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SBI raises penal interest from 2% to 5%, a big…

  SBI raises penal interest from 2% to 5%, a big jolt for MSMEs

New Delhi, July 22 (KNN) The State Bank of India has raised the penal interest from 2% to 5% in case of non-adherence…

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AP govt allocates Rs 200 crore in its Budget for…

  AP govt allocates Rs 200 crore in its Budget for infrastructure development of MSMEs

Amaravati, July 12 (KNN) Andhra Pradesh Finance Minister Buggana Rajendranath Reddy presented the YSRCP government's…

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Indian garments makers flag concerns over rising…

  Indian garments makers flag concerns over rising imports from Bangladesh

New Delhi, July 11 (KNN) A huge jump in duty free garment imports from Bangladesh under the free trade agreement…

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PM Modi’s employment incentive scheme becomes…

  PM Modi’s employment incentive scheme becomes millstone around neck of MSMEs

New Delhi, July 10 (KNN) To bring down high cost of social security and encourage employers to employ new workers,…

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Payment Platform for MSMEs announced in Budget…

  Payment Platform for MSMEs announced in Budget - a path breaking initiative: FISME

New Delhi, July 8 (KNN) One of the major announcements in the Union Budget (2019-20) has been setting up of a…

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Mumbai MSMEs facing tough time doing business…

  Mumbai MSMEs facing tough time doing business due to heavy rains

Mumbai, July 8 (KNN) With the onset of monsoon in Mumbai, conducting day to day economic activities has become…

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Reactions of MSME Associations from across India…

  Reactions of MSME Associations from across India on Budget

New Delhi, July 5 (KNN) There were several announcements made in the Union Budget 2019-20 for the micro, small…

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Announcements for MSME sector: Highlights

  Announcements for MSME sector: Highlights

    ----  50 crore rupees allocated for 2% interest subvention for all GST-registered MSMEs on fresh or incremental…

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RBI Committee on MSMEs: Major Recommendations

  RBI Committee on MSMEs: Major Recommendations

New Delhi, June 25 (KNN) The ‘Expert Committee on Micro, Small and Medium Enterprises’ set up by Reserve…

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RBI Committee report on MSMEs recommends PM led…

  RBI Committee report on MSMEs recommends PM led National Council for MSMEs, rejig of MSMED Act

New Delhi, June 25 (KNN) The Report of the ‘Expert Committee on Micro, Small and Medium Enterprises’…

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Neglected cycle industry to perish in few years:…

  Neglected cycle industry to perish in few years: Ludhiana MSMEs

Ludhiana, June 25 (KNN) The renowned Ludhiana bi-cycle industry which is home to over 1500 factories making bicycles…

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UP Govt's ODOP scheme has not affected Meerut…

  UP Govt's ODOP scheme has not affected Meerut sports goods MSMEs; they cry of lagging behind

Meerut, June 24 (KNN) Meerut which is referred to as one of the biggest iconic sports goods market all over the…

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Massive export goods pileup up after 100% inspection…

  Massive export goods pileup up after 100% inspection order of Revenue department to check evasion of IGST

New Delhi, June 20 (KNN) A large number  of export consignments have piled up pending ‘100% inspection’…

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Chennai MSMEs flooded with Water Crisis

  Chennai MSMEs flooded with Water Crisis

New Delhi, 20 June (KNN) As Chennai is going through water crisis this summer, the Micro, Small and Medium Enterprises…

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Commerce Minister consults Traders and MSME bodies…

  Commerce Minister consults Traders and MSME bodies on e-commerce

New Delhi, June 19 (KNN) Amidst the rising heat on e-commerce policy, Commerce Minister…

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Kannauj MSMEs into Perfume manufacturing criticizes…

  Kannauj MSMEs into Perfume manufacturing criticizes UP Govt over poor implementation of ODOP scheme

Kannauj, June 19 (KNN) Hit by rising costs of raw materials and Good & Services Tax (GST), the industry is…

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Hindon river pollution: Not only industries, every…

  Hindon river pollution: Not only industries, every one of us is a polluter: MSME entrepreneur

Ghaziabad, June 18 (KNN) The deteriorating quality of water of Hindon River in Western Uttar Pradesh has become…

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Through Budget, MSMEs seek redressal of liquidity…

  Through Budget, MSMEs seek redressal of liquidity crunch and contraction in their markets: FISME President

New Delhi, June 13 (KNN) To bring fiscal reforms to check liquidity crisis faced by the Micro Small and Medium…

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FISME takes up key recommendations from MSME sector…

  FISME takes up key recommendations from MSME sector to Finance Minister for Budget (Video)

New Delhi, June 12 (KNN) Plagued with various issues related to availability of timely credit, Non-Performing…

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MSMEs and the Union Budget 2019-20

  MSMEs and the Union Budget 2019-20

By Yerram Raju*

The time is ripe for expectations on a few counts: The first time Woman FM would…

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