Page 17 - Msme Sector

New scheme to provide subordinate debt to MSME entrepreneurs to be launched

The government has also asked the Reserve Bank to extend the Debt Restructuring window for micro, small and medium enterprises by a year to March 31, 2021

Banks looking to restructure major chunk of Rs 2-trn MSME loans by March

The MSME sector has been reeling from stress for quite some time

Credit Saison, Capital Float to provide digital financing to Indian SMEs

The two companies have jointly developed a unique co-origination model through which they will both contribute capital to deliver last-mile credit to MSMEs across the country

MSME is the backbone of industrial growth, says UP CM Yogi Adityanath

Uttar Pradesh will felicitate top exporters under its 'one district, one product' scheme

Cos from Iran, Bangladesh to participate in Odisha MSME trade fair

Chief Minister Naveen Patnaik will inaugurate the event on January 8

Year in Review: MSME sector poised for mega transformation in 2020

The Centre envisions a contribution of Rs 2 lakh crore from micro, small and medium enterprises (MSMEs) as India eyes becoming a USD 5 trillion economy by 2024

Govt may approve setting up Rs 5,000-crore stressed asset fund for MSMEs

With no promise of additional requisite funding, MSME ministry plans to cut existing schemes

Centre aims to extract $2 trn contribution from MSMEs in $5 trn economy

Under the Prime Minister's Employment Generation Programme (PMEGP), 65,312 new micro-enterprises have been set up, the MSME Ministry said in its year-end review for 2019

Slowdown in SME sector can hurt mid-sized private banks, be selective

RBL, Federal and City Union appear better-placed to handle the potential SME loans-related woes; investors should be cautious on DCB and Karur Vysya

Why neglect exports?

India's exports are held back more by our inadequate policies than by any stagnation in world trade

PhonePe crosses 5 billion transactions, grows five times in one year

The digital payments platform has over 175 million registered users in the country

State-owned banks to help small businesses with loans in month-long drive

Banks will also consider requests from MSMEs for restructuring their stressed standard assets

Miles to go as financial inclusion has only scratched surface: TRIBE CEO

Tech is helping extend credit to the MSME sector

$5 trillion economy: MSME sector has crucial role to play, says Assam CM

Sonowal also appealed to the entrepreneurs to take benefits of the National SC/ST hub to add capacity building.

UP posts 100% growth in MSME sector; project count hits 14 mn: Export panel

At present, the MSME sector contributes 65 per cent of the state's annual industrial output and is the second biggest employer after agriculture

MSME ministry likely to streamline existing schemes for better results

Central schemes may be significantly modified to maximise returns on fund allocation and speed up industrial output

Govt working on policies to push MSME exports, local production: Gadkari

He further said that secondly, the government is working on policy to increase indigenous production of products that are being imported

UP govt seeks Niti Aayog's help for release of Rs 46,000 cr central funds

49 state depts were to get Rs 69,459 cr in all during 2019-20, of which Rs 22,588 cr or less than a third of the total was released in first six months of the current fiscal

IAF fleet to rise to 2,000; opportunities in repair to grow: Official

There will be a huge requirement of aircraft in the next 10 to 20 years in military aviation of the country, said Air Marshall R K S Shera, Air Officer Maintenance of the IAF

MSME plays key role in becoming $5 trillion economy, says Union minister

He said earlier Indian companies used to export material and import finished goods due to lack of technology availability