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  • Govt must deposit Rs 7500 in bank accounts of poor; revive MSME sector Apr 20, 2020 03:55 PM IST

    Govt must deposit Rs 7500 in bank accounts of poor; revive MSME sector

    The Congress will soon prepare a detailed plan for revival of Micro, Small and Medium Enterprises (MSMEs) together with steps to ensure smooth crop procurement and resolving migrants' issues and will put it before the central government

  • Govt to extend interest subvention scheme for MSMEs: Nitin Gadkari Apr 17, 2020 07:30 PM IST

    Govt to extend interest subvention scheme for MSMEs: Nitin Gadkari

    Gadkari also said the government was changing the definition of MSMEs and an order to this effect should be out shortly.

  • MSMEs may cut workforce to half as manufacturing comes to standstill: UNIDO report Apr 17, 2020 02:40 PM IST

    MSMEs may cut workforce to half as manufacturing comes to standstill: UNIDO report

    Several small-enterprises stated that minimum time to resume business operations may vary between 6 weeks to 6 months.

  • Govt to soon clear Rs 10,000 crore 'Fund of Funds' for MSMEs with high credit rating: Nitin Gadkari Apr 15, 2020 07:40 PM IST

    Govt to soon clear Rs 10,000 crore 'Fund of Funds' for MSMEs with high credit rating: Nitin Gadkari

    Gadkari said the government wants the Fund's corpus to be utilised by micro, small and medium enterprises (MSMEs) having AAA rating.

  • Nitin Gadkari asks India Inc to clear outstanding payments to MSMEs Apr 14, 2020 06:00 PM IST

    Nitin Gadkari asks India Inc to clear outstanding payments to MSMEs

    The government's endeavour was to protect MSMEs, which contribute 29 per cent to the country's GDP (gross domestic product), from coronavirus-induced crisis.

  • Without ancilliary services, MSMEs can't resume operations even after April 20 Apr 14, 2020 05:51 PM IST

    Without ancilliary services, MSMEs can't resume operations even after April 20

    More than Rs 35 lakh crore worth of goods of MSMEs are stuck on the road, which include both essential and non-essential products.

  • COVID-19 crisis an opportunity for India to become a manufacturing hub: Nitin Gadkari Apr 13, 2020 07:54 PM IST

    COVID-19 crisis an opportunity for India to become a manufacturing hub: Nitin Gadkari

    Several countries, including Japan, have indicated they would be moving their manufacturing operations from China to other countries.

  • Coronavirus has dealt a 'huge blow' to MSME sector: Nitin Gadkari Apr 09, 2020 09:49 PM IST

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

    The minister stated that the country needs to brace for a dual war, one against COVID-19 and the other on the economy front.

  • COVID-19 | The economy needs a reboot and more needs to be done Apr 09, 2020 01:10 PM IST

    COVID-19 | The economy needs a reboot and more needs to be done

    The pandemic has taught us the pitfalls of depending on other countries to meet our essential supplies. This is an opportune moment to focus and boost the Make in India programme

  • Economic package | A beginning has been made. More needs to be done. Mar 26, 2020 04:35 PM IST

    Economic package | A beginning has been made. More needs to be done.

    Putting money into the hands of the people would have been simpler, quicker and more effective

  • Coronavirus pandemic | Leather exporters seek immediate support from govt: CLE Mar 26, 2020 11:15 AM IST

    Coronavirus pandemic | Leather exporters seek immediate support from govt: CLE

    Seeking immediate support from the government, Council of Leather Exports (CLE) on Thursday said shipment orders worth USD 1 billion (around Rs 7,600 crore) was cancelled in the last one week on account of coronavirus spread.

  • Keep calm Mr Market! Stimulus package is coming sooner than later Mar 24, 2020 04:40 PM IST

    Keep calm Mr Market! Stimulus package is coming sooner than later

    The call for a big stimulus package has become louder because many economists across international rating agencies have lowered their growth forecast for India,

  • The curious case of accessible trade finance for MSMEs in India Mar 16, 2020 08:50 PM IST

    The curious case of accessible trade finance for MSMEs in India

    The US$1.5 trillion “trade finance gap” between demand and delivery of finance for MSMEs across Asia could be an illusion.

