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
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 have increased from Rs 3.95 lakh
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 designed by the UP State Industrial
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 to Sanjay Budhia, Chairman of the
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 economy, fostering entrepreneurship and generating employment
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 (DPIIT) has played a pivotal role
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 for MSME development. According to official
Reverse Buyer-Seller Meet by the T.N. Government to boost exports
COIMBATORE : The Tamil Nadu Government will conduct reverse buyer-seller meets in major cities every six months, said T.M. Anbarasan, the State’s Minister for MSMEs. In a major initiative to strengthen Tamil Nadu’s position as