January 1, 2026
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Surat textile mills to shut two days a week due to 45-day MSME payment rule

February 3, 2025 EXPORT, COMMERCE, MSME, Trade, Trending News
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 two days a week. Until March

Economic Survey 2024-25 calls for enhanced deregulation for MSMEs

February 1, 2025 EXPORT, Economy, Finance, Trade, Trending News
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 enterprises to operate efficiently and compete

A milestone in augmenting the flow of credit and modernising and augmenting the production of MSMEs …

January 31, 2025 EXPORT, Logistics, Trade, Trending News
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 the financial accessibility of our micro,

Govt of India launches new credit guarantee scheme for MSMEs covering loans up Rs 100 cr

January 30, 2025 EXPORT, Economy, Finance, Trade, Trending News
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 Trustee Company Limited (NCGTC) to Member

MSMEs seek simpler cross-border payment rules, Interest Equalisation for service exports

January 24, 2025 EXPORT, Economy, Finance, Trade, Trending News
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 have increased from Rs 3.95 lakh

UP Govt launches E-Commerce initiative for MSMEs

January 11, 2025 Economy, COMMERCE, Trade, Trending News
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 designed by the UP State Industrial

India’s exporters grapple with liquidity squeeze : CII

January 3, 2025 EXPORT, Trade, Trending News
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 to Sanjay Budhia, Chairman of the

2024 Year End Review – Ministry of MSME

January 2, 2025 EXPORT, Trade, Trending News
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 economy, fostering entrepreneurship and generating employment

DPIIT 2024 Year End Review

December 21, 2024 Trade, COMMERCE, Economy, Finance, Global Trade, Trending News
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 (DPIIT) has played a pivotal role

Gujarat’s low utilization of central funds for MSME development raises concerns

November 28, 2024 EXPORT, Economy, Finance, Trade, Trending News
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 for MSME development. According to official
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