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Private banks will soon gain momentum in disbursing collateral-free loans to MSMEs: Uday Kotak

New Delhi, June 29 -- Admitting that Private banks have started a little slow than the Public Sector Banks (PSBs) in terms of loan sanctioning and disbursals under the Rs 3 lakh crore Emergency Credit... Read More


98.8 per cent people support boycott of Chinese goods, says CAIT survey

New Delhi, June 29 -- A recent survey conducted by the Confederation of All India Traders (CAIT) across the country, revealed that at least 98.8 per cent people supported the boycott of Chinese goods.... Read More


Karnataka to have special focus on MSMEs in its new industrial policy

Bengaluru, June 29 -- In a bid to boost the economy, Karnataka's new industrial policy would have special focus on Micro, Small, and Medium Enterprises (MSMEs), said Chief Minister BS Yediyurappa. Y... Read More


MoS Pratap Sarangi launches MSME Forum for Indian entrepreneurs on World MSME Day

New Delhi, June 29 -- Minister of State for Micro, Small and Medium Enterprises (MSME) Pratap Chandra Sarangi launched an MSME Forum for Indian entrepreneurs on World MSME Day. On April 6, 2017, the... Read More


Strengthened MSMEs to usher in V-shaped recovery post pandemic, says AEPC

New Delhi, June 27 -- Apparel Export Promotion Council (AEPC) Chairman Dr A Sakthivel on Saturday, thanked Prime Minister Narendra Modi and his Cabinet colleagues for strengthening the MSMEs saying th... Read More


Apparel exporters urge Centre to clear imports from China

New Delhi, June 27 -- The Indian Apparel Industry, which saw respective decline of 91% and 66% exports in April and May 2020, have sought the Governments support in expediting the clearance of import ... Read More


ADC, DCMSME urges MSMEs to make India 'Atmanirbhar'

New Delhi, June 27 -- The Additional Development Commissioner (ADC), DCMSME, Piyush Srivastava has urged Micro, Small and Medium Enterprises (MSMEs) to make India 'Atamnirbhar' by producing goods that... Read More


Conversion of knowledge into wealth is important for development of industry: MSME Minister

New Delhi, June 27 -- Industries should invest about 2-3 per cent of their annual profits into research as the conversion of knowledge into wealth is important for development of the industry, said Un... Read More


'Loans worth Rs 432 cr disbursed to 2,881 MSMEs in Tiruppur district'

Chennai, June 27 -- Loans worth Rs 432 crore have been disbursed to 2,881 Micro, Small and Medium Enterprises (MSMEs) in Tiruppur district under Emergency Credit Line Guarantee Scheme (ECLGS), said Di... Read More


U GRO capital to launch digital lending platform 'Sanjeevani' for MSMEs

New Delhi, June 27 -- In a bid to boost capital starved Micro, Small and Medium Enterprises (MSMEs), U GRO Capital, small business lending platform, has announced the launch of Sanjeevani, an end to e... Read More