  • New scheme for entrepreneurship development of disabled persons: Nitin Gadkari Mar 03, 2020 08:40 AM IST

    New scheme for entrepreneurship development of disabled persons: Nitin Gadkari

    Inaugurating "EKAM Fest", a week-long exhibition and sale of handicrafts, textiles and hand-looms products of artisans, traders/ entrepreneurs, belonging to 'people with disability', Gadkari said the scheme will be worked out in consultation with the ministries of Social Justice and Empowerment (SJE) and Textiles.

  • It is too late to have second thoughts on public sector bank mergers Feb 27, 2020 09:42 AM IST

    It is too late to have second thoughts on public sector bank mergers

    The best way to make public sector banks strong is to transform their governance which is done best by privatizing them. Politicians have neither the inclination, nor the determination, to let them be run professionally without interfering.

  • Higher slippages in banks show end of NPA cycle is not in sight Feb 12, 2020 08:35 AM IST

    Higher slippages in banks show end of NPA cycle is not in sight

    Unless growth picks up and credit conditions improve, the risks to bank balance sheets will linger

  • West Bengal announces 100 MSME parks in 3 years, housing for tea garden workers Feb 10, 2020 03:40 PM IST

    West Bengal announces 100 MSME parks in 3 years, housing for tea garden workers

    In his Budget speech, state Finance Minister Amit Mitra announced free electricity for consumers with quarterly consumption up to 75 units and also a scheme to build houses for all permanent tea garden workers.

  • 6 areas MSMEs should look at digitizing Feb 06, 2020 01:26 PM IST

    6 areas MSMEs should look at digitizing

  • Customs duty hike should not be a custom Feb 04, 2020 09:15 AM IST

    Customs duty hike should not be a custom

    A protectionist stance deprives customers of cheap products and spawns inefficiency

  • Budget 2020: MSME Ministry allocated Rs 7,572 crore Feb 02, 2020 12:45 PM IST

    Budget 2020: MSME Ministry allocated Rs 7,572 crore

    The government has also asked the Reserve Bank to extend the debt restructuring window for MSMEs by a year to March 31, 2021, Sitharaman said.

  • Budget 2020: Centre to allow NBFCs to extend invoice financing To MSMEs Feb 01, 2020 12:52 PM IST

    Budget 2020: Centre to allow NBFCs to extend invoice financing To MSMEs

    In 2019-20, MSME ministry's allocation stood at Rs 7,011 crore. There is a 71 percent rise over and above the budgetary allocation made last year.

  • Economic Survey 2020: Loans worth over Rs 37,000 crore disbursed to MSMEs Jan 31, 2020 03:57 PM IST

    Economic Survey 2020: Loans worth over Rs 37,000 crore disbursed to MSMEs

    The Economic Survey 2019-20 gave a detailed analysis of all the measures taken by the government to support MSMEs.

  • The secrets of the best small cap companies Jan 20, 2020 04:20 PM IST

    The secrets of the best small cap companies

    German management guru Hermann Simon’s path-breaking work lists out the traits and offers interesting lessons to remain ahead of the curve

  • Jammu & Kashmir to procure 358 items exclusively from MSMEs Jan 12, 2020 06:25 PM IST

    Jammu & Kashmir to procure 358 items exclusively from MSMEs

    The list of goods earmarked by the government contains 358 goods, a move aimed at boosting the economic activities of small entrepreneurs, an official spokesman said on Sunday.

  • Centre envisions $2 trillion contribution from MSMEs in $5 trillion economy target Dec 24, 2019 06:40 PM IST

    Centre envisions $2 trillion contribution from MSMEs in $5 trillion economy target

    PMEGP is a major credit-linked subsidy programme being implemented by MSME Ministry since 2008-09.

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