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Govt schemes did not help sustain our businesses says 50% of MSME respondents: MSMEx Online Survey

Govt schemes did not help sustain our…

Mumbai, 17 Dec (KNN) As per an online survey conducted by MSMEx to gauge the impact of covid-19 pandemic on MSME sector, over 70% of MSMEs confirmed that…

AICA claims closure of a million MSMEs to cost Rs 25,000 cr

AICA claims closure of a million MSMEs…

Chennai, 17 Dec (KNN) The All India Council of Association of MSMEs (AICA), has stated that a loss of INR 25,000 crore will be incurred due to the one-day…

MSMEs encouraged to use digital platforms to enhance loan eligibility

MSMEs encouraged to use digital platforms to…

New Delhi, 16 Dec (KNN) The central government on Wednesday has approved a INR 1,300-crore incentive scheme to promote digital transactions using UPI and…

Neo-banking platform Open adds over 100,000 MSMEs every month

Neo-banking platform Open adds over 100,000 MSMEs…

New Delhi, 15 Dec (KNN) Open, SME neo-banking platform announced its acquisition of consumer neo-banking platform Finin for USD 10 Million in a cash-and-stock…

Economic recovery sees renewed demand for MSME funding: MD&CEO Shriram Finance

Economic recovery sees renewed demand for MSME…

Mumbai, 15 Dec (KNN) The Shriram Finance, merged entity is likely to start its operation from 1st April, 2023 with no plan to apply for bank license.

65 mn MSMEs adopting digitisation to achieve USD 3 trillion economy: Commerce Minister Goyal

65 mn MSMEs adopting digitisation to achieve…

New Delhi, 14 Dec (KNN) The Confederation of Indian Industry (CII) Partnership Summit 2021 began the 3-day long event on Monday. 

Union…

Centre clears Rs 75,471 cr MSME dues from June 2020 to October 2021

Centre clears Rs 75,471 cr MSME dues…

New Delhi, 14 Dec (KNN) Addressing the Lok Sabha on Monday, Union Minister of State for Finance Pankaj Chaudhary in a written reply to a question said,…

50,000 MSMEs to shut operations in Coimbatore on 20 Dec to protest against rising raw material prices

50,000 MSMEs to shut operations in Coimbatore…

Coimbatore, 13 Dec (KNN) As per several media reports, for about 50,000 MSMEs will be observing one-day closure of industries on 20th December, 2021 in…

Jindal to supply stainless steel products to MSMEs under NSIC scheme

Jindal to supply stainless steel products to…

New Delhi, 11 Dec (KNN) National Small Industries Corporation Limited (NSIC) has signed a Memorandum of Understanding (MoU) with JINDAL STAINLESS…

ECLGS likely to be extended until March 2023; Rs. 1.6 trillion still available under the scheme

ECLGS likely to be extended until March…

New Delhi, 10 Dec (KNN) The Emergency Credit Line Guarantee Scheme (ECLGS) which is supposed to end on 31st March, 2022 is expected to receive an extension…

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