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Msmes

Credit to MSMEs

MSME Influencers Forum Launched To Promote Small & Medium Units Growth

Inaugurating the forum virtually, Union Minister Narayan Rane said that such initiatives will bring great thrust to motivate MSMEs and build them towards a bigger and brighter tomorrow

05 August 2023

Credit to MSMEs

Instant Line Of Credit, Industry Networking Top Priorities Of MSMEs: Survey

Over 55 per cent of the total MSMEs interviewed said an instant line of credit is their top requirement to accelerate everyday business decisions, as per the 'MSME Sentiment Survey' by fintech Kinara Capital.

27 June 2023

Steel

Public Sector Steel Firms Clear Rs 692 Crore Dues To MSMEs In May: Ministry

During April-May 2023, steel CPSEs (Central Public Sector Enterprises) have made payment of Rs 1,321.32 crore to MSMEs, according to official statement

20 June 2023

stocks

Singapore’s Instarem Sees Huge Inflow Of Diaspora Remittances Into India

“India is a huge inbound market for us, and we have big operations in Mumbai, which is our main technology and product centre,” Yogesh Sangle, Global Head of Instarem, told PTI on Wednesday on the increase in monies sent...

29 June 2023

European Union (EU)

US, EU Slowdown To Cripple 20% Of Small Businesses: Report

According to a Crisil analysis, one in five MSMEs will also see stretched working capital. The US and EU markets account for a third of the country's overall exports.

26 June 2023

MSMEs

India Seeks Exemptions For MSMEs From EU's Carbon Tax: Commerce Secy

The EU is introducing the Carbon Border Adjustment Mechanism (CBAM) from October 1 this year

15 June 2023

West Bengal Govt Ties Up With Dun&Bradstreet For MSMEs

Under the arrangement, D&B will assign a unique nine-digit (D-U-N-S) number to a specific MSME firm or an exporter which will encompass various financial health indicators of the business entity, an official of the state...

27 June 2023

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Reserve Bank of India, RBI

RBI Expands Scope Of TReDS, Includes Insurers As Participants

TReDS platforms facilitate transparent and competitive bidding by the financiers.

08 June 2023

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06 June 2023
SIDBI Signs Pact With HDFC Bank To Offer Financial Solutions To MSMEs

SIDBI Signs Pact With HDFC Bank To Offer Financial Solutions To MSMEs

Under the MoU, SIDBI and HDFC Bank will work together to provide complete financial product and services to the customers under Micro, Small and Medium...


13 May 2023
Better Ecosystem Being Developed For Small Entrepreneurs In Himachal Pradesh Says CM

Better Ecosystem Being Developed For Small Entrepreneurs In Himachal Pradesh Says CM

On Saturday, A better ecosystem is being developed for small entrepreneurs in Himachal Pradesh, Chief Minister Sukhvinder Singh Sukhu said.


03 May 2023
Finance Ministry Sets June 30 Deadline For MSMEs To Submit Refund Claims Of Forfeited Bid Security In Government Contracts

Finance Ministry Sets June 30 Deadline For MSMEs To Submit Refund Claims Of Forfeited Bid Security In Government Contracts

Under the scheme, ministries have been asked to refund 95 per cent of the performance security, bid security and liquidated damages forfeited/ deducted during...


13 March 2023
MSME Competitive Scheme Part Of Efforts To Strengthen Sector: PM Modi

MSME Competitive Scheme Part Of Efforts To Strengthen Sector: PM Modi

The government on Friday launched the revamped MSME Competitive (LEAN) scheme to make it more beneficial for enterprises and stakeholders.


06 March 2023
Union Govt To Set Up More 'Technology Centres' For Growth Of MSMEs: Minister

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

The technology centres, set up countrywide by the Ministry of MSME, offer stimulus for growth and integrated development of industries by way of providing...


