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  • 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.

  • MSMEs seeks differential interest rates from FM Aug 06, 2019 05:24 PM IST

    MSMEs seeks differential interest rates from FM

    Finance minister Nirmala Sitharaman is holding a series of meetings with stakeholders from various sectors to take stock of the present economic slowdown

  • Policy | Asset quality review for NBFCs: If not now, then when? Aug 06, 2019 01:24 PM IST

    Policy | Asset quality review for NBFCs: If not now, then when?

    No amount of liquidity  - and rate cuts – will help unless the structural problems in the NBFC sector are resolved

  • Setting Sail | Namaste Credit director reveals how technology is changing lending space for SMEs Jul 08, 2019 06:59 PM IST

    Setting Sail | Namaste Credit director reveals how technology is changing lending space for SMEs

    Moneycontrol's Siddhesh Raut talks to Co-founder and director of Namaste Credit, Lucas Bianchi, to find out all about extending loans to SMEs.

  • Budget 2019: Govt to set up payments platform for MSMEs Jul 05, 2019 06:00 PM IST

    Budget 2019: Govt to set up payments platform for MSMEs

    Pension benefits extended to small traders and small shopkeepers under the new Pradhan Mantri Karam Yogi Maandhan Scheme

  • Budget 2019: Traders want govt to simplify GST, tax breaks and cheap loans Jul 04, 2019 07:01 PM IST

    Budget 2019: Traders want govt to simplify GST, tax breaks and cheap loans

    There are around seven crore small and medium traders in the country, which in turn provide employment to nearly 45 crore people by generating an annual business worth Rs 42 lakh crore

  • Govt to launch portal for marketing of goods by MSMEs, Khadi Jul 04, 2019 01:29 PM IST

    Govt to launch portal for marketing of goods by MSMEs, Khadi

    Lok Sabha Speaker Om Birla said that if members want half an hour discussion on steps being taken by the government on the MSME sector, he would allow that.

  • Govt asks banks to appoint GM-level officer to address MSME sector woes Jun 27, 2019 07:55 PM IST

    Govt asks banks to appoint GM-level officer to address MSME sector woes

    The MSME sector has been a focus of the Narendra Modi government as it plays a critical role in promoting economic growth.

  • Policy Pulse | MSMEs need to scale up and be more productive Jun 27, 2019 12:14 PM IST

    Policy Pulse | MSMEs need to scale up and be more productive

    India needs to ensure that incentives for MSMEs are not skewed towards their remaining small forever. MSME policy should go beyond access to credit and address ease of doing business in a more effective manner.

  • Piyush Goyal sets up committee to provide insight on FDI in e-commerce Jun 25, 2019 04:51 PM IST

    Piyush Goyal sets up committee to provide insight on FDI in e-commerce

    Goyal held a discussion with e-commerce companies to discuss ways to bring about a convergence of interests of e-commerce platforms and small retailers. Ministers of State (MoS) Hardeep Singh Puri and Som Parkash were also present.

  • RBI panel suggests Rs 5,000 crore stressed asset fund for small businesses Jun 25, 2019 02:49 PM IST

    RBI panel suggests Rs 5,000 crore stressed asset fund for small businesses

    According to the committee, the fund could operate on the lines of the Textile Upgradation Fund Scheme. It also recommended an amendment to the MSMED Act, requiring all MSMEs to mandatorily upload all their invoices above an amount to be specified by the government, from time to time

  • Maharashtra flagship scheme for MSMEs to generate 10 lakh jobs Jun 18, 2019 02:30 PM IST

    Maharashtra flagship scheme for MSMEs to generate 10 lakh jobs

    The flagship programme of the Industries Department will have 30 per cent reservation for women entrepreneurs, state Development Commissioner (Industries) Dr Harshadeep Kamble told PTI.

  • Anurag Thakur holds pre-budget meet with stakeholders from digital economy, startups Jun 15, 2019 03:27 PM IST

    Anurag Thakur holds pre-budget meet with stakeholders from digital economy, startups

    The focus areas of discussion included matters related to the use of data technology

  • Centre planning to integrate MSMEs with big enterprises Jun 10, 2019 04:18 PM IST

    Centre planning to integrate MSMEs with big enterprises

    The ministry is working on improving the capacity of enterprises that exist at the lower rung of supply chain, so that they can organically join the chain and supply their material by improving quality and becoming price competitive.

  • CPI preparing memorandum on GST rates to save MSME Jun 08, 2019 05:11 PM IST

    CPI preparing memorandum on GST rates to save MSME

    The memorandum will be submitted to the government by all the MPs elected from Tamil Nadu, party MP-elect K Subbarayan added.

  • Economic Survey to include street vendors: Report Jun 06, 2019 07:02 PM IST

    Economic Survey to include street vendors: Report

    Excluded sectors include crop production, plantation, defence, public administration and compulsory social security services.

  • Policy Pulse | How express mobility can improve the ease of doing business May 09, 2019 12:59 PM IST

    Policy Pulse | How express mobility can improve the ease of doing business

    As India is implementing trade facilitation and is trying to improve ease of doing business, it is important to amend the 2010 regulation and allow the entry of perishable cargo through the fast track route.

  • Manappuram Finance gets Rs 695 crore funding from NABARD Mar 28, 2019 02:10 PM IST

    Manappuram Finance gets Rs 695 crore funding from NABARD

    The company will deploy the funds for onward lending to micro, small and medium enterprises (MSME) and microfinance sector under priority sector lending, Manappuram Finance said in a release.

  • RBI panel on MSME seeks public views on various aspects Mar 18, 2019 07:13 PM IST

    RBI panel on MSME seeks public views on various aspects

    The panel is undertaking a comprehensive review of the sector to identify causes and propose long-term solutions for its development, the central bank said in a statement.

  • Crisil-Sidbi survey claims improvement in MSME sentiment in Q3 Feb 23, 2019 08:44 AM IST

    Crisil-Sidbi survey claims improvement in MSME sentiment in Q3

    Over 40 percent of those surveyed from both the manufacturing and services sectors spoke about December being a good quarter, it said.

  • Govt to organise outreach programme for Textile MSMEs on February 13 Feb 12, 2019 02:03 PM IST

    Govt to organise outreach programme for Textile MSMEs on February 13

    Prime Minister Narendra Modi had launched the 100 days programme for support and outreach to Micro, Small and Medium Enterprises (MSMEs) on November 2, last year, identifying 100 districts in various sectors across the country.

  • Special MSME package can help 7 crore accounts, Rs 1 lakh crore loans: DFS Secy Feb 10, 2019 11:00 AM IST

    Special MSME package can help 7 crore accounts, Rs 1 lakh crore loans: DFS Secy

    The estimate from the Department of Financial Services (DFS) secretary Rajiv Kumar is much higher than domestic rating agency Icra's assessment of Rs 10,000 crore. It comes even as some banks have seen a reluctance among the target MSMEs to take advantage of the scheme.

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