Page 82 of MSME News

FM Nirmala Sitharaman to review Stand-Up India, Mudra, CGTMSE, other schemes for SCs tomorrow

Credit and finance for MSMEs: According to the ministry, Stand-Up India, Pradhan Mantri Mudra Yojana, National Rural Livelihood Mission (NRLM),…

September 26, 2022 19:20 IST

Flipkart’s Samarth programme sees 300% growth in seller base from last year, says company

Ease of doing business for MSMEs: “This was brought about by securing multiple strategic engagements with the state and central…

September 26, 2022 18:20 IST

Tamil Nadu, Textile Centre, Tiruppur Exporters' Association (TEA), ECLGS, Emergency Credit Line Guarantee Scheme, Garment Sector, MSMEs, Nirmala Sitharaman, Union Minister of Finance, Tirupur, Knitwear Garment, Raja M Shanmugham, COVID Pandemic, Russia-Ukraine War, EU, UK, USA, RBI, Shaktikanta Das, Non Performing Assets, NPA, MK Stalin

Tiruppur Exporters’ Association (TEA) urged the government to announce ECLGS for Garment Sector MSMEs

Credit and Finance for MSMEs: TEA in a press statement to Nirmala Sitharaman, Union Minister of Finance has said that…

September 26, 2022 18:17 IST

Amendment, Companies Act, small business, small business definition, businesses, official estimates, penalties and compliance regime, startups, Ministry of corporate affairs, small companies, informal sector, startup ecosystem, technology, MSMEs, manufacturing, trading, non agricultural MSMEs

Amendment in the definition of small biz to benefit 1.2 million companies

Ease of Doing Business for MSMEs: The businesses will now be eligible for lower penalties and a simplified compliance regime.

September 26, 2022 18:05 IST

42% small businesses, startups finding it difficult to file tax return, audit report by Sep 30 deadline: Survey

Ease of doing business for MSMEs: 16 per cent of respondents said “it will be a significant effort” filing by…

September 26, 2022 18:00 IST

Govt looking to reduce turnover threshold for corporates to get onboard TReDS: Addl DC MSME Ishita Ganguli Tripathy

Credit and finance for MSMEs: “The registration cut-off is Rs 500 crore right now but we have requested the Finance…

September 26, 2022 14:47 IST

MSMEs, MSME, SME, small businesses, chief economic advisor, fintech, smetech, Account Aggregator, Unified Payments Interface, UPI, Credit Enablement Network, OCEN, Global Fintech Festival, Aatmanirbhar Bharat Stimulus Package, GFF, Covid-19, Goods and Service Tax, GST, Micro, Small and Medium Enterprises, United Kingdom

India’s lending potential for MSMEs likely to reach Rs 3 trillion by FY23: CEA V Anantha Nageswaran

Credit and Finance for MSMEs: The next wave in fintech will be cash flow-based lending to MSMEs using Account Aggregator…

September 26, 2022 10:49 IST

Rajasthan approves Rs 100 cr additional package for small businesses; provides exemptions for exporters

Credit and finance for MSMEs: Gehlot had proposed a financial package of Rs 150 crore under the ‘Mukhyamantri Laghu Protsahan…

September 25, 2022 19:21 IST

Only 5.8% of women MSMEs got govt help during pandemic: ICRIER report

Ease of doing business for MSMEs: The most common issue reported by 60.5 per cent of the MSME owners was…

September 25, 2022 15:54 IST

PM Narendra Modi: Break all records this festive season to buy products of khadi, handloom, handicrafts

Ease of doing business for MSMEs: PM Modi also requested people to pledge to “intensify the campaign’ on the occasion…

September 25, 2022 13:24 IST

Lending platform, Mayur Modi, Moneyboxx, Credit finance, MSMEs, SMEs, MSEs, SMBs, smallbusiness, financial emergencies, institutions, credit demand, WBG-Intellecap, creditdemand, formal lenders, demand. supply, banks, financial players, NBFCs, traditional lenders, Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri MUDRA Yojana, fintech

