-
By B Yerram Raju I saw the film RRR and wondered how I should title this article on Asset Quality Review (AQR) undertaken by Raghuram Rajan Reforms (RRR) in the banking sector during his regime as Governor. The Economic Survey 2020-21 while criticising the AQR’s inability to prevent the evergreening of loans in the name […]
-
Tadepalli: Chief Minister YS Jaganmohan Reddy has called for special focus on employment generating MSMEs in the state and prompt payment of incentives to them. At a review on Industrial development, Ports and Fishing harbours here on Wednesday, he directed officials to ensure that basic infrastructural facilities were created in lands earmarked for industries. When […]
-
Hyderabad: Delayed payments are a challenge for MSMEs. Ketan Gaikwad, Managing Director and CEO, Receivables Exchange of India Limited (RXIL) explains to Telangana Today how TReDS platform improves cash flows of sellers or suppliers in the MSME segment. What is RXIL? RXIL is a joint venture between Small Industries Development Bank of India (SIDBI), the […]
-
Karimnagar: Collector RV Karnan wanted bankers to encourage small traders by lending more loans to Micro, Small & Medium Enterprises (MSMEs) in the district. Collector was the chief guest at a customer outreach programme organised as part of Azadi ka Amrit Mahotsav held at Revenue Gardens here on Wednesday. Speaking on the occasion, Karnan appreciated […]
-
Hyderabad: If the National Medical Commission (NMC), the regulatory body for medical education in India, has its way, the day is not far when all doctors at government and private hospitals will start wearing their ubiquitous white coats in khadi. The Under-Graduate Medical Education Board (UGMEB), the autonomous board of the NMC, has urged doctors […]
-
Sangareddy: The TCS iON Global Head Venguswamy Ramaswamy has said that Micro, Small, and Medium Scale (MSMEs) industries were acting as the backbone of Indian economic growth. He said there were 65 millions of MSMEs in India which had employed over 120 million employees. The Indian MSMEs’ share in exports was put at 40 per […]
-
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 […]
-
Hyderabad: “Safety and security of the country is government’s top priority and all efforts are being made to safeguard its unity and integrity,” said union Defence Minister Rajnath Singh here on Saturday. Addressing a conclave organised by the Indian Air Force Station, Hakimpet to commemorate 60 years of Chetak helicopter’s service to the nation, Singh […]
-
Hyderabad: The Government of Telangana and the National Stock Exchange of India (NSE) have signed a Memorandum of Understanding (MoU) to help MSMEs grow in the State. The MoU was exchanged between Hari K, chief business officer, NSE and Jayesh Ranjan, principal secretary, Industries and Commerce Department, Government of Telangana, in the presence of KT […]
-
Hyderabad: Even though the Budget announced a few schemes for startups like the tax holiday and capital gains exemption for investment by another year, the ECLGS credit scheme to provide collateral-free loans to stressed SMEs, and the emphasis on NariShakti, experts feel a lot more could have been announced for the ecosystem. Stating that not […]
-
Hyderabad: The Finance Minister also announced that the Emergency Credit Line Guarantee Scheme (ECLGS) will be extended to cover the next fiscal as well, with expanded guarantee cover of Rs 5 lakh crore. This will help the MSMEs that have been hit by the pandemic, said Mahesh Desai, Chairman of Engineering Export Promotion Council. The […]
-
Hyderabad: The Union Budget 2022-23 focuses on a long-term plan for the country with digitisation, urban development, and sustainability at its core. For the real estate sector, the budget placed an outlay of Rs 48,000 crores under the Pradhan Mantri Awas Yojana, and construction of 80 lakh homes will facilitate affordable housing. Real estate sector […]
-
By B Yerram Raju In the context of the stress faced by the justice dispensing system for several reasons, chief of them being the huge pendency of cases, the Government of India thought it expedient to provide a new forum and procedure for resolving international and domestic commercial disputes quickly culminating in setting up of […]
-
Though the latest data suggests that India’s GDP grew 8.4% in the July-September quarter— no doubt an encouraging performance given the gloomy predictions earlier — it is still premature for any celebrations. The economy is still reeling under the impact of the devastating pandemic and the worst is not yet over, a fact borne out […]
-
By Mahitha Lingala Telangana has moved ahead a significant distance from growing at 2.7% in the undivided State to 13.3% in mere six years after bifurcation, a rate which is higher than the national average. Its Industrial Policy introduced in 2015 contributed immensely to this surge bringing in over Rs 1.4 lakh crore. IT exports […]
-
Hyderabad: Small Industries Development Bank of India (SIDBI) has entered into a collaboration with Google for having a social impact lending programme with financial assistance up to Rs 1 crore at competitive interest rates targeted at micro enterprises, under a Rs 110-crore ($15 million) corpus fund. This corpus fund has been brought as a crisis […]
-
The IT industry body said Telangana is among the select States that are using digital platforms for enhanced government-citizen engagement
-
Initiative likely to benefit more than 30,000 individual women borrowers and 7,500 MSMEs in India
-
DIY capability of the product allows small business owners to integrate digital technologies into their day-to-day operations without the need of any prior expertise, making it easy to adopt
-
Last financial year, TRICOR approached TIHCL for viability assessment of 26 distressed enterprises, which suffered financial and other constraints, especially in the wake of pandemic
