Page 63 of MSME News

m1xchange, mynd solutions, rbi, reserve bank of india, trade receivables, invoince discounting, monetary penalty, invoicemart, rxil

RBI slaps Rs 13.90 lakh penalty on M1xchange’s promoter Mynd Solutions for non-compliance

Ease of doing business for MSMEs: Mynd Solutions runs RBI-licensed TReDS platform M1xchange. TReDS was introduced by the central bank…

January 1, 2023 13:55 IST

#MSMEs #SMEs #smallbusiness #SMB #MSMEregulations #largecapbusiness #compliance #RishiPatil #Executive81 #governmentlaws #laborrules #microenterprise #financialcosts #entrepreneurs #innovation #marketing #manufacturing

MSMEs are gripped in an anaconda of regulations

Ease of Doing Business for MSMEs: While Retaining Innovation one has to make sure all aspects of your business are…

December 31, 2022 16:00 IST

#Leadership #MSMEs #SMEs #smallbusiness #SMB #familybusiness #professionalisation #businessowners #businessleader #successor #SimranSenani #familybusiness #BAFconsultants

Leadership transition in professionalising a family business

Ease of Doing Business for MSMEs: Amidst the pressures of today’s fast-paced and uncertain life, it is imperative to plan…

December 31, 2022 10:00 IST

Textiles, MSMEs, SMEs, Trade Facilitation Centre, Karur, manufacturers, exporters, Rohit Kansal, Prajakta L. Verma, Textile Park, textile wet processing park, CETP, Common Effluent Treatment Plant, small scale industries, small businesses, SMBs, Textile Ministry

Manufacturers and exporters urge the Textile Ministry to set up a textile wet processing park in Karur

Ease of Doing Business for MSMEs: The Ministry of Textiles could also contemplate setting up an Integrated Textile Trade Facilitation…

December 30, 2022 14:57 IST

FOSMI, Federation of Small & Medium Industries, West Bengal, Industry Body, Budget 2023, CLCSS, Credit Linked Capital Subsidy Scheme , MSMEs, MSEs, SMEs, SMBs, small business, Financial Year 2023, incentive, start up, ease of doing business, ATUFS, Amended Technology Upgradation Fund Scheme, CIS, capital investment subsidy scheme

FOSMI urges govt to renew Credit Linked Capital Subsidy Scheme in its Pre-Budget Memorandum

Credit and Finance for MSMEs: FOSMI urged the government to either renew the Amended Technology Upgradation Fund Scheme (ATUFS) or…

December 29, 2022 20:31 IST

Sugar, MSME, SME, SugarCane, small business, MSME sector, raw material, sugar prices, sugar producers, sugar season, sugar mills, international markets, domestic market, Indian Government, export cap, Trade, import, export, sugar mill

MSME sector may see lower margins due to stable sugar prices and hike in sugarcane cost

Ease of Doing Business for MSMEs: The government imposed an export cap at 11.2 MT for the 2022 sugar season…

December 29, 2022 20:20 IST

sfb, small finance bank, regiona rural bank, private banks, public sector banks, foreign banks, careedge, care ratings, gross NPAs, GNPAs

Small finance banks see highest credit growth in Q2 vis-a-vis private banks, PSBs, foreign banks, others

Credit and finance for MSMEs: In comparison to SFBs, private banks recorded the second highest growth followed by PSBs, foreign…

December 29, 2022 20:18 IST

msme loans, sidbi, ambit finvest, colending, co-lend loans, colending arragement, msme credit, nbfc, non banking financial companies, colend finance

SIDBI, Ambit Finvest to co-lend unsecured loans to MSMEs

Credit and finance for MSMEs: Co-lending is one of the focus areas for SIDBI as it lends directly to MSMEs…

December 29, 2022 19:20 IST

NBFC loans to MSMEs jump 14% in FY22 from 2.8% in FY21: RBI report

Credit and finance for MSMEs: Growth in NBFC credit to MSMEs came on the back of ECLGS while the co-lending…

