The Champions system was launched by Prime Minister Narendra Modi on June 1, 2020
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
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
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
This would strengthen the e-commerce firm's presence in tier-III cities and beyond
This would strengthen the e-commerce firm's presence in tier-III cities and beyond
'MSME Prerana' will train entrepreneurs in business skills, communication, credit assessment.
The implementation of 'Aatmanirbhar Bharat' package and unlocking of the economy have ensured that economic recovery in India has gained momentum
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
The use of liquidity facility remains low due to factors such as consolidation of business, stringent eligibility rules and short tenure
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
Flipkart Wholesale's 'Big Festival Month' would offer a wide range of products in categories
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
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
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
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)
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
The Factoring Regulation (Amendment) Bill, which was introduced on September 14, was passed by voice vote after a brief discussion
UP aiming to double MSME exports to Rs 2.40 trillion in 3 years
'Won't participate in consortium accounts where our share is least as we will have no say', said B Ramesh Babu