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  Nirmala Sitharaman announces revised definition of MSME. Here is what it means

  Business | May 13, 2020 18:19 IST

  Finance Minister Nirmala Sitharaman on Wednesday announced an economic relief package amid nationwide coronavirus lockdown in which her prime focus was on to save jobs in the MSME sector and help it to get back on track.

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  No stressed MSME loan to be declared NPA till March 2020: FM

  India | September 19, 2019 20:39 IST

  The government on Thursday asked banks not to declare any stressed loan account of MSMEs as NPA till March 2020 and work on recasting their debt.

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  Firms with annual income upto Rs 2cr could get GST return relief

  Business | September 12, 2019 14:08 IST

  "It is ranging from 25-27 per cent despite extension of deadlines. The GST Council will discuss the issue in its meeting on September 20," said an official.

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  Modi government to bring in pension scheme for small shopkeepers, increase credit coverage for MSME sector

  Business | June 20, 2019 12:56 IST

  Modi government will bring in a pension scheme for small shopkeepers while it has also increased credit guarantee coverage for Micro, Small & Medium Enterprises (MSMEs), President Ram Nath Kovind announced this in Parliament today. President was addressing a joint session of newly elected parliamentarians today.

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  Maharashtra flagship scheme for MSMEs to generate 10 lakh jobs

  India | June 18, 2019 16:06 IST

  The senior IAS officer said the scheme, approved by Chief Minister Devendra Fadnavis, envisages setting up one lakh units in five years, 40 per cent of them in rural areas.Kamble said this year's target is setting up of 10,000 micro-ventures to be set up by first-generation entrepreneurs.

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  In event for MSME sector, PM Modi announces 12 Diwali 'gifts' including 59-minute loan portal

  India | November 03, 2018 0:03 IST

  Speaking at MSME Support and Outreach event in New Delhi, PM Modi described the 12 new measures as 'historic' that will make Diwali brighter for the sector and its millions of entrepreneurs and employees.

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  PM Modi announces 12 'Diwali gifts' for MSME sector; launches portal for Rs 1 crore loan in 59 minutes

  India | November 02, 2018 18:34 IST

  GST-registered MSMEs to get 2 per cent rebate on incremental loan of up to Rs 1 crore, PM Modi said.

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  PM Modi may announce measures to boost MSME sector on November 2

  Business | October 26, 2018 23:08 IST

  The MSME sector constitutes a vast network of over 63 million units and employs 111 million people, contributing around 30 per cent to the GDP.

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  Chinese imports threatening India's small industries

  October 31, 2015 20:38 IST

  Micro, Small & Medium Enterprises (MSME) are by far the biggest employers in the country today. According to the latest annual report (2014-15) of the Ministry of Micro, Small & Medium Enterprises, there are an

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  Centre plans 500 incubation centres to skill professionals

  India | June 05, 2015 17:41 IST

  Coimbatore:  The Centre plans to set up 500 incubation centres on PPP model across the country in the next one year to create more skilled professionals, Minister of State for Micro, Small and Medium Enterprises

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  RBI grant to boost liquidity in MSME sector, says Sidbi

  December 04, 2013 21:37 IST

  Mumbai: Specialised small businesses lender Sidbi today said the Reserve Bank's special Rs 5,000-crore refinance grant will cumulatively help in the flow of up to Rs 20,000 crore to the cash-starved micro, small and medium

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  Bengal cabinet okays schemes to protect farmers, MSME sector

  India | September 10, 2013 8:33 IST

  Kolkata:  West Bengal Chief Minister Mamata Banerjee yesterday said her government has decided to set up mega markets for farmers in all 18 districts of the state at a cost of Rs 150 crore for