills and invoices

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UPI Payments Likely To Dominate In Coming Years: Survey

Retailers prefer to go the digital way, with UPI being their first choice due to the ease of transaction for a customer, and the speed of receiving payment for the retailer

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About 70% MSMEs Believe UPI Will Be Driver Of Retail Sales

The study indicates that retailers are also increasingly favouring digital transactions, with UPI being their preferred mode due to the convenience

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Credit Guarantee Scheme Revamped Further, PM Praises

The central government has further revamped the credit guarantee scheme to increase the flow of credit to micro, small and medium enterprises MSEs.

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Reintroduce Credit Linked Capital Subsidy Scheme For MSMEs' Tech Up-gradation: PHDCCI To Govt

Indian MSME sector is the key driver for the implementation of important government initiatives like make in India, startup India, energy efficiency programs, zero effect zero defect (ZED) etc, says PHDCCI

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Digitisation, Costs And Efficiency To Help Regional MSMEs To Grow: Suchit Subhas, Amazon Business

India is the world's largest market comprising of 350 million urban consumers and over 2 million hi-growth small and medium enterprises (SMEs) with an annual growth rate of 20 per cent

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Govt To Contribute 90% Implementation Cost For Handholding, Consultancy Fees: MSME Min

"There is a unique feature to encourage industry associations and OEMs for motivating their supply chain vendors to participate in this scheme," says Union Minister Narayan Rane

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Consider Paying Interest To MSMEs On Their Current Account Balances: PHCCI To Centre

India's micro, small and medium enterprises (MSMEs), as stated in the representation, are a major contributor to the socio-economic development of the country

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If MSMEs Use Tech To Its Full Potential, Many Issues Can be Solved: IndiaMART CEO

MSMEs can be educated on good financial practices, invoicing, and dispute resolution to reduce the occurrence of delayed payments, says Dinesh Agarwal

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MSME Sector Of UP Will Play Major Role In India's Economic Development: Prez Murmu

She said that through this Summit, an investment of about rupees 35.5 lakh crore is estimated in Uttar Pradesh which is expected to provide employment opportunities to lakhs of people

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Large Firms Must Take Responsibility To Handhold MSMEs: Piyush Goyal

Piyush Goyal urged the industry to recognise global efforts to tackle climate change and take up the responsibility of becoming conscious and sustainable in their business practices

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Odisha Becoming Best Destination For Indian Investors: State MSME Min

After the Make in Odisha (MIO) Conclave 2022, the Odisha government in collaboration with the Indian Chamber of Commerce (ICC) hosted the Odisha Investors’ meet at Kolkata

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Extend Interest Equalisation, Restart 2% Interest Subvention Scheme For MSMEs: PHDCCI

The industry body recommends the two per cent Interest Subvention Scheme for MSMEs be restarted which was in force till 31 March 2021 to help MSMEs

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Union Budget: Govt Should Focus On Hassle-free Loan Disbursements For MSMEs, Says PHD Chamber

The PHD Chamber in a report says that access to finance is a major roadblock being faced by the MSMEs impacting their competitiveness and growth

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