SME

Launched in 2019, Walmart Vriddhi has trained over 70,000 MSMEs so far by enabling access to digital commerce, personalised mentorship and strategic partnerships

This scheme is expected to be part of the Export Promotion Mission (EPM), which was announced in the Budget

Uttar Pradesh plans a ₹125 crore investment in a multi-storey flatted factory in Greater Noida to promote MSMEs and boost regional economic activity and employment

The secretary said MSMEs need to be more proactive in sharing their problems and asked the industry to demand new standards as well as participate in formulation of these quality norms

There is no bar on applying for advance authorisation under SION or Para 4.07 of HBP while your request for review of the SION under Para 4.06 of the HBP is pending

A report published by NITI Aayog says that the MSME sector contributes 29% to the GDP, adding 40% to the export and employing 60% of the workforce

In FY24, the SMEs were hit hard as a 25 per cent drop in cotton prices and weak RMG exports pulled down the industry revenue despite steady domestic demand

Rodtep scheme seeks to refund the duties/taxes/levies, at Central, State and local level, borne on manufacture and distribution of the exported product, which are not rebated through any other schemes

You should prepare an e-way bill for sending the goods to the consignee, as instructed by the foreign buyer

From closures to online pivots, how small enterprises weathered the pandemic storm

MSMEs face informational asymmetries, limited consumer visibility, and weak branding and marketing capabilities

The official further said that the RBI only partially restored this classification to the extent of Rs. 20 lakh per borrower. Hence, NBFCs funding to MSEs is now restricted

That notification now allows exporters to open foreign currency accounts outside India to receive export proceeds and utilise the funds for making payments for imports

This strategic move is expected to benefit over 50,000 industrial and manufacturing units of these clusters, administered by the UP State Industrial Development Authority

One of the main reasons is that public procurement decreased due to delays caused by elections. The Budget could only be presented in July, resulting in a loss of six months, said Anil Bhardwaj

The key reason is patients continuing to favour large hospital chains on the back of pan-India insurance penetration increasing to 38-40 per cent from 23 per cent in FY15

It is also expected that the Union Budget for FY26 may have more measures for MSME financing, with a bigger role for TReDS

Drawback and Rodtep will be available only against export of goods. At the time of export of goods, one must declare the value of the goods in the shipping bill

Speaking at the event, Mittal emphasised the transformative impact of credit guarantees on the MSE ecosystem, enabling businesses to access funding without collateral, third-party guarantee

The state government claims that it received investment commitments worth over Rs 25 trillion so far