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  3. msme desk

MSME Desk

msme toys
Toy exports jump over 200% from FY15, imports drop nearly 70%: MoS MSME Bhanu Pratap Singh Verma

Trade, import and export for MSMEs: To promote domestic toys, the government had formulated a comprehensive National Action Plan for…

By MSME Desk
December 22, 2022 19:25 IST
Industrial Park, Tamil Nadu Industrial Park, employment, job opportunities, job creation, TM Anbarasan, Tamil Nadu Minister TM Anbarasan, SME, SMB, small business, MSME, largest industrial park, MSE, Arignar Anna Industrial Park, powerloom, garments
TN Small Industries Minister T M Anbarasan lays the foundation stone for a new industrial park near Coimbatore

Ease of Doing Business for MSMEs: The industrial park to be set up at Kittampalayam village is likely to create…

By MSME Desk
December 22, 2022 16:57 IST
trade financing
Drip Capital and Vayana TradeXchange partner to provide export finance solution for SMEs

Credit and finance for MSMEs: Drip Capital said the partnership will allow it to leverage Vayana’s ITFS platform to provide…

By MSME Desk
December 21, 2022 19:45 IST
MSMEs, pandemic, Covid, entrepreneur, Haryana, Rajasthan, Uttrakhand, Odisha, Jharkhand, Bhartiya Yuva Shakti Trust, BYST, Lakshmi Venkataraman Venkatesan, Lakshmi Venkatesan BYST, small business, msme loan, msme credit
57% of the MSME owners struggle to get new orders for their merchandise: BYST Report

Ease of Doing Business for MSMEs: Twenty-seven per cent of the entrepreneurs said they find it challenging to make timely…

By MSME Desk
December 21, 2022 18:41 IST
Tangedco, Tamil Nadu, Revenue, power, electricity, MSME, SME, SMB, small business, tariff, payment, interest, TNERC, electricity Minister, V Senthilbalaji, purchase, Rural Electrification Corporation, loan, cyclone, Mandous
Tangedco’s increase in revenue will take a hit due to reduced power tariffs: TN Electricity Minister V Senthilbalaji

Ease of Doing Business for MSMEs: The Tamil Nadu Generation and Distribution Corporation (Tangedco) had revised tariff structure for domestic…

By MSME Desk
December 21, 2022 17:10 IST
msmes in 2022
The year that was: Top 10 policy moves in 2022 by govt that mattered most to India’s MSMEs

Ease of doing business for MSMEs: While the global economy faced a number of challenges such as economic slowdown, inflation,…

By MSME Desk
December 21, 2022 15:10 IST
NPA, Non Performing Asset, MSME, SME, SMB, MSE, loans, Mumbai, Maharashtra, MSME sector, credit, lending, RBI, small businesses, advance, State Level Bankers Committee, SLBC, banks, public sector banks, cash crunch, scheme, ancillary industries
18 per cent of the loans taken by MSMEs in Mumbai turn into non-performing assets: SLBC report

Credit and Finance for MSMEs: Out of the total loan outstanding, NPAs from Mumbai alone amounted to Rs 19,324 crore…

By MSME Desk
December 20, 2022 21:31 IST
msme ranking
Now banks can check the probability of an MSME turning NPA. Here’s how

Credit and finance for MSMEs: Credit bureau TransUnion CIBIL on Tuesday launched a ranking model for MSMEs FIT Rank in…

By MSME Desk
December 20, 2022 19:31 IST
Karnataka, Chief Minister, Basavaraj Bommai, international branding, weavers, economic growth, productivity, weavers, government, products, handloom, powerloom, artisans, textile policy, SME, MSME, small business, SMB, Amazon, saree, swadeshi clothes, industries, youth, jobs
Effort to increase branding efforts for weavers’ products around the world: Karnataka CM

Ease of Doing Business for MSMEs: Karnataka Chief Minister Basavaraj Bommai said that the weavers will be given loans up…

By MSME Desk
December 20, 2022 17:39 IST
credable
Fintech app UpScale launches e-invoicing solution for SMEs

