Msme Sector
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Yogi Adityanath-led UP Cabinet clears landmark policies for growth of MSMEs, leather sector
Business | Aug 07, 2025, 11:36 PM ISTThese policies have the potential to give a new direction to the state's industrial infrastructure and employment generation. This will not only strengthen the MSME sector but the dream of making UP a hub of leather and footwear industry can also come true.
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Budget 2023: Govt to launch revised Credit Guarantee Scheme worth Rs 9,000 cr for MSMEs
Budget | Feb 01, 2023, 02:22 PM ISTUnion Budget 2023: The government has also decided to establish a National Financial Information Registry to promote financial stability and an effective flow of credit.
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SMBs emerge leading job creators in 2022, tier-2 cities take the pie
Business | Dec 27, 2022, 05:33 PM ISTWith organizations embracing the new normalcy post covid, professionals continue to consider flexibility, work-life balance and upskilling as the key focus areas, even more so at present. These new trends have led to a massive transformation in the workforce.
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Odisha plans MSME parks in every district, says govt
National | Aug 29, 2022, 02:41 PM ISTOdisha Industrial Infrastructure Development Corporation (IDCO) has been given more than Rs 450 crore to develop the required infrastructure in the districts for the purpose, he said at the concluding session of Propack Odisha 2022 and MSME Odisha 2022 organised by Odisha Assembly of Small and Mediu
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World MSME Day 2022: Small enterprises strong pillars of India's economy & sustainable growth
Business | Jun 27, 2022, 04:21 PM ISTWorld MSME Day 2022. MSMEs have emerged as the second-largest employment generating sector after agriculture in India.
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Budget 2022: Businesses welcome Modi govt's futuristic vision, digital-first India
Business | Feb 03, 2022, 03:48 PM ISTIntroduction of digital currency, investments in the construction of roads, railways, airports, ports, 400 new Vande Bharat trains, rural housing, and no change in income-tax slabs were among key announcements. Let's take a look at what different businesses have to say post-budget announcement.
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Centre approves manufacture of over 5 lakh AK-203 rifles in UP
India | Dec 04, 2021, 12:25 PM ISTThe project will provide business opportunities to various MSMEs and other defense industries for the supply of raw materials and components.
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Kerala Financial Corporation launches scheme for benefiting MSME sector
Business | Oct 29, 2021, 06:43 AM ISTUnder the scheme, 75 per cent of the cost of work received from Government Departments/ Agencies/ PSUs will be provided as a loan. Repayment will be depending on the duration of work and expected receipt of funds from the work awarding authority.
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Committed to empowering our traders: PM Modi
India | Jul 03, 2021, 11:12 AM ISTPrime Minister Narendra Modi on Saturday described as "landmark" the decision to include retail and wholesale trade as MSMEs.
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Modi government accords MSME status to retailers and wholesale traders
Business | Jul 02, 2021, 02:44 PM ISTMinister of MSME Nitin Gadkari informed that the government will now accord MSME status to retailers and wholesale traders.
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World Bank approves USD 500mn program to help boost India's MSME sector
World | Jun 07, 2021, 03:12 PM ISTThe World Bank's Board of Executive Directors has approved a USD 500 million program to support India's nationwide initiative to revitalise the MSME sector
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Why digital accounting is important for MSMEs post-Covid era
Business | Apr 21, 2021, 09:19 PM ISTMSMEs are considered to be engines of economic growth that promote equitable development. Yet, several of these enterprises are struggling to make ends meet on account of the outbreak of the global pandemic and facing a lack of liquidity. This has made it necessary to restructure the ways by which micro, small and medium-sized companies can more easily rebuild and relaunch their businesses. Digital transformation can play a defining role here.
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Govt amends insolvency law; introduces pre-packaged resolution process for MSMEs
Business | Apr 05, 2021, 01:00 PM ISTAccording to the ordinance, it is considered expedient to provide an efficient alternative insolvency resolution process for MSMEs to ensure quicker, cost-effective and value maximising outcomes for all stakeholders, in a manner that is least disruptive to the continuity of their businesses and which preserves jobs.
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Reliance Jio to aggressively gain MSME subscribers
Business | Mar 10, 2021, 11:16 AM ISTBy offering a bundled connectivity plan at 1/10th the existing price (Rs 15-20K/month) in the market, Jio is looking to expand the addressable market in the MSME segment.
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Budget 2021: MSME sector wants better access to credit, lenient taxation policies
Business | Jan 29, 2021, 08:53 PM ISTThe MSME sector is hoping to get rid of challenges like lack of access to capital, infrastructure, skilled labor, and power supply issues.
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Paytm to double loan disbursement to Rs 1,000 cr for MSMEs
Business | Nov 09, 2020, 10:17 AM ISTThe company expanded collateral-free loans of up to Rs 500,000 at a low-interest rate and unique daily EMI product customised for micro-merchants.
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Banks cannot refuse credit to MSMEs covered under emergency credit facility: Sitharaman
Business | Jul 31, 2020, 05:27 PM ISTAs of July 23, 2020, the total amount sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme by public sector banks and private banks stands at Rs 1,30,491.79 crore, of which Rs 82,065.01 crore has already been disbursed.
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Atmanirbhar Bharat: Profits from exports by MSMEs to be excluded from overall turnover
Business | Jun 01, 2020, 11:09 PM ISTProfits derived from the exports of products by micro, small and medium enterprises (MSME) will be excluded from the overall turnover of a company, said Union Minister incharge of MSME sector Nitin Gadkari
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Bank of Maharashtra sanctions Rs 2,789 cr loans to MSMEs, others
Business | May 24, 2020, 05:07 PM ISTState-owned Bank of Maharashtra on Sunday said it has sanctioned loans worth Rs 2,789 crore to MSME, self-help group, agricultural and retail borrowers to help them meet their liquidity mismatches caused due to coronavirus crisis.
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Govt announces ₹3 lakh crore booster for MSMEs, tax concessions for middle class
Business | May 14, 2020, 06:56 AM ISTUnion Finance Minister Nirmala Sitharaman on Wednesday announced a series of relief measures spanning across the micro small and medium enterprise (MSME), power, real estate sectors, besides providing a slew of temporary changes to the direct tax collection rules.