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  1. Business News
  2. About
  3. msme policy

Page 5 of MSME Policy

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The Prime Minister emphasised the critical role of value addition in agriculture and highlighted the benefits of these new varieties, which promise lower input costs and increased efficiency for farmers.
PM Modi: Govt working since 2014 to ensure working capital for MSMEs, reduce compliances and taxes

Highlighting the tax relief provided to MSMEs, PM Modi said “MSMEs earning up to Rs 50 crore in 2014 had…

July 30, 2024 18:29 IST
gdp
Share of MSME sector recovered to 30% in India’s GDP but still below pre-Covid levels: Govt data

For the uninitiated, former MSME Minister Nitin Gadkari in 2020 had targetted 40 per cent share of MSMEs in GDP by 2025…

July 25, 2024 13:34 IST
MSME experts voice gaps left in budget 2024
MSME experts highlight gaps left in Budget 2024

The MSME ecosystem collectively hailed the measures announced in the budget including a Rs 100 crore Credit Guarantee Scheme for manufacturing…

July 24, 2024 18:32 IST
Budget 2024 for MSMEs: New credit scheme, reduced TReDS turnover threshold, enhanced Mudra loan limit, more
Budget 2024 for MSMEs: New credit scheme, reduced TReDS turnover threshold, enhanced Mudra loan limit, more

The minister enhanced the limit for loans under the government’s Mudra scheme to Rs 20 lakh from Rs 10 lakh…

July 23, 2024 12:34 IST
Export share of MSME-related products recovers in FY24 after three years of decline: Govt data
Export share of MSME-related products recovers in FY24 after three years of decline: Govt data

For the uninitiated, the former MSME Minister Nitin Gadkari in 2020 had set a target of increasing MSMEs’ share in exports…

July 23, 2024 12:05 IST
Economic Survey
Economic Survey 2024 calls for deregulating MSME sector; suggests measures for credit access, growth

“Licensing, inspection, and compliance requirements that MSMEs have to deal with, imposed particularly by sub-national governments, hold them back from…

July 22, 2024 16:08 IST
How Union Budget 2024 can boost India’s fintech superpower
How Union Budget 2024 can boost India’s fintech superpower

Access to financial services stimulates investments, reduces economic vulnerabilities, and supports employment. However, many MSMEs and households in emerging metros…

July 21, 2024 12:44 IST
'Viksit Bharat vision hinges on economic growth with inclusive development, digital penetration, social welfare'
‘Viksit Bharat vision hinges on economic growth with inclusive development, digital penetration, social welfare’

The recent trends on India’s fiscal health remain favourable offering a promising outlook for the country’s economic stability and growth…

July 21, 2024 11:22 IST
Govt revises delayed payment form for buyers to furnish additional information on pending MSME dues; check details
Govt revises delayed payment form for buyers to furnish additional information on pending MSME dues; check details

The buyers are required to file the MSME form 1 by October 31 for the April to September period and…

July 17, 2024 12:23 IST
Budget
Budget 2024: What MSME experts want from first full budget of Modi 3.0 govt

Experts are optimistic that the Budget 2024 will have measures around logistic infrastructure, streamlined GST processes, workforce upskilling, and more.

July 16, 2024 15:18 IST
nirmala sitharman, budget 2024, union budget 2024, finance minister, narendra modi, modi 3.0, delayed payments, section 43b, income tax act, funding, credit, wtc mumbai, clix capital, aavishkaar capital hdfc bank
Budget 2024: Credit, skilling, 45-day payment rule, NPA norms among key asks from MSME sector

The budget, to be presented on July 23 by Finance Minister Nirmala Sitharaman, is expected to address the issue of…

July 12, 2024 18:15 IST
MSME 45-day payment rule, delayed payment to MSMEs, MSME buyers, MSME suppliers, Nirmala Sitharaman, Section 43B, Income tax act, budget 2024, finance act, gross domestic product, GDP, exports, Udyam registration, goods and services
Govt may ease requirement for large buyers to pay MSMEs within 45 days in Budget: Report

MSMEs fear that due to this provision, large buyers could cold-shoulder MSME suppliers and start buying either from those MSMEs…

July 10, 2024 11:35 IST
Budget 2024: What govt can do more to address structural dwarfism of Indian MSMEs
Budget 2024: What govt can do more to address structural dwarfism of Indian MSMEs

A possible long-lasting and far-reaching policy could be to provide a zero-interest rate environment for MSMEs in India.

July 9, 2024 17:31 IST
Budget 2024: Bring job-centric PLI scheme for MSMEs, review SMA framework, says FISME
Budget 2024: Bring job-centric PLI scheme for MSMEs, review SMA framework, says FISME

Other key recommendations from FISME included streamlining packing credit for export-oriented MSMEs, implementing insurance surety in place of bank guarantees,…

July 8, 2024 14:55 IST
money, rupee, India
Budget 2024: ‘Create new NBFC category serving priority sector, more specifically to MSMEs’

Given the changing business dynamics, monitoring the incipient risk of the MSMEs becomes imperative. The low risk and falling delinquency…

July 7, 2024 11:20 IST
MSME Day 2024: Govt launches Rs 277 cr scheme to help MSMEs get on ONDC; Yashasvini campaign for women-led units
MSME Day 2024: Govt launches Rs 277 cr scheme to help MSMEs get on ONDC; Yashasvini campaign for women-led units

The ministry said it expects 5 lakh MSEs to benefit from the scheme in three years, 50 per cent of…

June 27, 2024 16:02 IST
mckinsey global institute, msme productivity, large enterprises, economy, ICT, manufacturing, professional services, management skills, technology
Did you know? Indian MSMEs only 26% as productive as large companies: McKinsey report

The size of MSMEs matters in understanding their level of productivity relative to large enterprises in emerging economies including India.…

May 29, 2024 18:22 IST
public procurement, gem, government emarketplace, sc/st entrepreneurs, women entrepreneurs, msme sambandh, msme ministry, commerce ministry
Public procurement: Purchase of MSME goods by govt hits new high in FY24

According to the procurement policy, CPSEs need to procure at least 25 per cent of their total procurement value from…

May 27, 2024 16:18 IST
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