Page 3 - Msme

Co-lending 2.0 gains ground, but earlier avatar continues to cast a shadow

The reality is that co-lending did not take off because banks and NBFCs had to dance around issues after blowouts in shadow banking, and iron out the finer aspects of the model

NITI bats for MSME Credit Guarantee Fund overhaul, AI, skilling support

The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) was launched by the Centre in the year 2000 to provide collateral-free credit to the sector

Startups, MSMEs filed 310% more patents in past 5 years: Official

Patent filings by startups and MSMEs have increased by 310 per cent in the last 5 years from 1,492 in 2018-19 to 6,120 in 2023-24, an official said on Thursday. N Ramchander, Joint Controller, Controller General of Patents, Designs and Trademarks, further shared that in about three years over 2.4 million students and faculty across India have been educated about IP rights through the National Intellectual Property Awareness Mission launched in 2021. Addressing an event organised by ASSOCHAM, he informed that the filing of patent applications in India has surged by 116 per cent rising from 42,763 in 2014-15 to 92,172 in 2023-24. "Patent grants have been an even more remarkable increase of 1,624 per cent, jumping from 5,978 in 2014-15 to 103,057 in 2023-24. India has seen biggest change in resident and non-resident distribution over past 10 years with the share of resident filling increasing from 24.8 per cent in 2013 to 60 per cent in 2024," said N Ramchander. India's IPR policy has

FinMin sets Rs 17.31 trillion MSME lending target for PSBs in FY26

MSME lending target for PSBs raised 19.5%

RBI rate cut, credit growth, MSME, Shriram Finance, 5 day banking wk & more in this week

The RBI’s rate-setting panel cut the repo rate by 25 bps to 6% and shifted its stance to 'accommodative'.

Size and scale: Regulation should enable companies to scale up faster

However, gaining access to technology is not the only problem small and medium-sized businesses are facing

Ecommerce boosts MSME financing, eases loan access: Icrier survey

In contrast, the report said that access to markets and finance are the most significant challenges confronting non-integrated MSMEs in India

MSMEs aren't one-size-fits-all: Secretary calls for tailored policies

NITI Aayog, industry to nudge MSMEs to embrace tech

Prepayment penalties: A boon for small firms or a barrier to credit?

The draft circular states that "divergent practices" of lenders concerning foreclosure charges/ prepayment penalties lead to "customer grievances and disputes"

CDSCO asks MSME pharma firms to apply online for Schedule M extension

This comes after the health ministry had on February 11 formally extended the deadline for implementing the revised Schedule M by one year for pharma companies with an annual turnover below Rs 250 cr

ISID backs MSMEs, startups to drive manufacturing-led Viksit Bharat

While big industry is crucial, ISID's industrial development report advocates strengthening medium and small enterprises and startups to achieve India's 2047 goal

Excessive data, digital tools regulation can slow MSMEs expansion: Survey

A majority of MSMEs surveyed expressed that excessive regulation over data and digital tools can create constraints for them and deprive them of tech gears necessary for scaling the business and reaching new markets and customers, a report has said. India SME Forum conducted a survey among more than 1,000 MSMEs for insights into the integration of digital tools within their operations, the report said. A majority of respondents said that excessive regulation could create constraints for MSMEs, depriving them of digital tools necessary for scaling their businesses, reaching new markets, and sustaining competitiveness, it said. Digital tools serve as a cost-effective and scalable means to compete with larger enterprises and establish their brands. "Many MSME members have expressed that the current overall regulatory framework for personal data and non-personal data is overly restrictive, creating compliance burdens that hinder their ability to market effectively and engage with ...

FM launches digital footprint-based credit assessment model for MSMEs

The Finance Ministry statement further noted that the benefits to MSMEs by use of this model includes submission of application from anywhere through online mode, reduced paperwork and branch visit

NITI Aayog plans policy for medium-size firms to aid their growth

Nageswaran said MSMEs should shed their fear of growth and transform across scales - from micro to small, from small to medium, and from medium to large enterprises

Lending to MSMEs in Uttar Pradesh may surge 52% to Rs 4.5 trn in FY25

In the UP State Focus Paper prepared by Nabard, the state is projected to have a consolidated credit potential of ₹7.69 trillion in FY26 across priority sectors

Commerce department likely to seek more funds to help MSME exporters

Current allocation may not be enough to design and implement support schemes

Small can be beautiful: MSME sector gears up for transformational changes

The MSME sector may be on the cusp of a big change if it seizes on the opportunities in financing and protection in getting dues

Five years of Covid: Struggles, adaptations and hope for small businesses

From closures to online pivots, how small enterprises weathered the pandemic storm

Hopeful that Budget will offer schemes to aid MSMEs: UCCI president

Mohanty stated that he wants the corporate tax to be further reduced for the MSME sector

MCG scheme for MSMEs to boost investment, manufacturing, exports: Exporters

The launch of a new credit guarantee scheme for the MSME sector covering loans up to Rs 100 crore will help attract more investments, promote manufacturing and boost the country's exports, exporters say. They said that the exporting community's lack of adequate financing for capital investments has long been a challenge for MSMEs, restricting their ability to scale and compete in global markets. On January 29, the government launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) with an aim to provide 60 per cent guarantee coverage by National Credit Guarantee Trustee Company Ltd (NCGTC) to Member Lending Institutions (MLIs) for credit facility of up to Rs 100 crore sanctioned to eligible MSMEs for purchase of equipment/machinery, the finance ministry said in a statement. For availing the scheme, the MSMEs should fulfil certain conditions which include that the borrower should be an MSME with valid Udyam Registration Number, loan amount guaranteed shall not exceed Rs 100