India’s MSMEs in IT sector to play a key role in achieving ambitious $450 billion services export target : Shri Piyush Goyal
NEW DELHI : Recognizing the rapid growth of MSMEs in IT, tourism, business accounting, and financial services, Union Minister of Commerce & Industry, Shri Piyush Goyal, emphasized the sector’s key role in driving services
MSME sector is the backbone of India’s manufacturing and industrial growth : PM Modi
NEW DELHI : Prime Minister Shri Narendra Modi addressed the Post- Budget Webinars via video conferencing. The webinars were held on MSME as an Engine of Growth; Manufacturing, Exports and Nuclear Energy Missions; Regulatory,
FlexiLoans plans to disburse Rs 100 crore to empower women-led MSMEs in 2025
NEW DELHI : FlexiLoans.com, a leading MSME-focused non-banking financial company (NBFC), has announced its plan to disburse over Rs 100 crore in loans to help women-led small and medium businesses by 2025. The initiative
Govt plans new support framework for medium enterprises — shift away from ‘one-size-fits-all’ MSME policy
NEW DELHI : India is working on a new set of schemes and incentives specifically designed for medium enterprises, sources told. This marks a major shift from the current one-size-fits-all approach of MSME policies,
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 two days a week. Until March
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 enterprises to operate efficiently and compete
A milestone in augmenting the flow of credit and modernising and augmenting the production of MSMEs : President FIEO
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
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