Page 9 of MSME

MSME, Trade, Exporters, Economy, Subsidy

Interest subsidy for exporters extended by a month

The latest extension for the month of September is also limited to MSME manufacturing exporters, according to a trade notice…

September 5, 2024 01:00 IST

Banks now comfortable in lending to MSMEs: SBI chief

Speaking at the Confederation of Indian Industry’s (CII) Finance Summit, he said for loans of up to Rs 5 crore, SBI is…

Updated: September 3, 2024 13:45 IST

trade, economy, exports, international ties, Petroleum products, engineering products, pharmaceuticals, chemicals, production, semiconductor, market reach, PLI, MSME, compliance

Trade winds: What’s trending in the export basket and how to reach the USD1 trillion target

Over the past five years, India’s total merchandise exports have increased by 39 per cent—from about USD314 billion in FY20…

August 4, 2024 11:10 IST

Wider TReDS platform to boost MSME cash flows

This growth is driven by higher corporate participation following the Union Budget’s reduction of the turnover threshold for on-boarding buyers.

July 30, 2024 13:48 IST

‘Won’t hesitate lending to stressed viable MSMEs’

MSME loans with over 5 crore ticket size amounting to1,012 crore are currently in the bank’s SMA-2 doubtful debt category.…

July 29, 2024 10:01 IST

Budget provisions to give a fillip to MSME credit, say bankers

Rs 28-trillion credit gap estimated in the sector

July 25, 2024 03:35 IST

The move to slash TDS (tax deducted at source) on e-commerce operators to 0.1% and decriminalising delay in payment will reduce litigation, ease compliance burden, and free up working capital for sellers.

Budget aligns with nation’s aspirations to achieve ‘Viksit Bharat’

The Budget has several provisions that seek to improve infrastructure for both manufacturing and logistics to generate business.

July 24, 2024 00:30 IST

In the previous year's budget, the government included a new provision under Section 43B of the Income Tax Act to tackle the issue of postponed payments that MSMEs encounter nationwide (Photo: Freepik)

Union Budget 2024: Nirmala Sitharaman announces MSME credit support, MUDRA loan scheme doubled to Rs 20 lakh

The Centre will also promote investment-ready industrial parks in 100 cities

July 23, 2024 12:13 IST

Yashasvini programme, women MSMEs, Jitan Ram Manjhi, tier 2 and 3 cities, skilling, capacity-building, mass awareness campaigns, mentorship, TEAM scheme, ONDC platform, NITI Aayog

Union Budget 2024: Anticipating transformative measures for MSMEs

Adequate support and favorable policies for MSMEs are essential for India to aim to sustain a CAGR of 8-9% and…

July 21, 2024 23:29 IST

CPSEs’ procurement from MSEs rises steadily

As a result, CPSEs procurement from MSEs rose from Rs 26,357 crore (23.1% of the total) in FY18 to Rs…

July 2, 2024 01:00 IST

MSME Day 2024: How MSMEs can crack CSR code effectively

World MSME Day 2024: While SMEs play a critical role in economic development, they often face distinct challenges in implementing…

June 27, 2024 12:27 IST

MSME Day 2024: Govt to discuss legal reforms in MSME Development Act today

The ministry said MSME Minister Jitan Ram Manjhi and the Minister of State for MSME Shobha Karandlaje will also “dedicate…

June 27, 2024 11:51 IST

sme, finance minister pre-budget meeting, nirmala sitharaman, msme workforce expectations

FM urged to aid up-skilling of MSME workforce, launch employment-linked incentives

The interim Budget for FY25 allocated Rs 22,138 crore to the MSME sector, same as the previous financial year.

June 26, 2024 05:45 IST

Govt mulls new bank to bridge credit gap for MSMEs

Currently, the Small Industries Development Bank of India (SIDBI) provides largely refinance to banks that lend to MSMEs, letting the…

June 24, 2024 02:30 IST

Compliance burden stifles MSME chemical units

Each unit in the employment-intensive sector requires to meet as many as 635 compliance requirements every month, and this is…

Updated: June 13, 2024 11:52 IST

OCEN: Lessons from similar initiatives worldwide

Small businesses face many challenges in securing finances from institutions. While MSMEs provide over 30% of GDP growth .

May 31, 2024 15:17 IST

Remsons Industries Ltd achieves top 30 spot in India’s great mid-size workplaces 2024

He highlighted the company’s commitment to nurturing talent, promoting innovation, and ensuring employee satisfaction through extensive benefits and professional development…

Updated: June 28, 2024 19:33 IST

"India's rapid economic growth will be underpinned by a multidimensional energy transition

Deadline for digital Bill may not be extended

The last date to submit the response is May 15 (Wednesday), and the ministry has already extended the deadline once…

May 15, 2024 06:00 IST

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