Surat textile mills to shut two days a week due to 45-day MSME payment rule
SURAT : Due to the 45-day payment rule for Micro, Small, and Medium Enterprises (MSME), several textile mills in the city are now shutting down their production for
Economic Survey 2024-25 calls for enhanced deregulation for MSMEs
NEW DELHI : “The faster economic growth that India needs is only possible if the union and state governments continue to implement reforms that allow small and medium
A milestone in augmenting the flow of credit and modernising and augmenting the production of MSMEs
NEW DELHI : The approval of the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) is a landmark decision, said Mr Ashwani Kumar, President, FIEO. This will significantly enhance
Govt of India launches new credit guarantee scheme for MSMEs covering loans up Rs 100 cr
NEW DELHI : Govt of India (GoI) has approved introduction of Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) for providing 60% guarantee coverage by National Credit Guarantee
MSMEs seek simpler cross-border payment rules, Interest Equalisation for service exports
NEW DELHI : Micro, Small, and Medium Enterprises (MSMEs) in India contribute around 30% towards its gross domestic product (GDP). As per latest the government data, industry exports
UP Govt launches E-Commerce initiative for MSMEs
LUCKNOW : A new E-Commerce portal for the benefit of micro, small, and medium enterprises (MSMEs) enterprises will be launched by the Uttar Pradesh government. It is being
India’s exporters grapple with liquidity squeeze : CII
NEW DELHI : Indian exporters are grappling with significant liquidity challenges due to high interest rates and a decline in export finance, which are undermining their competitiveness, according
2024 Year End Review – Ministry of MSME
NEW DELHI : Micro, Small and Medium Enterprises (MSME) sector, with more than 6.30 crore enterprises, has emerged as a highly vibrant and dynamic sector of the Indian
DPIIT 2024 Year End Review
NEW DELHI : From achieving milestones under the PLI Scheme to boosting startup ecosystems, streamlining logistics, and enhancing FDI inflows, Department for Promotion of Industry and Internal Trade
Gujarat’s low utilization of central funds for MSME development raises concerns
NEW DELHI : Despite being a leading state for micro, small, and medium enterprises (MSMEs), Gujarat has been criticized for its poor utilization of central government grants meant