Progressive Punjab Investors Summit to promote MSME
In order to further boost MSMEs in the state, the Punjab Government has already launched the Punjab State MSME Awards. The awards awards will be given to Punjab–based MSMEs operating in Agro & Food Processing, Automobiles & Auto Parts, textiles, Engineering, Pharmaceuticals, IT &Electronics, Sports, Hand Tools and Leather industry.
Govt working on policy to push MSME exports: Gadkari
Gadkari emphasized on three important factors - reducing capital cost, power cost and lo...
Desist from passing the MSME Amendment Bill: Swadeshi Jagran Manch
Representatives of the bodies also flayed the Economic Survey for stating ...
MSME share in exports should rise to 60%: Nitin Gadkari
The government is also planning to start new technology and training centres in the country for skilled manpower, which is essential for achieving quality in production.
9.2 million MSMEs to benefit from fintech era, 49% of them still prefer traditional lending over digital: Survey
Illustrating the increasing popularity of digital payment technology in recent times, the report, by digital payment solution provider further highlights that currently digital payment technology is marked by a high level of MSME user satisfaction.
New definition of MSMEs will be linked to turnover
According to the proposal, any unit with a turnover of up to Rs 5 crore will be classified as a micro enterprise, while those with up to Rs 75 crore annual revenue will be in the small unit category.
Desi demand spices up the Indian SaaS story
A recent NASSCOM report said that the Indian SaaS market is estimated to hit $3.3-3.4 billion by 2022. This will be largely on the back of talent availability, a lower cost workforce and adoption of emerging technologies like AI.
YES Bank launches Bizconnect for MSME associations
Platform application with sectoral inputs, knowledge sharing, e-marketplace for inter-MSME trade and seamlessly integrated banking.
BSE joins hands with Ficci to boost MSME sector
Ashishkumar Chauhan emphasised on the need of having vibrant ecosystem comprising of debt and equity to address the concerns of MSMEs.
Gadkari pitches for Rs 10,000 crore fund to buy shares of MSMEs listing on bourses
Gadkari said there is huge potential for small units and businesses in India for export competitiveness.
CII Chairman for Startups invests in Pumpkart
This is Dua's first angel investment after being appointed as the CII chairman.
Nirmala Sitharaman urges big firms to clear Rs 40,000 crore MSME dues
Banks have enough cash, says FM Sitharaman; weighs credit line for NBFCs.
MSME Scheme: How the Micro Finance Programme is providing funds to small businesses
To ensure easy availability of finance, the Government offers the Micro Finance Programme wherein the security deposit of loans sought by MFIs and NGOs are financed by the Government.
SBI links retail and MSME loans to repo rate
Some other banks have also linked their loans to an external benchmark.
Veritas Finance AUM cross Rs 1,000 crore
The current customer base is 40,386 customers with loan book outstanding at Rs 1,048 crore.
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