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  • 932 vacancies for 462,275 job seekers: Govt’s MSME job portal shows dismal numbers Dec 20, 2019 01:52 PM IST

    932 vacancies for 462,275 job seekers: Govt’s MSME job portal shows dismal numbers

    On the whole, the portal has placed a mere 2,528 candidates till December 20.

  • Walmart launches training programme for MSMEs Dec 09, 2019 04:39 PM IST

    Walmart launches training programme for MSMEs

    MSMEs will be equipped for both online and offline growth, aiding to become a part of the supply chains of Flipkart, Walmart Global Sourcing and Walmart India.

  • Will discuss GST-related issues of MSMEs with FM Nirmala Sitharaman: Nitin Gadkari Dec 03, 2019 05:01 PM IST

    Will discuss GST-related issues of MSMEs with FM Nirmala Sitharaman: Nitin Gadkari

    He said that MSME is an important sector and its vibrancy is crucial to achieve the target of becoming a $5 trillion economy.

  • Govt working on policy to push MSME exports: Gadkari Nov 16, 2019 05:00 PM IST

    Govt working on policy to push MSME exports: Gadkari

    While addressing the gathering at Small Micro Enterprise (SME) conference at Nagpur, Gadkari mentioned that the MSME sector has 29 percent contribution in country's growth and 48 percent of export is done through MSMEs. Similarly, about 10-11 crore jobs have been created in MSMEs.

  • Tamil Nadu Deputy CM invites American entrepreneurs to invest in state Nov 15, 2019 12:59 PM IST

    Tamil Nadu Deputy CM invites American entrepreneurs to invest in state

    Besides favourable business rankings, the state had good infrastructure like power supply, he told the America- India SME Council Investors Meet at Washington DC in the US on Thursday.

  • MSME sector secured Rs 5,541 crore investments: TN Minister Nov 02, 2019 08:05 PM IST

    MSME sector secured Rs 5,541 crore investments: TN Minister

    The investments from micro, small and medium enterprises also enabled creation of 5.96 lakh jobs in the sector, he said after inaugurating the third edition of CII MSME CEO Summit here.

  • Here's how digital and traditional lenders are trying to address credit woes of MSMEs Nov 01, 2019 06:13 PM IST

    Here's how digital and traditional lenders are trying to address credit woes of MSMEs

    Despite being the growth engine of the Indian economy, MSMEs remain a substantially underserved segment.

  • FTA review: Govt faces a tough choice, what should it do? Oct 25, 2019 03:32 PM IST

    FTA review: Govt faces a tough choice, what should it do?

    Why would anyone want to manufacture in India when the same can be imported for reduced or zero duties?

  • Govt to soon change definition of MSMEs: Nitin Gadkari Oct 22, 2019 03:55 PM IST

    Govt to soon change definition of MSMEs: Nitin Gadkari

    Finance Minister Nirmala Sitharaman had in August said the government would consider amending the MSME Act to move towards a single definition.

  • Digitisation all set to propel the next generation of fintech revolution Oct 17, 2019 06:21 PM IST

    Digitisation all set to propel the next generation of fintech revolution

    Reduced data prices and increased penetration of smartphones have helped accelerate the digital adoption process for MSMEs.

  • Two charts that show you why the FM is stressing on loan outreach programmes Sep 27, 2019 09:49 AM IST

    Two charts that show you why the FM is stressing on loan outreach programmes

    If there is no shortfall of demand, why hasn’t credit picked up yet?

  • Can Mudra loan scheme play role in economic recovery? Sep 25, 2019 09:41 AM IST

    Can Mudra loan scheme play role in economic recovery?

    Income Tax records of existing beneficiaries may hold clues

  • Loan melas, regulatory forbearance may trigger fresh wave of bad loans Sep 23, 2019 10:02 PM IST

    Loan melas, regulatory forbearance may trigger fresh wave of bad loans

    While it is unclear how the measures will help the sector, it is definitely bad news for PSBs, that are still not out of the woods in terms of asset quality.

