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Siren bells for apparel exporters; major brands from Europe begin cancellations

Siren bells for apparel exporters; major brands…

New Delhi, Mar 18 (KNN) The news of cancellation of orders by European buyers has spread panic among apparel exporter community in India.

EU consumes…

MSME Ministry constitutes Committee on International Cooperation

MSME Ministry constitutes Committee on International Cooperation

New Delhi, March 18 (KNN) Amidst declining exports due to worldwide fears of Corona pandemic, Government seems to be determined to give a push to exports…

Cycle of Good Credit

Cycle of Good Credit

New Delhi, Mar 09 (KNN) Micro, Small and Medium Enterprise (MSME) sector has emerged as a very important sector of the Indian…

MSMEs cry foul as SEBI’s directive leading to exploitation by Credit Rating Agencies

MSMEs cry foul as SEBI’s directive leading…

New Delhi, Feb 28 (KNN) The Federation of Indian Micro and Small and Medium Enterprises (FISME) has applauded the statement of Finance Minister Nirmala…

Ways to Grow Your Business

Ways to Grow Your Business

New Delhi, Feb 17 (KNN) Growing a business is not easy, but, it is what every business owner aspires. The success of one’s…

Accelerating the growth engines of the economy

Accelerating the growth engines of the economy

New Delhi, Feb 10 (KNN) The micro, small and medium enterprises (MSME) sector in India is often referred to as the ‘engine of growth’. This…

FISME lauds extension of restructuring, CRR ease for MSMEs

FISME lauds extension of restructuring, CRR ease…

New Delhi, Feb 7 (KNN) Following through the Budget announcement,the Reserve Bank of India (RBI) has extended the One-time Restructuring Scheme for Micro,…

FISME holds consultations with industry associations on amendments in MSMED Act

FISME holds consultations with industry associations on…

New Delhi, Feb 5 (KNN) To review and propose changes in the MSME Development Act 2006, Federation of Indian Micro and Small and…

MSMEs give thumps up to ‘growth inducing budget’

MSMEs give thumps up to ‘growth inducing…

New Delhi, Feb 1 (KNN) The Union Budget (2020-21) has brought cheers in MSME world.

“It attempts to address three pain points of MSMEs: financing…

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…

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…

DPE to monitor onboarding of CPSEs on TReDS portal; CPSEs to ensure onboarding of MSE vendors as well

DPE to monitor onboarding of CPSEs on…

New Delhi, Jan 29 (KNN) The Department of Public Enterprises (DPE), Ministry of Heavy Industries and Public Enterprises has been mandated to monitor the…

How Medical Equipment Loan helps in purchase

How Medical Equipment Loan helps in purchase

New Delhi, Jan 29 (KNN) After becoming a doctor, many have a dream of opening their own hospital or a clinic but the equipment costs too much and you have…

CGTMSE extends guarantee cover on top-up loans, second time loans to MSEs

CGTMSE extends guarantee cover on top-up loans,…

New Delhi, Jan 27 (KNN) To combat slowdown which has tightly gripped the economy including the micro, small and medium enterprises (MSMEs) of the country,…

Govt issues instructions to block Input Tax Credit (ITC) on GSTN portal for cases where investigations are on

Govt issues instructions to block Input Tax…

New Delhi, Jan 23 (KNN) The Central government has issued internal instructions to block Input Tax Credit (ITC) on GSTN portal in all cases where there…

Ministry of MSME constitutes Working Group to suggest changes in MSMED Act

Ministry of MSME constitutes Working Group to…

New Delhi, Jan 11 (KNN) After fourteen years, the Micro Small and Medium Enterprises Development Act 2006 may undergo a major revamp.

According to…

To salvage sagging economy PM Modi meets MSME representatives

To salvage sagging economy PM Modi meets…

New Delhi, Dec 28 ( KNN) With continued sluggishness in Indian economy, Prime Minister Narendra Modi seems to have taken the…

FISME asks Finance Minister to leverage Public Procurement to Spur Industrialization & Exports

FISME asks Finance Minister to leverage Public…

New Delhi, Dec 17 (KNN) During the Pre-Budget Consultations of Finance Minister with stakeholder Groups from Industry, Trade and Services Sectors held on…

Ludhiana SMEs Going East with DBS Bank

Ludhiana SMEs Going East with DBS Bank

Ludhiana, Dec 10 (KNN) Small and Medium Enterprises are the backbone of the Indian economy. This sector, comprising of manufacturing, infrastructure, service…

Myths about business loans

Myths about business loans

New Delhi, Dec 9 (KNN) The Micro, Small and Medium Enterprise (MSME) sector has emerged as a very important sector of the Indian economy, contributing 29%…