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Leather sector has the potential to create 2 million jobs in the next 5 years: MSDE

Leather sector has the potential to create…

Chennai,  Sep 23 (KNN) Leather Sector is an Export driven sector and has the potential to create 2 million jobs in the next 5 years, said…

Loan sanctions limit under priority sector lending by banks enhanced to Rs 40 crore per borrower

Loan sanctions limit under priority sector lending…

Mumbai, Sept 23 (KNN) To boost credit supply to small exporters, the Reserve Bank of India (RBI) has enhanced the loan sanctions limit under priority sector…

TIHCL cautions bankers about danger of ballooning NPA particularly in MSMEs after March 2020 if adequate measures not taken

TIHCL cautions bankers about danger of ballooning…

Hyderabad, Sept 23 (KNN) In a specially convened meeting with select bankers last week , Jayesh Ranjan, Principal Secretary, Telangana, explained to the…

Decision taken by Fin Min to cut corporate tax was historic, says Yogi

Decision taken by Fin Min to cut…

Lucknow, Sep 23 (KNN) Slashing of corporate tax rate would result in more investment by corporates, higher growth, more jobs, higher productivity and…

Assam Industries Min signs MoU for setting up tool room and training centre at Tinsukia for MSMEs

Assam Industries Min signs MoU for setting…

Guwahati, Sep 23 (KNN) To set up a tool room and training centre at Quality Control building at Borguri in Tinsukia under the special scheme ‘Promotion…

New program 'Stand-up Manipur' to be introduced soon to provide soft loans to SC/ST/OBC entrepreneurs: Minister

New program 'Stand-up Manipur' to be introduced…

Imphal, Sep 23 (KNN) A new program called ‘Stand-up Manipur’ would be introduced to provide soft loans to entrepreneurs belonging to the…

Punjab Industry Min asks newly appointed Chairman to exhort youth to start their own MSMEs

Punjab Industry Min asks newly appointed Chairman…

Chandigarh, Sep 21 (KNN) Punjab Industry and Commerce Minister, Sunder Sham Arora has asked newly appointed chairman to exhort the youth of the state…

Tamil Nadu Industries Min invites investors to fuel funds in state

Tamil Nadu Industries Min invites investors to…

Chennai,  Sep 21 (KNN) Tamil Nadu Industries Minister M.C. Sampath has invited investors to fuel funds into the State.

He made the…

BBIA urges J&K Governor to ensure roll back of electricity duty from 15 per cent to 10 per cent

BBIA urges J&K Governor to ensure roll…

Srinagar, Sep 21 (KNN) Bari Brahmana Industries Associations (BBIA) from Jammu has demanded the roll back of electricity duty from 15 per cent to 10 per…

Former Karnataka Minister urges government to help MSME sector; welcomes cut in corporate tax

Former Karnataka Minister urges government to help…

New Delhi, Sep 21 (KNN) Former Karnataka minister  RV Deshpande has urged Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman…

Reduction of approx 5% in the corp tax will be of great help for the MSME sector: ELCINA

Reduction of approx 5% in the corp…

New Delhi,  Sep 21 (KNN) As Union Finance Minister Nirmala Sitharaman has come up with  slew of fiscal measures to attract fresh…

Commerce Min to visit UAE for meeting of High Level Task Force on Investment

Commerce Min to visit UAE for meeting…

New Delhi,  Sep 21 (KNN) Union Minister of Commerce & Industry, Piyush Goyal will visit UAE from September 21 to 22, 2019 for the meeting…

Several benefits of CLSS schemes highlighted in an awareness programme organized by MSME-DI J&K

Several benefits of CLSS schemes highlighted in…

Srinagar, Sep 20 (KNN) An awareness programme apprising about various benefits of Credit linked Subsidy Schemes (CLSS) like Technology Upgradations, Financial…

Allahabad Bank introduces External Benchmark Linked Loans under Retail and Micro & Small Enterprises

Allahabad Bank introduces External Benchmark Linked Loans…

New Delhi, Sept 20 (KNN) Allahabad Bank, a premier Nationalized Bank, with the approval of the Board of Directors, has launched Retail loans and loans to…

Govt cuts corporate taxes for domestic companies

Govt cuts corporate taxes for domestic companies

New Delhi, Sep 20 (KNN) Finance Minister Nirmala Sitharaman on Friday said the government has slashed the effective corporate tax from 30 per cent to 25.17…

Role of MSMEs in making India a $ 5 trillion economy is equally important, says Nitin Gadkari

Role of MSMEs in making India a…

New Delhi, Sep 20 (KNN) Union Minister for Micro, Small and Medium Enterprise (MSME) has said that the role of MSMEs in making India a USD 5 trillion economy…

Recent amendments in Gujarat Solar Power Policy to help MSMEs cut down power costs: FOKIA

Recent amendments in Gujarat Solar Power Policy…

Gandhinagar,  Sep 20 (KNN) The Gujarat government has recently announced changes in the 'Gujarat Solar Power Policy-2015' to ensure that the…

Govt asks banks not to declare MSME stressed loan as NPA till March 2020

Govt asks banks not to declare MSME…

New Delhi, Sep 20 (KNN) The government has asked banks not to declare any stressed loan account of MSMEs as Non Performing Assets (NPA) till March 2020.

Fin Min reviews performance of banks with focus on supporting credit needs of various sectors including MSMEs

Fin Min reviews performance of banks with…

New Delhi,  Sep 20 (KNN) Discussions on the performance of the banks was carried out by Finance Minister Nirmala Sitharaman with focus on supporting…

Delhi, first in India, to have 95% CNG powered industries

Delhi, first in India, to have 95%…

New Delhi, Sep 20 (KNN) Delhi has become the first region in India to have 95 per cent CNG powered industries, according to a report submitted by Delhi…