MSME

Haryana MSME policy targets ₹55,000 crore investment, 500,000 jobs

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

Updated On: 30 Jul 2026 | 10:40 PM IST

Govt introduces Bill in RS to tackle payment delays faced by MSMEs

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

Updated On: 28 Jul 2026 | 10:47 PM IST

Haryana govt to introduce new MSME policy soon, says Haryana CM Saini

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

Updated On: 25 Jul 2026 | 10:47 PM IST

How ransom attacks on small businesses open doors to larger organisations

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

Updated On: 21 Jul 2026 | 3:04 PM IST

Aditya Birla Capital bets on AI-led growth, aims 25% loan CAGR in 3 years

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

Updated On: 20 Jul 2026 | 8:34 PM IST

Centre asks CPSEs to route MSME invoice settlements through TReDS

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

Updated On: 10 Jul 2026 | 10:36 PM IST

Centre plans to zero in on about 500 districts to boost MSME exports

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

Updated On: 07 Jul 2026 | 11:19 PM IST

Govt's collateral-free export credit scheme finds limited takers

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

Updated On: 06 Jul 2026 | 11:46 PM IST

Vedanta Metal Bazaar processes $5 bn in FY26 sales, boosts MSME procurement

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

Updated On: 03 Jul 2026 | 11:17 PM IST

How great leaders shape culture | Expert’s take

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

Updated On: 01 Jul 2026 | 3:00 PM IST
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Govt eyes export finance mechanism for MSMEs to bridge working capital gap

The proposed mechanism, to be explored with the Department of Financial Services and industry, aims to ease working capital pressures arising from long export payment cycles

Updated On: 30 Jun 2026 | 10:50 PM IST

Govt rolls out improvement notice mechanism to boost ease of doing business

The government has introduced an improvement notice mechanism under the Legal Metrology Act, allowing businesses to fix first-time procedural lapses before facing penal action

Updated On: 29 Jun 2026 | 1:26 PM IST

Progcap looks to raise $45 million equity capital in FY28 to fuel growth

MSME fintech firm Progcap aims to raise up to USD 45 million (approximately Rs 425 crore) from share sales in FY28 to expand its lending business. "We are planning a capital raise through equity dilution next financial year," Progcap co-founder Himanshu Chandra told PTI. It would be through private placement of shares, and the quantum could be in the range of USD 40-45 million, depending on the valuation, he said. "We have enough capital to take care of growth needs for the current financial year. We may look at dilution of equity next financial year," he said, adding that the dilution would be in the single digit. The fintech firm, which obtained an NBFC licence in 2022, has been witnessing very high growth in MSME lending, especially wholesalers and retailers. The fintech is currently present in 500 cities, Tier II, III and IV cities, with over 30,000 borrowers having an average ticket size of Rs 10 lakh. The lending firm focuses on loans to retailers and wholesalers across 10

Updated On: 28 Jun 2026 | 1:57 PM IST

Digital makeover of the small & medium businesses | Expert's take

In this session of Gurugyan, Navneet Sharma, COO, ACT Enterprise talks about digital infrastructure and SMBs.

Updated On: 23 Jun 2026 | 6:48 PM IST
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'Nursery of entrepreneurship, key to Viksit Bharat': RBI Guv bats for MSME

The RBI governor's message in Kochi puts the focus on whether banks can turn formal credit channels, digital rails and policy support into timely finance for small businesses

Updated On: 22 Jun 2026 | 6:15 PM IST

Crisil SME tracker: Road MSMEs under EPC may retain their margins in FY27

Increased allocations for highways and rural roads are expected to drive demand for MSMEs engaged in EPC projects

Updated On: 19 Jun 2026 | 10:39 PM IST

Time for lenders to rethink MSME credit beyond collateral-based models

Financial institutions must pivot towards cashflow tracking and unified digital networks to unlock funding for small businesses

Updated On: 15 Jun 2026 | 10:46 AM IST

MSME delayed payment complaints fall, disposal rate falls faster

MSME payment delays remain a major concern as complaint disposal rates plunge, with private firms, institutions, Maharashtra and Delhi leading dues

Updated On: 08 Jun 2026 | 5:50 PM IST

MSME loan portfolio grows 12.8% Y-o-Y to Rs 46 trillion in April 2026

Outstanding MSME loans reached about Rs 46 trillion in April 2026, but portfolio growth and active loan additions slowed sharply as global uncertainty weighed on credit supply

Updated On: 05 Jun 2026 | 6:00 PM IST

Beyond credit scores: Next inclusion phase must reach first-time borrowers

As seen in the 11th round of the National Bank for Agriculture and Rural Development's Rural Economic Conditions and Sentiments Survey, around 22 per cent of the surveyed rural households still depend

Updated On: 04 Jun 2026 | 10:34 PM IST