The government is considering according MSME status to dealers as it will enable them to avail benefits offered to micro, small and medium enterprises said Union Minister Nitin Gadkari.
To provide Rs 50,000 crore equity support to stressed MSME units, a Fund of Funds announced ....
The MSMEs will take at least 7-8 months to recover from the impact of COVID-19 pandemic....
The Finance Ministry on Monday said banks have sanctioned loans.....
eading stock exchange BSE on Monday said it has signed a pact with private sector lender Yes Bank NSE -0.37 % to
Ministry Of Micro, Small & Medium Enterprises
The Finance Ministry on Thursday said banks have sanctioned loans of about Rs 1.77 lakh crore to 44.2 lakh business units under the Rs 3-lakh crore Emergency
The Congress government’s breakthrough policy reform for micro, small, medium enterprises (MSME) on Monday crossed a a momentous milestone of 1,000 companies getting one-shot nod to start their projects.
The first-of-its-kind surrogate lending model wherein no financial statements will be required and credit appraisal will be done basis data-points pulled from GST returns and operative Bank accounts of MSMEs
Companies will soon not require multiple registrations, as they do now under a plethora of labour laws, because the government has proposed one licence, one registration, and one return for establishments.
The Reserve Banks restructuring package for small businesses announced last month will help recast Rs 1 lakh crore of loans for 7 lakh eligible micro, small and medium enterprises, a top government official has said. The estimate from the Department of Financial Services (DFS) secretary Rajiv Kumar is much higher than domestic rating agency Icras assessment of Rs 10,000 crore. It comes even as some banks have seen a reluctance among the target MSMEs to take advantage of the scheme.
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