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MSME definition alteration has created new avenues of growth: PM Modi

MSME definition alteration has created new avenues…

Bengaluru, June 21 (KNN) Highlighting the importance of micro, small and medium enterprises (MSMEs), Prime Minister Narendra Modi said the change in the…

Prime Minister Modi to launch Udyami Bharat, address MSMEs on June 30

Prime Minister Modi to launch Udyami Bharat,…

New Delhi, June 20 (KNN) Amidst the raging Agneever controversy and an increased scrambling for jobs in India, Prime Minister Narendra Modi will address…

Gujarat chemical MSMEs report 50% reduction in output due to high input costs

Gujarat chemical MSMEs report 50% reduction in…

Gujarat, June 18 (KNN) The Gujarat’s chemical MSMEs have cut their production by 50 per cent due to the staggering rise in prices of raw…

CEA tells banks to ensure large companies pay MSMEs on time

CEA tells banks to ensure large companies…

New Delhi, June 18 (KNN) The Chief Economic Advisor (CEA) V Anantha Nageswaran has urged banks to ensure that large companies pay MSMEs and think…

Over 10.7 lakh crore MSME payments remain delayed: Report

Over 10.7 lakh crore MSME payments remain…

New Delhi, June 16 (KNN) It is estimated that Rs 10.7 lakh crore i.e. 5.9 per cent of the gross value added (GVA) of Indian businesses annually…

RBI selects 8 entities for MSME lending trail

RBI selects 8 entities for MSME lending…

Mumbai, June 16 (KNN) The Reserve Bank of India (RBI) has selected total eight entities for the ‘Test Phase’ for MSME lending under its Regulatory…

CRISIL sees rise in NPAs for unsecured and MSME loans

CRISIL sees rise in NPAs for unsecured…

New Delhi, June 15 (KNN) The extent of slippages to NPAs in the segment of unsecured and MSME loans would be higher as compared to the housing and gold…

Credit demand of non-metro MSMEs reach pre-Covid levels: Report

Credit demand of non-metro MSMEs reach pre-Covid…

New Delhi, June 15 (KNN) Owing to the marginal lag recorded in metro cities, the credit demand from MSMEs in non-metro cities in March 2022 was back to…

MSMEs struggling with low-carbon transition

MSMEs struggling with low-carbon transition

New Delhi, June 15 (KNN) MSMEs are facing a challenge to move towards a low carbon transition given the dearth of roadmaps to help them decarbonize,…

Punjab Govt partners with SIDBI to develop MSMEs

Punjab Govt partners with SIDBI to develop…

Chandigarh, June 14 (KNN) For the development of MSME ecosystem in the state, the Punjab government has signed a memorandum of understanding (MoU) with…

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