1 out of 5 MSMEs to see stretch in working capital requirements in FY24: CRISIL
The debt requirement for the MSME sector is estimated at over ₹100 lakh crore, of which around 70% is for working capital requirement, says the report.
The debt requirement for the MSME sector is estimated at over ₹100 lakh crore, of which around 70% is for working capital requirement, says the report.
India now not only fastest-growing major economy but also growing at a time when world economy is in trouble, says ministry on 9 yrs on Modi govt
"I think the Amrit Kaal ka Budget as the prime minister calls it created a foundation for opportunities in diverse sectors," says Irani.
Despite the Budget’s booster dose, equity market is likely to remain the go-to option for small and medium units.
Govt informs Lok Sabha a SIDBI survey on Covid impact on MSMEs showed 67% of the surveyed enterprises were "temporarily closed up to 3 months"
Leading experts discuss what finance minister Nirmala Sitharaman can do to give a booster shot to the Indian economy.
Crude prices have risen significantly this fiscal, averaging $104 per barrel between April and October compared with $61 per barrel pre-pandemic.
FM Nirmala Sitharaman says MSMEs are backbone of country; urges private sector and industry to commit to making payments to MSMEs in 45 days
Half of the MSMEs suffered a contraction in their EBITDA margins because of a sharp rise in commodity prices last fiscal.
The new scheme for micro small and medium enterprises would commence in the financial year 2022-23.