“Government should form the co-funding schemes such as Early Stage Venture Funds, Seed funds etc. with the help of domestic investors. The government should also incentivize the Investors giving them additional benefits like exemption of Capital Gain. The government...
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 ...
Recognising their critical contribution in supporting the economy especially during the present difficult times of COVID-19 pandemic, Central Board of Indirect Taxes & Customs (CBIC) has taken a new initiative to introduce its flagship “Liberalised MSME AEO Package” for...
Union Commerce and Industry Minister Shri Piyush Goyal said that to become self-reliant, the Gems & Jewellery industry needs to re-think, re-orient & re-design its practices and processes which will lead to further progress. Addressing CII's Digital Gems &...
Managing Logistics and warehouses are one the major challenges that come during the festive rush. With digitization all around small businesses and retailers are expecting the online momentum to continue & increase during this time but SMEs face difficulty...
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...