New Delhi: Former Finance Minister P. Chidambaram has said he is “puzzled” by Chief Economic Adviser K.V. Subramanian celebrating the current account surplus. India may witness a current account surplus due …
Puzzled by CEA celebrating current account surplus: Chidambaram Read More
New Delhi: Seventy-eight per cent MSMEs and startups in India have reduced workforce in the last 8 months since the Covid-19 pandemic broke out. As per a survey by LocalCircles, …
Covid 19 caused 78% MSMEs & startups in India to reduce workforce in the last 8 months: Survey Read More
Bengaluru: As India gears up for unlock 2,0, ecommerce platform Flipkart on Saturday said it has enabled more than 90 per cent of its sellers to resume operations on the …
90% Flipkart sellers back on platform, 125% rise in new MSMEs Read More
New Delhi, Minister of MSME, Shri Nitin Gadkari today launched the Credit Guarantee Scheme for Sub-ordinate Debt (CGSSD) which is also called “Distressed Assets Fund–Sub-ordinate Debt for MSMEs”. As per …
MSME launches another funding scheme to help the distressed sector Read More
New Delhi: Finance Minister Nirmala Sitharman on Tuesday held a review meeting with the Managing Directors of public sector banks (PSB) and asked them to continue reaching out and lending …
Keep lending to MSMEs, but support other businesses too: FM to PSBs Read More
Lucknow: Uttar Pradesh Chief Minister Yogi Adityanath wants the wheel of MSMEs to roll fast. The sector provides maximum employment to the people. Now, the UP government has said it …
Yogi govt to provide capital to 3.5 lakh MSMEs by August Read More
Bhubaneswar: Union Petroleum Minister Dharmendra Pradhan said on Saturday Odisha was ready for the next level of industrial development in the post Covid-19 scenario. Holding a review meeting of state and …
Odisha set for next level of industrial growth: Pradhan Read More
New Delhi: In order to meet the temporary liquidity mismatch arising out of COVID-19 outbreak, Canara Bank has announced ‘CANARA CREDIT SUPPORT’ for all of their borrowers who have been …
Canara Bank releases emergency credit facilities for MSMEs Read More
New Delhi: After Finance Minister Nirmala Sitharaman announced a slew of measures for MSME sector, Discoms, contractors and EPF, the Congress said the focus of the economic package is “debt creation” …
Focus of package is debt creation, not demand creation: Cong Read More
New Delhi: In a major move to benefit several businesses in the country, the Centre has decided to review the definition of micro, small and medium enterprises (MSME) and announced increase …
Centre widens definition of MSMEs, raises investment limits Read More