close

News WrapGet Handpicked Stories from our editors directly to your mailbox

MSME

Decline in export credit a concern: Piyush Goyal

Goyal said in the last few years the share of export credit has come down and this is a "cause of concern", especially for the MSME sector that suffers due to demand of collateral from lending institutions.

Jun 07, 2019, 17:32 PM IST

Nitin Gadkari takes charge as Micro Small and Medium Enterprises Minister

While assuming office the Minister said that the most important work to be done is boosting economic development of the country by employment generation and the MSME Ministry is a core Ministry which can create jobs in rural, semi-urban and urban areas of the country.

Jun 04, 2019, 14:55 PM IST

Zee Business Dare to Dream Awards: Kerala businessman built Rs 600 cr biz with just Rs 10 map

'Dare to Dream Awards' series had first started in Delhi on October 15.

Dec 18, 2018, 16:56 PM IST

Thousands may go jobless in Tamil Nadu as small and medium industries face closure

The Micro, Small and Medium Enterprises (MSME) have reduced by 49,329 units while employment in the sector has gone down by 5,19,075 persons during 2017-18.

Jun 09, 2018, 09:24 AM IST

President approves promulgation of IBC amendment Ordinance to treat home buyers as creditors

The Ordinance provides significant relief to home buyers by recognizing their status as financial creditors.  

Jun 06, 2018, 16:36 PM IST

MSMEs an important chapter in Indian economy: Swiss diplomat

The ambassador was addressing a two-day 'National Summit on Energy Efficiency in Micro, Small and Medium Enterprises (MSMEs)' being organised by The Energy and Resources Institute (TERI), in association with the Ministry of MSME, here.

Oct 31, 2017, 17:10 PM IST

Tepid credit growth: RBI data missing non-bank, debt markets

Though there's no denying that credit growth continues to decline, the RBI data on sectoral credit growth shows only one side of the story as credit per se has been expanding through non-banking channels, primarily in the debt market, said a report.

Aug 20, 2017, 10:56 AM IST

Gujarat doles outs Rs 730 crore to 16000 MSMEs to boost jobs

Gujarat government will dole out Rs 730 crore as “capital incentives” to more than 16,000 Micro, Small & Medium Enterprises (MSMEs). This comes amid reports of 42,500 units in the state struggling emerged last year. 

Aug 11, 2017, 10:45 AM IST

GST Council to meet on June 3 to fix more rates: Arjun Meghwal

The Goods and Services Tax (GST) Council will meet again on June 3 to decide on the levy on remaining goods, including gold, footwear and textiles, Minister of State for Finance Arjun Ram Meghwal said on Thursday.

Jun 01, 2017, 22:48 PM IST

'MSMEs manufacturing excellence imperative for global competitiveness'

Manufacturing excellence and quality upgradation of Indian micro small and medium enterprises (MSMEs) are imperative for MSMEs aspiring to attain global competitiveness, Minister of State for MSMEs Haribhai Parthabhai Chaudhary said.

Feb 04, 2017, 23:51 PM IST

Govt should restrict corporate tax at 25% with cesses, surcharges: PHDCCI

Government should restrict corporate tax at 25 percent with cesses and surcharges, PHD Chamber of Commerce and Industry has said.

Jan 21, 2017, 18:31 PM IST

Govt to launch exclusive scheme for women entrepreneurs

The Centre would shortly launch an exclusive scheme for women entrepreneurs, a senior official in the Ministry of Micro, Small and Medium Enterprises (MSME) said today.

Jan 07, 2017, 19:53 PM IST

SME body demands separate ministry in states for sector

An industry body of micro and small enterprises has sought for a separate ministry in states to address issues related to sector.

Sep 24, 2016, 18:12 PM IST

MSMEs can reap Rs 2 trillion business from Budget boost

 MSMEs are set to receive incremental business worth around Rs 2 trillion out of the Rs 3 trillion allocated to the sector in the Budget, a report says.

Mar 27, 2016, 12:14 PM IST

'Modi jacket becoming popular in India as well as in foreign countries'

'Modi Jacket', a half sleeve coat often worn by Prime Minister Narendra Modi, has become "very popular" among the people in India as well as in some foreign countries, Union Minister Kalraj Mishra said on Monday.

Dec 21, 2015, 14:50 PM IST

Andhra looks to attract Rs.20,000 crore investment in defence, aerospace

Andhra Pradesh is looking at Rs.20,000 crore investments in the aerospace and defence manufacturing sector by 2020, Chief Minister N. Chandrababu Naidu said here on Wednesday.

Sep 30, 2015, 22:10 PM IST

Bank of Maharashtra eyes Rs 4,000-cr fund raising

State-owned Bank of Maharashtra is looking to raise Rs 4,000 crore during the next five years and 50 per cent of the fund is expected to come from the Centre.

Jul 26, 2015, 13:22 PM IST

MSME Board deliberates on sector-specific issues

He also said that the MSME Ministry is going to be a major plank in the government's Make in India initiative.

Jul 10, 2015, 22:44 PM IST

After Modi's appeal khadi sale jumps 60%

Sale of khadi products have increased by over 60 percent after Prime Minister Narendra Modi's appeal to buy atleast one khadi garment, MSME Minister Kalraj Mishra said on Tuesday.

Jun 16, 2015, 22:55 PM IST

Government launches online job portal for MSME sector

The government Monday launched an online portal for job seekers in the micro, small and medium enterprises (MSME) sector.

Jun 16, 2015, 09:10 AM IST