Page 49 of MSME News

New NEP implemented considering requirements of modern and developed India, says PM Modi.

PM Modi: Vishwakarma Yojana to help train small artisans, connect them with MSMEs

Skill, labour, talent for MSMEs: The PM Vishwakarma Yojana was announced in the budget in February for traditional artisans and…

April 12, 2023 15:09 IST

fdi, foreign direct investment, foreign investment, fdi in small businesses, fdi in msme sector, fdi in msmes, fdi in micro enterprises, rbi, reserve bank of india, fdi impact on profitability of businesses

RBI paper: FDI plays greater role in enhancing profitability of larger firms as compared to smaller units

Credit and finance for MSMEs: The government currently doesn’t maintain specific data for FDI in the MSME sector. Also, no…

April 12, 2023 13:55 IST

document, adobe, document digitisation, exports, technology, digital adoption, digital document, online document

Video: ‘Document-disconnect’ can delay growth of exporters, says Adobe’s Neha Bhatia

Technology for MSMEs: In an interaction with FE Aspire, Neha Bhatia, Document Cloud – Specialist, Adobe throws light on digital…

April 11, 2023 19:49 IST

technology centres, tool rooms, extension centres, rfp, request for proposal, bid, tender, cpse, central public sector enterprise, dc msme office

Govt invites bids from CPSEs to set up 20 new MSME Technology Centres

Technology for MSMEs: Currently 18 technology centres exist in the country while another 15 are in various stages of development.…

April 11, 2023 19:26 IST

yubi, colending, nbfc, bank loan, co-origination of loans, debt marketplace, loans to msmes, loans to small businesses, smb credit, small business loans

Co-lending platform Yubi records 250% growth in FY23 transaction volume

Credit and finance for MSMEs: Co-lending as a model has gained momentum in the country as it allows banks to…

April 11, 2023 13:24 IST

flexiloans, online loans, msme loans, digital loans, small business loans, digital lender, flipkart, amazon, online credit, collateral free loan

Digital MSME lender FlexiLoans’ AUM triples in FY23 from previous year

Credit and finance for MSMEs: FlexiLoans said it has access to over 10 million MSMEs in India through its partners…

April 10, 2023 14:44 IST

eclgs, emergency credit line guarantee scheme, eclgs npa, eclgs workers, eclgs loans, msme accounts, micro and small enterprises

MSME loan default: Lakhs of micro units turn NPAs under govt’s ECLGS scheme; check details

Credit and finance for MSMEs: As of February 28, 1.13 crore MSME borrowers were supported with Rs 2.40 lakh crore…

April 10, 2023 13:46 IST

export, msme export, small business export, global trade, russia ukraine war, recession, india exports, export schemes, msme ministry

Video: 90% of exporters with insurance cover are small businesses, says ECGC’s Gaurav Anshuman

Trade, import and export for MSMEs: Gaurav Anshuman, DGM and Regional Manager, Northern Region, ECGC in an interaction with FE…

April 9, 2023 16:00 IST

logistics, supply chain management, saas, data analytics, fleet management, digital logistics

How MSMEs can leverage data analytics in logistics to optimize operations, reduce costs

Technology for MSMEs: The MSME movement is focused on expansion. They have the biggest challenge in terms of achieving growth…

April 8, 2023 16:00 IST

budget 2023, nirmala sitharaman, delayed payments, msme credit, cgtmse, rural artisans, iamsmeofindia, msme association, rajiv chawla

Video: FY23 budget to bring cultural change in MSMEs’ payment issue, says expert

Credit and finance for MSMEs: How budget announcements will positively impact micro and small businesses this year and ahead with better…

April 6, 2023 19:07 IST

pm modi, narendra modi, standup india loan scheme, standup india for women, standup india for sc-st entrepreneurs, nirmala sitharaman, finance minister, loans sanctioned

PM Modi hails Stand-Up India scheme for SC/ST, women; says boosted people’s spirit of enterprise

Credit and finance for MSMEs: The scheme had received 2.04 lakh applications involving Rs 48,046 crore, of which 1.84 lakh…

Updated: April 6, 2023 12:46 IST

msme shutdown, msme closure, udyam registration, udyam portal, udyam registration cancellation, msme registration, udyam assist platform, bhanu pratap singh verma, msme ministry, parliament, budget session

Why 73,576 MSMEs have cancelled their Udyam licenses? Check here

Ease of doing business for MSMEs: The total cancellation count was only 0.43 per cent of 1.67 crore MSMEs registered…

April 5, 2023 19:44 IST

rbi, reserve bank of india, bank credit to msmes, msme loans, central bank, priority sector loans, msme credit gap

Rs 15.6 lakh crore deployed to micro, small enterprises in February under priority sector lending: RBI data

Credit and finance for MSMEs: Overall, credit deployed by banks to MSEs and medium units in February 2023 stood at Rs…

April 5, 2023 12:48 IST

msme, sme, industry news, SME news, crude oil, ebitda

Margins of 15% of MSMEs to lag pre-pandemic level in FY24: Report

This is in sharp contrast to Corporate India, which logged a decadal-high Ebitda margin in fiscal 2021.

April 5, 2023 03:50 IST

msme exports, small business exports, fe smexports, global trade, cross border trade, merchandise exports, services exports, trade deficit, climate change

Video: Climate change a big risk as well as opportunity for MSMEs, says CUTS International’s Sushil Muhnot

Trade, import and export for MSMEs: According to a World Trade Report 2022, climate change can also impact international trade…

April 4, 2023 19:49 IST

crisil, raw material, input cost, commodity prices, credit rating agency, msme asset quality, interest rates, inflation, exports, credit rating downgrade

MSMEs will now have to contend with higher input costs and increasing interest rates: Crisil

Credit and finance for MSMEs: The agency’s credit ratio (credit rating upgrades to downgrades) moderated to “expected” 2.19 times in…

April 4, 2023 14:52 IST

crisil, msme revenue, msme margin, msme ebitda, msme growth, msme growth, small business revenue, covid impact on msmes

MSME sector’s EBITDA margin to cross pre-pandemic levels this fiscal; revenue to grow 1.36x: Crisil

Credit and finance for MSMEs: The Ebitda margin, however, of 10-15 per cent of the MSME sector by value will…

April 4, 2023 12:57 IST

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An incorrect name on your Aadhaar can lead to severe issues with KYC (Know Your Customer) compliance, bank accounts, and benefits distribution.

Aadhaar card online update: How to change name, address, date of birth and phone number online in simple steps

Who is Delhi Red Ford blast suspect? 34-year-old Pulwama man at the center of probe

India News9 min ago

Nine people were killed and multiple injured in a blast near Red Fort in Delhi. The explosion took place in a car at a traffic signal near Lal Quila metro station. The car was linked to a Pulwama resident suspected to have ties to a terror network. Security agencies have issued a high alert and are investigating the incident.

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