"msme"

By B Yerram Raju Institutional reforms are least spoken of in the Draft National MSME Policy. The policy has missed the labour-intensive sectors to address the inclusivity issue. When the policy mentions demographic dividend, full advantage can be derived only when the small enterprises in manufacturing are encouraged and a strong link between the micro […]

By B Yerram Raju The Draft National MSME Policy, targeting V-shaped recovery after the Covid pandemic and the $5-trillion economy by 2025 (since extended by two years to 2027), seems to have seen the world more than India. There is a virtue in looking at the policies of other countries during the pandemic. However, the […]

Hyderabad: Niti Aayog Vice Chairman Rajiv Kumar said the unifying theme for 2022-23 financial year budget was to lay solid foundation for achieving the vision of digitally empowered India with world class infrastructure with focus on globally comparable education and health sectors in the next 25 years. “The union Budget 2022-23 is not an ‘election’ […]

New Delhi: Prime Minister Narendra Modi on Wednesday said the tax benefits for startups in the budget will motivate youngsters to innovate. PM Modi while addressing BJP workers and leaders on Budget 2022 said, “We have also provided tax benefits for startups in this budget. The provisions done for youth innovation and Research and Development […]

Hyderabad: Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing, and development of Micro, Small and Medium Enterprises (MSMEs), has entered a Memorandum of Understanding (MoU) with the Government of Telangana to develop the MSME ecosystem in the State. The MoU was signed by D Krishna Bhaskar, director, […]

Currently, the Flipkart marketplace supports digital commerce for 3.75 lakh sellers and is steadily working towards taking this number to 4.2 lakh sellers on its platform by the year-end.

Hyderabad: The ‘One District, One Product’ scheme will create and increase export potential in each district. MSME’s were severely impacted due the Covid. Though more than 90 per cent of them functioned during the Covid, they had faced challenges of liquidity, manpower, raw materials and logistics. However, they continue to be the largest employers and […]

Hyderabad: Malkajgiri TRS Parliamentary constituency incharge, Marri Rajashekar Reddy on Tuesday met MAUD Minister K T Rama Rao and requested his intervention in solving certain issues in the constituency. According to a press release, Reddy said that in September 2019, under MSME CDP programme, Geeta Nagar Navajeevan Nagar micro-industrial association got a sanction for establishing […]

If implemented well, Dalit Bandhu will drive a structural shift in the economy, and enhance the lives of poor young people

Kabir Bhattacharya, field general manager, Hyderabad, said MSME is an important sector of the Indian economy, contributing significantly to its growth

I am a firm believer of constant evolution and adaptability and I am confident that Ketan will spearhead Mswipe on to an exciting, high-growth journey as Mswipe expands to provide credit and other financial services

For the full year 2020-21, BoM's standalone net profit jumped nearly 42 per cent to Rs 550.25 crore. I

Ludhiana Hand Tools Association President S C Ralhan said that many of the competing countries, provide support to manufacturing units by providing steel at much reasonable prices.

The government must lead the investment cycle but focus on completing the several projects that are underway and not start new ones.

Suggesting some measures, Assocham president Vineet Agarwal said banks should increase working capital limit of MSMEs by 20 per cent but not charge any extra collateral.

This new loan processing system seamlessly integrates with data fintechs, bureau validations, document storage/retrieval, account opening/management, customer notifications, and portfolio management capabilities along with embodied policy/knock off parameters.

Geographically speaking, the bank is present in 630 districts, of these, 560 districts have MSMEs.

Facilitating grassroots innovation to address rural needs is critical to building self-sufficiency in unprecedented times

The government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate or from informal financial sources.

MSME have launched  a two-day industrial motivation awareness programme to create awareness on entrepreneurship, self-employment, MSME Schemes, etc., for the benefit of the unemployed youth