  • SBI relaunches repo-linked home, auto loans with modifications from Oct 1 Sep 23, 2019 11:03 AM IST

    SBI relaunches repo-linked home, auto loans with modifications from Oct 1

    The lender has also voluntarily extended the benchmark to micro and small enterprises from October 1

  • Policy | How well has the Mudra scheme worked? Sep 10, 2019 09:45 AM IST

    Policy | How well has the Mudra scheme worked?

    Mudra and Kisan Credit Card schemes need to be examined more closely for potential credit risk.

  • Going Digital | India’s fintech economy is gaining currency big time Sep 06, 2019 01:38 PM IST

    Going Digital | India’s fintech economy is gaining currency big time

    Globally, India is ranked second on financial technology adoption, with a good 57 per cent hooked to it in 2018.

  • Govt to soon decide on Sinha panel report on MSME sector: Nitin Gadkari Sep 05, 2019 05:00 PM IST

    Govt to soon decide on Sinha panel report on MSME sector: Nitin Gadkari

    On UK Sinha panel report, the minister said he has spoken to the finance minister and it has been decided that finance secretary and his MSME counterpart will prepare a final report on the recommendations in the next eight days.

  • Explained: Will the new repo-linked loan rate increase or lower your interest cost? Sep 05, 2019 12:23 PM IST

    Explained: Will the new repo-linked loan rate increase or lower your interest cost?

    The RBI has made it compulsory for banks to link their new floating rate home, auto and MSME loans to an external benchmark from October 1 so that the borrowers can enjoy lower rate of interest.

  • Now, Sidbi survey shows deepening MSME crisis; outlook down in the dumps Sep 03, 2019 09:35 PM IST

    Now, Sidbi survey shows deepening MSME crisis; outlook down in the dumps

    The quarterly survey conducted with rating agency Crisil and released September 3, however, finds that small businesses, which are the largest job creators, are sanguine on employment.

  • Nitin Gadkari to meet bankers, other stakeholders to sort out MSMEs issues on September 5 Sep 03, 2019 08:58 PM IST

    Nitin Gadkari to meet bankers, other stakeholders to sort out MSMEs issues on September 5

    MSMEs have been expressing concern over failure of the Micro and Small Enterprise Facilitation Council (MSEFC) in resolving cases of delayed payments within the stipulated 90 days.

  • Sentiment Booster | Are confidence building measures enough to overcome lenders’s risk aversion? Aug 26, 2019 09:39 AM IST

    Sentiment Booster | Are confidence building measures enough to overcome lenders’s risk aversion?

    Banks are parking almost a trillion rupees daily at the RBI’s overnight repo window. That shows they have money but are unwilling to lend.

  • Can the August announcements bring back animal spirits? Aug 26, 2019 08:59 AM IST

    Can the August announcements bring back animal spirits?

    The government has finally responded to the clarion call to shore up consumer demand and investments. It’s a long way to go though.

  • Banks reluctant to lend to MSMEs under CGTMSE scheme Aug 22, 2019 05:52 PM IST

    Banks reluctant to lend to MSMEs under CGTMSE scheme

    Under CGTMSE, collateral free loans up to Rs 2 crore are given by banks and NBFCs to MSMEs.

  • These are the top challenges faced by MSMEs, the growth drivers of Indian economy Aug 21, 2019 07:38 PM IST

    These are the top challenges faced by MSMEs, the growth drivers of Indian economy

    Despite the enormous growth potential the MSME sector has, the sector is still plagued with various challenges.

  • Nitin Gadkari promises 'concrete decision' for timely payments to MSME Aug 17, 2019 06:50 PM IST

    Nitin Gadkari promises 'concrete decision' for timely payments to MSME

    Speaking at a convention of 'Laghu Udyog Bharti', an RSS-linked outfit which works in MSME sector, he also promised to rid the national capital of pollution in five years.

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