Page 56 of MSME News

msme exports, small business exports, inter ministerial coordination, cross border trade, logistics, mse exports, bhanu pratap singh verma, budget session, parliament

No complaints on poor inter-ministerial coordination hurting MSME exports: MSME ministry

Trade, import and export for MSMEs: The MSME sector’s share in India’s annual merchandise exports had dropped even as the…

February 13, 2023 18:11 IST

msme shut down, msme closed, small businesses closed, msme shut udyam registration, msme closures, udyam portal, bhanu pratap singh verma, budget session, parliament

Number of MSMEs closed in FY23 so far surpasses total closures during 2016-2022: Govt data

Technology for MSMEs: The number of closures till early February this fiscal was 0.59 per cent of over 18 lakh…

February 13, 2023 13:52 IST

Realizing Women’s Financial Inclusion: from Access to Usage of Bank Accounts

Credit and Finance for MSMEs: Given the penetration of banking services to every Indian household, being unbanked is no longer…

February 12, 2023 11:00 IST

#SME #MSME #smallbusiness #MSEs #profit #entrepreneur #startup #revenue #salary #cost #marketing #ROI #investment #businessactivity #rent #salaries #taxes #fund #income #money #DeepakGhadge

Why profit first strategy is key to running a successful business

Ease of Doing Business for MSMEs: One key reason why many start-ups or SMEs fail is because for them profit…

February 11, 2023 16:00 IST

#SME #MSME #smallbusiness #leadership #familybusiness #leaders #CSR #MSEs #credibility #management #collaboration #BAFConsultants #SimranSenani #familybusiness

What it takes for a successful implementation of leadership transition in a family business

Ease of Doing Business for MSMEs: Leadership transition plan is essentially a clear process with guidelines for transfer of responsibilities…

Updated: February 21, 2023 19:01 IST

MSME, SME, small business, COSIA, Industry Association, GST, lease, leased land, MIDC, Maharashtra Industrial Development Corporation, GST departments, Sandeep Parekh, Chamber of Small Industries Association, supply of service, transaction, GST exemption, Devendra Fadnavis, Industry Association, CGST

Industry Association COSIA asks govt to review GST levy on land lease transactions

Ease of Doing Business for MSMEs: Under GST, the initial lease of land from MIDC to the industry is exempt,…

February 10, 2023 23:06 IST

PM Modi urges businesses to utilise the government’s food processing PLI scheme

Ease of Doing Business for MSMEs: Hailing the food sector as one of the richest and diverse sectors of the…

February 10, 2023 18:40 IST

MSME, SME, small business, TReDS, insurance facility, working capital, MSME credit, capital flow, invoice financing, Trade Receivables Discounting System, MSME sellers, buyers, credit rating, insurance, insurance companies, RBI

Insurance companies can now participate in TReDS: RBI

Credit and Finance for MSMEs: Secondary market operations will also be enabled on TReDS platforms which would allow financiers to…

Updated: February 10, 2023 12:16 IST

MSME, SME, small business, Khadi, cotton weavers, handloom, KVIC, Khadi and Village Industries Commission, income, wages, weavers wages, Swadeshi, PM Modi, Khadi workers, artisans, MSEs, SMBs, employment, economy

KVIC increases wages of khadi weavers and artisans

Ease of Doing Business for MSMEs: The Khadi promotion body, Khadi and Village Industries Commission (KVIC) announced an increase in…

Updated: February 10, 2023 12:20 IST

MSME, SME, small business, MSME secretary, BB Swain, MSME sector, Union MSME minister, economic growth, credit, Indian Foundry Congress (IFC) and India Foundry Equipment Exhibition (IFEX), India Expo Centre, funds, collateral-free credit, credit guarantee scheme, casting products

Budget 2023-24 gives a boost to fund-starved sectors: MSME Secy

Credit and Finance for MSMEs: The MSME Secretary, B B Swain said that the launch of a revamped credit guarantee…

Updated: February 9, 2023 16:00 IST

NBFC, MSME, SME, small business, Clix Capital, Healthcare, school financing, AUM, pandemic, COVID, credit demand, disbursement, loan disbursals, MSME loans, technology, data, GNPA, Anil Chawla, Rakesh Kaul, co-lending

