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Tuesday, November 5, 2024

MSME sector

Indian Banks – How it can be a game-changer for the MSME sector

MSME sector is an account for greater than 80 percent of the overall commercial organizations, employs an anticipated 117 million workers, and makes contributions greater than 40 percent to manufacturing output and exports, according to a report of the...

RBI rules and policies for SME lending – Supporting financial status of entrepreneurs

Banks are the fundamental source of external finance for SMEs. The importance of SME in personal sectors makes this issue greater thrilling for policymakers, economic institutions, and researchers. The Reserve Bank of India has been issuing a number of...

MSME Ministry announced guidelines for MSME endorsement in North East Region

The Ministry of Micro, Small and Medium companies (MoMSME) has issued instructions for promoting of MSMEs within the northeastern area and Sikkim of the principal sector scheme “Technology resource Centres”. With this objective in mind, a specified scheme for ‘merchandising...

Interactive Session on Doing Business in Bavaria, Germany.

Upkar Singh Ahuja, President, CICUsaid that there are various opportunities for Ludhiana Industry if they will Establish their units in Bavaria, Germany like the ease of doing Business, Good office, Better infrastructure, Joint venture, best product rates, free...

Will Indian Government measures convey good days for struggling MSMEs?

The government is willing to revive the MSME sector, which had been badly beaten by demonetization.  RBI had even permitted a one-time restructuring existing loans to MSME that are in default, but the loans given to them have continued...

GSTN to present free Billing and Accounting Software to MSMEs for filling GST Returns

The Modi government took two steps (demonetization, GST) in the first term which impacted Micro, Small and Medium Enterprises (MSME) sector. Smaller businesses had to face problems due to cash crunch and GST. However, traders supported the Modi government...

Digital lending for MSMEs -Latest Financial Facilitation Process

MSMEs are the spines of the Indian economy. While the substantial industrialists and ventures frequently take the financial spotlight, it is these small companies who keep an economy working, giving business, keeping up liquidity stream and building up an...

CICU Work Recognized at National level Won 1st Prize at Country Level in 5th Annual Award Function for Responsible Indian BMOs Organized by...

Sh. Upkar Singh Ahuja, President- CICU & SH. Pankaj Sharma, General Secretary, CICU in the Joint Statement said that Country Level First Prize for OHS (Occupational Health & Safety) has been won by Chamber of Industrial & Commercial Undertakings, Ludhiana in the...

Cos told to disclose dues to MSMEs-Attempt to boost cash flow

In an offer to address the concerns of SMEs  over delayed payments that make genuine income challenges for them, the Narendra Modi-drove government is thinking about to make it obligatory for all organizations to uncover their dues to MSMEs...
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Latest News

GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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