May 19, 2020 09:41 AM IST
Even in developed jurisdictions, none have suspended ability of debtor companies to submit themselves to the insolvency process
- May 18, 2020 09:14 AM IST
Banks’ reluctance to lend to sectors perceived as risky is unlikely to see a big change following the FM’s announcements
- May 16, 2020 10:20 AM IST
Moneycontrol's Shraddha Sharma explains the modified definition of MSMEs in contrast to the existing classification.
- May 15, 2020 10:18 AM IST
Given the weak backdrop and a dire future outlook, the severity of the long duration COVID-19 shock raises serious concerns about lasting damage to output and productivity
- May 14, 2020 08:22 PM IST
The move is aimed at protecting MSMEs adversely affected due to the lockdown and to ensure assured demand for their products and services
- May 14, 2020 05:07 PM IST
The sector wants to be included in the financial package announced by the government.
- May 14, 2020 08:50 AM IST
The technology sector raised concerns on issues like paying salaries and pending vendor dues which will not be cleared by the new loan facilities.
- May 14, 2020 07:44 AM IST
Union minister Nitin Gadkari on Wednesday welcomed the relief package for the MSME sector, saying it will re-energize the indigenous industry.
- May 13, 2020 08:20 PM IST
Sitharaman also said the distinction between manufacturing and service units for MSMEs had been removed.
- May 13, 2020 08:02 PM IST
A slew of relief measures for MSMEs including emergency loans, subordinate debt and new funding avenues was announced. However, these players seek more.
- May 13, 2020 05:26 PM IST
MSMEs are facing severe shortage of capacity. Fund of funds with corpus of Rs. 10,000 crore will be set up.
- May 13, 2020 04:51 PM IST
Under Atmanirbhar India Mission, Finance Minister Nirmala Sitharaman announced a Rs 3 lakh crore collateral-free automatic loans for businesses, including MSMEs.
- May 12, 2020 08:15 AM IST
The MSME Ministry on Monday said its three technology centres are producing critical parts of machines which give test results of COVID-19 in less than one hour.
- May 11, 2020 06:45 PM IST
The government plans to increase the MSME sector’s contribution to GDP to over 50 percent in the next few years. However this plan hasn’t progressed quite as planned.
- May 10, 2020 12:55 PM IST
Currently, banks are offering an extra line of credit of 10 per cent based on working capital limits, which the government intends to increase further.
- May 07, 2020 04:45 PM IST
Aramane was speaking during an interaction with members of SIAM (Society of Indian Automobile Manufacturers) Institute via video conferencing.
- May 07, 2020 03:00 PM IST
Over six lakh MSME loans were restructured as of March 31. The government expects over 25 lakh MSME loans may be restructured by December 31
- May 07, 2020 01:19 PM IST
Direct push to MSMEs to ramp up the export of consumer goods to reap the benefits of its comparative advantage over products made in China in the post-pandemic worl
- May 07, 2020 08:47 AM IST
Markets are certainly better, but not well. There is no need to get carried away.
- May 06, 2020 03:55 PM IST
Since banks are also hesitant to lend, the alternate is to look at trust funds and other private sources to raise working capital.
- May 05, 2020 07:30 PM IST
In the last fiscal the MSME disbursement target was Rs 74,000 crore.
- May 03, 2020 05:39 PM IST
The state-owned bank launched an emergency credit line to provide funds to its existing MSME and corporate borrowers in the last week of March
- May 02, 2020 08:55 PM IST
While the lockdown has been extended till May 17, some relaxations were announced on Friday for various business activities and people's movement within areas with limited or no COVID-19 cases.
- May 02, 2020 03:20 PM IST
The prime minister held discussions with Shah and Sitharaman and would have follow up meetings with ministers of key economic ministries such as Micro, Small & Medium Enterprises (MSME), sources said.
- Apr 30, 2020 02:49 PM IST
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