Public procurement: Modi govt’s purchases from women-owned small businesses hit record level in FY21

Ease of Doing Business for MSMEs: The share of women-owned micro and small enterprises in the government's overall purchases from MSEs stood at 0.15 per cent in FY19 and 0.32 per cent in FY20.

Budget 2021: Digitisation, job creation, youth skilling key for economic growth; may aid Atma Nirbhar Bharat

Union Budget 2021 India: The sudden momentum has made it imperative to enhance our investment in training, and skilling the youth and re-skilling the existing workforce with digital skills.

Budget 2021-22, Union Budget 2021

These tax, legal reforms in Budget 2021 may boost Indian economy as tax revenue seen at record low

Union Budget 2021 India: In addition to serious health implications for the humankind, the unrelenting crisis has left an indelible impact on economies across the world as well.

Budget 2021-22, Union Budget 2021

Budget 2021: RAI urges govt to formulate of national retail policy, allow retailers to register under MSMEs

At this juncture, all efforts are required to boost the local economy and help revive retail, saving millions of jobs. Budget 2021-22 will play a key role in this.

union budget 2021, budget 2021-22

Indian small businesses more confident than Asian peers in post-Covid recovery on back of tech adoption

Ease of Doing Business for MSMEs: Indian small businesses are relatively more confident of surviving in the post-Covid world than their other Asian counterparts.

MSMEs can now get loans for expenses before customer payments; Razorpay offers up to this much credit

Credit and Finance for MSMEs: The digital lending market size in India was around $75 billion in FY18 and is likely to grow to $350 billion by FY23 out of which around $100 billion is expected to be lent to MSMEs.

MSME Sampark: of MSME jobs sees 1200% jump in jobseekers even as employer base expands 13%

Skilling, Labour, Talent for MSMEs: MSME Sampark, which was launched in June 2018 by President Ram Nath Kovind to bridge talent gap for small businesses by employing trainees and students from 18 MSME Technology Centres in In

Delhi government to launch job portal, employers and job seekers both can register themselves, aam aadmi party

Small businesses bear maximum Covid brunt as net sales’ growth plunge this much in Q1 FY21

Ease of Doing Business for MSMEs: The assessment of small businesses was part of a performance sample of 1,666 companies which registered minus 25.3 per cent growth in net sales during Q1 FY21.

nitin gadkari, sme, msme, industry, sector, microfinance facility, economic revival

‘MSMEs’ fear in automating manufacturing not from robots but from resistance towards latter’s adoption’

Technology for MSMEs: While most people think of automation in terms of a completely human-free experience, the more realistic solution in the case of MSMEs is the use of cobots, a new kind of collaborative robotic system tha

Till now, the vision and navigation advancement of robots has been undertaken along two routes.

Modi govt says 3/4th of monthly MSME dues cleared in same month; paid this much amount during June-Aug

Credit and Finance for MSMEs: While the Finance Minister Nirmala Sitharaman had asked government entities in May to clear MSME dues within 45 days, the Department of Expenditure had issued an Office Memorandum in July asking

covid-19, Gen Z, Millennials, spending habits, financial habits, save, spend, shop, Tata Capital study,

Govt’s Rs 3 lakh cr credit guarantee scheme for MSMEs should also cover term loans, says U GRO’s MD

Credit and Finance for MSMEs: The first half of FY2021 is likely to see reduced disbursements by NBFCs that are also staring at the reality of degraded asset quality and to a significant extent, affected collections.

nitin gadkari, sme, msme, industry, sector, microfinance facility, economic revival

Ease of doing business: All-in-one form for regulatory approvals in offing for entrepreneurs

Ease of Doing Business for MSMEs: The government had in February this year notified SPICe+ to offer 10 services including incorporation, DIN allotment, mandatory issue of PAN, TAN, EPFO registration, ESIC registration, Profes

Small businesses see growth back in 3-5 years after facing Covid headwinds; recovery in 3-12 months

Ease of Doing Business for MSMEs: 83 per cent of respondents reported a decline in revenues while over 70 per cent saw an overall fall in investment during Covid period.

nitin gadkari, sme, msme, industry, sector, microfinance facility, economic revival

Delayed MSME payments: 75% dues pending by govt, CPSEs cleared in July, says MSME Secretary AK Sharma

Credit and Finance for MSMEs: MSME Secretary AK Sharma said that over 3 lakh MSMEs have happened in July and August on the newly launched portal for registration Udyam Registration.

