Micro Small And Medium Enterprises

Friday, Apr 19, 2024 | Last Update : 03:20 PM IST

micro small and medium enterprises

Finance Minister Nirmala Sitharaman also said that the government's capital expenditure was on track and Budget estimates would be met. (Photo: File | ANI)

Govt looks to push infra spending, has cleared MSME dues: FM Sitharaman

Government should not sit on over due payments, Sitharaman said, adding the money should go to people who have been waiting for it.

27 Sep 2019 6:48 PM

Finance Minister Nirmala Sitharaman. (Photo: File)

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

FM said banks have been asked to follow that circular and not declare any stressed MSME loan as NPA till March.

19 Sep 2019 8:24 PM

The government announced a slew of measures in three dosages which include a special window for real estate, export incentives, bank consolidation and sops for micro, small and medium enterprises (MSMEs) and the automobile sector.

Govt mulling another booster dose to reinvigorate economy

The blue print for the stimulus is ready that would be announced by FM Nirmala Sitharaman in the next few days, an official said.

17 Sep 2019 6:39 PM

FIEO President Sharad Kumar Saraf said the new scheme of Remission of Duties or Taxes on Export Products (RoDTEP) with revenue burden of up to Rs 50,000 crore for the government, looks attractive as it will neutralise all duties and levies suffered by the export products.

Incentives for exports to boost shipments: Exporters

FIEO said the new measures in form of incentives and refund of taxes will go a long way in enhancing the growth prospects.

15 Sep 2019 6:54 PM

Banks will be free to decide the spread over the external benchmark. Subsequently, credit risk premiums may undergo change when a borrower's credit assessment also undergoes a substantial change, as agreed upon in the loan contract, Moody's said.

RBI mandate on floating rate benchmark rates is credit negative for banks: Moody's

This is credit negative for India's banks as it will limit their flexibility in managing interest rate risk, Moody's said in a statement.

10 Sep 2019 2:12 PM

Faster GST refunds to boost MSME liquidity

As the Finance Ministry has been receiving several grievances related to GST, the minister tried to assuage some of the concerns.

24 Aug 2019 1:43 AM

Reacting to the announcement, MSME Minister Nitin Gadkari said clearing GST dues within 30 days will be highly beneficial for the MSME sector and will also be instrumental in increasing job opportunities. (Photo: File | ANI)

MSMEs to get pending GST refunds within 30 days: FM

In future, all GST refunds of MSMEs will be paid within 60 days from the date of application, said FM Nirmala Sitharaman.

23 Aug 2019 8:28 PM

Krishnamurthy also said Chief Minister Yogi Adityanath's "vision and enabling initiatives will boost investor confidence in the state" as ease of doing business is expected to improve.

Flipkart CEO sees UP becoming India's first trillion-dollar state economy

Thousands of artisans, small businesses and women entrepreneurs are finding partnership with Flipkart beneficial, said Flipkart CEO.

28 Jul 2019 2:55 PM

MSME portal would provide a good opportunity to the MSME sector which contributes significantly in job generation and promoting growth of the country, said Gadkari. (Photo: File)

MSME portal to be launched soon: Gadkari

MSME Minister Nitin Gadkari said that it will generate a turnover of Rs 10 lakh crore in two years of its launch.

25 Jul 2019 2:38 PM

Flipkart Group CEO Kalyan Krishnamurthy and Walmart India's CEO Krish Iyer are expected to attend the event.

Walmart, Flipkart to boost MSMEs, farmers' income in UP

Flipkart is very keen on collaborating extensively with the MSMEs, ODOP and artisans in Uttar Pradesh.

24 Jul 2019 10:33 PM

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. (Photo: ANI)

Maharashtra flagship scheme for MSMEs to generate 10 lakh jobs

The flagship programme of the Industries Department will have 30 pc reservation for women entrepreneurs, state Development Commissioner.

18 Jun 2019 4:35 PM

A workshop on manufacturing in the age of Artificial Intelligence was held in Bengaluru where industry and policymakers discussed various aspects of AI and automation adoption.

Niti Aayog, ABB organise workshop on AI for MSMEs

The workshop deliberated upon exploring innovative business and economic models to accelerate technology adoption by MSMEs.

26 Mar 2019 7:10 PM

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Mohan Guruswamy