Page 23 - Msmes

Coronavirus lockdown: Rs 60k-crore income support plan for poor in works

The scheme could mean transferring Rs 5,000-6,000 into the bank accounts of 80-100 million poor families, Business Standard has learnt

Letter to BS: SMEs need govt's large-heartedness to survive pandemic

With the 21 days complete lockdown announced by the prime minister, the outbreak will hopefully subside but the economic impact will be far more damaging and lasting

Covid-19 impact: MSMEs require support to survive, says industry expert

Over 22% of the over 75 Million MSME's units in India will be shut if the lockdown in cities extends beyond 4 weeks and a staggering 43% will shut shop if the panic extends beyond 8 weeks

Digital architectures expanding reach of credit to MSMEs: RBI Governor

"The need is to have a right set of policies and enabling framework which guide and support MSMEs to effectively handle their existing problems and venture into new areas," Das said

Par panel recommends creation of market intelligence cell for MSMEs

The panel also proposed multiple registrations with several government agencies for various purposes should be done away with for MSMEs

Banks to lend Rs 1.85 trn to housing, auto, MSMEs in next 6 months

The recently conducted Long Term Repo Operations (LTRO) by RBI are aimed at providing additional durable liquidity to the Banking Sector

UP set up 346,000 new MSME units in 3 years; state aims to boost sector

MSMEs account for 80% of UP's exports at Rs 1.14 trillion

Explained in 3 charts: Environment remains challenging for NBFCs, MSMEs

RBI has announced an extension of the one-time restructuring scheme for MSMEs

Big e-commerce meets small business: A balancing act for Amazon, Flipkart

As trader groups cry foul against them, Amazon and Flipkart learn to do business with small business

MP provides legal backing to time-bound clearance to industrial licences

The new law will be applicable to greenfield industrial projects under Information Technology, Tourism, MSME and Industries categories

Flipkart aims to penetrate tier 2 cities; to focus more on value than speed

Flipkart is of the view that this differentiator will work in its favour to grow its business further

Dec quarter shows much-needed improvement in asset quality for PSU banks

Slippages ratio for FY20 pegged at 3.5 per cent a tad lower than previous year's 3.7 per cent, but MSMEs, agri and retail are segments that could see fresh stress

RBI monitoring revival of sick units in UP, flags financial literacy week

Since MSMEs contribute 60% of UP's industrial output, state has stressed on boosting sector with easy working capital loans for realising its trillion-dollar economy target

Bringing MSMEs into e-commerce

Only a minuscule percentage of SMEs participate in e-commerce platforms, leaving the sector's large potential untapped. A mechanism to change this scenario is needed

RBI does what Budget could not

It's not a monetary policy; it's a credit policy of a governor who is not shy of experimentation when the space for monetary easing is limited

Budget's much-needed leg-up for small units: CRISIL SME Tracker

An evaluation of 13,000 MSMEs using the CRISIL Quantix database shows that working capital comprises over half of their need for debt

Budget: A few positive prescriptions for a slow cure, says JM Financial MD

It is reassuring to see that the deficit target was kept within expected lines and 10 per cent growth in nominal gross domestic product is projected

Nirmala Sitharaman's Budget 2020: Trust, the new mantra in tax policy

The Centre's commitment to reduce harassment of a sound taxpayer reaffirmed

Budget proposal allowing NBFC invoice financing will help MSMEs: Trade body

MSME Export Promotion Council Chairman D S Rawat said government should make it applicable to all units operating from conforming as well as non-conforming areas

Banks looking to restructure major chunk of Rs 2-trn MSME loans by March

The MSME sector has been reeling from stress for quite some time