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Latest Articles in msmes

Centre Announces Rs 3 Lakh Crore Collateral-Free Automatic Loans For Businesses, Including MSMEs

The announcements came a day after Prime Minister Narendra Modi announced a Rs 20 lakh crore special economic package amid nationwide COVID-19 lockdown.

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Amid Lockdown, Karnataka Announces Relief Package For MSMEs, Farmers, Drivers, Barbers

Realising the problems facing flower growers, the government announced a compensation of Rs 25,000 per hectare limited to a maximum extent of one hectare for the crop loss.

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FICCI Calls For Facilitating Steel Sector's Growth To Revive Economy Post-Lockdown

FICCI recommended subsidising railway freight by an additional 15 per cent for the next six months with a change in class of iron ore from 160 to 145.

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How Different MSMEs Are Planning To Respond To Covid-19 Crisis?

While their issues or concerns are similar, we observe interesting differences in the response mechanism depending upon the size of the firm. We divided the firms in three sizes:

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Outsourced Business Services Sector Seeks Urgent Financial Assistance

Comprising of 1 crore workforce working across 10,000 plus MSMEs, it has requested subsidizing 35 per cent of the wages for at least 50 per cent workforce for next three months, and six months for 25 per cent workforce

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Only One-third MSMEs Online

During the lockdown, It has been noted that most businesses are trying to move online. However, for MSME's digitisation is essential to stay afloat.

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FICCI Calls For Interest-Free, Collateral-Free Loans To Support Msmes Amid COVID-19 Lockdown

FICCI said a large number of MSMEs are incurring business losses and facing severe cash flow disruption.

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Effects Of Pandemic On MSMEs

With everyone working together putting aside our differences - we can all come out of this unprecedented situation stronger.

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My Statement On Amazon Misconstrued, Govt Welcomes All Investments Within Regulations: Goyal

Speaking at the Raisina Dialogue 2020 in New Delhi, Goyal had on Thursday said that Amazon is not doing a favour to India when they invest a billion dollars in the country.

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GoFrugal Launches Collaborative Commerce For MSMEs

The company aims to empower neighbourhood small stores and restaurants to collaborate with the ecosystem to focus on market expansion and large customer acquisition.

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Flipkart, Punjab Government Sign Two MoUs To Create Opportunities For MSMEs

Through these MoUs, thousands of under-resourced sellers, artisans and weavers from Punjab will be onboarded to Flipkart through its Samarth initiative.

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Banks Will Ensure Bill Discounting Facility For MSMEs To Ease Liquidity: Sitharaman

On the merger of banks, everything is going smoothly, the bank boards have all been on board, they have taken the necessary steps to keep that process going smoothly, the minister said.

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FM To Meet PSB CEOs Today, May Review Fund Flow To Stressed NBFCs, MSMEs

This will be the second meeting of Sitharaman with CEOs of PSU banks in less than a month.

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Indian MSMEs And Spirit Of Enterprise

India’s Micro, Small and Medium Enterprises (MSMEs) are those silent performers who are carrying India’s 5 trillion dollar economy goal on their shoulders.

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