MSME-EPC to hold meet to boost NE entrepreneurs
Entrepreneurs, innovators, venture capitalists, consultants, policy makers, academicians, business practitioners, innovators, banks and financial institutions, tax and company law experts will deliberate in their particular fields of expertise, the MSME- EPC chairman said.
ETRise Top MSMEs Ranking: Inaccurate that MSMEs don’t get finance easily, says banking official
In a panel discussion under ETRise Dialogue, ...
Budget likely to unveil ‘Fund of Funds’ for MSME sector
It would be modeled on the lines of FoF suggested by former Sebi chairman-headed pane...
Nabard projects Bengal's credit potential at Rs 1,91,289 crore
"The resource is limited. The assessment helps us creating a roadmap on how best the resource can be allocated keeping special focus on less developed districts," Nabard's chief general manager in Kolkata Subrata mandal told ET. Nabard has unveiled the state focus paper for 2020-21 on Friday.
ETRISE Top MSMEs Ranking: Recognising India's best small businesses
Run a great small business and think you deserve to be recognised? Take part in ETRISE Top MSMEs Ranking. An Economic Times Digital initiative powered by the ETRISE Editorial Team, the programme aims to recognise small businesses that have excelled and raised the bar high.
Legal platform to counter cheap imports
India is putting in place a legal platform to help small and medium enterprises, threatened by cheap imports in their fight against trade distorting practices.
Govt to help firms making import substitute products: Nitin Gadkari
"There are many industries which are working on import substitute products and saving the nation's money. The Central government is forming a scheme to encourage these industries," the Union minister for micro, small and medium enterprises (MSMEs) said.
MSME sector poised for mega transformation in 2020
The Khadi and Village Industries Commission (KVIC), under the MSME ministry, also proposes to establish centres across the country to facilitate khadi institutions to develop designs according to market demand, and unleash the indigenous fabric's true potential.
From small to big: The evolution of MSME lending in 2020 and the role of fintech
The Union Minister for MSME, Nitin Gadkari, has outlined a plan to increase the sector’s GDP contribution to 50% from the current 29%, as India works towards the ambitious $5-trillion target that it has set for its economy.
SIDBI launches outreach programme for strengthening MSME ecosystem in Haryana
This is the nine outreach programme under the initiative. Eight programmes have already been organised in the states of Uttar Pradesh, Bihar, Uttarakhand, Gujarat, Maharashtra, Rajasthan, Telangana, and Kerala.
Tech can be an enabler, but need feet on street: Aye Finance
The huge credit gap in the MSME sector is a good business opportunity, but care must be taken to ensure a borrower is not overleveraged. In ...
Tracing the trajectory of the evolving MSME sector: Here’s what they need from a reliable financial partner
The sector has done some heavy lifting across operations and is contributing a whopping 40% to the country’s GDP through the 20 Lakh crore of goods and services it produces.
UCO Bank plans to disburse Rs 4000 crore in next 45 days
The bank has set a target of Rs 2,700 crore retail loan disbursement under the overall plan and is focusing on home loans, car loans and gold loans to achieve this. The balance Rs 1,300 crore will be lent to micro, small and medium enterprises (MSMEs).
Banks not keen to lend big to small businesses
Credit flow to MSMEs shrinks as lenders turn cautious owing to economic slump. The contraction in gross credit flow to the sector could be on the back of risk-averse lending by top banks as slowing consumption and stalling manufacturing growth. Between November 2018 and 2019, gross loans to micro and small industries fell 0.1%.
ETRise MSME Ranking: MSMEs need holistic system to trim low capital supply
The event, hosted under the aegis of ET Rise MSME Ranking, saw panelists discussing a broad spectrum of ideas on overcoming challenges cripp...
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