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Budget 2014-15 boost for MSME sector

Last Updated: Thursday, July 10, 2014, 18:44

Finance Minister Arun Jaitley Thursday announced measures for the development of micro, small and medium enterprises (MSMEs), while allocating a sum of Rs.10,000 crore for start-up companies in his maiden budget presented to parliament.

Engineering exports can cross $70 bn this fiscal: EEPC

Last Updated: Monday, July 07, 2014, 17:34

Engineering exports in 2013-14 aggregated USD 62 billion. The US alone accounted for about 15 percent of the shipments.

IDBI to charge 1% lower interest on MSME loans

Last Updated: Friday, May 23, 2014, 19:32

IDBI Bank Friday signed an agreement with industry body Ficci under which it will offer loans to micro, small and medium enterprises (MSME) at one percent lower interest than the market rates and also charge low processing fee.

PM seeks innovative solutions from industry groups for MSMEs

Last Updated: Saturday, March 01, 2014, 14:23

Singh also emphasised the need to promote exports from micro, small and medium enterprises (MSMEs).

India seeks cooperation from Japan in MSME sector

Last Updated: Friday, January 10, 2014, 17:52

India on Friday asked Japan to increase cooperation in micro, small and medium enterprises (MSME) sector to increase economic engagement between the two countries.

MSME Min to ask banks' heads to improve credit flow to sector

Last Updated: Wednesday, October 09, 2013, 16:34

The Ministry of Micro, Small and Medium Enterprises will soon convene a meeting of chiefs of banks to persuade them to improve flow of credit to the MSME sector.

MSME Min pitches for adoption of innovative practices by SMEs

Last Updated: Tuesday, October 01, 2013, 20:06

The market share of MSMEs has been declining domestically and in the global market, on the other hand countries such as China have been increasing their share consistently.

MSME Min to hold talks with banks for easier access to credit

Last Updated: Tuesday, June 18, 2013, 16:12

The Micro, Small and Medium Enterprises (MSME) Ministry will hold consultations with banks to persuade them for improving flow of credit to small sector.

'MSMEs share in India's exports may rise up to 50% by 2017'

Last Updated: Thursday, May 23, 2013, 16:11

The increase is expected on account of increasing demand from the western and emerging markets.

MSMEs non-tax benefits to continue for 3 yrs even after mature

Last Updated: Thursday, February 28, 2013, 17:22

The MSME Ministry provides a number of non-tax benefits to the sector including Market Development Assistance (MDA) scheme and Design Clinics Scheme.

CII asks Govt to announce package for MSME in Budget

Last Updated: Wednesday, January 23, 2013, 18:55

Industry body CII on Wednesday asked the government to announce a package, including creation of different funds, in the forthcoming Budget for Micro, Small and Medium Enterprises (MSMEs) to boost growth potential of the sector.

FDI will not hurt small enterprises, says new MSME minister

Last Updated: Monday, October 29, 2012, 17:52

After taking charge as the new MSME Minister, K H Muniyappa Monday sought to allay fears of FDI hurting home-grown small enterprises.