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67% MSMEs were temporarily closed, 50% saw 25% revenue decline in FY21: SIDBI survey

67% MSMEs were temporarily closed, 50% saw…

New Delhi, Feb 7 (KNN) During FY21, 67 per cent MSMEs were temporarily shut for up to three-months due to the Covid-19 pandemic, a SIDBI survey said. 

Boost given to MSME credit guarantee scheme in budget will generate employment: FDR

Boost given to MSME credit guarantee scheme…

New Delhi, Feb 5 (KNN) The increase in coverage of the ECLGS for MSMEs will help in generating employment making this budget a growth oriented…

Government should take steps to resolve MSME related issues and unemployment, says DMK MP Annadurai

Government should take steps to resolve MSME…

New Delhi, Feb 4 (KNN) This is the third year of the pandemic caused by Coronavirus. At a time when India is celebrating the Amrit Mahotsav on the occasion…

Small industries to benefit as DRDO plans R&D centre in Tamil Nadu

Small industries to benefit as DRDO plans…

Tamil Nadu, Feb 4 (KNN) The small industries in Tamil Nadu will be taking advantage of more self-reliance in defence production announced by Union Finance…

Haryana Court's stay on 75% job quota brings respite to MSMEs

Haryana Court's stay on 75% job quota…

New Delhi, Feb 3 (KNN) The order to give 75 per cent job reservation in private for domiciles of Haryana has been stayed by the Punjab and Haryana High…

No official record of MSME units shut due to pandemic; new discount scheme awaits: Piyush Goyal

No official record of MSME units shut…

New Delhi, Feb 3 (KNN) There is no official data on how many MSME units were shut down due to Covid-19 pandemic, however the government is cognizant that…

FISME thanks FM for acceding to MSME demand on Surety Bonds in lieu of BGs in Govt purchases

FISME thanks FM for acceding to MSME…

New Delhi, Feb 1 (KNN) The Union Budget 2022-23 marks a great departure from the regime of traditional Bank Guarantees in Government purchases.

The…

A well-meaning Budget with digital push: FISME

A well-meaning Budget with digital push: FISME

 New Delhi, Feb 1 (KNN) Contrary to the thick populist air blowing across the country amidst state elections, the Union Budget 2022-23 bets high…

Union Budget 2022: Startups receive one year extension on tax incentive

Union Budget 2022: Startups receive one year…

New Delhi, Feb 1 (KNN) The tax incentive provided to eligible startups has been extended upto 31st March, 2023. 

This decision comes in…

Reservation in defence capital for domestic manufacturing to help MSMEs: PM Modi

Reservation in defence capital for domestic manufacturing…

New Delhi, Feb 1 (KNN) Prime Minister Narendra Modi has welcomed the Union Budget 2022 tabled by Finance Minister Nirmala Sitharaman in Parliament…

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