Page 54 of MSME News

MSMEs’ 45% export share includes contribution of large units too: DGFT’s Prafulla Chandra Mishra

Trade, import and export for MSMEs: India is currently targeting around $760 billion in overall exports in FY23, up from the…

March 1, 2023 19:49 IST

bank loans to msme, rbi, reserve bank of india, rbi data, priority sector credit, msme loans, small business loans, mse sector, msme bad loans, gross npas in msme sector

Bank credit to micro, small enterprises grew 15% in January: RBI data

Credit and finance for MSMEs: The total bank credit deployed to MSEs and medium enterprises in January stood at Rs…

March 1, 2023 13:33 IST

period cramps, menstrual cramps, women's health, healthcare news,

The 5 P’s of rekindling entrepreneurship

Ease of Doing Business for MSMEs: A broad strategy for entrepreneurship development can give preference to the following: would be…

February 28, 2023 18:43 IST

5g test bed, department of telecommunications, dot, aatmanirbhar bharat, make in india, 5g for msmes, software testing, IIT Madras’s Centre of Excellence in Wireless Technology (CEWiT), IIT Delhi, IIT Hyderabad, IIT Kanpur and Indian Institute of Science (IISc) Bangalore.

Govt extends free 5G test bed facility for registered MSMEs, startups till January 2024

Technology for MSMEs: The government in August last year had announced the free use of the test bed for six…

February 27, 2023 17:25 IST

pmegp, prime minister employment generation programme, pmegp jobs, pmegp subsidy, kvic, khadi, bee boxes, pmegp employment, pmegp new enterprises

PMEGP: KVIC releases Rs 100 crore in subsidy to over 3,000 beneficiaries

Credit and finance for MSMEs: “Under the PMEGP scheme, more than 8 lakh projects have been approved so far, under…

February 27, 2023 14:52 IST

microfinance, mfi, nbfc-mfi, small business finance, not for profit mfis, banks, micro credit, micro loans, sa-dhan, par 180+ days, portfolio delinquency, microfinance npa

Microfinance loans unpaid beyond 180 days jump in December quarter: Report

Credit and finance for MSMEs: As of December 31, 2022, portfolio at risk (PAR) 180+ days past due (dpd) deteriorated to…

February 27, 2023 13:33 IST

digital payments, online payments, msme payments, merchants, retailers, payworld, small business dues, upi, ussd payments, cross border payments, digital payment settlement

Outlook: How 2023 will shape landscape of digital payments for retailers, small merchants

Credit and finance for MSMEs: Payments are an important leg but now that we have built on payments, it is…

February 25, 2023 12:45 IST

eclgs, emergency credit line guarantee scheme, sbi, soumya kanti ghosh, eclgs npa, eclgs workers, eclgs loans, msme accounts, micro and small enterprises, bhanu pratap singh verma

Over 97% of ECLGS borrowers micro and small enterprises: Govt data

Credit and finance for MSMEs: 98.9 lakh ECLGS guarantees involving Rs 13,683 crore issued were up to Rs 1 lakh while…

February 23, 2023 18:33 IST

indong tea company, indong tea estate, bse sme, bse, msme listing, issue price, stock exchange, equity funding

Kolkata-based tea maker Indong Tea Company lists on BSE SME exchange

Credit and finance for MSMEs: The company’s revenue from operations stood at Rs 13.24 crore while it recorded net profit…

February 22, 2023 19:50 IST

Bank, MSME, SME, ONDC, Small business, DBS Bank India, partnership, eSamudaay, small towns, Open Network for Digital Commerce, local commerce, ecommerce, digitalisation, traditional banking credit and cash management, business growth, payroll, financial solutions, banking, digital enterprise, software product

DBS Bank India partners with eSamudaay to provide financial solutions to MSMEs through ONDC

Credit and Finance for MSMEs: The rationale is to leverage data from eSamudaay digital solutions and analyse the end users’…

February 22, 2023 18:34 IST

direct benefit transfer, dbt scheme, msme ministry, ATI Scheme (Training Component), MPDA Grant to Khadi Institutions, Coir Vikas Yojana, SFURTI, Prime Ministers Employment Generation Programme (PMEGP), Entrepreneurship and Skill Development Programme, International Co-operation (IC) Schemes

Direct Benefit Transfer: Funds transferred under MSME min’s DBT schemes jump 18% till Dec in FY23

Ease of doing business for MSMEs: The highest amount of Rs 1,505.61 crore was transferred under the Prime Ministers Employment…

February 22, 2023 18:09 IST

defence, aerospace, msmes in defence, sidbi, indian air force, iaf, indian navy, defence procurement, siati

SIDBI signs MoU with aerospace body SIATI to benefit MSMEs in aerospace, defence

Ease of doing business for MSMEs: “This would serve as a knowledge depository about defence sector or defence public sector…

February 21, 2023 20:23 IST

MSME, SME, Andhra Pradesh, New Industrial Policy, Andhra Pradesh CM, entrepreneurs, Y S Jagan Mohan Reddy, marketing, agencies, machinery, startups, infrastructure, small business, port-based industries, international companies

AP Industrial Policy should be conceptualised along with entrepreneurs: CM Reddy

Ease of Doing Business for MSMEs: Chief Minister Y S Jagan Mohan Reddy tasked officials to confirm that the new…

February 21, 2023 19:14 IST

khadi and village industries, kvic, khadi sector, kvic jobs, kvic turnover, kvic employment, village industry products

Khadi and village industries’ growth rate likely to decline in FY23: Govt data

Ease of doing business for MSMEs: Compared to Rs 59,182 crore khadi and village industries’ turnover in FY18, the FY23…

February 21, 2023 18:29 IST

msme jobs, msme employment, small business jobs, small business employment, total employment in india, unemployment, pmegp, job creation, employment in micro enterprises, msme sampark

Nearly 3,000 candidates placed in current FY through MSME ministry’s job portal Sampark

Skill, labour, talent for MSMEs: Candidates placed via the Sampark portal so far represented only 0.03 per cent of 10.2…

February 21, 2023 14:21 IST

Finance Minister, Nirmala Sitharaman, PSBs, banks, public sector banks, private banks, private lenders, MSME credit, SME credit, small business, MSEs, ECLGS, credit scheme, pandemic, COVID 19, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Loan Guarantee Scheme for COVID-Affected Sectors, LGSCAS, hospitality, Union Budget 2023

FinMin to review progress of MSME credit schemes ECLGS and LGSCAS

Credit and Finance for MSMEs: The meeting is likely to be chaired by Financial Services Secretary Vivek Joshi and will…

Updated: February 21, 2023 10:43 IST

Video: TReDS brought the power of financing to MSMEs instead of banks earlier, says KredX’s Manish Kumar

Logistics for MSME: “MSMEs don’t have to go to the bank instead it is the other way around. This is…

February 20, 2023 20:02 IST

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Slowdown woes continue to weigh on Trent

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Tata-group firm Trent reported its slowest growth in at least sixteen quarters in Q2, triggering a meltdown on the bourses. The stock slumped over 7% as the company’s Q2 topline growth came in at 11.3%, below its target of 25%. Brokerages have downgraded the stock citing competitive pressures and weak consumer sentiment.

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