Page 17 - Msme Sector

Govt unlikely to grant any package for industry to pay workers' salaries

"The government lacks the fiscal space. It will not be feasible to give grants to the industry to take care of its wage bills," sources said.

Coronavirus lockdown: Rs 1-trn stimulus package for MSMEs on cards

The new package aimed at MSMEs could include increases in the limits of bank loans for working capital needs, hiking threshold limits for availing of tax exemptions

Chemicals manufacturers brace for drop in revenues: CRISIL SME Tracker

SMEs account for 30-35 per cent of the industry (in value terms), and are clustered around Gujarat, Maharashtra and the Delhi-NCR region.

Letter to BS: SMEs need govt's large-heartedness to survive pandemic

With the 21 days complete lockdown announced by the prime minister, the outbreak will hopefully subside but the economic impact will be far more damaging and lasting

Covid-19 impact: MSMEs require support to survive, says industry expert

Over 22% of the over 75 Million MSME's units in India will be shut if the lockdown in cities extends beyond 4 weeks and a staggering 43% will shut shop if the panic extends beyond 8 weeks

PSBs stare at tough quarter over coronavirus and higher provisioning

Slimmer chances of recovering Rs 20,000 cr from Bhushan Steel resolution in the near future add to lender's woes

Uttar Pradesh mandates 25% procurement from MSMEs by govt depts and PSUs

Fixes procurement sub-quota for MSMEs owned by women

UP has got industrial investments worth Rs 3 trillion since 2017: CM

State to promote 30,000 startups under flagship 'Yuva Hub' scheme

Have our bankers forgotten to lend?

No and yes. The rules of the game have been changed forever...

UP set up 346,000 new MSME units in 3 years; state aims to boost sector

MSMEs account for 80% of UP's exports at Rs 1.14 trillion

India, an alternative supply hub for the globe?

As the world economy grapples with the outbreak of coronavirus, India must take on the challenge to present itself as a worthy contender

Bandhan Bank to add 250 banking outlets by the end of this financial year

Move follows relaxation given by RBI to expand network. Earlier, the regulator had imposed curbs on lender for not meeting promoter shareholding norms

Big e-commerce meets small biz: A balancing act for Amazon, Flipkart

As trader groups cry foul against them, online majors learn to do business with small companies

MSMEs grapple with stress even as govt grants more time for restructuring

Muted demand, non-payment by large customers, and unwillingness on the part of banks to restructure loans takes a toll on the sector

Budget depicts a fine balance between stimulus and reforms: L&T Finance CEO

A reduction in personal income taxes for middle and lower middle classes is strongly positive for demand revival

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