Digitisation led to maximum financial inclusion in MSMEs: FM
FM Nirmala Sitharaman says MSMEs are backbone of country; urges private sector and industry to commit to making payments to MSMEs in 45 days
msmes
September 2022
June 2022
March 2022
August 2021
July 2021
June 2021
May 2021
April 2021
Over one-fourth MSMEs lost more than 3% market share in FY22: Crisil
Half of the MSMEs suffered a contraction in their EBITDA margins because of a sharp rise in commodity prices last fiscal.
Cabinet approves ₹6,062.45 crore for MSME scheme
The new scheme for micro small and medium enterprises would commence in the financial year 2022-23.
Facebook bets on SMEs with ₹5-50 lakh loans
The social media giant rolled out its first small business loans initiative in India to help MSMEs avail loans between ₹5 lakh and ₹50 lakh.
Let MSMEs drive India’s $5 trillion ambition
Digital MSMEs are the future. But to unleash their true potential, structural policy adjustments are needed. We need policies that promote, not hinder the use of technology for entrepreneurship.
Small firms choke as pandemic tightens grip
For several years, micro, small, and medium enterprises (MSMEs) have been vital to India's economic growth. The government has a lot of work on its shoulders to get them back on track.
Bombay Chamber’s recipe for ease of doing business
A survey conducted by the Bombay Chamber of Commerce and Industry, along with EY, has come up with suggestions to improve the ease of doing business based on feedback from MSMEs and other sectors.
RBI announces steps to fight second wave of Covid-19
The central bank unveils liquidity facility of ₹50,000 crore for access to emergency health services, and ₹10,000 crore for small finance banks’ on-lending, among a slew of measures to fight Covid-19.
Amazon launches $250-mn fund to back startups
In the next four years, Amazon India plans to bring one million offline retailers—mostly small local shops across the country—on its online marketplace.
Cautiously optimistic credit outlook for FY22: CRISIL
Aided by strong demand recovery, credit ratio rebounds to 1.33 in H2FY21, from 0.54 in H1FY21. GDP could grow at 11% in FY22, but the resurgence in Covid-19 cases is a key downside risk, says CRISIL.
