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Labour intensive sectors such as MSMEs and textiles are our main focus: PM Modi

Labour intensive sectors such as MSMEs and…

New Delhi, Feb 8 (KNN) We are largely focusing on MSMEs and textiles which are labour intensive sectors for India to become a part of the global value…

Retail, Agriculture and MSME business grew by 6.37%, reports Punjab & Sind Bank

Retail, Agriculture and MSME business grew by…

New Delhi, Feb 8 (KNN)  State-owned Punjab & Sind Bank (PSB) reported a net profit of Rs 301 crore for the quarter ending December 2021 as…

India GDP estimated at Rs 147.5 lakh crore in FY22, says Minister Pankaj Chaudhary

India GDP estimated at Rs 147.5 lakh…

New Delhi, Feb 8 (KNN) India's gross domestic product (GDP) is projected to grow at 9.2 per cent to Rs 147.5 lakh crore in 2021-22, said Minister…

West Bengal trade body to hold trade expo at BGBS 2022 to help MSMEs

West Bengal trade body to hold trade…

Kolkata, Feb 8 (KNN) The Confederation of West Bengal Trade Association (CWBTA) in partnership with the state government of West Bengal will host the…

Samadhan portal tallies about Rs 11 lakh cr outstanding payments to MSMEs

Samadhan portal tallies about Rs 11 lakh…

New Delhi, Feb 7 (KNN) The MSME Samadhan portal has recorded a total outstanding payment of Rs 11,741.21 crore to micro and small sector as of 3rd February,…

Dumping will be refrained but maintaining price level for MSMEs is important: FM Sitharaman

Dumping will be refrained but maintaining price…

New Delhi, Feb 7 (KNN) Dumping is not what we want but maintaining affordable prices for micro, small and medium enterprises (MSMEs) is essential, Finance…

Jammu industrial body demands land allocation on first-come-first basis

Jammu industrial body demands land allocation on…

Jammu, Feb 7 (KNN) The Federation of Industries Jammu (FOIJ) has urged the state government to allot industrial lands on first-come-first basis and…

Rahul Gandhi criticizes govt over MSMEs

Rahul Gandhi criticizes govt over MSMEs

New Delhi, Feb 7 (KNN) Congress leader and Member of Parliament, Rahul Gandhi slammed the government for deceiving the country with lies pertaining to the…

Govt warns against illegal sharing of export-import data, experts flag lack of clarity

Govt warns against illegal sharing of export-import…

New Delhi, Feb 7 (KNN) The government has, in the Budget 2022-23, proposed making publishing of export-import data from the country, unless required by…

Maharashtra Textile Minister halts lifting of power subsidy to powerlooms

Maharashtra Textile Minister halts lifting of power…

Kohlapur, Feb 7 (KNN) The Maharashtra Textile Minister Aslam Shaikh has put a hold on the decision to stop giving power subsidy to powerlooms having…

DFIs & impact investors are critical funding partners to help bridge MSME credit gap in India: U GRO Capital Chair

DFIs & impact investors are critical funding…

Mumbai, Feb 7 (KNN) The Development Financial Institutions (DFIs) and impact investors are crucial funding partners to help bridge the MSME credit gap in…

Budget 2022-23 will be more directional with long-term growth, says Goyal

Budget 2022-23 will be more directional with…

New Delhi, Feb 7 (KNN) On February 1, the government presented a budget with no tax increases and thus no new revenue generation measures but chose…

SRI fund to help 5,000 MSMEs: MSME Minister Rane

SRI fund to help 5,000 MSMEs: MSME…

New Delhi, Feb 7 (KNN) As many as 5,000 micro, small, and medium enterprises (MSMEs) are likely to benefited from the Self Reliant India (SRI) fund,…

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. 

Garment exporting MSMEs hit by raw material prices: Tirupur Exporters

Garment exporting MSMEs hit by raw material…

New Delhi, Feb 5 (KNN) Majority of the garment exporting units are MSMEs and they are labor-intensive and vulnerable to several external factors. The government…

RBI likely to leave policy rates unchanged till April: Report

RBI likely to leave policy rates unchanged…

New Delhi, Feb 5 (KNN) The RBI's rate-setting panel Monetary Policy Committee (MPC) will begin its deliberations on Monday and announce the policy moves…

39 towns have been recognized as Towns of Export Excellence under the Foreign Trade Policy

39 towns have been recognized as Towns…

New Delhi, Feb 5 (KNN) The central government has given the tag of 'Town of Export Excellence (TEE) to 39 towns under the Foreign Trade Policy (FTP)…

Dye exports up by 25% in April-Dec, says Dyes Export Promotion Council

Dye exports up by 25% in April-Dec,…

Ahmedabad, Feb 5 (KNN) As international markets resumed, the demand for textiles went high, because of which processing units procured more dyes and intermediates.

Textile Ministry signs 119 collaborations to facilitate 3.46 lakh trainees under Samarth scheme

Textile Ministry signs 119 collaborations to facilitate…

New Delhi, Feb 5 (KNN) The Ministry of Textiles has partnered with 13 State Government Agencies, 92 Textile Industry, 10 Industry Associations/…

Insolvency and Bankruptcy Code reforms helped easing financial distress in MSME sector: IBBI Chief

Insolvency and Bankruptcy Code reforms helped easing…

New Delhi, Feb 5 (KNN) The reforms initiated in the Insolvency and Bankruptcy Code substantially helped to mitigate the financial distress faced by…