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Tuesday, February 25, 2025

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Government Revamps PLI Scheme to Boost MSME Growth

The Indian government is revamping the Production Linked Incentives (PLI) scheme to provide robust support to Micro, Small, and Medium Enterprises (MSMEs). This comprehensive overhaul includes relaxing fund release norms, adding new sectors to the scheme, and extending benefits...

RCCP and KCCI Collaborate to Promote India-Russia Economic Growth

The Knowledge Chamber of Commerce and Industry (KCCI) has signed a Memorandum of Understanding (MOU) with the Russian Centre for Conservative Policy (RCCP). This significant event occurred ahead of the MSME Convention 2024 and KCCI's 6th Annual Foundation Day....

Agricultural Mechanization in India: Path to $50 Billion Market by 2030

The Indian Parliamentary Standing Committee on Agriculture recently delved into the state of agricultural mechanization, acknowledging its critical role yet highlighting the deficit in foreign direct investment. Despite agriculture supporting a significant portion of the population and contributing notably...

MSME Loan Schemes 2024: Empowering Growth and Sustainability

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India's economy, contributing significantly to GDP, employment generation, and fostering innovation. However, access to adequate funding remains a major challenge for these enterprises, hindering their growth and sustainability. Recognizing...

SEBI Chief’s Statement Rattles SME Stock Market

Madhabi Puri Buch, the head of the Securities and Exchange Board of India (SEBI), recently highlighted concerns over potential irregularities observed within the Small and Medium Enterprises (SME) segment. During a public event, Buch acknowledged the presence of certain...

CII Conference: Empowering MSMEs for the Future

Micro, small, and medium enterprises (MSMEs) play a crucial role in driving economic growth, particularly in regions like the eastern part of India. The recent 'Future Ready to be Future Proof' conference organized by the Confederation of Indian Industry...

IBEX India 2024: Plan Your Visit!

Discover the Confluence of Innovation, Networking, and Recognition for the BFSI Community at the 11th Edition of IBEX INDIA, taking place from February 21st to 23rd, 2024, at the Jio World Convention Centre, Mumbai. Innovation in the BFSI Sector The Indian...

MSMEs in India: Paving the Way Through Credit Challenges

Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in the economic growth and employment generation in India. They contribute significantly to the country's GDP and provide employment opportunities to millions.  However, despite their vital role, MSMEs often face...

Business Loans 2.0: Transformative Trends in MSME Financing

The emergence of digital lenders has significantly reshaped the way Micro, Small, and Medium Enterprises (MSMEs) secure business loans for their operations. The transition from traditional banking to online platforms has not only accelerated the loan application process but...

Business Resilience: Navigating Through Economic Uncertainty

In the world of business, economic uncertainty is an ever-present challenge. Markets fluctuate, consumer behavior evolves, and unexpected global events can disrupt even the most well-laid plans. The key to survival and long-term success in such an environment is...

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RBI Plans to Scrap Foreclosure Fees for MSMEs, Borrowers

The Reserve Bank of India (RBI) has proposed a significant policy shift that would eliminate foreclosure charges on floating-rate...