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  3. msme desk

MSME Desk

ramp portal, raising and accelerating msme performance, narayan rane, msme ministry, msme credit, bhanu pratap singh verma, msme loans small business credit, world bank, covid, narendra modi
MSME minister Narayan Rane launches web portal for World Bank-assisted RAMP scheme

Credit and finance for MSMEs: The launch comes more than six months after the scheme was launched by Prime Minister…

By MSME Desk
January 9, 2023 15:31 IST
nirmala sitharaman, fm, finance minister, fm sitharaman, kota, credit outreach programme, students, entrepreneurship, business failure, business closure, ease of doing business, pm svanidhi
Be ready to close business if it doesn’t work out: FM Nirmala Sitharaman’s entrepreneurship lessons

Ease of doing business for MSMEs: FM Nirmala Sitharaman said it is important to be ready for risks in entrepreneurship.

By MSME Desk
January 8, 2023 19:16 IST
prime minister, narendra modi, pm modi, msmes, formal msme, formalisation of msme sector, chief secretaries of states, msme compliances, msme regulations, gem, government emarketplace
PM Modi: States must act proactively towards formalisation of MSMEs

Ease of doing business for MSMEs: Prime Minister Narendra Modi also called for making finance, technology, market and access for…

By MSME Desk
January 8, 2023 14:40 IST
bse sme, bse, bse mainboard, bombay stock exchange, bse small business exchange, goa, government of goa, department of industries, equity capital
BSE partners with Goa govt to encourage listing among state MSMEs

Credit and finance for MSMEs: BSE in the past had signed similar MoUs with other state governments as well such…

By MSME Desk
January 8, 2023 12:16 IST
Supreme Court, Apex Court, MSME, SME, small business, MSMED Act 2006, SARFAESI Act 2002, secured assets, recoveries, facilitation council, securitisation, financial assets, security interest, property rights, buyers, taxes, cesses, IBC, MP state government, Insolvency and Bankruptcy Code
Recoveries under SARFAESI Act will prevail over those under MSMED Act, holds Supreme Court

Credit and Finance for MSMEs: The bench noted that in the MSMED Act, there is no specific express provision giving…

By MSME Desk
January 6, 2023 18:41 IST
Bank, Axis Bank, private lender, fintech company, Open, digital banking, partnership, Anish Achuthan, neo-banking platform, SME, small business, MSMEs, MSEs, SMBs, business banking, PAN, banking solution, loans, credit, bank account, Open money
Axis Bank and fintech company, OPEN join hands to launch a digital current account for businesses

Credit and Finance for MSMEs: The current account holders will get access to Axis bank’s over 250 banking services along…

By MSME Desk
January 5, 2023 20:36 IST
Ambit Finvest, SME, MSME, NBFC Lender, non-banking financial company, RBI, MSME loans, MSME credit, MSME lending, fintech company, digital lending, SME Corner, technology solutions, Ambit Group, Sanjay Agarwal, Vikrant Narang, partnership, lending business, partnership, loan disbursals
NBFC lender Ambit Finvest acquires MSME business of fintech firm SME Corner

Credit and Finance for MSMEs: Other than assets, Ambit Finvest would acquire 300 employees of the SME Corner and their…

By MSME Desk
January 5, 2023 20:29 IST
Uttar Pradesh, Yogi Adityanath, powerloom, handloom, weavers, economic growth, MSMEs, SMEs, small businesses, CM Yogi, power corporation, power subsidy, electricity theft, MSME weaver scheme, solar panels, solar power, weaving sector
Provide power subsidy to weavers in the state: UP CM Yogi

Ease of Doing Business for MSMEs: UP Chief Minister Yogi Adityanath said that weavers should be encouraged to upgrade their…

By MSME Desk
January 5, 2023 16:48 IST
CAIT, Trade, MSMEs, SMEs, MSEs, small businesses, Confederation of All India Traders, e-commerce, domestic trade, e-commerce giants, Save India- Save Trade Forum, e-commerce policy, National Retail Trade Policy, SEBI, TRAI, FDI Policy, retail trade
CAIT releases a five-point charter to protect the interest of domestic traders

Ease of Doing Business for MSMEs: The trade body called upon the Central Government to roll out the e-commerce policy…

By MSME Desk
January 4, 2023 23:36 IST
budget 2023, budget 2023-24, msme, interest subvention scheme, interest equalisation scheme, loan repayment, msme npa, 90 days loan overdue, clcss-tus
Budget 2023: Restart 2% interest subvention scheme for MSMEs, says PHD Chamber

Ease of doing business for MSMEs: The 2 per cent Interest Subvention Scheme was announced by the MSME Ministry in…