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03 March 2023
Delayed Payments, Lack Of Formal Financing To MSMEs Hurting India's Job Creation Potential: Report

Delayed Payments, Lack Of Formal Financing To MSMEs Hurting India's Job Creation Potential: Report

The Delayed Payments Report 2.0 titled 'Imagining Solutions to Unlock Working Capital for MSMEs' by Global Alliance for Mass Entrepreneurship (GAME) was...


09 February 2023
Budget 2023-24 Will Give Boost To Fund-Starved Sectors: MSME Secretary

Budget 2023-24 Will Give Boost To Fund-Starved Sectors: MSME Secretary

Union Budget 2023-24 has given a boost to the fund-starved sector with higher credit flow and by simplifying compliances


31 January 2023
Emergency Credit Linked Guarantee Scheme Shielded MSMEs From Financial Distress: Economic Survey

Emergency Credit Linked Guarantee Scheme Shielded MSMEs From Financial Distress: Economic Survey

In FY21, the government announced the Emergency Credit Linked Guarantee Scheme, which succeeded in shielding micro, small and medium enterprises from financial...


13 January 2023
Govt Approves Rs 2,600 Crore Incentive Scheme To Promote Rupay Debit Card, UPI Transactions

Govt Approves Rs 2,600 Crore Incentive Scheme To Promote Rupay Debit Card, UPI Transactions

The incentive scheme will facilitate a robust digital payment ecosystem while promoting RuPay Debit Card and BHIM-UPI digital transactions


21 December 2022
Uttarakhand: Micro, Small Industries Exempted From EPR Registration

Uttarakhand: Micro, Small Industries Exempted From EPR Registration

However, the State Pollution Control Board has cancelled their consent to operate without EPR registration and bringing the industries in this category on the...


05 December 2022
Shriram Group Operationalises Largest Retail NBFC Shriram Finance; To Focus On Non-Vehicle Financing

Shriram Group Operationalises Largest Retail NBFC Shriram Finance; To Focus On Non-Vehicle Financing

The company is heavily dependent on used-commercial vehicle finance and its overall vehicle finance vertical contributed 77.5 per cent of its over Rs 1.71 lakh...


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09 November 2022
Atal New India Challenge Seeks To Address Women-Centric challenges

Atal New India Challenge Seeks To Address Women-Centric challenges

As part of the Atal New India Challenge (ANIC), which was launched on Wednesday, the second edition will foster innovations focused on improving the safety of...


14 October 2022
PM Modi To Chair CSIR Society Meeting On Saturday

PM Modi To Chair CSIR Society Meeting On Saturday

About the agenda of the meeting, Singh said a presentation about the various activities of the CSIR would be made in front of the Prime Minister and his...


12 September 2022
Some Parties, Mediahouses Never Talk Of Bengal’s Growth; State Making Strides In MSME Sector: CM

Some Parties, Mediahouses Never Talk Of Bengal’s Growth; State Making Strides In MSME Sector: CM

Banerjee, during a programme for distribution of appointment letters to beneficiaries of Utkarsha Bangla scheme, said the critics "disregard the strides made...


01 September 2022
Indipaisa, Awarded India's Fastest-Growing Brand Starts Empowering MSMEs

Indipaisa, Awarded India's Fastest-Growing Brand Starts Empowering MSMEs

Indipaisa is India’s fastest growing brand in 2021-22, now performing in 5 states and planning to spread across PAN India by giving commercial micro banking...


26 July 2022
Haryana Government To Promote Textile Industry Through MSMEs: Dushyant Chautala

Haryana Government To Promote Textile Industry Through MSMEs: Dushyant Chautala

Dushyant Chautala said that in the last few years, more and more investors are coming forward to set up industries in the state, as the government has taken...


02 July 2022
Lendingkart Raises Rs 75 Crore In Debt From GMO LLC, Triodos Investment

Lendingkart Raises Rs 75 Crore In Debt From GMO LLC, Triodos Investment

The company will use the funds to originate MSME (micro, small and medium enterprises) loans across all states with credit decisions in a live environment...


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