Page 26 - Msmes

GSP withdrawal: Plastic exporters explore new markets to keep ball rolling

Eye huge markets in CIS nations, Africa and Latin America, where Indian exports have a negligible presence

Govt plans debt waiver for small distressed borrowers under insolvency law

Corporate Affairs Secretary Injeti Srinivas estimates the waiver will cost Rs 10,000 crore annually.

Govt to review CSR criminal penal provisions: FM Nirmala Sitharaman

Less than 1% of large corporates pays corporation tax at 30%, with the rest at 25%

Housing finance companies get Rs 10,000-crore liquidity infusion

Finance Minister Nirmala Sitharaman will meet heads of state-owned and private banks on Monday to discuss the ongoing liquidity crisis in NBFCs

Yes Bank goes bullish on MSMEs; looks to prune turnaround time to one day

The bank is looking to disburse Rs 500 crore in the next one year through a newly-launched lending programme

Budget 2019 promises new pension scheme, highway revamp & more

She also noted that the government has allocated Rs 350 crore towards interest subvention for MSMEs for 2019-20

Flipkart plans to tap 50,000 MSMEs for expanding in small towns

Flipkart claims to have almost 100,000 MSMEs on the platform

Govt working on new credit scheme for MSMEs to encourage job creation

He said small and medium enterprises contribute 29 per cent of India's GDP and provide employment to 110 million people

RBI's panel on MSMEs bats for Rs 5,000-crore stressed asset fund

Committee also suggests doubling collateral-free loans to Rs 20 lakh

Relief for MSMEs

Plan to double collateral-free loans can, however, be a spoiler

UP government to mandate 25% procurement from local small businesses

UP is home to about 4 million MSMEs and the sector is the second largest employer after agriculture

MSMEs urge Naveen Patnaik to change status of allotted lands to freehold

The associations also requested chief minister to come out with a conversion policy for MSME of the state

MSEs are becoming more optimistic about their business prospects: Survey

Firms also appear to be optimistic about their prospects in Q4FY19

Scheme's intention stymied on ground

Well-intended schemes are not being fully implemented in letter and spirit at operating levels

MSME units provided jobs to 10 crore people in past 4 years: Govt

2 lakh entrepreneurs benefited from the Prime Minister's Employment Guarantee Programme between 2014-18 taking the overall number to 20 lakh

One-Indian-One-Price among a slew of demands made by AIMO to boost MSMEs

Uniformity in stamp duties for property mortgages across states, GST exemption, interest on refunds from governments, early settlement of NPA are among other demands made by the trade body

Loan restructuring for small businesses welcome, but solve this malaise

Banks may have to tweak the way they appraise loans to the sector

Govt plans insurance scheme up to Rs 10 lakh for GST-registered MSMEs

The scheme, if approved by the government, is likely to be announced by the end of this month before the commencement of the Budget session

Trade body lauds RBI's new guidelines on loans to MSMEs

The MSMEs in the exporting sectors which were affected due to demonetisation and implementation of GST would be benefited by the move

Govt to set up 20 additional tech centres to help MSMEs: Giriraj Singh

Currently, 10 such centres are operational in different states of the country