Commerce Ministry seeks ₹2.5K cr more to back exporters
NEW DELHI : The Commerce Ministry has sought an additional ₹2,500 crore to settle arrears related to its interest rate equalization scheme that aims to alleviate stress among exporters by compensating them for a portion
The new foreign trade policy is a watershed moment for MSMEs
NEW DELHI : The newly launched Foreign Trade Policy (FTP) by the Directorate General of Foreign Trade (DGFT) is the most significant one yet. While multiple factors such as the pandemic and geopolitical tensions
First meeting of National MSME Council held with emphasis on ‘Raising and Accelerating MSME Performance’
NEW DELHI : The Ministry of Micro, Small and Medium Entreprises, Government of India organised the first meeting of the National MSME Council at Vigyan Bhawan, New Delhi on 10th May 2023. The National
Resume peas import via Thoothukudi Seaport, traders urge Centre
MADURAI : Traders on Saturday sought the Union government’s intervention to lift restrictions imposed on imports of peas through Thoothukudi seaport. The restriction on the import of peas via Thoothukudi seaport, which was the main
Digitisation is uncomplicating logistics for MSME exporters
NEW DELHI : Logistics have always been the backbone of international trade. With supply chains dispersed globally as businesses look for the least expensive and most productive sources to produce and move goods, the strength
Sarbananda Sonowal calls upon MSME sector to be Agents of Change as India aims to become Atmanirbhar
NEW DELHI : Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal spoke about the pivotal role that Micro, Small & Medium Enterprises (MSME) sector can play towards making India an
Amazon to integrate its last-mile delivery infra with ONDC
NEW DELHI : E-commerce giant Amazon will join the Open Network for Digital Commerce (ONDC) platform in India. As part of its initial collaboration, Amazon will integrate its Smart Commerce and logistics services, which
Export Refinance Facility for augment export credit and increase in interest subvention under IES to 5 and 3 percent respectively for MSMEs & eligible categories need of the hour : President, FIEO
NEW DELHI : Reacting to the increase in the Repo Rate by 25 basis points with immediate effect to 6.5 percent, FIEO President, Dr A Sakthivel said this increase is in line with the