Small and Medium Enterprises

Stop supply of bauxite without value addition: MSMEs to Odisha government

The MSMEs demanded the government to fix ‘creation of value addition facility’ in the State as a prerequisite condition for the lessees participating in the auctions for bauxite mining.

published on : 8th September 2021

State seeks grant for energy efficiency initiatives in MSMEs

It is identified that the MSME sector holds immense potential in fostering energy efficiency and up-gradation of the technologies. 

published on : 6th September 2021

State gives Rs 1,124 crore push for MSMEs, mills

The State government will release Rs 1,124 crore as incentives to support Micro, Small and Medium Enterprises (MSMEs), textile and spinning mills, on Friday.

published on : 3rd September 2021

Insolvency and Bankruptcy Bill enables efficient resolution framework: FM Nirmala Sitharaman

The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 provides for a pre-packaged insolvency resolution mechanism for micro, small and medium enterprises.

published on : 4th August 2021

Government's stimulus package for economic revival 'inadequate': Parliamentary panel

The panel report also stated that the Emergency Credit Linked Guarantee Scheme has recorded a high success rate, yet, only around 50 per cent of the total guarantee amount has been issued to MSMEs.

published on : 28th July 2021

Narayan Rane takes charge as new MSME Minister

Before Rane, Nitin Gadkari was holding the post of Union Minister of Micro, Small and Medium Enterprises. Currently, Gadkari is the Union Minister of Road Transport and Highways.

published on : 8th July 2021

Union Minister Nitin Gadkari says GST was 'very essential', sees 'room for improvement'

Nitin Gadkari, who holds MSME portfolio along with road transport, said GST will help achieve the goal of USD 5 trillion economy by 2025, despite it troubling the MSME sector.

published on : 1st July 2021

RBI’s Mundra urges banks to improve MSME lending

According to Mundra, banks were focusing retail loans in order to reduce exposure to large corporates, but there’s a limit to which it can be of help.​

published on : 12th July 2017