MSMEs frame an essential segment of the Indian economy and contribute fundamentally to the nation's industrial output, GDP, exports, employment generation and so forth. Considering the significance of MSMEs in the Indian economy, it is viewed as vital at...
RBI Governor Shaktikanta Das on Wednesday said he will meet delegates of MSMEs and non-banking financial companies (NBFC) next week
A day after the RBI declared a one-time credit rebuilding plan for the MSME division, Das in a tweet stated,...
The current hike in industrial power tariff appeared to be not going down well with the regional industry as a number of bodies and associations of entrepreneurs are claiming that they are distressing due to it. The representatives of...
The 31st GST council meeting was successfully fulfilled regarding the central government’s objective of cutting GST rates. In this meeting the decision was taken to reduce GST rates more than 20 goods and other services.
Besides reduction in rates, the...
As per reports, NBFCs have continued payment of existing loans and notwithstanding endorsing fresh credit to their clients as their liquidity position has enhanced as of late with mutual funds continuing loaning to these organizations.
NBFCs like Dewan Housing Finance...
Startups and MSMEs in Food processing sector will help produce job opportunities in Manipur, and will put the state in a quick development direction, said Dr.Najma Heptulla, the Governor of Manipur at an ASSOCHAM conference held in Imphal today.
While...
Marathwada Association of Small Scale Industries and Agriculture (MASSIA) has been steadily advancing and consolidating its activities. It has been focused to take entrepreneurs to the next level. In a candid interview with SME Venture, Mr. Kishor B.Rathi ,...
Currently, there are More than 50 million SMEs exist in our country India. The SME sector has developed powerfully by contributing 40% of the nation's exports and generating millions of occupations every year.
The SME sector has a great deal...
While the economy has bounced back from the Great Recession, we can find big banks still just support about a fourth of the small business loan applications. Numerous organizations are encountering expanded chances and financing. However, small businesses aren't...
Newly appointed governor of RBI Shaktikanta Das sought to comprehend from heads of state owned lenders whether there were any more steps that could be taken to lend more to the Indian MSME sector. For their division, PSU bank...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....