The Mumbai Bench of the National Company Law Tribunal (NCLT) has delivered a crucial ruling regarding the applicability of interest under the Micro, Small, and Medium Enterprises Development Act, 2006 (MSMED Act) in the context of the Insolvency and...
The Union Ministry of MSME has formed a study group to seek feedback on important MSME development efforts and the MSMED Act 2006 through an online poll in order to gain a first-hand understanding of the current state of...
MSME Outlook 2020
The novel coronavirus wreaked havoc on the economic and health systems across the globe. We are in the midst of Coronavirus disease 2019 or Covid 19 pandemic that has inflicted an unprecedented economic shock and health shock ...
Union Ministry of Micro, Small and Medium Enterprises (M/o MSMEs) has issued Gazette notification to pave way for implementation of the upward revision in the definition and criteria of MSMEs in the country. The new definition and criterion will...
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...
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...
India's credit infrastructure, bankruptcy framework, and cost mechanisms remain crucially limited and ought to be addressed urgently if MSMEs are to understand their full expertise.
With India’s rating jumping 65 areas on this planet bank’s ‘Ease of Doing trade Rankings’...
Ministry of MSME launched different , one of the major MSME initiatives to advance the ease of doing business and to make Micro, Small and Medium Enterprises more internationally competitive. These initiatives contain ease of registration of the business in...
At last the full stop is given to the confusion over the issue where the MSMEs that are not enlisted under the MSMED Act at the season of execution of the agreement can be dealt with as supplier or...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
