Walmart to open 25 institutes to train 50,000 MSME entrepreneurs
Over the next five years, MSMEs will receive in-person training, a feature unique to this program, as well as expert advice, access to Walmart's deep global experience and a network of peers and mentors in their local communities.
Govt to push MSME-made goods through e-tailers
On the B2B side, the proposed platform will also provide funds and have access to cash flows, ...
MoUs signed with Amazon, Flipkart to provide global market access to MSMEs
Dr Guruprasad Mohapatra, Secretary in the Department for Promotion...
Flipkart, Government of Punjab come together to create opportunities for MSMEs
Punjab is home to over 1.6 lakh MSMEs, which are crucial drivers of job creation and economic growth, and reflects the enterprising spirit of the state.
Banks’ economic apartheid towards SMEs must end
The SME sector is facing some sort of economic apartheid from lenders which means “separateness”.
Coal India Ltd eases norms for coal supplies to non-regulated customers and IPPs
State-run Coal India Limited (CIL) on Friday said it has relaxed norms for supplying the fuel to its customers of non-regulated sector by extending "letter of credit" to them and allowing an independent power producer (IPP) to transfer coal from one plant to another.
Government aims to generate additional 5 crore job opportunities in MSMEs sector
The target is also increase the share of MSMEs in the country's export and growth to 50 per cent, Nitin Gadkari said.
In talks with SBI to jointly run e-commerce portal for MSMEs: Nitin Gadkari
MSME Minister Nitin Gadkari on Thursday said that he is to meet SBI Chairman next month to discuss whether the bank can jointly run an e-commerce portal called Bharat Craft, meant for taking Indian MSMEs to the global platform. “For the first time, after our govt came to power, we are readying a portal called Bharat Craft,” Gadkari said
Defence Ministry plans more testing facilities for MSMEs
"In order to provide MSME's a level playing field in defence supplies and also expand the vendor base, the Ministry of Defence has come up with a scheme to set up 6-8 product testing centres in the defence industrial corridors," Rear Admiral A. George, Additional Director General Quality Assurance (Warship Projects), told reporters.
How smart MSMEs are harnessing digital wave to come out of twin shocks of GST and note ban
A digital wave and formalisation are ending old practices, helping sturdier and stronger companies emerge.
MSMEs crucial to make India a $5 trillion economy: Sarbananda Sonowal
Inaugurating a two day North East MSME summit, Sonowal said that considering MSME sector, being the prime drivers of growth with equity and their contribution to output and employment in all economies, developed as well as transition, they can play key role in making India’s economy one of the biggest in the world.
India's share in software product market miniscule: Official
Currently the global software product market is valued at USD 438 billion and India's share in this is miniscule.
Lendingkart makes key hires to leadership team as part of ongoing growth strategy
Founded in 2014, Lendingkart has a service reach across India. Since its inception, Lendingkart Finance has evaluated nearly half a million applications, disbursing 76,000 loans to more than 64,000 MSMEs across all 29 states and union territories of the nation.
Is the GST Composition scheme beneficial? Cost-impact analysis shows the risks
Composition levy is not a practical proposition. Composition levy almost resembles a direct tax and once you do a cost impact analysis, it is really hard to understand as to how the scheme is beneficial to the business community and the MSMEs.
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.
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