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Sunday, May 16, 2021

MSME sector

MSME SECTOR NEWS

Most non-official members in new MSME Board have BJP links

April 14, 2021 7:23 am

A scrutiny of the list shows that it includes one BJP MLA; three ex-MLAs/candidates and one ex-MLA of AJSU (BJP ally in Jharkhand); six members of Laghu Udyog Bharati (LUB); six BJP functionaries; two former members of FICCI and one member from Gujarat.

How e-commerce marketplaces can drive MSME makeover

March 18, 2021 8:58 am

Digital empowerment is the key differentiator. Without that, our MSMEs will not be future ready.

Loan Disbursals: ‘MSME credit growth back to pre-Covid levels’

February 19, 2021 8:21 am

MSMEs had a tough time when the pandemic surfaced last March, with hundreds of units closing down in the wake of lockdown and demand slowdown.

Monthly rise in procurement and payments to MSMEs: Govt

November 25, 2020 12:34 am

Total procurement and transactions from MSMEs has gone up almost two-and-a-half times in October to Rs 5,000 crore compared to Rs 2,300 crore in May.

CPSEs clear dues worth Rs 13,400 crore to MSMEs in last 5 months: Govt

October 19, 2020 11:58 am

The micro, small and medium enterprises (MSME) Ministry this month has written to the top management of over 2,800 corporates by name to make payment of pending dues of MSMEs, an official statement said.

Greening MSMEs

October 04, 2020 8:46 pm

India needs a roadmap to make them resilient, sustainable and a part of the nation’s green development plan.

Education, labour and agriculture reforms will usher in individual freedom

October 01, 2020 8:37 am

The recent reform is substantial but must be followed by civil service, banking, compliance, decentralisation, and urban reform.

No panacea for stressed assets

September 27, 2020 3:08 pm

Amendments to insolvency law end up creating more uncertainty for MSMEs, and provide space for wilful defaults by estranged promoters.

With $2 billion in exports, MSMEs get international reach via Amazon’s GSP

July 21, 2020 5:01 am

Amazon aims for its Global Selling Programme to reach $10 billion in exports by Indian sellers by 2025.

Govt’s new MSME push: Providing credit to individual entrepreneurs

July 04, 2020 12:27 am

Under the ECLGS scheme, banks are offering up to Rs 3 lakh crore of government-guaranteed loans — an extra 20 per cent of outstanding loans to their MSME borrowers that are non-NPA.