Empowering MSMEs with News & Insights

Latest News

Labour reforms would bring in fresh air to apparel industry: Industry Associations

Labour reforms would bring in fresh air…

New Delhi, June 23 (KNN) The government on Wednesday announced a special package with an estimated annual outgo of Rs 6,000 crore for the garment industry,…

Sops for textile and apparel sector not a ‘major relief’ for garment MSMEs: Entrepreneur

Sops for textile and apparel sector not…

New Delhi, June 23 (KNN) The government announced a package of incentives that provides for more flexible labour laws and financial support through government…

TN MSMEs hit by floods last year are yet to receive their insurance claims

TN MSMEs hit by floods last year…

New Delhi, June 23 (KNN) Even after months of being badly affected by the devastating floods, the MSME units are yet to receive their due claims from the…

APFSC cuts interest rates to increase lending to MSME sector and others

APFSC cuts interest rates to increase lending…

Visakhapatnam, June 23 (KNN) In order to increase lending to the MSME sector and others, the Andhra Pradesh State Financial Corporation (APSFC) has cut…

3rd National Standards Conclave kick-starts today; to have a session on Challenges for MSME sector

3rd National Standards Conclave kick-starts today; to…

New Delhi, June 23 (KNN) The two-day 3rd National Standards Conclave to bring awareness on the growing importance of “Standards”…

Jammu MSMEs submit memorandum to Nirmala Sitharaman

Jammu MSMEs submit memorandum to Nirmala Sitharaman

Jammu, June 23 (KNN) Jammu MSMEs have requested the Centre to extend incentives to them under DIPP packages and other Central packages of incentives for…

Govt assures sufficient sugar available to meet domestic demand

Govt assures sufficient sugar available to meet…

New Delhi, June 22 (KNN) In order to curb sugar price hike, Centre today said that there is more than enough sugar in the country to meet the domestic requirement.…

Amethi MSMEs hail  immediate intervention by UP CM for resolving issues with banks

Amethi MSMEs hail immediate intervention by UP…

Amethi, June 22 (KNN) Congress VP Rahul Gandhi’s turf Amethi, since a very long time  has been facing  a  dire need of working capital…

Cabinet approves sops and incentives to boost manufacturing and exports in textile sector

Cabinet approves sops and incentives to boost…

New Delhi, June 22 (KNN) The Union Cabinet chaired by Prime Minister Narendra Modi has approved incentives to boost job creation, manufacturing and exports…

Cabinet approves establishment of Fund of Funds under SIDBI to support Start-ups

Cabinet approves establishment of Fund of Funds…

New Delhi, June 22 (KNN) The Union Cabinet, chaired by the Prime Minister Narendra Modi, has approved the establishment of "Fund of Funds for Startups"…

To benefit from FDI in Defence, SMEs will have to invest into R&D: Expert

To benefit from FDI in Defence, SMEs…

New Delhi, June 22 (KNN) The private industries in the country have to invest into Research & Development in defence sector if they want to absorb the…

Electronic transactions hit margins, claim traders

Electronic transactions hit margins, claim traders

New Delhi, June 22 (KNN) The Government has a vision to become a transparent and cashless economy, but the move is impacting the traders in the country…

MSMEs urge govt to set up skill development centre in Thoothukudi

MSMEs urge govt to set up skill…

Thoothukudi, June 22 (KNN) Despite having key resources including power, manpower, water and land required for the industrial growth at micro level,…

Lucknow MSMEs don’t feel threat from Chinese Chikan

Lucknow MSMEs don’t feel threat from Chinese…

Lucknow, June 22 (KNN) Made in China although has infringed upon the territories of micro and small entrepreneurs of India by making even the most Indian…

"Sack Arvind Subramanian" – Swamy's new demand

New Delhi, June 22 (KNN) And Subramanian Swamy has finally found his new target after Dr Raghuram Rajan. The Rajya Sabha MP’s has now trained his…

There are many who believe we have killed private investment by keeping rates too high: Raghuram Rajan

There are many who believe we have…

Mumbai, June 22 (KNN) Talking about the Fiscal Dominance, Dr Raghuram Rajan, the RBI Governor, said  one reason the RBI was historically reluctant…

MSMEs and Football: The Bengal Connection

MSMEs and Football: The Bengal Connection

Kolkata, June 22 (KNN) The West Bengal Government’s super-kick for speedy recovery of the MSME units making footballs has rightly hit the goal.

IT Dept issues clarification regarding news report of arrest of tax defaulters

IT Dept issues clarification regarding news report…

New Delhi, June 22 (KNN) Income Tax Department has clarified that it has not made any statement regarding arrest of willful defaulters of tax.

However,…

MSMEs look forward to compulsory procurement of defence purchases by foreign partners

MSMEs look forward to compulsory procurement of…

New Delhi, 21 June (KNN) The recent announcement  of 100 percent FDI in defence via government approval route, post a high level meeting chaired by…

Surge in cotton price forces textile mills to import

Surge in cotton price forces textile mills…

Coimbatore, June 21 (KNN) The textile mills in the southern region of the country have started importing cotton owing to high prices of cotton in the domestic…