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"micro"

  • Indian MSMEs face mounting delayed payments, recordent report reveals

    Released on World MSME Day, Recordent's Indian SME Receivables Report 2026 reveals that delayed payments continue to strain India's MSMEs. The study found that the average SME has Rs 3.83 crore in receivables pending for over 360 days and takes 73 days to settle invoices.
  • KVIC disburses Rs 504 Crore subsidy for 22,259 PMEGP projects across India

    The KVIC disbursed Rs 504.68 crore in PMEGP subsidies for 22,259 new projects nationwide, supporting village artisans and micro enterprises. The initiative is expected to create nearly 2.45 lakh jobs, while boosting rural entrepreneurship, khadi production, and women's empowerment
  • India’s fintech companies empowering merchants and MSMEs: Finance Minister

    FM Nirmala Sitharaman visited the office of Pine Labs, a digital fintech company, in Noida and interacted with its employees and staff members
  • Opinion: Empower micro, small units digitally

    By B Yerram Raju In India, 98% of manufacturing micro and small manufacturing enterprises (MSMEs), estimated at 1.6 crore, are single-owner enterprises even if they are proprietary or partnerships and family enterprises or private limited enterprises. Stages of their growth are similar to biological organisms like the seeds transforming into flowering or fruit-bearing trees. This […]
  • Applications invited from MSMEs for national awards

    Hyderabad: The Ministry of Micro, Small and Medium Enterprises is inviting online applications for national awards for the year 2022. The awards will be given in manufacturing, service, export oriented, technologically efficient manufacturing, women entrepreneurs, and Divyang categories, a release said. Cash prizes range from Rs one lakh to Rs three lakh. Eligible MSMEs can […]
  • Bring petrol under GST regime, FKCCI appeals to FM

    In addition to this, the FKCCI demanded that the banks and financial institutions should not insist for additional collateral security while providing stimulus to other economic sectors such as garment, hospitality, education etc.
  • Regional outreach: Amazon launches seller services in Marathi

    The development will benefit over 85,000 existing Amazon sellers and lakhs of new sellers
  • ‘Digital payments incentive to boost fintech’

    Startups and MSMEs termed the Budget as pro-growth and pro-technology and will usher in the digital payments era of the country.
  • PagarBook raises $ 15 mn in funding from Sequoia Capital, India Quotient

    The funds from the Series A round, which also saw participation from India Quotient, will be used in further product development and to drive customer acquisition, a statement said.
  • SBI will prefer co-origination models of lending to MSMEs: Chairman

    Pointing out that the Micro, Small and Medium Enterprises (MSMEs) are constrained today in terms of cash flows, time gap in realising receivables, among others.
  • India’s pvt credit-to-GDP ratio lowest among peers

    Addressing a virtual event organised by the Global Alliance for Mass Entrepreneurship (GAME), Kant said credit scenario in India in recent years for a greater part has been seen as a drag on the economy.
  • New MSME registration system sees 11 lakh applicants

    The new process launched in July offers online system of registration for MSMEs
  • Rajnath Singh releases DRDO’s Procurement Manual-2020

    Procurement of stores from development partners, safeguarding of free issue material through insurance cover instead of bank guarantee (BG) are other facilitating measures adopted to help the industry.
  • Telangana to handhold local IT MSMEs

    One such initiative is the setting up of an advisory committee to identify enterprises from this segment so as to provide them with the required support
  • No extension of credit guarantee scheme for MSMEs

    The sources said the objective is to provide support to all those affected and if there are no takers for the scheme, there is no need to extend the scheme even though there is some room left

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