December 29, 2022 18:42 IST

Kerala, P Rajeev, MSMEs, SMEs, small businesses, turnover, B2B summit - Exploring Business Alliance, Kochi, Industrial Department, employment, enterprises, Kerala Government, Ease of Doing Business, municipalities, PSUs, Pinarayi Vijayan, Kerala CM

Kerala govt aims to transform 1,000 MSMEs into Rs 100 crore turnover companies

Ease of Doing Business for MSMEs: The government of Kerala is outlining a plan for PSUs (Public Sector Undertakings) so…

December 29, 2022 15:06 IST

sidbi, uap, udyam, micro enterprises, msme

Coming soon: Udyam-like registration portal for MSMEs

Ease of doing business for MSMEs: The new portal will support the MSME ministry’s aim to bring more informal MSMEs…

December 29, 2022 14:11 IST

Weaver, MSME, SME, SMB, small business, Andhra Pradesh, Textile Ministry, Handloom weaver, loan, credit, bank, Weaver Mudra Scheme, Textiles, artisans, powerloom, Vizianagaram, government scheme

Central Govt’s Weaver Mudra Scheme provides financial aid to 370 weavers in Vizianagaram, AP in three years

Ease of Doing Business for MSMEs: Vizianagaram is home to around 800 weavers who depend on handloom/khadi weaving.

December 29, 2022 11:05 IST

Banks’ GNPAs in micro, small enterprise loans stood at 16.8% in FY22: RBI

Credit and Finance for MSMEs: The share of MSE GNPAs for small finance banks in their total NPAs was highest…

December 28, 2022 20:38 IST

Odisha, Odisha Government, Capital Investment Subsidy, MSEs, SMEs, MSMEs, small business, plants and machineries, Naveen Patnaik, Government policy, investment, Industrial Estate, Sustainability, Green Industries, non-polluting measures, trademark, patent

Odisha govt announces a new MSME Development Policy 2022, prioritises MSEs in industrial backward areas

Ease of Doing Business for MSMEs: The policy offers an additional Capital Investment Subsidy of 5 per cent for eight…

December 28, 2022 19:35 IST

MSME credit growth ‘distinctly higher’ than large industries post Covid: RBI report

Credit and Finance for MSMEs: MSME industries’ credit jumped by nearly 20 per cent in FY21 and more than 35…

December 28, 2022 18:35 IST

TReDS: MSME invoices uploaded, financed in FY22 more than doubled from previous year, says RBI report

Credit and finance for MSMEs: The invoice volume uploaded on TReDS jumped from 8.61 lakh invoices involving Rs 19,669.84 crore…

December 28, 2022 17:16 IST

Credit, Finance, MSMEs, Government Schemes, MSME schemes, SMEs, MSEs, small businesses, Merchant Credit Card (MCC) Scheme, Vyapar Credit Card (VCC) , microunits, entrepreneurs, subsidies, interest rate, Credit Guarantee Fund, credit card, Udyam Portal, MSME lending, MSME loans, SIDBI, Small Industries Development Bank of India

Centre to launch a Credit Card Scheme and Vyapar Credit Card for micro units

Credit and Finance for MSMEs: The VCC (Vyapar Credit Card) is expected to offer an interest-free credit period of up…

December 28, 2022 15:07 IST

Textile, Tamil Nadu, Tiruchi, Textile Industry, subsidies, incentives, Mini Textile Park scheme, southern districts, textile value chain, MSMEs, SMEs, SMBs, MSEs, small business, policy, New Integrated Textile Policy 2019

The Textile Department informs prospective investors in Tiruchi district on Mini Textile Park Scheme

Ease of Doing Business for MSMEs: Mini Textile Park will be set up under various categories including – spinning, weaving,…

December 27, 2022 22:02 IST

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Insurance and Insolvency Bills may be passed in “short” winter session

Industry1 hr ago

The Winter session of Parliament, beginning on December 1, will focus on passing economic Bills related to insurance reforms and insolvency resolution. The government aims to increase the FDI limit to 100%, introduce composite licensing, and ease restrictions for foreign-owned insurance companies. The Bill will also introduce new mechanisms to expedite insolvency cases.

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