The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given the following approvals:
To enable additional funding of up to Rs. three lakh crore to eligible MSMEs and interested MUDRA borrowers by way of "Emergency Credit...
Rs 3 lakh crore Emergency Working Capital Facility for Businesses, including MSMEs
Rs 20,000 crore Subordinate Debt for Stressed MSMEs
Rs 50,000 crore equity infusion through MSME Fund of Funds
New Definition of MSME and other Measures for...
The pace of employment generation in the country is just going to accelerate. In a significant policy decision, the Ministry of Micro, Small and Medium Enterprises (MSME), headed by Union Minister Shri Nitin Gadkari, has done away with the...
The Central Board of Direct Taxes (CBDT) today said that Income tax refunds to nearly 8.2 lakh small businesses (proprietors, firms, corporate and trusts) worth Rs 5,204 Crore have been issued since 8th April 2020. These income tax refunds...
In recent years, there’s been huge investing pouring in for startups in India, predominantly in the technology domain whether its mobile apps based services or online retail. However, recent media reports have suggested that venture capital funding and deals...
Indian Government made few amendments within the interest subvention schemes for MSMEs. It’s launched with an objective to offer incentives to small businesses for onboarding on the GST platform, which has been changed to in addition raise the MSME...
In a country messed up with corruption and bureaucracy, a huge step by the Government in 2006 that promised to help the MSME sector turned into a breath of sparkling air. The MSME Development act of 2006 became enacted...
The development story of Small and Medium firms (SMEs) thus far has been convincing, a lot, so that it's believed this sector will emerge as the main driver of financial progress in the nation. And giving an extra fillip...
While conditioning, patriarchy, and absence of social help from their own families may be a few reasons for numerous women entrepreneurs, for most people, lack of monetary capital may be the main roadblock on their entrepreneurial journey.
So, today we...
MSMEs are the main pillars for the major growth of the Indian economy. These firms strive continuously to develop the entrepreneurial activity in the country with the support of technology
Therefore the sector is expanding its domain for satisfying both...
