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Factoring Regulation (Amendment) Bill to open a window of opportunity for credit starved MSMEs: Co-founder, Cashinvoice

Factoring Regulation (Amendment) Bill to open a…

New Delhi, Jul 31 (KNN) Welcoming the Factoring Regulation (Amendment) Act 2021, recently passed in parliament, Arun Poojari, Co-founder, Cashinvoice…

Number of MSMEs doubled in Kerala in last five years: Industries secy

Number of MSMEs doubled in Kerala in…

Kochi, Jul 31 (KNN) The number of Micro, Small and Medium Enterprises (MSMEs) in the state has more than doubled in the last five years, said APM Mohammad…

Govt clears MSME dues worth Rs 55,863.3 cr

Govt clears MSME dues worth Rs 55,863.3…

New Delhi, Jul 30 (KNN) Union Minister of Micro, Small and Medium Enterprises (MSME) Narayan Rane has informed the parliament that dues of Rs 55,863.3 crore…

Rajya Sabha clears Factoring Regulation (Amendment) Bill to boost MSME cash flow

Rajya Sabha clears Factoring Regulation (Amendment) Bill…

New Delhi, Jul 30 (KNN) Parliament has passed the Factoring Regulation (Amendment) Bill, 2021, to provide relief to the MSME sector and help them in ensuring…

22.7 lakh loans amounting to Rs 2,243 cr have been disbursed to street vendors under SVANIDHI scheme: Govt

22.7 lakh loans amounting to Rs 2,243…

New Delhi, Jul 30 (KNN) Minister of State in the Ministry of Housing and Urban Affairs, Kaushal Kishore has informed the parliament that 22.7 lakh loans…

CICU emphasises Punjab MSMEs to adopt digitisation

CICU emphasises Punjab MSMEs to adopt digitisation

Ludhiana, Jul 30 (KNN) In a bid to make Micro, Small and Medium Enterprises (MSME) adopt digitalisation, the Chamber of Industrial & Commercial Undertaking…

Karnataka Poultry industry hit by feed shortage, urges Govt to import

Karnataka Poultry industry hit by feed shortage,…

Bengaluru, Jul 29 (KNN) The Karnataka Poultry Farmers & Breeders Association (KPFBA) has urged the Government of India to immediately step in and allow…

Over 52k entities recognised as startups by DPIIT: Som Prakash

Over 52k entities recognised as startups by…

New Delhi, Jul 29 (KNN) As many as 52,391 entities were recognised as startups by the Department for Promotion of Industry and Internal Trade (DPIIT) as…

Centre launches secured logistics document exchange platform to improve ease of doing business

Centre launches secured logistics document exchange platform…

New Delhi, Jul 29 (KNN) Aiming to further improve ease of doing business, the government launched the "Secured Logistics Document Exchange" along…

TN govt constitutes committee for reviving MSMEs

TN govt constitutes committee for reviving MSMEs

Chennai, Jul 29 (KNN) The Tamil Nadu government has constituted a committee for revival of Micro, Small and Medium Enterprises (MSMEs) which would be led…

Capital markets to play bigger role in funding economic growth, says SEBI Chairman

Capital markets to play bigger role in…

New Delhi, Jul 29 (KNN) Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi said that a large part of the non-banking financial intermediation…

GeM Sahay app launched to facilitate MSME sellers get instant loans

GeM Sahay app launched to facilitate MSME…

New Delhi, Jul 29 (KNN) In a bid to address the credit access challenges faced by MSMEs, the Government e Marketplace (GeM) has launched a mobile application…

MSME credit demand surges as markets open post unlock in Jun’21: SIDBI - TransUnion CIBIL report

MSME credit demand surges as markets open…

Mumbai, Jul 28 (KNN) Findings from the latest edition of the SIDBI - TransUnion CIBIL MSME Pulse Report indicate that in FY 2021, loans worth Rs 9.5 lakh…

Over two lakhs jobs impacted due to mall closures in Maharashtra: RAI

Over two lakhs jobs impacted due to…

Mumbai, Jul 28 (KNN) The Retailers Association of India (RAI) on Wednesday said the prolonged closures of malls in Maharashtra due to COVID-19 have…

Parliamentary panel recommends govt to unveil larger economic package for MSMEs

Parliamentary panel recommends govt to unveil larger…

New Delhi, Jul 28 (KNN) A parliamentary panel studying the impact of COVID-19 on Micro, Small and Medium Enterprises (MSMEs) has recommended the government…

Reduction in women unemployment reported from 2018-19 to 2019-20

Reduction in women unemployment reported from 2018-19…

New Delhi, Jul 28 (KNN) Unemployment rate for women fell to 4.2 per cent in 2019-20 from 5.1 per cent in 2018-19, said Minister of State for Labour and…

Rs 65.53 cr provided under Raw Material Assistance Scheme to SC/ST entrepreneurs in FY 2020-21: MSME minister

Rs 65.53 cr provided under Raw Material…

New Delhi, Jul 27 (KNN) National Small Industries Corporation (NSIC) under its Raw Material Assistance Scheme has provided credit assistance worth Rs 65.53…

Bharat Petroleum ties up with Humsafar India for doorstep diesel delivery; small industries to benefit

Bharat Petroleum ties up with Humsafar India…

New Delhi, Jul 27 (KNN) Bharat Petroleum Corporation Limited (BPCL) has tied up with Humsafar India – a Delhi-headquartered start-up – for doorstep…

28th regional workshop of Krishi Vigyan Kendras inaugurated in MP

28th regional workshop of Krishi Vigyan Kendras…

New Delhi, Jul 27 (KNN) Union Minister for Agriculture and Farmers Welfare Narendra Singh Tomar has virtually inaugurated the 28th Regional Workshop of…

Factoring Regulation (Amendment) Bill is a welcome move by govt: CEO, RXIL

Factoring Regulation (Amendment) Bill is a welcome…

New Delhi, Jul 27 (KNN) The Factoring Regulation (Amendment) Bill is a welcome move by the government which will now enable NBFCs other than the seven…