Namaskar!! I hope you all are in your best spirits!! Serving the country continuously for 95 years is indeed a big thing for any organization. ICC, Indian Chamber of Commerce has contributed to the development of East India and North...
Union Minister for Finance and Corporate Affairs Smt Nirmala Sitharaman today said that the COVID Emergency Credit Facility covers all companies and not just MSMEs. Addressing the FICCI National Executive Committee members, Smt Sitharaman assured the industry of all...
In line with Government of India's top focus on energising MSMEs in the country, a special meeting of Cabinet Committee on Economic Affairs (CCEA) was convened under the Chairmanship of Prime Minister Shri Narendra Modi, here today, which approved...
Union Minister for MSME and Road Transport and Highways, Shri Nitin Gadkari said that the government is exploring new financial lending institutions to support small-scale units in terms of financial support. Shri Gadkari said that government is working towards...
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...
Union Minister for MSME and Road Transport and Highways Shri Nitin Gadkari has said that the relief package announced by the Union Government for different stakeholders/sectors including MSME, labour, agriculture etc. and the new definition of MSMEs will give...
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 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...
To address the issues related to delayed payments of Micro, Small and Medium Enterprises (MSMEs), the Ministry of Micro, Small and Medium Enterprises (MSME) has taken the following steps:
Micro and Small Enterprises Facilitation Councils (MSEFCs) have been set up...
RBI has deregulated the interest rate on advances and these interest rates are determined by banks with the approval of their respective Board of Directors subject to extant guidelines of RBI. Loans to Micro, Small and Medium Enterprises (MSMEs)...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....