MSMEs

AI adoption accelerates across sectors, India must rethink virtualisation models to ensure cost efficiency, flexibility, and secure infrastructure capable of supporting scalable and inclusive growth

The Ministry of Small and Medium Enterprises is in touch with the Department of Financial Services to explore an ECLGS-like credit guarantee scheme to support MSMEs amid the West Asia crisis, a senior official stated on Wednesday. Responding to a media query on whether a credit guarantee scheme was in the works for MSMEs, Additional Secretary in the Ministry of Micro Small and Medium Enterprises (MSMEs) Rajneesh said, "We are in constant touch with the Department of Financial Services regarding ECLGS kind of a mechanism. So, at an appropriate stage I will be in a position to share further details on this". The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat Abhiyan to support eligible MSMEs and enterprises in meeting their operational liabilities and restarting their businesses in the context of the disruption caused by the COVID-19 pandemic. The scheme covers all the sectors. Field officers of the MSME Ministry are in constant

The government should cap testing charges for routine industrial products as high costs to comply with the quality control orders (QCOs) may impact the country's manufacturing and small importers, think tank GTRI said on Tuesday. While the QCO policy aims to improve product quality and consumer safety, the pace of expansion is putting pressure on testing infrastructure and has created significant compliance bottlenecks for MSMEs, the Global Trade Research Initiative (GTRI) said. "India's expanding quality control regime is imposing such high testing and certification costs that many MSME importers may be pushed out of business, leaving the market increasingly dominated by large importers," GTRI Founder Ajay Srivastava said. The charges arise under the Foreign Manufacturers Certification Scheme (FMCS) of the Bureau of Indian Standards (BIS), under which foreign manufacturers of products covered by India's Quality Control Orders have to obtain BIS certification before exporting to ...

Government is exploring extending TReDS to defence procurement to improve MSME liquidity, address delayed payments, and encourage greater participation in the sector

Banks prefer restructuring MSME loans over moratoriums to maintain credit discipline, as stress from US tariffs and the West Asia crisis raises concerns over repayment capacity

RBI proposes removing due diligence requirement for MSMEs on TReDS platform to improve access to working capital and encourage wider participation

Newer options such as acquisition financing, now allowed for banks by the RBI, should also support credit growth

A new report has flagged a delayed risk cycle for India from the US-Iran conflict, as liquidity tightens and cash-flow stress builds before defaults, even as headline indicators remain stable

Industry says duty exemption on petrochemical imports has had limited impact as raw material prices stay elevated, demand weakens, and MSMEs face mounting stress

Industry body proposes credit support, tax relief and policy steps to shield MSMEs, exporters and energy-intensive sectors from disruptions caused by the ongoing West Asia crisis

RBI bars NDF trades with corporates The RBI has barred banks from offering rupee NDF contracts to corporate clients to curb speculation and stabilise the currency.

Starting in Firozabad, where cooled furnaces and scattered shards of glass mirror fragile livelihoods, this six-part series traces the ripple of the West Asia war across India

India's MSMEs are reshaping retail through digital adoption, data-led decisions and e-commerce expansion, but unlocking their full potential will require stronger infrastructure, training, and ecosyst

Move to boost e-commerce exports and ease logistics as CBIC rolls out wider reforms, including faster clearances and simplified return mechanisms

Bankers seek debt moratorium for MSMEs With the West Asia conflict nearing a month, bankers have urged the RBI and Centre to consider a time-bound moratorium on debt repayments for MSMEs

Writes to three ministries flagging MSME stress; seeks lower interest rates, loan moratorium, and working capital support amid shutdowns and fuel supply disruptions

A critical shortage of LPG is pushing micro, small and medium enterprises towards an operational crisis, the Association of Indian Entrepreneurs said, calling for urgent intervention of central and state governments to prevent job losses in the sector. Association of Indian Entrepreneurs National Chairman K E Raghunathan highlighted that for thousands of small industries, commercial kitchens, and food processors, "LPG is not just a fuel, it is a lifeline of daily production." In a statement on Sunday, he said, "When supply becomes uncertain and prices rise sharply, MSMEs simply cannot absorb the shock." "Unlike large corporations, MSMEs operate on extremely thin margins. A sudden spike in energy costs or irregular LPG supply can force many units to cut production, reduce workforce, or temporarily shut down operations. If this situation continues, it could trigger a chain reaction impacting employment, supply chains and local economies," he added. Raghunathan urged the central and .

AI could enable $135-150 billion in value creation for manufacturing MSMEs by 2035, a PwC-ORF study says, stressing a human-centric, augmentation-first approach to technology adoption

Uttarakhand's GSDP rose to ₹3.82 trillion in FY25 from ₹2.54 trillion in FY22, with higher per capita income, lower poverty levels and growth projected at 8.2 per cent for FY27

Modi says industry must shed reluctance on R&D, focus on global-quality output and embrace sustainability to tap opportunities unlocked by recent free trade agreements