How new-age lending platforms are resolving financial emergencies

Credit and Finance for MSMEs: As per demand and supply estimates, banks and other traditional financial players are unable to…

Updated: September 24, 2022 17:52 IST

Utkarsh Small Finance Bank, Govind Singh, Uttar Pradesh, Bihar, Jharkhand, Odisha, Karnataka, Gujarat, Haryana, Punjab, Rajasthan Maharashtra, Banking, financial services, India, state, union territory, wholesale lending, micro banking loans, MSME loans, housing loans, loan against property

Utkarsh Small Finance Bank Limited launches 22 new banking outlets to improve access to financial services

Credit and Finance for MSMEs: Govind Singh, MD and CEO of Utkarsh Small Finance Bank Limited launched these outlets on…

September 23, 2022 17:34 IST

Indian Navy, shipyard, MSME, SME, small businesses, Visakhapatnam, Pakistan Navy submarine Ghazi, INS Nistar, INS Nipun, DSV, Diving Support Vessels, Aatmanirbharta, Hindustan Shipyard Limited, Admiral R Hari Kumar, Indian Ocean Region, submarines, self-reliance

Over 120 MSMEs helped in building two Diving Support Vessels for Indian Navy

Ease of Doing Business for MSMEs: Shipyard for the project has been built extensively using the materials and services procured…

September 23, 2022 15:57 IST

MSME, SME, industries, GSDP, Agriculture, Service sector, sector-wise GSDP, Tamil Nadu, Reserve Bank of India, Gross State Domestic Product, Micro, Small and Medium Enterprises, GDP growth, demonetisation, automobile companies, small businesses, manufacturing sector, Maharashtra, Karnataka, Gujarat, economy, economy growth

Tamil Nadu MSMEs’ share in GSDP witnessed maximum decline, sector-wise growth stagnant: RBI data

Ease of Doing Business for MSMEs: Tamil Nadu’s sector-wise contribution towards Gross State Domestic Product (GSDP) has remained stagnant in…

September 23, 2022 13:41 IST

PLI, textile, bed spreads, blankets, textile accessories, stitching, Ministry of Textiles, Government, double turnover, incentives, sewing machine, sops, home textiles, lace, button, zippers, garments, manufacture, investment, labor, companies, budget, scheme, industry

PLI 2.0 for textiles may see incentives for bed spreads, blankets and textile accessories manufacturers

Ease of Doing Business for MSMEs: The textile ministry is considering PLI 2.0 since it has an unutilized budget of…

September 22, 2022 18:35 IST

MSME, SME, small business, GeM, Government e-Marketplace, micro, small and medium enterprises, Make in India, Directorate General of Supplies and Goods, Tamil Nadu Treasuries and Accounts Department, e-commerce, government tenders, self-help groups, SHGs, startup, GeM Seller Samvaad

Tamil Nadu sellers get orders worth Rs 7,400 cr through GeM

Ease of Doing Business for MSMEs: Tamil Nadu has done transactions worth Rs 1,108 crore through GeM since 2014 and…

September 22, 2022 18:03 IST

With 26,000 MSMEs in fragrance sector, MSME Secy calls for sustainable supply chain to boost local, export demand

Ease of Doing Business for MSMEs: The MSME Ministry currently has a Fragrance & Flavour Development Centre (FFDC) at Kannauj,…

September 22, 2022 17:49 IST

GlobalData, medical devices, defibrillator market, healthcare news,

NSIC partners with medical tech park AMTZ to support MSMEs in healthcare

Ease of doing business for MSMEs: MSME Minister Narayan Rane said the MoU will be a significant step toward enhancing…

September 22, 2022 16:48 IST

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Nafed to launch e-auction portal for selling agri-commodities

Business39 min ago

Nafed, the government’s largest procurement agency for oilseeds and pulses, is launching its own e-auction portal ‘Nafex.in’ to sell agricultural commodities. The portal will also allow state-level cooperatives and agencies to participate. Nafed currently uses private platforms for auctions and is implementing new technology to improve efficiency.

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