"msmes"

The new process launched in July offers online system of registration for MSMEs

Exploring new markets and collaborations among companies in the same sector to help scale up businesses post Covid-19

Union Minister promised all support to manufacturers in the initiative aimed at cutting India's huge import costs of crude and arresting pollution

The total market value of the licenses being distributed by the State free of cost to the business community is estimated at Rs 72 crores

It was launched as part of the Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May to mitigate the distress caused by coronavirus-induced lockdown

Last week, TS govt along with networking portal for small businesses, GlobalLinker, partnered with BSE in a bid to encourage MSMEs to go public to meet capital requirements

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

BSE will provide intellectual and manpower support to create awareness about the importance and benefits of listing on stock exchanges.

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

It said that the relief to all borrowers in respect of compounding of interest during the period of moratorium would be admissible to the categories specified irrespective of whether the borrowers had availed the moratorium or not.