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MSME launches Yashaswini Initiative to support women entrepreneurs; First phase to start on July 19 in Jaipur

Around 600 women entrepreneurs will be participating in the opening event, which will start at the …

ANI   


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2 mins read

Union Budget 2024: More for new additions in workforce, internship in top 500 companies

In order to promote upskilling, the budget also promised loans of up to Rs 7.5 lakh, which will be …

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2 mins read

Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman

According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…

PTI   


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FM announces credit guarantee scheme, other measures for MSMEs

The credit guarantee scheme for MSMEs in manufacturing will operate on the pooling of credit risks …

PTI   


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MSMEs with bank loans due up to Rs.50 crore can get their loans restructured

The second iteration of RBI’s restructuring offer was originally introduced in early May but was…

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Nearly half of MSMEs witness up to 50% fall in revenues, says a new report

The findings are based on responses from 14,444 MSMEs. The survey, conducted in the second half…

PTI   


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The proposed new definition of MSME will make 90% of Indifi’s borrowers ‘micro’, says CEO

Finance Minister Nirmala Sitharaman on May 13 said that the definition of micro, small and medium e…

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3 mins read

MSME sector is on a strong growth trajectory post the pandemic: SBI Research

MSMEs have shown resilience to bounce back from the pandemic-induced slowdown, with credit growth t…

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3 mins read

MSME credit demand jumps 60% from pre-pandemic levels – a sign of rebound in economic activity

The sector is undergoing a quiet but steady revival, going by the increase in credit demand and a m…

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4 mins read

DBS Bank’s handcrafted solutions to empower MSMEs across India

Being a major contributor to the socio-economic development of the country, this sector has been…

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1 min read

Scheme to provide subordinate debt to MSME entrepreneurs to be introduced:Govt

New Delhi, Feb 1 () The government on Saturday said a scheme will be introduced to provide subordin…

PTI   


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3 mins read

Many Indian startups and small businesses are running out of cash fast, a new survey shows

India’s startups and small, medium enterprises are struggling to survive from the coronavirus crisi…

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4 mins read

Kerala Finance Minister believes in just one economic stimulus ⁠— vaccines

A lot of states have been releasing their own stimulus packages to compensate for the strict lockdo…

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4 mins read

Finance Minister Nirmala Sitharaman announces six measures for the MSME sector

The six measures for the Micro, Small and Medium Enterprises (MSME) include collateral-free loan…

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1 min read

New scheme for entrepreneurship development of disabled persons: Gadkari

"I assure you that the MSME (Micro, Small and Medium Enterprises) ministry will work (out) a specia…

PTI   


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2 mins read

MSME Ministry allocated Rs 7,572 cr in Budget

New Delhi, Feb 2 () The Union Budget 2020-21 has earmarked an all-time high allocation of Rs 7,572.…

PTI   


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Coronavirus has dealt a 'huge blow' to MSME sector: Gadkari

He mentioned that due to COVID-19, the demand of medical items like ventilators, PPE kits, masks an…

PTI   


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Compound Interest Waiver Scheme applies to everyone but provides limited relief — Here’s everything you need to know

The Compound Interest Waiver Scheme was released by Indian’s Ministry of Finance on October 23. It …

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2 mins read

DMK MP expresses concern over decline in MSME sector's share in GDP

A Vijayakumar of the AIADMK said Tamil Nadu continues to be a vibrant industrial state with a larg…

PTI   


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4 mins read

IOB raises lending target for home, MSME loans; hopes to be profitable soon: CEO

"In the MSME segment, we are right now in the range of Rs 31,000 crore lending portfolio, we want …

PTI