Business Standard

Page 12 - Msmes

Govt implements AI, ML tools on 'Champions' portal for assistance to MSMEs

The Champions system was launched by Prime Minister Narendra Modi on June 1, 2020

Govt implements AI, ML tools on 'Champions' portal for assistance to MSMEs
Updated On : 14 Oct 2020 | 11:59 PM IST

RBI's pro-growth policy brings cheer to D-Street, experts warn of bubble

Helped by pent-up demand and inventory push ahead of the festive season, earnings growth in September quarter is anticipated to be better than June's performance

RBI's pro-growth policy brings cheer to D-Street, experts warn of bubble
Updated On : 10 Oct 2020 | 1:05 AM IST

World Bank to support enterprises in Uttar Pradesh under ODOP scheme

The ODOP scheme was launched in 2018 to promote the state's traditional and indigenous industries under the MSME sector by providing funding, training, marketing support etc

World Bank to support enterprises in Uttar Pradesh under ODOP scheme
Updated On : 09 Oct 2020 | 4:55 PM IST

Banks sanction Rs 1.87 trn to 5.07 mn MSMEs under credit guarantee scheme

The Finance Ministry said banks have sanctioned loans of about Rs 1,87,579 crore to 5.07 mn business units under the Rs 3-lakh crore ECLGS for MSMEs impacted by slowdown caused by the pandemic

Banks sanction Rs 1.87 trn to 5.07 mn MSMEs under credit guarantee scheme
Updated On : 08 Oct 2020 | 4:16 PM IST

Flipkart expands last-mile reach with 3,000 hubs ahead of festive season

This would strengthen the e-commerce firm's presence in tier-III cities and beyond

Flipkart expands last-mile reach with 3,000 hubs ahead of festive season
Updated On : 07 Oct 2020 | 10:34 PM IST

Flipkart expands last-mile reach with 3,000 hubs ahead of festive season

This would strengthen the e-commerce firm's presence in tier-III cities and beyond

Flipkart expands last-mile reach with 3,000 hubs ahead of festive season
Updated On : 07 Oct 2020 | 8:52 PM IST

Indian Bank launches business mentoring programme to support MSMEs

'MSME Prerana' will train entrepreneurs in business skills, communication, credit assessment.

Indian Bank launches business mentoring programme to support MSMEs
Updated On : 06 Oct 2020 | 10:02 PM IST

Reforms to mitigate Covid-19 impact will ensure long-term growth: FinMin

The implementation of 'Aatmanirbhar Bharat' package and unlocking of the economy have ensured that economic recovery in India has gained momentum

Reforms to mitigate Covid-19 impact will ensure long-term growth: FinMin
Updated On : 04 Oct 2020 | 6:06 PM IST

Pandemic relief: UP govt exempts industrial areas from double taxation

Earlier, industries falling under the jurisdiction of UPSIDA, were subject to tax/user charges levied by the nodal industrial development agency and the local district panchayat

Pandemic relief: UP govt exempts industrial areas from double taxation
Updated On : 04 Oct 2020 | 4:45 PM IST

Few takers for special liquidity scheme due to stringent eligibility rules

The use of liquidity facility remains low due to factors such as consolidation of business, stringent eligibility rules and short tenure

Few takers for special liquidity scheme due to stringent eligibility rules
Updated On : 03 Oct 2020 | 6:05 AM IST

Credit demand from priority sectors drops to 1.9% in June quarter: Report

Despite many efforts by government to boost credit supply by offering many a scheme to MSMEs and other priority sectors, the same has plunged to a low 1.9% in the June quarter from 10.2% a year ago

Credit demand from priority sectors drops to 1.9% in June quarter: Report
Updated On : 29 Sep 2020 | 8:53 PM IST

Flipkart Wholesale's first-ever festive season sale for fashion retailers

Flipkart Wholesale's 'Big Festival Month' would offer a wide range of products in categories

Flipkart Wholesale's first-ever festive season sale for fashion retailers
Updated On : 29 Sep 2020 | 12:14 AM IST

Local players must capture domestic market for self-reliant India: Minister

Citing an example, he said earlier the market depended on China and Vietnam for bamboo for making incense sticks (agarbatti), but now the duty has been increased to 25 per cent

Local players must capture domestic market for self-reliant India: Minister
Updated On : 25 Sep 2020 | 11:30 PM IST

Banks sanctioned Rs 1.77 trn to MSMEs under ECLGS: Nirmala Sitharaman

Nirmala Sitharaman said that around Rs 1.77 trn credit has been sanctioned by PSBs and private banks to MSMEs and individuals reeling under the slowdown caused by the coronavirus pandemic

Banks sanctioned Rs 1.77 trn to MSMEs under ECLGS: Nirmala Sitharaman
Updated On : 25 Sep 2020 | 6:53 AM IST

Govt forms five task forces to make Indian MSMEs future-ready: Secy

MSME Secretary A K Sharma expressed confidence that it would be on the path of implementing the futuristic initiatives by the start of next year

Govt forms five task forces to make Indian MSMEs future-ready: Secy
Updated On : 24 Sep 2020 | 9:35 PM IST

Banks sanction loans worth Rs 1.77 trn to 4.4 mn MSMEs under ECLGS scheme

The latest numbers on ECLGS, as released by the Finance Ministry, comprise disbursements by all 12 public sector banks (PSBs), 24 private sector banks and 31 non-banking financial companies (NBFCs)

Banks sanction loans worth Rs 1.77 trn to 4.4 mn MSMEs under ECLGS scheme
Updated On : 24 Sep 2020 | 7:02 PM IST

Lok Sabha passes bill to amend Factoring Regulation Act to support MSMEs

Lok Sabha on Sunday passed a bill to amend the Factoring Regulation Act that seeks to help micro, small and medium enterprises by providing additional avenues for getting credit facility

Lok Sabha passes bill to amend Factoring Regulation Act to support MSMEs
Updated On : 21 Sep 2020 | 6:26 AM IST

Lok Sabha passes Factoring Regulation Amendment Bill to help MSMEs

The Factoring Regulation (Amendment) Bill, which was introduced on September 14, was passed by voice vote after a brief discussion

Lok Sabha passes Factoring Regulation Amendment Bill to help MSMEs
Updated On : 20 Sep 2020 | 11:43 PM IST

UP govt targets Rs 15,000 cr loans for MSMEs to ease working capital woes

UP aiming to double MSME exports to Rs 2.40 trillion in 3 years

UP govt targets Rs 15,000 cr loans for MSMEs to ease working capital woes
Updated On : 18 Sep 2020 | 5:10 PM IST

Karur Vysya Bank's focus areas will be MSME, retail: MD & CEO B Ramesh Babu

'Won't participate in consortium accounts where our share is least as we will have no say', said B Ramesh Babu

Karur Vysya Bank's focus areas will be MSME, retail: MD & CEO B Ramesh Babu
Updated On : 18 Sep 2020 | 1:42 AM IST