NBFC Clix Capital sets a Rs 100 cr profit target for FY23-24

Credit and Finance for MSMEs: Clix Capital is aiming to cross an AUM of Rs 5,000 crore by the end…

February 8, 2023 22:32 IST

MSME, SME, small business, Ministry of Finance, security, liquidated damages, Covid pandemic, Department of Expenditure, Vivad se Vishwas, Budget 2023, Finance Minister, economy, MSME firms, CPSEs, goods and services, GeM portal, MSME vendors, Finance Secretary T V Somanathan, government tender

FinMin asks govt dept and PSEs to refund 95% of the performance or bid security forfeited from MSMEs during the pandemic

Credit and Finance for MSMEs: The Finance Ministry’s Expenditure Department issued an office memorandum stating that all MSME vendors registered…

February 7, 2023 15:15 IST

MSME, SME, PM Modi, Narendra Modi, Industry, employment, panchayats, municipalities, Sports, jobs, MSME Sector, job opportunities, small business, Vishwakarma Kaushal Samman Yojana, PM-VIKAS, artisans

Sports has the potential to create jobs in the MSME sector: PM Modi

Ease of Doing Business for MSMEs: PM Modi hailed the new scheme Vishwakarma Kaushal Samman Yojana (PM-VIKAS) announced in the…

February 6, 2023 18:35 IST

Textile Park, MSME, SME, small business, industrialists, Madhya Pradesh, Textile, textile sector, land encroachment, Sukhpuri, Burhanpur, MSME department, employment, textile sector, power looms, cottage industry, artisans, clothes, small units, advanced technology

MP industrialists ask for govt intervention in textile cluster’s land encroachment issue

Ease of Doing Business for MSMEs: At an estimated cost of Rs 56 crore on 63 hectares, the MSME department…

February 6, 2023 18:26 IST

MSME, SME, small business, Punjab Government, Punjab Cabinet, Chief Minister Bhagwant Mann, industrial policy, EV policy, Punjab investors summit, Punjab Electric Vehicle Policy, PEVP, pollution, batteries, infrastructure, job creation, sustainability, New industrial and business development policy, economic growth, Housing and Urban development minister Aman Arora, ODOP

Punjab govt approves a new industrial and EV policy for the state

Ease of Doing Business for MSMEs: The new industrial policy of Punjab focuses particularly on the three key sectors -…

February 6, 2023 16:49 IST

MSME, sme, small business, credit, finance, Union Budget 2023, delayed payments, revenue, creditors, workforce, revenue, GDP, MSME Samadhan portal, Micro and Small Enterprises Facilitation Councils (MSEFCs), Pushan Sharma, Elizabeth Master, CRISIL Market Intelligence and Analytics

Union Budget 2023: Solving MSMEs delayed payment issue cleverly

Credit and Finance for MSMEs: The Union Budget’s 2023 announcement on linking deduction of expense to actual payment by buyers…

February 6, 2023 13:35 IST

cgtmse, credit guarantee scheme, sidbi, msme ministry, cgtmse loans, credit guarantee coverage, msme credit, small business loans, micro and small enterprises, bhanu pratap singh verma, budget session

CGTMSE: Nearly 8.50 lakh loan guarantees approved for micro, small units in FY23 till December

Credit and finance for MSMEs: CGTMSE was introduced back in July 2000 with an initial outlay of Rs 2,500 crore…

February 5, 2023 16:39 IST

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

Rs 3.60 lakh crore ECLGS loans sanctioned to MSMEs, others till December 2022: Mos MSME

Credit and finance for MSMEs: In FY23 till December-end, 85,352 loans involving Rs 24,162 crore were sanctioned to MSMEs and…

February 5, 2023 14:56 IST

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Campus startup hiring up 20–30% this year

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Startup hiring on college campuses is on the rise, with a 20-30% increase in recruiters at top institutes for the Class of 2026. Sectors like quick commerce, food delivery, consumer tech, and e-commerce are driving this growth. Non-IIT institutes are also being targeted, making startups a shining light in a slow placement year.

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