Empowering MSMEs with News & Insights

Top News

FISME’s Anil Bhardwaj nominated to Governing Board of EDII Ahmedabad

FISME’s Anil Bhardwaj nominated to Governing Board…

New Delhi, Mar 5 (KNN) The Secretary General of Federation of Indian Micro…

Unilateral increase in claim period for Bank Guarantees to double cost for MSMEs

Unilateral increase in claim period for Bank…

New Delhi, Mar 4 (KNN) While issuing a fresh Bank Guarantee (BG) or extending any existing one, Banks have increased ‘claim period’ of minimum one year from the…

Business sentiments low in J&K; MSMEs, Traders say they are worst hit due to tension, curfew

Business sentiments low in J&K; MSMEs, Traders…

New Delhi, Feb 26 (KNN) Business sentiments amongst MSME entrepreneurs in Jammu and Kashmir (J&K) seems to be low due to the environment of stress post…

RBI instructs banks to implement ‘Interest Subvention Scheme for Incremental Credit to MSMEs 2018’ immediately

RBI instructs banks to implement ‘Interest Subvention…

New Delhi, Feb 22 (KNN) The Reserve Bank of India (RBI) has instructed all the banks to implement ‘Interest Subvention Scheme for Incremental credit…

MCA gives teeth to Delayed Payment Act; makes mandatory for cos to file half yearly returns & cite reason for delays

MCA gives teeth to Delayed Payment Act;…

New Delhi, Feb 19 (KNN) The Ministry of Corporate Affairs (MCA) decided to pull up the big companies which fail to make payments to their micro, small and…

India withdraws ‘Most Favoured Nation’ status from Pakistan; bilateral trade set to plummet

India withdraws ‘Most Favoured Nation’ status from…

New Delhi, Feb 15 (KNN) Following the terrorist attack on CRPF convoy in Jammu and Kashmir's Pulwama district which killed over 42 CRPF personnel, India…

Kanohar Electricals commences Uttarakhand's first 220/ 33Kv Gas Insulated Substation in Dehradun

Kanohar Electricals commences Uttarakhand's first 220/ 33Kv…

Dehradun, Feb 14 (KNN) Uttarakhand Chief Minister Trivendra Singh Rawat on Sunday inaugurated the state’s first technologically advanced 220/33 kV…

Procurement percentage from SC/ST MSEs increased by approximately 12-15%: Giriraj Singh

Procurement percentage from SC/ST MSEs increased by…

New Delhi, Feb 12 (KNN) As a result of various initiatives of the government, the procurement percentage from SC/ST Micro Small Enterprises (MSEs) has increased…

Financial inclusion and employment are the discussion point of the time: Giriraj Singh

Financial inclusion and employment are the discussion…

New Delhi, Feb 12 (KNN) The Minister of State (I/C) for Micro, Small and Medium Enterprises (MoMSME) Giriraj Singh inaugurated the Regional Conference on…

Mamata Banerjee gives land to UP's closed tannery units due to Kumbh

Mamata Banerjee gives land to UP's closed…

New Delhi, Feb 9 (KNN) West Bengal government has allotted lands to the tannery units from Uttar Pradesh (UP), which were closed down due to Kumbh Mela,…

New definition of MSME will be implemented by the new elected government: Giriraj

New definition of MSME will be implemented…

New Delhi, Feb 7 (KNN) The Parliamentary Standing Committee on Commerce & Industry has recommended some improvements in definition of Micro, Small and…

Enable MSEs breath fresh air

Enable MSEs breath fresh air

B. Yerram Raju*

Hyderabad, Feb 6 (KNN) Banks want to revive. Large industry wants to revive. Firms like Jet Airways, Zee, Essar…

25% procurement criteria announced by PM Modi on Nov 2 was implemented from Nov 9 itself

25% procurement criteria announced by PM Modi…

New Delhi, Feb 5 (KNN) The 25 per cent procurement criteria under the Public Procurement Policy has already been implemented from November 9, 2018.

25% procurement barrier for MSMEs crossed, target is to reach 50%: Giriraj

25% procurement barrier for MSMEs crossed, target…

New Delhi, Feb 5 (KNN) We have crossed the barrier of 25% procurement for Micro, Small and Medium Enterprises (MSMEs), and will further reach 50%, said…

20 large and 100 small TCs to be setup with Rs 6000 crore allocated in the interim budget: Giriraj

20 large and 100 small TCs to…

New Delhi, Feb 2 (KNN) About 20 large and 100 small Technology Centres are going to be set up with a support of Rs.6000 crore allocated in this interim…

Budget 2019: Reactions from MSME associations from across sectors and different states

Budget 2019: Reactions from MSME associations from…

New Delhi, Feb 1 (KNN) As the Modi Government presented its last Budget before the General Elections due in May, KNN India spoke to industry associations…

Income Tax bonanza will revive demand but MSMEs got a dried fig in Union Budget: FISME

Income Tax bonanza will revive demand but…

New Delhi, Feb 1 (KNN) Income Tax bonanza will revive demand but MSMEs got a dried fig in Union Budget, said the Federation of Indian Micro and Small &…

Finance Minister announces 2% interest subvention for MSMEs for loans up to Rs 1 cr

Finance Minister announces 2% interest subvention for…

New Delhi, Feb 1 (KNN) Presenting the interim budget for 2019, which is considered to be crucial because of the elections in May this year, Union Finance…

Industries using ground water without NOC after March 31 will be slapped with fine of Rs 5000 per day

Industries using ground water without NOC after…

New Delhi, Jan 30 (KNN) The industries which have not taken No Objection Certificates (NOC) for harnessing groundwater using motor pump/submersible will…

MSME Ministry issues norms for implementing Interest Subvention Scheme; interest relief to be calculated at 2% points per annum

MSME Ministry issues norms for implementing Interest…

New Delhi, Jan 28 (KNN) Issuing operational guidelines for implementing interest subvention scheme for MSMEs, Ministry of MSME said that the interest…

SUBSCRIBE TO OUR MAILING LIST

Get the latest updates from KNN

Your e-mail will be secure with us. We will not share your information with anyone !