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MSME sector
MSME sector News
Flipkart
08 Aug 2020
Flipkart signs MoU with UP government's one District, One Product scheme
The initiative called `Flipkart Samarth` will enable them to break entry barriers by extending time-bound incubation support which includes benefits in the form of on-boarding, free cataloguing, marketing, account management, business insights and warehousing support.
Coronavirus
22 Apr 2020
Rahul launches portal for COVID-19 affected MSME sector, seeks suggestions
The suggestions can be sent on voiceofmsme.in or on social media platforms of the party, he said.
budget 2020
20 Jan 2020
Union Budget 2020-21: Centre may announce major relief for MSME sector
The government is likely to announce a distressed asset fund of Rs 5,000 crore for micro, small and medium enterprises (MSMEs) facing liquidity crunch in the upcoming Budget 2020-21.
MSME sector
21 Nov 2019
Job growth seen in MSME sector after demonetization, says govt data
While the Opposition has been attacking the Modi government for destroying numerous jobs in the micro, small and medium enterprises (MSME) sector post demonetization, figures show that 4-5 lakh jobs have been added annually for the past three years.
Piyush Goyal
17 Sep 2019
Govt raises Insurance cover for banks up to 90% for Working Capital Loans
The cover percentage has been enhanced to 90 percent from the present average of 60 percent for both Principal and Interest.
Capital surplus
20 Nov 2018
Expert committee to look into issues concerning capital surplus: RBI
Further, the apex bank has been advised to consider a scheme for restructuring of stressed standard assets of MSME borrowers with aggregate credit facilities of up to Rs 25 crore, subject to such conditions as are necessary for ensuring financial stability, it added.
MSME sector
18 Aug 2018
Demonetisation, GST led to decline in MSME credit: RBI study
The credit disbursal to the MSME sector recovered a tad since the lows of 2017 to reach the mid-2015 level, notes an RBI report called the Mint Street Memo.
GST
03 Aug 2018
GST Council to take up issues of MSME sector on August 4 meeting
Among other major discussion, the reconciliation of GSTR return by the income tax returns of the taxpayers will also be on the agenda.
Arun Jaitley
03 Feb 2018
Arun Jaitley's exclusive interview with Zee Media: Read full transcript here
In an exclusive interview to Zee Media, FM Jaitley says Budget 2018 is not populist but popular.
Indian economy
03 Feb 2018
Indian economy has entered into consolidation phase, says Arun Jaitley
Finance Minister Arun Jaitley said on Saturday that the economy has entered into a phase of consolidation after a series of "structural reforms" which were initiated in the past two years.
rising NPAs
10 Aug 2017
Rising NPAs in MSME sector in West Bengal worrisome: SBI
Starting August 5, 2017, SBI had introduced new system of assessment for the MSMEs across the country.
exports
18 Nov 2015
Govt announces 3% interest subsidy to boost exports
Concerned over continuous decline in exports, government on Wednesday announced 3 percent interest subsidy scheme for exporters which will have a financial implication of about Rs 2,700 crore.
FICCI
29 Jul 2015
Ficci writes to PMO, reels off steps to improve ease of biz
With an eye on improving ease of doing business in the MSME sector, industry body Ficci has written to the Prime Minister's Office suggesting ways to tackle contentious issues, including land acquisition, 'inspector raj' and regulations and their compliance.
Government Employment Generation Initiatives
15 Jun 2015
Government launches job portal for MSME sector
"It is a game changer. It took over an year to prepare this portal. Currently this is only for manufacturing sector. Job seekers will not have to pay any fees," Sinha said, adding that the industry would have to pay fees to use this portal.
MSME sector
30 May 2015
Cabinet clears signing of pact between India, Sweden on MSMEs
The government on Saturday approved signing of an agreement between India and Sweden to promote cooperation in the MSME sector.
National Small Industries Corporation
30 Mar 2015
NSIC to focus on innovation, skill development in MSME sector
National Small Industries Corporation (NSIC) has signed a pact with the government for promotion of innovation and entrepreneurship to give a fillip to the MSME sector in the country.
MSME sector
09 Mar 2015
Allocated Rs 3,300 cr to MSME sector, highest in 3 yrs: Govt
Government has earmaked over Rs 3,300 crore this fiscal, the highest allocation in the last three financial years, to develop the MSME sector and is implementing a special programme to develop its infrastructure, Lok Sabha was informed today.
Marketing platform
11 Feb 2015
'Take steps to promote women entrepreneurs in MSME sector'
Easy availability of credit and a marketing platform for products are some of the measures that government should take to promote women entrepreneurs in the MSME sector, says a report by think-tank CUTS International.
MSME
27 Dec 2014
MSME products should be made competitive, cost-effective: Govt
"It is therefore essential for us to devise methods to make the products of our MSMEs more competitive and cost effective," he said.
Finance Ministry
27 Nov 2014
FinMin sets up panel for MSME sector
The sector provides jobs to 60 million people in different segments such as readymade garments, leather, gems and jewellery, light engineering and handicrafts.
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