April 30, 2026
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Pre-budget EEPC India urges revival of interest subvention scheme for exporters

July 9, 2024 EXPORT, Trade, Trending News
KOLKATA : The Engineering Export Promotion Council (EEPC India) has urged the government to revive the interest subvention scheme for exporters in its pre-budget recommendations. EEPC India Chairman Arun Kumar Garodia emphasised the scheme’s

Kladana, Russia-based ERP Software enters India to enable Tech Solutions for MSMEs

July 6, 2024 Export - Import, Business, COMMERCE, Technology, Trade, Trending News
MUMBAI : Kladana, a cloud-based ERP software solution for Micro, Small, and Medium Enterprises (MSMEs) founded and headquartered in Moscow, Russia, has expanded its footprint in India. The company has established an office in

Govt proposes new bank to bridge credit gap for MSMEs

June 25, 2024 EXPORT, COMMERCE, Economy, Finance, Trade, Trending News
NEW DELHI : The government is considering a proposal to set up a separate bank for direct lending to the micro, small and medium enterprises (MSMEs) to deepen credit flows to the under-penetrated sector

India Inc urges FM to reduce tax burden, earmark more for capex in upcoming Budget

June 21, 2024 Trade, Economy, Finance, Trending News
NEW DELHI : On the second day of Pre-Budget consultations on Thursday, Union Finance Minister Smt Nirmala Sitharaman met representatives of India Inc. and listened to their suggestions, which included increasing the capital expenditure,

Modi 3.0 gets feedback on key schemes; focus on jobs, Credit for MSME, Export push, PLI review

June 11, 2024 EXPORT, Business, Economy, Trade, Trending News
NEW DELHI : The newly formed NDA Government has received specific feedback based on which it may take up key proposals to expand and review its flagship developmental programmes, including ramping up allocations, focus

MSME 45-day payment rule : Traders to urge new NDA govt for up to 180-day time limit

June 8, 2024 EXPORT, Economy, Finance, Global Trade, Trade, Trending News
NEW DELHI : Traders’ body Federation of All India Vyapar Mandal (FAIVM) will urge the new NDA Government to extend the time period for payment to MSMEs from their buyers to up to 180 days

DGFT taps export bodies for inputs on efficacy of interest equalisation scheme

June 3, 2024 EXPORT, Economy, Finance, Trade, Trending News
NEW DELHI : The DGFT has sought information from various export bodies on the trade finance eco system in India and related challenges to assess if the government’s interest equalisation scheme for exporters is yielding results

FIEO President calls for increased export development funds for MSMEs

May 30, 2024 EXPORT, Trade, Trending News
NEW DELHI : Ashwini Kumar, President, the Federation of Indian Export Organisations (FIEO), has expressed concerns over the grossly inadequate budgets allocated for market development schemes aimed at increasing exports. He highlighted that the

FM Sitharaman hints about the reconsideration of 45-Day payment rule to MSMEs

May 29, 2024 EXPORT, Business, Economy, Trade, Trending News
LUDHIANA : Finance Minister Smt. Nirmala Sitharaman suggested that the government is open to reconsidering the existing 45-day payment rule to (MSMEs) micro, small and medium enterprises, if the industry desires it. Sitharaman highlighted

India’s exports of medical consumables, disposables surged by 60% in 2022-23

May 9, 2024 Export - Import, Economy, Trade, Trending News
NEW DELHI : India’s exports of medical consumables and disposables have surged by about 60 per cent to USD 1.6 billion in the fiscal year 2022-23 from USD 1.08 billion in 2019-20, according to
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