Credit and finance for MSMEs: Nirav Choksi, Co-founder, and CEO at CredAble said the e-invoicing solution provides one-of-a-kind solutions to assist…

By MSME Desk
December 19, 2022 20:12 IST
Industrial Park, Tamil Nadu, MSMEs, SMEs, small businesses, B. Krishnamoorthy, SIPCOT, thematic industrial park, TIDCO, land, government agency, defence sector, Chennai, Coimbatore, CII, Confederation of Indian Industry
Tamil Nadu to set up six thematic industrial parks to support MSMEs: Report

Ease of Doing Business for MSMEs: The state government, through SIPCOT (State Industries Promotion Corporation of Tamil Nadu Limited), currently…

By MSME Desk
December 19, 2022 13:52 IST
ondc
ONDC will democratize e-commerce, enable millions of small traders: DPIIT Secretary Anurag Jain

Technology for MSMEs: For national push, ONDC said it has designed an incentive programme for seller network participants, sellers themselves,…

By MSME Desk
December 18, 2022 13:22 IST
PLI 2.0, textile Ministry, investment, government, incentives, production-linked incentive scheme, textile, garment, SME, MSE, SMB, small business, MSME, man made fibre, technical textile, Bedspreads, lace, buttons and zippers, Narendra Modi, waiver, employment
PLI 2.0 for textiles expected to be finalised early next year with Rs 15 cr – 45 cr investment threshold: Report

Ease of Doing Business for MSMEs: The scheme for garments, madeups and home textiles with investments between Rs 15 crore…

By MSME Desk
December 15, 2022 13:57 IST
handicraft exports
Handicraft exports jump 26% in FY22 from previous year: Govt data

Trade, import and export for MSMEs: Maximum exports were of woodware products worth Rs 7,891 crore in FY22 followed by…

By MSME Desk
December 14, 2022 19:34 IST
Pharma, MSME, Pharmaceutical Technology Upgradation Assistance Scheme, chemicals, fertlisers, SMEs, SMBs, small businesses, Bhagwanth Khuba, SIDBI, PMPDS, pharma industry, Pharma MSMEs, MSME sector, scheme, state government, central government
400 MSMEs to be supported till FY26 under this pharma scheme, says MoS fertilizers Bhagwanth Khuba

Ease of Doing Business for MSMEs: According to the PTUAS scheme details, MSMEs will be supported either through up to…

By MSME Desk
December 14, 2022 19:06 IST
MSME, BlinC Invest, Credit gap, business models, embedded finance, Research Report, SMEs, SMBs, small business, NBFCs, supply chain, MSME lending, MSME sector, credit, loan disbursement, embedded finance, POS, underwriting, capital, P2M lending
These four ‘emerging business models’ can potentially bridge Rs 25 lakh cr credit gap in MSME sector: Report

Credit and Finance for MSMEs: Government Initiatives such as MUDRA, TReDS, India Stack, AEPS, Account Aggregator, Open Network for Digital…

By MSME Desk
December 14, 2022 17:47 IST
Shiprocket, B2B, B2C, FIEO, trade promotion organisation, Federation of Indian Export Organisations, MoU, MSMEs, exporters, India, India Business Portal, Global market, logistic solution, farmers, SME exporters, MSE, SMB, small business, economy, small-scale entrepreneurs, merchants, shipment, international market
Shiprocket partners with FIEO to help MSMEs in e-commerce exports

Import, Export and Trade for MSMEs: Shiprocket said it has also integrated its solutions with e-commerce marketplaces Amazon, Shopify etc,…

By MSME Desk
December 14, 2022 15:05 IST
MSME, B2B, payment, startup, Rupifi, MSME loans, SMEs, payment company, grocery, FMCG, food, agriculture, pharma, fashion, electronics, BNPL, buy now pay later, SIDBI, cibil, small businesses, SMB, MSE, merchant partners, Flipkart, Jumbotail, Walmart
Rupifi announces loan disbursement worth Rs 2,000 crore in the last two years

Credit and Finance for MSMEs: The B2B payments company Rupifi announced growth at 407.7 per cent over last year on…

By MSME Desk
December 13, 2022 19:59 IST
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