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  Yogi Adityanath-led UP Cabinet clears landmark policies for growth of MSMEs, leather sector

  Business | August 07, 2025 23:36 IST

  These 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 | February 01, 2023 14:22 IST

  Union 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 | December 27, 2022 17:33 IST

  With 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

  Politics | August 29, 2022 14:41 IST

  Odisha 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 | June 27, 2022 16:21 IST

  World 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 | February 03, 2022 15:48 IST

  Introduction 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 | December 04, 2021 12:25 IST

  The 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 | October 29, 2021 6:43 IST

  Under 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 | July 03, 2021 11:12 IST

  Prime 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 | July 02, 2021 14:44 IST

  Minister 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 | June 07, 2021 15:12 IST

  The 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 | April 21, 2021 21:19 IST

  MSMEs 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 | April 05, 2021 13:00 IST

  According 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 | March 10, 2021 11:16 IST

  By 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 | January 29, 2021 20:53 IST

  The 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 | November 09, 2020 10:17 IST

  The 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 | July 31, 2020 17:27 IST

  As 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 | June 01, 2020 23:09 IST

  Profits 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 17:07 IST

  State-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 6:56 IST

  Union 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.