you are here: HomeNewsMsme
msme
Jump to
503 Results Found
  • National Retail Policy: Allow retailers to be registered as MSME, RAI asks Centre Jan 15, 2021 03:59 PM IST

    National Retail Policy: Allow retailers to be registered as MSME, RAI asks Centre

    RAI in its pre-budget representation mentioned that Centre needs to put some efforts to boost the retail industry to save millions of jobs in the upcoming budget.

  • MSME budget expectations: Lower GST, Basel norm suspension, enhanced free loan limit Jan 13, 2021 06:03 PM IST

    MSME budget expectations: Lower GST, Basel norm suspension, enhanced free loan limit

    As a result of the COVID-19 pandemic-induced lockdown, the MSME sector has been facing a massive liquidity and supply crunch, shortage of labour and non-payment of dues.

  • Power Minister RK Singh launches energy efficiency labels for air compressors, UHD TVs Jan 11, 2021 08:58 PM IST

    Power Minister RK Singh launches energy efficiency labels for air compressors, UHD TVs

    The states can prepare broad commitments to meet climate goals in line with the NDCs (Nationally determined contributions), Singh added.

  • EXCLUSIVE | Budget looks to provide relief to MSMEs, may relax NPA classification norm Jan 11, 2021 07:32 AM IST

    EXCLUSIVE | Budget looks to provide relief to MSMEs, may relax NPA classification norm

    The Centre is considering easing NPA classification period to between 120-180 days from 90 days, thus making permanent a measure adopted during the pandemic and the nationwide lockdown, a top government official told Moneycontrol. The person added that such a move would require legislative changes.

  • Budget 2021 | Industry Experts Reveal Where More Money Should Be Allocated Amid The COVID-19 Era Jan 04, 2021 08:39 AM IST

    Budget 2021 | Industry Experts Reveal Where More Money Should Be Allocated Amid The COVID-19 Era

    Healthcare, education, MSME - among so many other sectors - have high hopes from Finance Minister Nirmala Sitharaman. Experts from these segments talk about their expectations and wishlist. Watch the video to know more.

  • Public procurement from women-owned MSEs in FY21 nears FY20 level Dec 28, 2020 02:56 PM IST

    Public procurement from women-owned MSEs in FY21 nears FY20 level

    As per the National Sample Survey (NSS) 2015-16, here are a total of estimated 1,23,90,523 Women owned proprietary MSMEs in the country.

  • MSMEs, small dealers not to be affected by mandatory 1% cash GST payment rule Dec 27, 2020 02:32 PM IST

    MSMEs, small dealers not to be affected by mandatory 1% cash GST payment rule

    The sources added that the rule would help to control use of fake invoices by fraudsters who avail and pass on ITC to dummy, fake and dormant entities which show high turnovers, but have no financial credibility, and flee after issuing fake invoices and misusing ITC.

  • After early boom, fintech lending startups face a reality check Dec 24, 2020 05:38 PM IST

    After early boom, fintech lending startups face a reality check

    The difficulty borrowers face in repaying their loans is forcing many fintech lending startups to restructure loans and show them as ‘standard assets’ as the year draws to a close.

  • Govt exploring setting up bad bank, all other options: DEA Secretary Tarun Bajaj Dec 18, 2020 10:11 PM IST

    Govt exploring setting up bad bank, all other options: DEA Secretary Tarun Bajaj

    Bajaj was responding to a query on whether the government would consider setting up of a bad bank as a one-time measure for reducing the burden of Non-Performing Assets (NPAs) of the public sector banks.

  • MSME sector can play crucial role in realising vision of self-reliant India: Union Minister Pratap Sarangi Dec 18, 2020 06:55 PM IST

    MSME sector can play crucial role in realising vision of self-reliant India: Union Minister Pratap Sarangi

    Emphasising that the strength of Indian supply chains should be utilised to full capacity, Sarangi said the MSME sector can play a "crucial role" in realising the vision of a "self-reliant India".

  • Govt plans to lease MSME technology centres to IITs, engineering colleges: Nitin Gadkari Dec 17, 2020 04:23 PM IST

    Govt plans to lease MSME technology centres to IITs, engineering colleges: Nitin Gadkari

    The MSME Finance Week was a virtual event organised by the Global Alliance for Mass Entrepreneurship (GAME). A key reason for most MSMEs to turn into non-performing assets (NPAs) is delayed reconciliation of their receivables and bills.

  • FM Sitharaman reviews progress of various schemes under 3 packages; banks sanction Rs 2.05 lakh crore to MSMEs Dec 13, 2020 04:21 PM IST

    FM Sitharaman reviews progress of various schemes under 3 packages; banks sanction Rs 2.05 lakh crore to MSMEs

    As part of the Aatmanirbhar Bharat Abhiyan 3.0 (announced on November 12), ECLGS Scheme has been extended through ECLGS 2.0 for the 26 stress sectors and health care sector with credit outstanding of above Rs 50 crore and up to Rs 500 crore as on February 29, 2020.