Rs 3 lakh crore ECLGS: Over half of targeted number of MSMEs benefitted; 35% amount disbursed so far

Credit and Finance for MSMEs: State Bank of India continued to be the leading lender to MSMEs under the ECLGS. The bank has disbursed Rs 17,599 crore in 2,99,375 MSME accounts as of August 24, 2020, followed by Rs 7,621 crore

covid-19, Gen Z, Millennials, spending habits, financial habits, save, spend, shop, Tata Capital study,

Govt finally operationalizes Rs 20,000 cr credit scheme for distressed MSMEs; here’s how it works

Credit and Finance for MSMEs: The promoters of distressed MSMEs would be eligible to raise credit equivalent to 15 per cent of their stake (equity plus debt) in the business or Rs 75 lakh whichever is lower.

Gadkari’s mantra for MSMEs to make India construction equipment hub: JVs, clusters, research labs, more

Ease of Doing Business for MSMEs: The minister urged industries in construction equipment to develop industrial clusters, technology centers, research labs, and upgradation of technology and skills.

1,155 MSME vacancies for whopping 4.66 lakh candidates currently; these many placed in 2 years

Ease of Doing Business for MSMEs: Majority employment in the MSME sector has been in trade activities with 35 per cent (3.87 crores) share of jobs followed by 33 per cent (3.62 crores) in services and 32 per cent (3.6 crores)

Beyond ease of transactions, digital payments to help MSMEs ride wave of economic recovery

Credit and Finance for MSMEs: It is evident that the benefits of becoming a part of a robust digital payment ecosystem are recognized by MSMEs. From that perspective, Covid-19 is simply accelerating a shift to digital payment

अब किसानों से सीधे खरीद सकेंगे अनाज, दाल और सब्जी; मिलेगी होम डिलीवरी

केन्द्रीय MSME मंत्री नितिन गडकरी ने सोमवार को एक ऑनलाइन पोर्टल लॉन्च किया.

now consumers can buy groceries directly from farmers, MSME Minister Nitin Gadkari launched online portal, VedKrishi

YoY bank credit to MSMEs in June highest in Q1 but deployment to manufacturing units remained negative

Credit and Finance for MSMEs: MSEs in the services sector witnessed a sharp growth in credit deployment from banks. From 4 per cent year-on-year growth in May 2020, June saw 11.9 per cent growth from the year-ago period.

At the same time, managements of lending institutions have been cautious in arriving at a final level as borrowers are entitled to opt for the moratorium up to August 31.

Rs 3 lakh cr ECLGS: Nearly 33% of amount disbursed so far; this many MSME loan accounts credited

Credit and Finance for MSMEs: State Bank of India remained the biggest lender disbursing over Rs 16.5k crore as of August 12 followed by nearly Rs 7k crore disbursed by Punjab National Bank, Rs 6.5k crore by Canara Bank, Rs 5

Delayed MSME payments: Rate of cases settled remains low; govt urges buyers to clear dues in 45 days

Credit and Finance for MSMEs: Since October 2017, when the delayed payments monitoring portal MSME Samadhaan was launched, the number of cases settled has remained low at 22.3 per cent. Out of 16,196 cases filed in MSE Facili

‘Over one-third of nearly 40 million MSMEs dissatisfied with performance of family members in business’

Ease of Doing Business for MSMEs: More than 60 per cent of the 65 million MSMEs have some family members working either directly and indirectly and in over one-third of the cases, the owners are dissatisfied with their perfor

business, atma nirbhar bharat, white house, economic advisor, self reliant
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