By MSME Desk
January 4, 2023 19:25 IST
Private lender, ICICI Bank, private bank, digital solution, exporter, digitisation, export cycle, export markets, export finance, foreign exchange services, export incentives, MSMEs, SMEs, MSEs, small business, API, EPC, Export Packing Credit, Trade APIs, Sumit Sanghai, EPC, Export Packing Credit
ICICI bank launches digital services for exporters

Credit and Finance for MSMEs: The rationale behind the launch of digital solutions is to streamline several manual procedures and…

By MSME Desk
January 4, 2023 19:04 IST
Neev Fund, Government Fund, Sustainability, environment friendly, SMEs, MSMEs, small businesses, SBI, SBICap Ventures, Akshay Panth, Chief Investment Officer Neev, SVL-SME fund, investors, startups, GPS Renewables, Chakr Innovation, Blue Planet, Hygenco Green Energies, Neev I, Neev II, agritech, circular economy
Sustainability-focused SME fund Neev II is likely to reach its fundraising target of Rs 2,000 crore by June this year

Sustainability for MSMEs: Neev II was launched in May 2021 to provide growth capital to SMEs offering sustainable solutions especially…

By MSME Desk
January 4, 2023 17:24 IST
MSME, SME, Anicut Capital, SRI Fund, Self Reliant India Fund, MSME growth, NSIC, National Small Industries Corporation, mother fund, daughter fund, AIF, SEBI, Securities and Exchange Board of India, Alternative Investment Fund (AIF), Grand Anicut Fund 3, Executive Director, Arun Thathachari, small business, MSME sector
Anicut Capital gets commitment of Rs 75 crores from the govt’s SRI fund

Credit and Finance for MSMEs: The Rs 75-crore received by Anicut Capital shall be deployed through its Rs 500-crore Grand…

By MSME Desk
January 3, 2023 22:10 IST
RBI, Reserve Bank of India, msme exports, msme loan, MSME credit, msme schemes, smeexporters, Budget 2024, RBI Monetary Policy, global recession, low interest, interest subsidy, SME, small business, global market, department of commerce, finance Ministry, Interest Equalization Scheme
Centre may consider raising interest equalization subsidy for MSME exporters

Import, Export,Trade for MSMEs: The central government is analysing the cost to the exchequer if the interest subsidy is increased…

By MSME Desk
January 2, 2023 18:43 IST
DPIIT, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Msme, SME, New Industrial Policy, SMB, small business, promotional scheme, finance institution, Make in India, Made in India, funding, finance, foreign exchange, intellectual property rights, supply chain, microfinance, fintech, innovation, corporate bond market, PLI scheme, data protection
New industrial policy focuses on making capital accessible to the industry, promote fintech

Ease of Doing Business for MSMEs: The draft suggests MSMEs to choose the corporate bond market and acceptance of intellectual…

By MSME Desk
January 2, 2023 16:46 IST
m1xchange, mynd solutions, rbi, reserve bank of india, trade receivables, invoince discounting, monetary penalty, invoicemart, rxil
RBI slaps Rs 13.90 lakh penalty on M1xchange’s promoter Mynd Solutions for non-compliance

Ease of doing business for MSMEs: Mynd Solutions runs RBI-licensed TReDS platform M1xchange. TReDS was introduced by the central bank…

By MSME Desk
January 1, 2023 13:55 IST
Textiles, MSMEs, SMEs, Trade Facilitation Centre, Karur, manufacturers, exporters, Rohit Kansal, Prajakta L. Verma, Textile Park, textile wet processing park, CETP, Common Effluent Treatment Plant, small scale industries, small businesses, SMBs, Textile Ministry
Manufacturers and exporters urge the Textile Ministry to set up a textile wet processing park in Karur

Ease of Doing Business for MSMEs: The Ministry of Textiles could also contemplate setting up an Integrated Textile Trade Facilitation…

By MSME Desk
December 30, 2022 14:57 IST
FOSMI, Federation of Small & Medium Industries, West Bengal, Industry Body, Budget 2023, CLCSS, Credit Linked Capital Subsidy Scheme , MSMEs, MSEs, SMEs, SMBs, small business, Financial Year 2023, incentive, start up, ease of doing business, ATUFS, Amended Technology Upgradation Fund Scheme, CIS, capital investment subsidy scheme
FOSMI urges govt to renew Credit Linked Capital Subsidy Scheme in its Pre-Budget Memorandum

Credit and Finance for MSMEs: FOSMI urged the government to either renew the Amended Technology Upgradation Fund Scheme (ATUFS) or…

By MSME Desk
December 29, 2022 20:31 IST
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