Empowering MSMEs with News & Insights

MSME

Public sector Steel companies harming MSMEs: AITF

Public sector Steel companies harming MSMEs: AITF

Ludhiana, Aug 5 (KNN) All India Trade Forum (AITF) has accused public sector steel companies of harming Micro, Small and Medium Enterprises (MSMEs)  in…

Banks sanction 44 per cent of targeted Rs 3 lakh crore in liquidity support to MSMEs: CARE Ratings

Banks sanction 44 per cent of targeted…

New Delhi, Aug 4 (KNN) Both Public Sector Banks (PSBs) and Private Sector Banks have (PVBs) have sanctioned more than Rs 1.36 lakh to Micro, Small…

Govt expands ECGLS scheme for MSMEs; loan limit enhanced to 10 cr; professionals made eligible

Govt expands ECGLS scheme for MSMEs; loan…

New Delhi, Aug 2 (KNN) After the consultations with the industry stakeholders, Union Finance Minister Nirmala Sitharaman has tweaked and widened the scope…

MSME ministry launches programme to boost Indigenous production of Agarbatti & create employment for artisans involved in manufacturing of agarbatti

MSME ministry launches programme to boost Indigenous…

New Delhi, Aug 1 (KNN) Ministry of Micro Small and Medium Enterprises (MSME) has approved a programme for the benefit of artisans involved in manufacturing…

Banks can’t refuse loans to MSMEs under emergency credit facility: FM

Banks can’t refuse loans to MSMEs under…

New Delhi, July 31 (KNN) Finance Minister Nirmala Sitharaman on Friday said that banks cannot refuse credit to Micro Small and Medium Enterprises (MSMEs)…

Garment sector MSMEs to face more jobs cuts & closure: CMAI Survey

Garment sector MSMEs to face more jobs…

New Delhi, July 31 (KNN) Condition of Micro, Small and Medium Enterprises (MSMEs) involved in domestic garment sector seems to be deteriorating as…

MSME credit rating models need to be revisited: Experts

MSME credit rating models need to be…

New Delhi, July 31 (KNN) As the Micro, Small and Medium Enterprises (MSMEs) are currently going through a tough phase due to COVID-19 pandemic, experts…

SIDBI-TransUnion CIBIL launch MSMESaksham

SIDBI-TransUnion CIBIL launch MSMESaksham

New Delhi, Jul 30 (KNN) Small Industries Development Bank of India (SIDBI) in association with TransUnion CIBIL has launched MSMESaksham - a comprehensive…

Digital technology helps MSMEs to reach TReDS platforms: M1xchange CEO

Digital technology helps MSMEs to reach TReDS…

New Delhi, July 27 (KNN) The digital technology has helped Micro, Small and Medium Enterprises (MSMEs) to reach Trade Receivables Discounting System…

Banks continue to struggle to achieve loan target under ECLGS scheme; touch 1.30 lakh crore mark

Banks continue to struggle to achieve loan…

New Delhi, July 25 (KNN) Banks continued to struggle in sanctioning loans to COVID hit Micro, Small and Medium Enterprises (MSMEs) as till July 23,…

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