Govt to partner up with MSME Dept for BioAsia

A dedicated MSME pavilion has been proposed to be installed in the tradeshow with around 60 companies from the MSME sector covering medical devices, pharmaceuticals and allied industries. 

published on : 9th December 2022

Walmart, Flipkart join hands with NSIC to help MSMEs grow, unlock export potential

Tens of thousands of MSMEs have registered for the Vriddhi programme from metros and Tier II and III cities across India.

published on : 6th December 2022

Incentive scheme to boost 2030 drone hub mission

A group of secretaries, chaired by the cabinet secretary, will ensure that the expenditure is within the outlay.

published on : 4th December 2022

Centre envisions doubling MSME sector's contribution to India's economy

The Micro, Small and Medium Enterprises (MSME) sector contributes one-third to India's gross domestic product (GDP).

published on : 30th November 2022

Kollam leads the way in promoting MSMEs

Kollam currently has 903 new manufacturing units, 3,132 service units, and 4,116 trade units, generating 18,252 jobs.

published on : 26th November 2022

MSME tech centre project in limbo over govt apathy

The letter stated that the Union government had decided to set up 20 new TCs as ‘hubs’ and 100 extension centres (ECs) as ‘spokes’ across the country.

published on : 26th November 2022

TN govt reduces peak hour power tariff for micro, small and medium enterprises

Various industry representatives and associations had requested the state government to reduce the peak hour charges.

published on : 9th November 2022

Tantea will build houses for retired employees, says TN minister Anbarasan

Addressing reporters after chairing a review meeting, Anbarasan said, “There are more than 1,000 retired Tantea staff in The Nilgiris district and they are still living in residential quarters.

published on : 9th November 2022

Indian Railways going on with innovation drive

The Railways has embarked upon innovation journey through a well-thought initiative called ‘Start-ups for Railway’ (SFR).

published on : 6th November 2022

Indian Bank net profit jumps 12 per cent; NII increase 14 per cent

The bank has improved its mobile banking experience with the launch of new applications and also witnessed a 300 per cent increase in online banking services on a yearly basis.

published on : 4th November 2022

DBS shifts focus on retail, MSME loans

Singapore-headquartered multi-national bank DBS plans to diversify its lending portfolio in the country into gold loans, consumer finance and MSME loans, from its strong suit of corporate lending. 

published on : 4th November 2022

Khadi logs Rs 1.15 lakh crore turnover on back of soaring global demand 

The record growth in sales of khadi products has happened despite a partial coronavirus-induced lockdown in the first three months of 2021.

published on : 27th October 2022

Micro, small businesses face fund crunch amid rising interest rates

Proprietors claim banks reluctant to grant loans citing high risk, forcing them to rely on NBFCs

published on : 26th October 2022

Revival of MSMEs vital to enhance TN's economy

In budget speeches and election campaigns we are always told that MSMEs (Micro, Small and Medium Enterprises) are the backbone of the Indian economy.

published on : 22nd October 2022

CM Stalin urges PM Modi to help MSMEs

Chief Minister MK Stalin wrote to Prime Minister Narendra Modi on Wednesday, requesting the announcement of an Emergency Credit Line Guarantee Scheme (ECLGS) for MSMEs.

published on : 20th October 2022

Industrial summit in Visakhapatnam in February 3rd week

CM directs officials to promote MSMEs in a big way in State; govt to clear incentives to industries, MSMEs in Feb

published on : 11th October 2022

Subsidy, SGST exemption for non-MSMEs in draft industrial policy

The offers are exclusive to sunrise or priority sectors identified by the government.

published on : 30th September 2022

New digi commerce network to boost MSMEs in Kerala

It will help them enjoy a level playing field with giants like Amazon, Flipkart

published on : 16th September 2022

Telangana's Kakatiya textile park dream comes true

The weavers came together to form the KWCS and establish powerloom units at the textile park, said officials.

published on : 12th September 2022

PHDCCI asks government to direct PSUs to clear pending bills of MSMEs in 30 days 

MSMEs face financial hardships and liquidity constraints which lead to severe pressure on their working capital management, and many of them turn into NPAs.

published on : 29th August 2022
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