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)...
There is a huge scope for improving the competitiveness of Indian Micro, Small and Medium Enterprise (MSME) sector, said Shaktikanta Das, Reserve Bank of India (RBI) governor.
At the 15th Annual Banking Summit held at Hotel Taj Mahal Palace, Colaba,...
According to the Economic Survey of Maharashtra (2019 - 2020), Pune MSMEs have attracted a monstrous Rs 62,575 capital investment, thereby garnering the maximum share of investment in the last four years. As per survey, the region has managed...
The scheme Mission Solar Charkha is enterprise driven scheme and envisages setting up of ‘Solar Charkha Clusters’ which will have 200 to 2042 beneficiaries (Spinners, Weavers, Stitchers and other skilled artisans). Each spinner will be given two charkhas of...
Union Minister for Micro, Small & Medium Enterprises and Road Transport & Highways, Shri Nitin Gadkari has said that policy simplification of the government has resulted in an increased number of women entrepreneurs in the country. He said, there...
Technology no longer exists as a mere business process; in fact, it has become a vital part of the value chain. With India aiming to become a $5 trillion economy by 2024, automation is poised to transform the landscape...
