Msmes

MSMEs face operational crisis as LPG shortage threatens jobs, growth

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 can help manufacturing MSMEs create up to $150 bn in value by 2035

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 rises to ₹3.82 trn in FY25; FY27 growth pegged 8.2%

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

PM Narendra Modi asks industry to make the most of trade deals

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

Rajasthan govt streamlines ODOP, MSME approvals to ease doing business

Rajasthan streamlines ODOP and MSME approvals, delegates powers to district GMs and shifts fully online to speed up clearances and boost ease of doing business

Indian MSME drugmakers likely to focus on Brazil as next growth market

India-Brazil pharma meet highlights Brazil's growing role as a priority market for Indian MSME drugmakers, driven by rising exports, regulatory engagement and demand for specialty medicines

Infra recovery could accelerate NBFC growth after strong Q3 trends

NBFCs reported stronger Q3FY26 growth with margin expansion, lower credit costs and improved asset quality; a revival in infrastructure-linked activity could further support sector momentum into FY27

Will fund part of costs for micro, small exporters under EPM: Goyal

The government will fund a large part of the costs incurred by micro and small exporters to obtain international approvals for complying with regulations such as REACH and CBAM in Europe to help them boost shipments, Commerce and Industry Minister Piyush Goyal said on Monday. The support is being extended to these exporters under the Rs 25,060 crore export promotion mission (EPM). Under the mission's Trade Regulations, Accreditation and Compliance Enablement (TRACE) measure, support will be extended to exporters in meeting international testing, inspections, certifications and other conformity requirements. Partial reimbursement of up to 75 per cent will be provided for eligible testing, inspection and certification expenses, subject to an annual ceiling of Rs 25 lakh per IEC (importer-exporter code). "In the export promotion mission, we have provided funds so that wherever you require to get approvals internationally, particularly for micro and small units, the government will fun

NITI Aayog seeks major overhaul of India's apprenticeship ecosystem

NITI Aayog has proposed a unified apprenticeship mission, stronger industry participation and targeted incentives to address fragmentation, low completion rates and uneven engagement across India

Will wipe out ₹2,162 crore losses by March 2028: Bihar Gramin Bank Chairman

Bihar Gramin Bank's JEEViKA exposure at ₹11,500 crore; NPAs below 2%

ULI lender base grows to 89; interface has supported over 12 loan journeys

RBI's ULI onboards 89 lenders, supports 12+ digital loan journeys, enabling MSME, agri and retail credit via common tech infrastructure

Trade pact opens $30 trn US market; safeguards key sectors, farmers: Goyal

Commerce and Industry Minister Piyush Goyal said that the framework is expected to create jobs and MSME exports while keeping staple crops and dairy outside tariff concessions

Non-food credit growth accelerates to 14.4% Y-o-Y in Dec 2025: RBI data

Credit offtake strengthened on broad-based demand led by personal loans, MSME borrowing and services sector growth, while gold loans surged 127.6% amid reporting norm changes

Applications for 3 policies go online to help entrepreneurs in Rajasthan

Rajasthan moves three key entrepreneur support policies online, ending offline applications and easing access to MSME, export and ODOP incentives

From local clusters to global commerce, Budget 2026 puts MSMEs at centre

Budget 2026 sharpens India's self-reliance push with targeted funds, liquidity support and platform reforms to help MSMEs scale, export and anchor future growth

Union Budget 2026-27: Policy support to keep agri, rural revival on track

Budget 2026-27 strengthens agriculture, MSMEs and rural infrastructure, positioning villages, Tier-II and Tier-III towns at the heart of India's Viksit Bharat vision

This Budget shows a confident, future-ready Bharat, says Piyush Goyal

This is a Budget that shows a future-ready Bharat, and carries forward the reforms that the Prime Minister initiated on August 15 last year, says Goyal

Union Budget 2026-27 sharpens focus on manufacturing and MSMEs push

With income tax and goods and services tax already rationalised over the last year, the expectation on the tax side had shifted to simplification and rationalisation

Budget 2026 lays three-part roadmap to help MSMEs scale: Details here

Compared with last year's Budget, the Union Budget 2026-27 builds on the credit framework while moving decisively towards equity funding, market-linked liquidity, and structured compliance support

Budget 2026 aims to reduce fiscal deficit, boost capex and growth: PM Modi

PM Modi says Union Budget 2026 focuses on fiscal discipline, inflation control and high capital spending, while backing reforms, MSMEs and tourism to drive growth and achieving 'Viksit Bharat' goals