Page 11 of MSME

Udaan fintech, Udaan fintech news, msme, msme news, industry, industry news, financial express

Udaan’s ‘micro-market’ strategy shows promise, says Redseer

In each such micro-market, the usual residential population is about 40,000-50,000, with an average size of around 3 km, and…

February 15, 2024 02:30 IST

msme, vodafone idea, vi, msme digital services, industry

MSMEs need a digital boost; digital adoption and maturity sector is suboptimal

Despite 54% of the surveyed MSMEs facing obstacles in deploying IoT solutions, projections indicate a significant opportunity in India’s MSME…

February 15, 2024 01:00 IST

narayan rane, msme ministry, technology centres, tool rooms, msme, one district one product

Union Minister Narayan Rane to inaugurate MSME technology centers

Minister Rane will inaugurate three Technology Centres at Kanpur (Uttar Pradesh), Baddi (Himachal Pradesh) and Imphal (Manipur).

Updated: February 16, 2024 13:26 IST

Over 35,000 MSMEs shut so far post Covid; Maharashtra, TN, Gujarat see highest closures

The closures since July 2020 were 0.09 per cent of 3.70 crore units registered on the Udyam portal, as of…

February 12, 2024 11:15 IST

carbon tax, european union, eu, industry

House panel asks govt to seek carbon tax deferment

CBAM entered into a reporting phase from October 1 last year where exporters of seven products including steel, aluminium, cement…

February 9, 2024 02:00 IST

rbi, reserve bank of india, bank credit, cgtmse, bank loan, nirmala sitharaman, finance minister, msme ministry

CGTMSE: Govt’s collateral-free loan scheme for MSMEs surpasses Rs 1.50 lakh crore

In July last year, the ministry had announced a Memorandum of Association between Udyam and CGTMSE for latter to access…

February 2, 2024 17:43 IST

budget 2024, nirmala sitharaman, budget for msmes, finance for msmes, technology for msmes, training for msmes, capital expenditure, Rs 1 lakh crore interest free loan

Budget 2024: Timely finance, tech, training for MSMEs important policy priority for govt, says Sitharaman

FM Nirmala Sitharaman said that orienting the regulatory environment to facilitate MSMEs’ growth will be an important element of this…

February 1, 2024 13:34 IST

budget 2024, interim budget, budget expectations, finance minister, Nirmala Sitharaman, MSME, Credit Availability, tax rationalization, Skill Development, collaboration

Fostering growth: Anticipating Budget measures for India’s MSMEs

With their potential to contribute significantly to job creation, exports, and overall industrial growth, these businesses eagerly await the 2024…

February 1, 2024 08:32 IST

budget 2024, union budget, budget 2024-25, nirmala sitharaman, parliament, february 1, budget expectations, assocham, pli, production linked incentive, spiritual tourism, droupadi murmu, education, health

“There will be initiatives on health, education in interim budget,” says Chairman of ASSOCHAM’s National council on MSME

The Budget session of Parliament, the last session before the general elections expected in April-May, will begin on January 31…

January 30, 2024 13:12 IST

budget 2024, union budget, budget 2024-25, nirmala sitharaman, parliament, february 1, budget expectations, msme, delayed payments, insurance, oaknorth, m1xchange, vedas exports, policy bazaar, bizongo, udyam, treds, manufacturing

Budget 2024: MSME experts call for measures to address working capital-related challenges

Ahead of the interim budget, in an election year, to be presented by Finance Minister Nirmala Sitharaman on February 1,…

January 19, 2024 17:47 IST

cgtmse, eclgs, budget 2024, nirmala sitharaman, msme budget expectations, msme credit, loan guarantee, collateral free loan, treds, income tax, fintechs, delayed payments, loans, resurgent india

Budget 2024 expectations for stronger financial safety nets for MSMEs

Several MSMEs eagerly hope for continued support akin to initiatives like the ECLGS, which provided significant relief through 100 per…

January 14, 2024 12:46 IST

sbi, state bank of india, ecowrap report, soumya kanti ghosh, k-shaped recovery, economic recovery, micro firms into large firms, raghuram rajan, income

19.5% of majorly micro-sized firms transitioned into larger firms: SBI Ecowrap report

This clearly indicates MSME units are getting bigger and getting integrated into larger value chains with initiatives like PLI (production-linked…

January 9, 2024 17:25 IST

MSME, Digital India, Udyam portal, credit, markets, top news, latest news, business news,

2023 saw accelerated “formalisation;” MSMEs biggest beneficiaries

Amid the process, small units and traders got higher access to credit, markets.

December 28, 2023 00:10 IST

delayed payments, samadhaan portal, msme dues, small business dues, unpaid dues of msmes, BSNL, IOC, bharat heavy electricals

Year ender 2023: Here are the biggest defaulters of MSME payments; top PSUs, central departments, and more

As of December 4, 2023, state governments were responsible for the highest number of 4,392 pending MSME payments applications amounting…

December 26, 2023 13:28 IST

msme form I, msme return form, msme suppliers, delayed payments, msme ministry, small businesses, section 8, companies act, samadhaan portal

What is MSME-1 form to tackle delayed payments challenge? All you need to know

In order to track dues outstanding by companies and address the late payment issue faced by MSMEs, the government in…

December 22, 2023 18:38 IST

vishwakarma scheme, artisans, craftspeople, narendra modi, bhanu pratap singh verma, fishing net maker, tailor (darzi), washerman (dhobi), garland maker (malakaar), barber (nai), doll and toy maker (traditional), basket/ mat/ broom maker/ coir weaver, mason (rajmistri), cobbler (charmkar/shoesmith/footwear artisan), sculptor (moortikar/stone carver), stone breaker, potter (kumhaar), goldsmith (sonar), locksmith, hammer and tool kit maker, blacksmith (lohar), armourer, boat maker, carpenter (suthar)

PM Vishwakarma scheme: Nearly 58,000 applications from artisans registered for benefits so far

At the time of filing this report, 37.68 lakh applications were received, of which 77,630 applicants have been registered for…

December 21, 2023 18:22 IST

small businesses, regulations, us chamber, red tape, loans, labor, wage, cost, bank, payment, revenue, competitors

What small businesses need to know about new regulations going into 2024

“For a small business, you have a higher cost per employee when it comes to complying with regulations than your…

December 14, 2023 08:00 IST

Indifi to scout for new opportunities, says co-founder & MD Alok Mittal

Co-founders Alok Mittal and Siddharth Mahanot will now focus on driving products and segment expansion.

December 12, 2023 02:30 IST

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Indian-origin Uber driver jailed for NZ teen passenger rape; leniency request denied

World News32 min ago

Indian-origin Uber driver, Satwinder Singh, was sentenced to 7 years and 2 months in prison for raping a 17-year-old passenger in New Zealand. His request for leniency was rejected by the judge, despite his lawyer arguing that his Sikh religion and upbringing should be considered. The victim’s traumatic experience has affected her ability to attend university and caused her to live in fear.

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