Page 2 - Msmes

Geopolitical uncertainty slows MSME credit growth: CRIF High Mark

CRIF High Mark said MSME credit growth moderated amid global uncertainty, while early-stage stress surfaced among micro borrowers, manufacturing firms and working-capital loans

Binding national floor wage may redefine states' minimum wage structures

India's new Labour Codes introduce a binding national floor wage, but experts warn the absence of a clear wage-setting formula could create uncertainty and uneven implementation

MSMEs have made loan requests worth ₹650 cr under ECLGS 5.0: Salee S Nair

In Q4, the bank reported NIM of over 4 per cent largely because, in anticipation of higher deposit costs, we repriced advances earlier

Moderation in revenue growth, margin looms for textile MSMEs: SME Tracker

Export-oriented RMG clusters such as Tirupur and Bengaluru are likely to see better revenue growth than domestic-focused clusters such as Kolkata and Kanchipuram

Heat stress widens factory divide as MSMEs face rising summer costs

Extreme heat is pushing up electricity bills, cooling costs and compliance expenses while reducing worker productivity, hitting factories and MSMEs with a rising but hidden cost burden

ECLGS 5.0 finds traction as MSMEs look for buffer amid uncertainty

Banks are seeing early interest in ECLGS 5.0 as MSMEs seek extra liquidity buffers amid rising uncertainty linked to the West Asia crisis

Fisme to Siam: Share rising input cost burden with MSME vendors

FISME has asked SIAM and automobile OEMs to help MSME auto component suppliers absorb rising wage, energy and raw material costs linked to the West Asia crisis

MSME GNPA ratio falls to 3.3% by Sep. 2026, but further decline unlikely

CareEdge said MSME asset quality improved significantly from FY20 levels, though global trade disruptions, rising costs and export-linked risks could weigh on future loan performance

Skill ministry working on unified database of skilling centres: MSDE Secy

MSDE Secretary Debashree Mukherjee said the ministry is building a common database of skilling centres to improve coordination and benchmark quality standards

Large companies must ensure timely working capital release of MSMEs: CEA

Large companies must ensure timely release of payments to micro and small enterprises to ease their working capital needs and reduce cost of funds, Chief Economic Advisor V Anantha Nageswaran said on Tuesday. Speaking at the CII Annual Business Summit, Nageswaran said large companies should accept invoices presented by micro, small and medium enterprises and make payments on time. "Larger enterprises in the country have to pledge to contribute to relieving the working capital requirements of micro and small enterprises. Micro, small, and medium enterprises are the source of working capital for large enterprises. It should be the reverse. And because these enterprises have a much higher cost of capital," Nageswaran said. Freeing working capital for MSMEs would create a "successful, positive bandwidth" in terms of innovation, Nageswaran said. India has a huge pool of MSMEs with many struggling to scale up and integrate better into the global value chain. He said the government has ma

Database for training centres in works: Skills Secy Debashree Mukherjee

Skills Secretary Debashree Mukherjee says the government is also exploring cluster-based apprenticeship models to boost MSME participation

Best of BS Opinion: Manufacturing ambition, the next IT state and more

From manufacturing reforms and Bengal's industrial future to Japan ties, wildlife conflict and digital culture, today's commentaries examine India's evolving challenges

Walmart says India sourcing has crossed $40 billion amid export push

Walmart CEO John Furner said the retailer is strengthening supplier capabilities, expanding exports and betting on India's fast-growing quick-commerce market

Best of BS Opinion: Credit guarantee scheme will help small businesses

Today's opinion wrap explores the economic fallout of the West Asia conflict, digital governance reforms, telecom disaster preparedness and the growing role of AI in policymaking

Manufacturing sentiment improves in Q4 despite rising cost pressures: Ficci

India's manufacturing sector remained resilient in Q4 FY26 despite rising input costs and geopolitical disruptions, according to Ficci's latest survey

North Tech Symposium: 'India's military might forged in defence factories'

The government credited Indian forces for neutralising terror threats during Operation Sindoor, highlighting that the use of "Made-in-India" equipment significantly enhanced operational effectiveness

Retail, agri credit growth pace to continue: Indian Bank MD & CEO

Indian Bank's CEO flags continued deposit pressure and cautious margin outlook even as credit growth and asset quality remain stable

Pvt banks expect pickup in retail credit in FY27; corp, MSME lending strong

Corporate and MSME loans power credit growth as retail lending lags, but banks expect a pickup in FY27

Bolstering mechanism for timely dues can give MSMEs a leg up in tough times

RBI's proposed TReDS reforms aim to ease MSME onboarding, improve credit flow and reduce payment delays, strengthening working capital access in uncertain times

India's digitalisation reforms improved productivity in MSMEs: IMF paper

India's digitalisation reforms in public administration have improved productivity in micro, small and medium enterprises (MSMEs) in states that have embraced such changes, the International Monetary Fund (IMF) said in a working paper. The authors compared the productivity of unincorporated manufacturing firms in states that have undertaken more digitalisation reforms with those having fewer such changes in public administration. "We find that states that undertake more public administration digitalisation experience higher productivity growth and lower productivity dispersion among firms," economists Somnath Sharma and Kenichi Ueda. MSMEs contribute around 35 per cent of manufacturing output in India, employ around 110 million workers and contribute about 45 per cent of the overall exports from India. Most MSMEs are not formally registered as companies under India's Companies Act of 1956 and only a few studies have been done on the impact of the business environment reforms on the