MSME DAY 2019
MSME Day 2024: Participation of women in MSMEs increases but challenges remain
MSME Day 2024: While the role of women has increased significantly in India’s MSME set-up, certain challenges remain which need to be soon addressed. Notably, the women-led MSMEs play a critical role in this set up. They contribute significantly to employment and investment.
Narendra Modi govt 'anti-MSME', thousands of small business shut down in 10 years: Congress
Congress alleges Modi govt is 'anti-MSME', leading to small businesses shutting down. Ramesh criticizes policies favoring big corporates, demonetisation, GST issues, Chinese goods dumping, and MSME board control. MSME sector suffers under Modi's governance.
Spooked by anger of MSME owners, BJP attempted match-fixing in Surat LS seat: Congress
Congress alleges BJP 'match-fixing' in Surat Lok Sabha, raising concerns for democracy. BJP's Mukesh Dalal elected unopposed after rejection of Congress candidate's nomination. MSME owners and business community anger highlighted.
How do you make 6.3 crore MSMEs globally competitive? A scheme takes a shot
The Zero Defect Zero Effect Scheme has helped small manufacturers get wider recognition in domestic and international markets. But the scheme needs more publicity and involvement of domain experts to realise the ‘Make in India’ goal — especially as a similar scheme for services is on cards.
FM says no income tax for people earning up to Rs 7.27 lakh per annum under new tax regime
Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people, including income tax exemption for those earnings up to Rs 7.27 lakh per annum. Asserting that no section of the society has been left out by the government, she mentioned about skepticism in certain quarters when it was decided to provide income tax exemption for those earnings up to Rs 7 lakh in the Union Budget for 2023-24.
A Latvian lesson: How India can ensure MSMEs get loans more easily
The small Baltic nation and others in the “Rapid Reformers” group have been able to improve their loan rejection rates to small businesses. What stops a country like India from following their model?
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Saddled with debt? Indian household and businesses can call a white knight for help
It is very difficult to get out of a debt trap. As unsecured loans balloon, many Indians slowly realise they may need professional help to get out of a sticky situation.
Pidge pilots logistics technology for MSME growth
Pidge's SaaS solution is relevant both to businesses with their own captive delivery riders (1PL) and those that outsource delivery (3PL).
Budget 2023: From tax benefits to TReds expansion, the much-needed measures for MSMEs
Considering the slowdown in the economy last year, MSMEs, which form a major part of the Indian value chain, are expecting a big relief and reforms in the upcoming budget.
Down in the Valley: MSMEs in Kashmir live with perpetual uncertainty
Frequent high-speed internet shutdowns, cuts in telephone communication, curfews and the safety of her employees are things that affect her online arts and crafts shop, Crafts World Kashmir.
Travel was getting back on its feet. Omicron has slammed it down again
After a miserable period, the sun was beginning to warm the tourism sector when Omicron struck. The small players are bearing the brunt. They are wondering if 2022 will change their fortunes.
Khadi CP outlet records highest-ever single-day sales of Rs 1.29 cr
This is the 13th occasion since 2016 when Khadi's single-day sale at one store has exceeded the Rs 1 crore mark.
Missing the wood for the trees: Covid exposes fault lines in India’s $5 trillion economy dream
The human misery from the second wave of Covid-19 is a stark reminder that size of an economy alone is not the only metric to chase.
As the world goes ABC (anything-but-China), India amps up its electronic manufacturing
India is stepping on the pedal to become an electronic manufacturing major. The pandemic has been the fuel.
Khadi gets a makeover. Eyes Rs 5,000 crore in business
Khadi saw rapid double digit growth over the last five years. From driving employment in the country to getting young designers to come out with chic products, Khadi is seeing a transformation in its fortunes.
Promoting manufacturing exports is needed to spur MSME growth: Assocham
Providing Indian MSMEs a better visibility to other countries with a better buying potential will be key to greater success.
Vision is to increase MSMEs contribution to GDP to 50%: Nitin Gadkari
Unveiling plans of soon opening a new website - Bank of Ideas, Innovation and Research - the minister highlighted that a team would analyse the suggestions coming in.
Panel Discussion: Not just financial nuances, managerial capabilities of MSMEs also matter
There was consensus across the panel members on technological upgradation acting as a key force to move forward and incentivise growth in the times to come.
MSMEs key component of India's $5-trillion economy quest: Arun Kumar Panda, MSME Secretary
If we are serious about reaching $5 trillion economy, MSMEs have to play a much bigger role in employment generation, exports, skilling people and making the sector more formalised.
MSMEs, India's growth engine, face a Rs 16 lakh crore credit gap
Estimation of debt requirement for India's MSME sector point to colossal credit gaps with total demand far outstripping the available supply of finance from formal sources.
MSME Day: As the IL&FS crisis unfolded, IFC responded swiftly to provide succor
The World Bank's private-sector lending arm and the largest global development institution focused extensively on the Indian NBFC sector to soothe nerves in the aftermath of the IL&FS crisis.
MSME Day: Here in India to close large developmental gaps, says IFC
Part of the World Bank Group, IFC looks to jump-start private-sector development in India. The country, however, has plenty of challenges amidst rapid changes.
Urgent need to make trade finance more popular among bankers, MSMEs: CII’s Shreekant Somany
Lack of access to affordable trade finance often restricts MSMEs' access to global market by restricting the flow of working capital.
India’s rapid strides towards globalisation cannot be a race to the bottom: ILO
Workforce inequality, wage disparity and poor working conditions in the informal sector pose a big threat to India’s development.
India’s reforms under Ease of Doing Business will still take a few years to be felt: World Bank
Empirical evidence shows us that SMEs tend to suffer the most from onerous regulatory compliance requirements imposed by governments.
Indian MSMEs shunning Jugaad, embracing sustainability & inclusive development: UNIDO
According to the IFC, informal firms are estimated to account for around 74% of all MSMEs in the world, and about 77% of all MSMEs are based in developing countries.
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