MSME

Karnataka Home Minister Priyank Kharge on Saturday clarified that IAS officer Gyanendra Kumar Gangwar, who was reported "missing", was in his native place in Uttar Pradesh due to a family emergency involving his father's health. Priyank also said Gangwar had denied any link between his absence and the Enforcement Directorate's recent searches at the Karnataka Public Service Commission, and was open to an inquiry if required. Earlier in the day, reports had said Gangwar, currently the Director, MSME, Department of Industries and Commerce, had been uncontactable since August 20 and had reportedly booked a flight ticket to Delhi. "There was some miscommunication; it has nothing to do with ED raids. When you (the media) asked me in the morning, we did not have much information, and I told you that he (Gangwar) had been unavailable for contact for the last couple of days," Priyank said. Speaking to reporters here, he said there was an emergency in Gangwar's family as his father was a he

The new legislation on MSME is expected to help improve payment discipline among buyers of goods and services sold by small businesses, and could bring in an 'IBC moment' for enterprises facing delayed payments, a report said on Monday. It could become an 'IBC (Insolvency and Bankruptcy Code) moment' for delayed payments by improving payment discipline among buyers and unlocking working capital for small businesses, said the report by an arm of rating agency Crisil. The bankruptcy law (IBC) has helped banks to get rid of bad loans by putting borrowers at the risk of losing control over their companies in case of a default. The Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, which has been passed by the Parliament this month, provides for a time-bound resolution of payment disputes and stronger enforcement of awards. These measures could change buyer behaviour in a manner similar to the impact of the Insolvency and Bankruptcy Code (IBC) on credit discipline,

The two organisations signed a Memorandum of Understanding (MoU) to create greater awareness among MSMEs about equity financing, particularly through the BSE SME platform

Prime Minister Narendra Modi's call to MSMEs to fully leverage India's growing network of free trade agreements (FTAs) is timely, as these pacts offer small businesses an opportunity to access larger global markets, integrate with global value chains and improve their competitiveness, exporters say. They also said that with preferential market access now available across several major economies, the real opportunity lies in converting these agreements into export orders. Prime Minister Narendra Modi, on Saturday, said India has finalised FTAs with about 40 countries since 2014, presenting a tremendous opportunity for the country's MSMEs, and urged small enterprises to tap these opportunities and not let the chance slip away. Addressing the country on the 80th Independence Day, he said there is a need to expand the global reach of Indian products and ensure that goods such as textiles, machinery and medicines find their way into international markets. Welcoming the government's move

Retail bureau coverage rose 1.7 times to 78.9 crore borrowers by 2026, while active MSME borrowers more than doubled to 1.9 crore over the five-year period

The lender uses GST, account, bureau and other data in its AI-backed underwriting engine, while deploying the technology in fraud detection, customer care and cheque processing

Uttar Pradesh’s Plug and Play Shed Policy aims to give smaller businesses access to ready-to-use industrial spaces with lower upfront costs. Here’s how the policy works

The Jaipur outcomes include a proposed BRICS invoice-discounting mechanism, cash flow-based credit assessment for exporters and an action plan for resilient value chains

Four in five small businesses expect online sourcing to drive growth over the next three years, highlighting a vast opportunity for digital procurement platforms

The India SME Forum estimates the MSME procurement economy at ₹124.9 trillion, but says only 30-40 per cent of spending currently takes place through digital channels

The policy offers capital subsidies, export assistance and technology incentives as Haryana seeks to double exports over the next five years

The government on Tuesday introduced a Bill in the Rajya Sabha that seeks to tackle the issue of delayed payments to micro small and medium enterprises (MSMEs) by prescribing timelines to ensure faster adjudication of disputes, provide recovery of the settlement agreement, and address their liquidity issues. Union Minister for MSMEs Jitan Ram Manjhi introduced the Micro Small and Medium Enterprises Development (Amendment) Bill, 2026 in the Rajya Sabha. The Bill seeks to amend The Micro, Small and Medium Enterprises Development Act, 2006. "This legislation was framed in 2006, therefore there is a need for reforming it and making additions," the minister said. Notably, the proposed legislation seeks to empower courts to order payment of at least 50 per cent of the awarded amount to MSME suppliers, if the application to set aside an order is pending for more than six months. It also seeks to provide recovery of the mediated settlement agreement or the arbitral award as arrear of land

The Haryana government will soon bring a new MSME policy, Chief Minister Nayab Singh Saini said on Saturday. The new MSME policy, which will take the MSME and export sectors to new heights, is under the cabinet approval, but its draft contains several important proposals for the benefit of the industry, Saini said. He said the proposed export freight subsidy support limit has been increased from Rs 10 lakh to Rs 30 lakh per unit per year. Industries exporting more than 80 per cent of their production will be given special recognition on the proposed Udaan Dwar Portal, enabling them to connect more easily with international buyers, he said. He also said the draft policy proposes affordable insurance products by expanding the scope of the Mukhyamantri Vyapari Kshatipurti Yojana to protect small traders and MSMEs against losses arising from fire, theft, and natural disasters. To further improve ease of doing business, land feasibility certificates will now be issued within 45 working

Kaspersky says India's SMBs are becoming attractive ransomware targets as cybercriminals exploit weak security, growing digital adoption and deeper integration with enterprise supply chains

ABCL is embedding generative and agentic AI across key functions while targeting 25 per cent loan growth over the next three years, backed by retail and MSME lending

Revised MSME Ministry guidelines require all operating CPSEs to settle MSME procurement invoices through RBI-regulated TReDS platforms to ensure timely payments

The Centre plans a district-level export push covering 500 districts, with dedicated MSME support, quality labs, certification aid and logistics subsidies

Only 140 exporters have registered for collateral-free export credit under EPM since January, highlighting weak uptake of the MSME-focused guarantee scheme

Vedanta's digital metal procurement platform processed nearly $5 billion in FY26 sales, with over 450 MSMEs using it for sourcing metals and accessing ₹1,600 crore in channel financing

In this session, Dinesh Gulati, COO of IndiaMART, shares his rich experience and provides career tips to the B-Schoolers.