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.
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India’s GDP reached $3.75 tn from $2 tn in 2014: FinMin
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
Hope young businesses will tap SME entrepreneurship: Smriti Irani
"I think the Amrit Kaal ka Budget as the prime minister calls it created a foundation for opportunities in diverse sectors," says Irani.
MSMEs Seek Succour in Public Markets
Despite the Budget’s booster dose, equity market is likely to remain the go-to option for small and medium units.
6,200 enterprises shut biz in FY22, says govt
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"
Budget 2023: Ideas For Budget 2023
Leading experts discuss what finance minister Nirmala Sitharaman can do to give a booster shot to the Indian economy.
43% MSMEs won't reach pre-Covid margins this fiscal: Crisil
Crude prices have risen significantly this fiscal, averaging $104 per barrel between April and October compared with $61 per barrel pre-pandemic.
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
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.
