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Latest Articles in msme

Vishwakarma Scheme Could Uplift And Empower Artisans & Small Enterprises

The scheme should represent a significant leap forward in achieving this mission, ensuring that the skilled hands of India's artisans continue to shape the country's cultural heritage and economic future

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For Us, MSME Means Maximum Support To Micro, Small And Medium Enterprises: PM

"MSMEs account for 60 to 70 per cent of employment and contribute 50 per cent to the global GDP," says PM Modi

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Bank's MSME Portfolio Quality Shows Improvement As GNPAs Decline To 6.8% in March: RBI Report

According to the report, the gross non-performing assets (GNPA) ratio for the MSME portfolio declined from 9.3 per cent in March 2022 to 6.8 per cent in March 2023

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Going Beyond Another MSME Day. We Can Do Better

With a focus on constant innovation, Indian MSMEs can unlock their true potential, drive economic growth, and become key players in the global marketplace

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Meta, CAIT Join Forces To Upskill 1 Mn Traders And Boost MSME Growth

This partnership with CAIT will enable traders across India to leverage the power of the WhatsApp Business App, connecting them with customers and propelling their growth journeys

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Haryana Govt To Allocate Rs 100 Cr To Nurture Entrepreneurship In State

In Haryana, about 2,81,024 new MSME manufacturing units registered in the past five years

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About 90% MSMEs View Cost Reduction As Motivation To Implement Sustainability Initiatives: Survey

According to the index, 65 per cent of the micro, small and medium enterprises (MSMEs) do not have defined sustainability targets.

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Indian MSMEs: Financial Horrors Are Alive And Kicking

India has over 6.3 crore MSMEs which contribute approximately 30 per cent to the annual gross domestic product (GDP) and also employ an estimated 23 per cent of the country’s total workforce

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MSME Sector That Needs The Attention For Inclusive Growth

The first challenge is to get the micro, small and medium enterprises registered

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MSME Credit Demand At High While Delinquencies Decline: Report

The TransUnion CIBIL-SIDBI MSME Pulse Report indicated that the credit growth in the micro segment owing to an improvement in lender confidence

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Govt Striving To Make MSME Sector Largest Employment Provider In India: BB Swain

The figure of 10.73 crore employment generated is based on self-declaration by MSMEs and the sector is surely on its way to becoming the largest employment provider in the country

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UP Makes Bank Guarantee Mandatory For MSME Investors

A notification was issued in this regard, stating that a bank guarantee equivalent to the stamp duty exemption will be deposited and released after the unit begins commercial production

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Union Govt To Set Up More Technology Centres For Growth Of MSMEs

The MSME sector is crucial to the growth of the Indian economy and is important for the development of both manufacturing and services

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Banks May See Increase In Bad Loans From Retail & Small Businesses: SBI Official

According to an official, bad loans may increase because these businesses frequently have weaker cash flows or little equity, which erodes quickly during times of stress and eventually leads to defaults

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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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