  • Priority to increase village industry turnover to Rs 2 lakh crore in two years: Nitin Gadkari Dec 12, 2020 03:32 PM IST

    Priority to increase village industry turnover to Rs 2 lakh crore in two years: Nitin Gadkari

    Gadkari also informed that the government has sanctioned Rs 3 lakh crore for the MSMEs. The government will provide 15 percent of the equity to successful MSMEs and those with a good record of GST and income tax and bank turnover to facilitate them to go raise funds in the capital market.

  • Over 4.6 lakh jobseekers for 934 vacancies on MSME SAMPARK portal for tech trainees Dec 11, 2020 03:16 PM IST

    Over 4.6 lakh jobseekers for 934 vacancies on MSME SAMPARK portal for tech trainees

    According to the portal, 10,388 candidates have been placed so far.

  • Govt to provide 15% equity to MSMEs with good tax record, says Union minister Nitin Gadkari Dec 10, 2020 08:09 PM IST

    Govt to provide 15% equity to MSMEs with good tax record, says Union minister Nitin Gadkari

    The government is taking measures to make the system transparent and bring timebound results for investors.

  • Yes Bank: Only Rs 300 crore of retail, MSMEs applied for loan recast, confident of asset quality Dec 01, 2020 09:28 PM IST

    Yes Bank: Only Rs 300 crore of retail, MSMEs applied for loan recast, confident of asset quality

    He said the bank will be taking a decision keeping in mind what is best for its customers and stakeholders, and shall make an announcement soon.

  • Ideas for Profit | Why should one keep an eye on City Union Bank? Nov 26, 2020 02:51 PM IST

    Ideas for Profit | Why should one keep an eye on City Union Bank?

    In the current times one should focus on consistency rather than growth or size. City Union bank is perhaps only one of the old private sector bank in the country that has a long track record of profitable growth

  • Government unlikely to extend credit guarantee scheme for MSME sector beyond October Oct 18, 2020 04:55 PM IST

    Government unlikely to extend credit guarantee scheme for MSME sector beyond October

    Sources said the objective is to provide support to all those affected and if there are no takers for the scheme, there is no need to extend the scheme even though there is some room left.

  • Govt implements artificial intelligence, machine learning tools on 'Champions' portal for MSMEs Oct 14, 2020 09:16 PM IST

    Govt implements artificial intelligence, machine learning tools on 'Champions' portal for MSMEs

    The Champions system was launched by Prime Minister Narendra Modi on June 1, 2020. The multi-modal system has a portal at virtual level and technology equipped physical control rooms at around 69 locations of the country.

  • Interest subvention on MSME loans extended until end of March 2021: RBI Oct 07, 2020 09:07 PM IST

    Interest subvention on MSME loans extended until end of March 2021: RBI

    The coverage of the scheme is limited to all term loans and working capital to the extent of Rs 100 lakh. The scheme provides for an interest relief of two percent per annum to eligible MSMEs.

  • FM Nirmala Sitharaman launches Indian Bank's business mentoring programme for MSMEs Oct 06, 2020 09:44 PM IST

    FM Nirmala Sitharaman launches Indian Bank's business mentoring programme for MSMEs

    Financial Services Secretary Debashish Panda, who also participated in the launch event through video conferencing, delved on the various initiatives taken by the government to support MSMEs.

  • Sustained COVID-19 spread poses risks to growth: Finance Ministry Oct 04, 2020 02:17 PM IST

    Sustained COVID-19 spread poses risks to growth: Finance Ministry

    India seems to have crossed the peak in COVID-19 cases, as per available data, the Finance Ministry's Monthly Economic Report for September said.

  • Mr Market awaits another round of stimulus from govt; can it lead to a roaring rally? Sep 29, 2020 10:28 AM IST

    Mr Market awaits another round of stimulus from govt; can it lead to a roaring rally?

    Sensex and Nifty50 have already rallied by over 50 percent each from the March lows, but a roaring rally post the stimulus measure, if any, is unlikely, say experts.

  • Banks sanction loans worth Rs 1.77 lakh crore to 44 lakh MSMEs under credit guarantee plan Sep 24, 2020 09:21 PM IST

    Banks sanction loans worth Rs 1.77 lakh crore to 44 lakh MSMEs under credit guarantee plan

    The latest numbers on ECLGS, as released by the Finance Ministry, comprise disbursements by all 12 public sector banks (PSBs), 24 private sector banks and 31 non-banking financial companies (NBFCs).

  • MSMEs go local, focus on value-for-money Aug 24, 2020 05:46 PM IST

    MSMEs go local, focus on value-for-money

    As against an Amazon Web Services (AWS) or Google, companies have been turning to relatively smaller players for the service and pricing value they bring to the table

Sections