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Latest Articles in msme
Bank's MSME Portfolio Quality Shows Improvement As GNPAs Decline To 6.8% in March: RBI Report
According to the report, the gross non-performing assets (GNPA) ratio for the MSME portfolio declined from 9.3 per cent in March 2022 to 6.8 per cent in March 2023
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Going Beyond Another MSME Day. We Can Do Better
With a focus on constant innovation, Indian MSMEs can unlock their true potential, drive economic growth, and become key players in the global marketplace
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Meta, CAIT Join Forces To Upskill 1 Mn Traders And Boost MSME Growth
This partnership with CAIT will enable traders across India to leverage the power of the WhatsApp Business App, connecting them with customers and propelling their growth journeys
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Haryana Govt To Allocate Rs 100 Cr To Nurture Entrepreneurship In State
In Haryana, about 2,81,024 new MSME manufacturing units registered in the past five years
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About 90% MSMEs View Cost Reduction As Motivation To Implement Sustainability Initiatives: Survey
According to the index, 65 per cent of the micro, small and medium enterprises (MSMEs) do not have defined sustainability targets.
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Indian MSMEs: Financial Horrors Are Alive And Kicking
India has over 6.3 crore MSMEs which contribute approximately 30 per cent to the annual gross domestic product (GDP) and also employ an estimated 23 per cent of the country’s total workforce
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MSME Sector That Needs The Attention For Inclusive Growth
The first challenge is to get the micro, small and medium enterprises registered
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MSME Credit Demand At High While Delinquencies Decline: Report
The TransUnion CIBIL-SIDBI MSME Pulse Report indicated that the credit growth in the micro segment owing to an improvement in lender confidence
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Govt Striving To Make MSME Sector Largest Employment Provider In India: BB Swain
The figure of 10.73 crore employment generated is based on self-declaration by MSMEs and the sector is surely on its way to becoming the largest employment provider in the country
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UP Makes Bank Guarantee Mandatory For MSME Investors
A notification was issued in this regard, stating that a bank guarantee equivalent to the stamp duty exemption will be deposited and released after the unit begins commercial production
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Union Govt To Set Up More Technology Centres For Growth Of MSMEs
The MSME sector is crucial to the growth of the Indian economy and is important for the development of both manufacturing and services
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Banks May See Increase In Bad Loans From Retail & Small Businesses: SBI Official
According to an official, bad loans may increase because these businesses frequently have weaker cash flows or little equity, which erodes quickly during times of stress and eventually leads to defaults
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Odisha Becoming Best Destination For Indian Investors: State MSME Min
After the Make in Odisha (MIO) Conclave 2022, the Odisha government in collaboration with the Indian Chamber of Commerce (ICC) hosted the Odisha Investors’ meet at Kolkata
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Tamil Nadu Govt To Set Up Thematic Industrial Parks For MSMEs
The government will develop six parks, two in Chennai, three in Coimbatore and one space park at Kulasekarapattinam in Thoothukudi. Reports say that the state government currently has approximately 35,000 acres of land and has been also considering acquiring around 10,000 acres in the next five years to develop the six thematic industrial parks
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Udyam Portal Registration: Centre Says 84,23,452 Employed In MSMEs Sector In FY 2022-23
The government is providing Rs 5 lakh crore collateral-free automatic loans for businesses, Rs 50,000 crore equity infusion through MSME self-reliant India fund, says Minister of State for MSME Bhanu Pratap Singh Verma
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