Empowering MSMEs with News & Insights

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RBI asked to consider extending restructuring scheme for MSMEs till Mar 31, 2021: FM

RBI asked to consider extending restructuring scheme…

New Delhi, Feb 1 (KNN) To support the micro, small and medium enterprises (MSMEs) in their businesses, the government has asked the Reserve Bank of India…

What Industry feels about Union Budget 2020-21

What Industry feels about Union Budget 2020-21

New Delhi, Feb 1 (KNN) As Union Finance Minister Nirmala Sitharaman gave her second budget speech in the Parliament today, KNN India spoke to MSME entrepreneurs…

Key Takeaways for MSME Sector

Key Takeaways for MSME Sector

Some key Takeaways for MSME Sector are:

     ---  To reduce compliance burden on Traders from MSME sector, turnover threshold increased to…

National Logistics Policy to be released soon, to make MSMEs more competitive: Sitharaman

National Logistics Policy to be released soon,…

New Delhi, Feb 1 (KNN) The National Logistics Policy will soon be released, Union Finance Minister Nirmala Siatharaman said in her Budget speech adding…

Investment clearance cell to be set up to offer end-to-end facilitation services: Sitharaman

Investment clearance cell to be set up…

New Delhi, Feb 1 (KNN) Finance Minister Nirmala Sitharaman, in her Budget Speech in the Parliament, has proposed to set up an investment clearance cell…

FDI increases to 284 billion dollar during 2014-19

FDI increases to 284 billion dollar during…

New Delhi, Feb 1 (KNN) The Finance Minister on Saturday asserted that Foreign Direct Investment (FDI) into the country has increased to 284 billion dollar…

Simplified return format for GST from April 2020: FM

Simplified return format for GST from April…

New Delhi, Feb 1 (KNN) From April this year, a simplified return format for GST will be introduced, Finance Minister Nirmala Sitharaman said in her Budget…

Indian railway to set up 'Kisan Rail' to move perishable goods: Finance Minister

Indian railway to set up 'Kisan Rail'…

New Delhi, Feb 1 (KNN) Indian Railways will set up 'Kisan Rail' to move perishable goods, said Finance Minster Nirmala Sitharaman.

''To…

India is now 5th largest economy in world: Sitharaman

India is now 5th largest economy in…

New Delhi, Feb 1 (KNN) Union Finance Minister Nirmala Sitharaman on Saturday said that India is now 5th largest economy in the world.

''India…

Nirmala Sitharaman presents her second budget, says Indians should be gainfully employed

Nirmala Sitharaman presents her second budget, says…

New Delhi, Feb 1 (KNN) Union Finance Minister Nirmala Sitharaman has started the budget speech of the second term of the Narendra Modi government with paying…

Sitharaman carries red cloth bahi khata from Fin Min to Parliament

Sitharaman carries red cloth bahi khata from…

New Delhi, Feb 1 (KNN) Union Finance Minister Nirmala Sitharaman carried a red cloth bahi khata from North Block to Parliament to present the budget.

Budget expectations from India Inc

Budget expectations from India Inc

New Delhi, Jan 31 (KNN) As the countdown has begun for the Union Budget 2020-21, the atmosphere among Indian industries and general public is full of anxiety.

Economic survey indicates support policies for SMEs, says CAIT

Economic survey indicates support policies for SMEs,…

New Delhi, Jan 31 (KNN) Reacting on the economic survey, the Confederation of All India Traders (CAIT) on Friday said that economic survey indicates support…

Mumbai dabbawalas ask govt not to hike railway luggage pass fares

Mumbai dabbawalas ask govt not to hike…

Mumbai, Jan 31 (KNN) A day ahead of upcoming budget 2020-21, the Mumbai Dabbawala Association on Friday asked the centre to ensure that there is no increase…

President Ram Nath Kovind urges people to give priority to local products to help SMEs

President Ram Nath Kovind urges people to…

New Delhi, Jan 31 (KNN) President Ram Nath Kovind on Friday urged people to give priority to locally manufactured products for a "better tomorrow"…

By using TReDS MSMEs get access to their receivables within 2-3 days from the date of acceptance, says Abhay S Rathore, VP M1Xchange

By using TReDS MSMEs get access to…

New Delhi, Jan 31 (KNN) To enable the Micro and Small Enterprises (MSEs) from availing maximum benefit from the Trade Receivable…

Banks on Strike for two days; demand 20% pay hike and 5-day work week

Banks on Strike for two days; demand…

New Delhi, Jan 31 (KNN) All banks including SBI and Bank of Baroda have decided to go on a two days strike. With Sunday in between, the bank will be closed…

Economic Survey highlights key reforms initiated for faster growth of MSME Sector

Economic Survey highlights key reforms initiated for…

New Delhi, Jan 31 (KNN) The Economic Survey 2019-20 tabled by Union Finance Minister Nirmala Sitharaman today, states that the Government is committed to…

Credit growth to industry, both MSME as well as large industries, witnessed a significant decline in recent months: Economic Survey

Credit growth to industry, both MSME as…

New Delhi, Jan 31 (KNN) The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Economic Survey 2019-20 in the Parliament…

Govt reduces cash loan acceptance & repayment limit to Rs 10, 000 in aggregate; limit of expenses in aggregate also reduced

Govt reduces cash loan acceptance & repayment…

New Delhi, Jan 31 (KNN) The Revenue Department has reduced the cash loan acceptance and repayment limit from Rs 20, 000 to Rs 10, 000 in aggregate.