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  3. msme desk

MSME Desk

India-Australia RISE accelerator programme invites agritech MSMEs, startups
India-Australia RISE accelerator programme invites agritech MSMEs, startups

The programme will include a mix of online learning and in-person sessions along with immersion weeks in both India and…

By MSME Desk
August 19, 2024 16:25 IST
Govt's Stand Up India scheme sees flat growth in loans sanctioned in FY24
Govt’s Stand Up India scheme sees flat growth in loans sanctioned in FY24

Launched in 2016, Stand Up India enables credit between Rs 10 lakh and Rs 1 crore to at least one…

By MSME Desk
August 19, 2024 14:29 IST
Speciality chemicals startup Scimplify raises $9.5 million in Series A from Omnivore, Bertelsmann, others
Speciality chemicals startup Scimplify raises $9.5 million in Series A from Omnivore, Bertelsmann, others

Scimplify offers contract research and commercial chemical manufacturing across various sectors, including agrochemicals, pharmaceutical APIs, and flavors & fragrances. 

By MSME Desk
August 8, 2024 12:17 IST
FE Emerging Business Growth Workshops: Hyderabad edition discusses blueprint for MSMEs' digital transformation, ease of doing business
FE Emerging Business Growth Workshops: Hyderabad edition discusses blueprint for MSMEs’ digital transformation, ease of doing business

Presented by Dell Technologies and Intel, Digital Transformation Partner Vi Business and Associate Partner SIDBI, the workshop enabled conversations around…

By MSME Desk
August 2, 2024 17:21 IST
Priority bank credit to MSMEs jumps 14% in June: RBI data
Priority bank credit to MSMEs jumps 14% in June: RBI data

According to the RBI data, priority credit to micro and small enterprises (MSEs) in the MSME sector grew by 14.2…

By MSME Desk
August 2, 2024 11:40 IST
Insurance startup Square Insurance raises $3 million from BizDateUp, Negen Capital, others
Insurance startup Square Insurance raises $3 million from BizDateUp, Negen Capital, others

The company said it will deploy the fresh capital towards developing technology for cattle insurance to address the critical needs…

By MSME Desk
August 1, 2024 18:52 IST
ACME Solar, funding, Power Finance Corporation, Renewable Energy, wind energy, solar capacity
Clix Capital raises Rs 220 crore; aims Rs 10,000 crore AUM

With the latest round, the company expects to take its assets under management (AUM) beyond Rs 10,000 crore in the…

By MSME Desk
August 1, 2024 17:11 IST
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…

By MSME Desk
July 30, 2024 18:29 IST
39% of MSMEs in India women-owned: Govt data
39% of MSMEs in India now women-owned: Govt data

The share of women-owned units in more than 2.10 crore MSMEs as of August 1 last year was 19.43 per cent.

By MSME Desk
July 29, 2024 18:55 IST
Nearly 50,000 of 2.76 crore registered MSMEs shut in last four years: Govt data
Nearly 50,000 of 2.76 crore registered MSMEs shut in last four years: Govt data

Importantly, the Udyam-registered MSMEs had recently crossed the 20-crore job milestone. The total jobs reported at the time of filing…

By MSME Desk
July 26, 2024 17:43 IST
fe emerging business growth workshop
FE Emerging Business Growth Workshops: Hyderabad edition to spotlight digital technologies for MSMEs

Presented by Dell Technologies and Intel along with Digital Transformation Partner Vi Business and Associate Partner SIDBI, the half-day workshop…

By MSME Desk
July 26, 2024 14:41 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…

By MSME Desk
July 24, 2024 18:32 IST
Budget 2024
Budget 2024: Rs 22,138 crore allocated to MSME ministry; check outlay for all MSME-related schemes here

The allocated amount to MSMEs in the first full budget of the Modi 3.0 government has remained the same from…

By MSME Desk
July 24, 2024 14:52 IST
Budget 2024
Budget 2024 for MSMEs: 8 announcements by FM Sitharaman; 45-day payment rule finds no mention

From easing the purchase of machinery to enabling a new credit assessment model, avoiding MSME slippages into the NPA category,…

By MSME Desk
July 23, 2024 15:13 IST
Budget 2024: Rs 100 crore credit guarantee scheme for manufacturing MSMEs in the offing
Budget 2024: Rs 100 crore credit guarantee scheme for manufacturing MSMEs in the offing

For MSME accounts in SMA (special mention account) stage, the finance minister also announced continued credit support to such enterprises…

By MSME Desk
July 23, 2024 13:54 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…

By MSME Desk
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…

By MSME Desk
July 23, 2024 12:05 IST
FE Emerging Business Growth Workshops: Jaipur edition underscores role of business messaging for digital transformation of MSMEs
FE Emerging Business Growth Workshops: Jaipur edition underscores role of business messaging for digital transformation of MSMEs

The latest edition of the multi-city FE Emerging Business Growth Workshops initiative in Jaipur explained how the integration of technology…

By MSME Desk
July 22, 2024 19:41 IST
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