Page 2 of Monsoon Session News

Over 20,000 micro, small enterprises grow into medium-sized businesses: Govt data

Over 20,000 micro, small enterprises grew into medium-sized businesses from previous fiscal: Govt data

The five-year data showed that 15,918 small units grew into medium enterprises and 1,835 micro enterprises evolved into medium-sized entities…

1 year ago

Nearly 50,000 of 2.76 crore registered MSMEs shut in last four years: Govt data

Importantly, the Udyam-registered MSMEs had recently crossed the 20-crore job milestone. The total jobs reported at the time of filing…

1 year ago

Share of MSME sector recovered to 30% in India’s GDP but still below pre-Covid levels: Govt data

For the uninitiated, former MSME Minister Nitin Gadkari in 2020 had targetted 40 per cent share of MSMEs in GDP by 2025…

1 year ago

champions portal, champions 2.0, bhanu pratap singh verma, msme grievances, msme complaints, narayan rane

How successful is govt’s MSME grievance redressal portal Champions? Check details

The highest number of grievances in the current year were received from Maharashtra (1,417), Tamil Nadu (757), Uttar Pradesh (664),…

2 years ago

udyam portal, udyam assist platform, uap, msme ministry, informal msmes, informal micro units, udyam egistration, narayan rane, msme employment, msme exports, gst

Govt planning separate micro enterprises division in MSME Ministry? Here’s what MoS MSME said

Importantly, A parliamentary panel on industry in March this year had suggested a separate division for micro enterprises for focused…

2 years ago

MSME delayed payments: Only 19% of complaints disposed so far; total applications cross 1.5 lakh

9,699 applications were filed against state governments while 5,801 applications were filed against central PSUs. Central ministries, central departments, state…

2 years ago

udyam assist platform, uap, udyam portal, sidbi, msme ministry, informal msmes, informal micro units, udyam registration, standing committee on finance, jayant sinha, small industries development bank of india

MSME registration: 37 lakh informal micro enterprises registered on Udyam Assist Platform in 7 months

“Government has launched Udyam Assist Platform(UAP) under the MSME formalization project on 11.01.2023 to bring Informal Micro Enterprises (IMEs) under…

2 years ago

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This many Mudra loans disbursed to micro, small enterprises turned bad as of March 2023

The scheme enables credit at three different growth stages — Shishu, Kishor, and Tarun with financial limits up to Rs 50,000;…

2 years ago

msme exports, small business exports, global trade, cross border trade, merchandise exports, services exports, trade deficit, msme share in exports, monsoon session, bhanu pratap singh verma

India’s MSME share in overall exports continues to decline contrary to govt’s target of 60%

The value of overall (merchandise and services) export during the last five years for India increased from $538 billion in…

2 years ago

Special Credit Linked Capital Subsidy Scheme, sclcss, sc-st entrepreneurs, sc-st SMEs, obc entrepreneurs, msme loans, national sc-st hub, dalit entrepreneurs, dalit MSMEs, monsoon session, parliament

Special Credit Linked Capital Subsidy Scheme: Nearly 300% jump in FY23 claims filed by SC-ST MSEs

The scheme provides a 25 per cent capital subsidy to the SC/ST-owned MSEs on institutional finance for procurement of plant…

2 years ago

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Monsoon Session: Private Bill seeking to limit guests, dishes to be served in wedding discussed in Lok Sabha

The Prevention of Wasteful Expenditure on Special Occasions Bill 2020 seeks that the guests invited to a wedding from both…

2 years agoAugust 6, 2023

sbi, state bank of india, bank of baroda, punjab national bank, canara bank, bank of maharashtra, union bank of india, msme loans, collateral free loans

Not SBI, Bank of Baroda, these public sector banks championed MSME loans in FY23

This public sector lender led the tally of 12 PSBs with 18 lakh MSME loans amounting to Rs 27,124 crore…

2 years ago

women entrepreneurs, women msmes, female entrepreneurs, credit guarantee scheme, cgtmse, stand-up india, mudra scheme, self reliant india fund, monsoon session

Are women entrepreneurs really benefitting from govt schemes? Here’s what numbers say

According to the government data, out of over 2 crore businesses registered on the Udyam portal, 19.43 per cent were…

2 years ago

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Women MSMEs: This statistic shows share of women entrepreneurs in India’s MSME sector

According to the data shared by Verma, women MSMEs represented a 15.67 per cent share in the total UAM registrations…

2 years ago

narayan rane, msme minister, monsoon session, parliament, lok sabha, credit gap in msme sector, msme loan gap, msme finance, msme funding, bank loan for MSMEs, rbi, reserve bank of india

MSME Minister Narayan Rane says no study undertaken to evaluate MSME credit gap post Covid

Importantly, the credit outstanding to the MSME sector by scheduled commercial banks in FY23 grew by 12.3 per cent to…

2 years ago

How to travel safely and securely during monsoon: 5 points

By following a few essential tips and taking necessary precautions, you can enjoy your journey without compromising on your well-being.

2 years agoJuly 29, 2023

power ministry, rk singh, tod tariffs, solar hours, solar energy, power consumption, Electricity (Rights of Consumers) Amendment Rules, 2023 , msme electricity consumption

Power minister RK Singh to MSMEs: Shift consumption to solar hours to benefit from 20% lower power cost

The ToD tariff structure comprises different tariffs for power consumption during peak hours, solar hours and normal hours, providing price…

2 years ago

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Self Reliant India (SRI) Fund: Equity infusion in MSMEs nears Rs 5,000 crore

As part of the Aatmanirbhar Bharat package, Rs 50,000 crore equity infusion for MSMEs through Fund of Funds was announced.

2 years ago

Page 2 of Monsoon Session News

Latest News

Prominent leaders from several parties attend All-Party Meeting ahead of Monsoon Session of Parliament

New I-T Bill, mines law on monsoon session agenda

Reservoir water levels up 95% on year on early monsoon

Consumption booster from GST slabs rejig planned

Monsoon session to see heavy economic agenda