Page 5 of MSMEs

Vacancies on govt’s MSME job portal Sampark dip 85% in 12 months; only 133 openings for 4.77 lakh job seekers

Skill, labour, talent for MSMEs: 31,381 jobs enabled via MSME Sampark so far was only 0.028 per cent of the…

April 24, 2022 16:25 IST

Maharashtra to get Rs 600 cr under SIDBI Cluster Development Fund to meet MSMEs’ skilled manpower demand

Skill, labour, and talent for MSMEs: SIDBI’s engagement with Maharashtra and other states was based on the recommendations by the…

April 24, 2022 13:16 IST

How this startup is helping MSMEs enhance their digital presence

Technology for MSMEs: The company is looking to grow 60-80 per cent year-on-year in customer count and expecting similar growth…

April 22, 2022 09:00 IST

Need dedicated policy framework for MSMEs’ e-commerce exports in upcoming foreign trade policy: FISME

Trade, import and export for MSMEs: FISME also suggested several short to mid-term measures to address operational inefficiencies faced by MSMEs when…

Updated: April 21, 2022 18:32 IST

Walmart invites Indian sellers to sell on Walmart Marketplace, reach over 120 million US consumers

Trade, import and export for MSMEs: Walmart said it sees particular potential for India-made products in highly searched categories like…

April 21, 2022 14:37 IST

U GRO Capital: MSME loans jump 2.5X to over Rs 3,000 crore in FY22; to disburse Rs 5,000 crore loans this year

Credit and Finance for MSMEs: ““We have generated significant profitability for the business. Absolute profit in FY23 would be 4X…

April 20, 2022 21:08 IST

MSME sector to rebound with 15% growth in FY22, but NPAs to remain around 12%: Study

Ease of Doing Business for MSMEs: Overall annual MSME NPAs had increased from 8.6 per cent in FY19 to 12.6…

April 20, 2022 16:34 IST

Trade finance startup Vayana Network raises Rs 114 cr from IFC, PayU to increase trade credit to small businesses

Credit and Finance for MSMEs: The company will also launch Vayana ITFS (International Trade Finance Services) platform at GIFT City,…

April 20, 2022 13:57 IST

Tour operators to hit over 70% of pre-Covid revenue in FY23, says Crisil, but MSMEs await airfares to stabilise

Ease of Doing Business for MSMEs: Growth in revenues for the tour and travel sector, which stood at only around…

Updated: April 19, 2022 22:22 IST

Govt: KVIC creates record high employment under PMEGP; enables over 1 lakh new micro units in FY22

Skill, labour and talent for MSMEs: The new units were set up at a total capital of nearly Rs 12,000…

April 19, 2022 17:10 IST

Kinara Capital raises Rs 380 cr funding led by investment manager Nuveen; to disburse Rs 2,000 cr MSME loans in FY23

Credit and Finance for MSMEs: The company is expecting 2.5-3X growth in disbursements this year to around Rs 2,000 crore…

Updated: April 19, 2022 15:29 IST

Nearly 70% MSMEs on bookkeeping app Khatabook expect better business growth this year: Survey

Ease of Doing Business for MSMEs: Businesses in financial services, marketing-related activities, and internet services experienced substantial growth in H2…

April 18, 2022 14:17 IST

9,800 MSME loans sanctioned in FY22 under SIDBI’s 59-minute loan scheme; this many disbursed

Credit and Finance for MSMEs: The scheme’s portal psbloansin59minutes.com enables in-principle bank approval for collateral-free term loans or working capital…

April 17, 2022 20:37 IST

‘Why MSMEs are hesitant in embracing non-conventional energy sources like rooftop solar’

Sustainability for MSMEs: The rooftop solar sector has remained largely untapped. Against the government’s target of installing 40 GW of…

Updated: April 17, 2022 17:06 IST

Parl panel: Link Udyam portal with CIBIL, other databases; need UPI-like platform, credit card for MSMEs

Ease of Doing Business for MSMEs: The need for formalising the credit ecosystem for MSMEs has assumed significance as less…

April 17, 2022 14:14 IST

The pandemic and a relentless rise in labour and input costs have crippled most units here. (Representative image)

Micro enterprises caught in macro problems; stricter labour and pollution standards add to woes

While MSMEs in other parts of the country may also be facing similar problems, Okhla units also have the additional…

April 16, 2022 05:30 IST

Lendingkart: Loans disbursed to MSMEs jump 150% in FY22 from previous year

Credit and Finance for MSMEs: Lendingkart’s 70 per cent customers come from Tier-II cities and beyond. The platform enables credit…

Updated: April 17, 2022 17:25 IST

Flipkart to host second Samarth sale event to showcase products from artisans, weavers, other sellers

Ease of Doing Business for MSMEs: Flipkart said it has introduced a dedicated filter for Samarth sellers on ‘Camera Filters’ -…

April 14, 2022 15:50 IST

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NBBL targets 1 billion monthly transactions

Money4 hr ago

NPCI’s subsidiary NBBL plans to process 1 billion transactions per month in the next three years, targeting half of India’s households and processing 3 bills per household. The launch of Banking Connect, an interoperable platform, aims to enhance the digital payment experience for online merchants. It has already partnered with major banks and payment aggregators, with more banks in the pipeline.

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