Empowering MSMEs with News & Insights

Economy

Finance Minister advises public sector banks to focus on MSME outreach

Finance Minister advises public sector banks to…

New Delhi, June 10 (KNN) Finance minister Nirmala Sitharaman has advised Public Sector Banks (PSBs) to maintain proactive outreach to the Micro, Small and…

Loans worth Rs 599.12 cr disbursed through PSBs so far; Tamil Nadu tops the list

Loans worth Rs 599.12 cr disbursed through…

New Delhi, June 9 (KNN) Loans worth Rs 599.12 crore has been disbursed by the public sector banks to 17,904 MSMEs as of June 8, 2020 under Rs 3 lakh crore…

Covid Emergency Credit Facility covers all firms not just MSMEs: Fin Min

Covid Emergency Credit Facility covers all firms…

New Delhi, Jun 9 (KNN) Union Finance Minister Nirmala Sitharaman has clarified that the Covid Emergency Credit Facility announced as part of the Aatma Nirbhar…

PSBs disburse loans to MSMEs worth Rs 8,320 cr under ECLGS

PSBs disburse loans to MSMEs worth Rs…

New Delhi, Jun 8 (KNN) Public Sector Banks (PSBs) have disbursed Rs 8,320 crore till June 5 under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme…

GST Council to meet on June 12

GST Council to meet on June 12

New Delhi, Jun 6 (KNN) The Goods and Services (GST) council is scheduled to meet on June 12 and is expected to discuss the impact of the COVID-19 pandemic…

No new govt schemes for a year: Finance Ministry

No new govt schemes for a year:…

New Delhi, Jun 5 (KNN) Shrinking revenue and increasing coronavirus cases have forced the Finance Ministry to not to initiate any new scheme in the current…

Can't waive interest on loans during lockdown period: RBI to SC

Can't waive interest on loans during lockdown…

New Delhi, Jun 4 (KNN) The Reserve Bank of India (RBI) has told the Supreme Court (SC) that it cannot waive interest on loans during the lockdown period…

SC seeks Fin Min’s reply on waiver of interest on loans during moratorium

SC seeks Fin Min’s reply on waiver…

New Delhi, June 4 (KNN) The Supreme Court has sought finance ministry's reply on waiver of interest on loans during the moratorium period after the…

Validity of scrips or certificates provided under MEIS and SEIS extended till September 30

Validity of scrips or certificates provided under…

New Delhi, June 2 (KNN) The Directorate General of Foreign Trade (DGFT) has extended the validity of scrips or certificates, provided under export incentive…

GST Council to discuss issue of GST late fee for August 2017 to January 2020 in the next meeting

GST Council to discuss issue of GST…

New Delhi, June 2 (KNN) The issue of late Goods & Services Tax (GST) fee for the past period of August 2017 to January 2020 will be taken up in the…