Technology for MSMEs: The increasing affordability of smartphones, rising internet usage, and growing digital media use are shaping the future of MSMEs and startups in India
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.....
Due to the lockdown and the ongoing pandemic, millions of India’s labor force migrated back to their hometowns and villages.
There has been some slowdown in loans sanctioned to struggling businesses and micro, small and medium enterprises (MSMEs) over the months of October and November under
The MSME sector is the backbone of the Indian economy. Over 6 crore MSMEs provide employment to more than 11 crore individuals and contribute
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.
Highlighting the role of MSMEs in enhancing exports and helping the country achieve self reliance, Union Minister Nitin Gadkari on Monday said India does not need to import from China.
Finance Minister Nirmala Sitharaman on Thursday reviewed the situation about outstanding payments to micro, small and medium enterprises, especially by CPSEs and central government agencies
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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