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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…

Govt proposes publication of individual's export-import data as punishable offence with 6-months of jail time

Govt proposes publication of individual's export-import data…

New Delhi, Feb 5 (KNN) The government is likely to pass the law which would make publication of quantity and value of individual export and import…

11 trade associations form task force on e-commerce policy; first meet on Feb 9

11 trade associations form task force on…

New Delhi, Feb 5 (KNN) In efforts to ensure that a free, fair and transparent e-commerce policy is formulated by the Government, as many as 11 trade…

TN City Union Bank restructures 9 MSME borrowers accounts worth Rs 13.70 cr

TN City Union Bank restructures 9 MSME…

New Delhi, Feb 5 (KNN) The City Union Bank (CUB) headquartered in Tamil Nadu has restructured 9 MSME borrowers account of Rs 13.70 crore.

The…

MSMEs still need support for 2 years, concessional tax rate of 15% extended till March 2024: Revenue Secretary

MSMEs still need support for 2 years,…

New Delhi, Feb 5 (KNN) The government wants new domestic companies to set up their manufacturing units in India fast and hence the concessional tax rate…

Boost given to MSME credit guarantee scheme in budget will generate employment: FDR

Boost given to MSME credit guarantee scheme…

New Delhi, Feb 5 (KNN) The increase in coverage of the ECLGS for MSMEs will help in generating employment making this budget a growth oriented…

Karnataka MSMEs burdened with double taxation; Industry Minister assures resolution

Karnataka MSMEs burdened with double taxation; Industry…

Bengaluru, Feb 5 (KNN) The local micro, small and medium enterprises (MSMEs) having units in Nanjangud, Mysuru district of Karnataka are facing the brunt…

Government should take steps to resolve MSME related issues and unemployment, says DMK MP Annadurai

Government should take steps to resolve MSME…

New Delhi, Feb 4 (KNN) This is the third year of the pandemic caused by Coronavirus. At a time when India is celebrating the Amrit Mahotsav on the occasion…

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