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SBI to provide collateral free loans to 48,168 MSMEs in Odisha

Bhubaneswar, June 27 -- With a motive to help Micro, Small and Medium Enterprises (MSMEs) and quench their liquidity thirst amid COVID-19 pandemic, the State Bank of India (SBI) has decided to provide... Read More


KVIC proposes Sandalwood & Bamboo plantation for asset monetisation

New Delhi, June 26 -- The Khadi and Village Industries Commission (KVIC) has proposed sandalwood, bamboo plantation for its asset monetisation. Seeking to encourage commercial plantation of sandalwo... Read More


Loans worth Rs. 738.44 cr for 28,654 MSMEs sanctioned in Assam

Guwahati, June 26 -- Collateral free loan for 28,654 number of Micro, Small and Medium Enterprises (MSMEs) worth Rs. 738.44 crore have been sanctioned in the state of Assam till date under the Atmanir... Read More


PM Modi launches 'Atma Nirbhar Uttar Pradesh Rozgar Abhiyan'

New Delhi, June 26 -- Prime Minister Narendra Modi today launched the 'Atma Nirbhar Uttar Pradesh Rozgar Abhiyan' aiming to promote local entrepreneurship and create partnership with industrial associ... Read More


MSME Ministry issues guidelines on 'Distressed Asset Fund - Subordinated Debt for Stressed MSMEs'

New Delhi, June 26 -- The Ministry of Micro, Small & Medium Enterprises (MoMSME) has issued guidelines on Distressed Asset Fund Subordinated Debt for Stressed MSMEs Communication. The guidelines... Read More


Increased input costs bite into biscuits manufacturers profits, says TPCI

New Delhi, June 26 -- The increase in commodity prices (Wheat flour) coupled with rising refined palm oil (RPO), is eating into the margins of biscuit manufacturers in India, said Trade Promotion Coun... Read More


Assam govt decides to impose complete lockdown in Guwahati from June 28

Guwahati, June 26 -- Due to the rapid rise of COVID-19 cases in Kamrup (M) the state government has decided to impose complete lockdown from June 28 midnight for the next 14 days in the entire Kamrup ... Read More


Instamojo launches 'InstaCash' to cater financial needs of MSMEs

New Delhi, June 26 -- In a bid to cater financial needs of COVID hit Micro, Small and Medium Enterprises (MSMEs), Instamojo, has launched InstaCash to enable merchants to gain access to working capita... Read More


CIA seeks clarification over 'Distressed Assets Funds-Subordinate Debt for MSMEs'

Chennai, June 26 -- Consortium of Indian Associations (CIA), a forum of over 30 associations spread across India, covering various sectors of businesses, has come forward on a Save M-SME campaign and ... Read More


Traders to boycott Chinese goods for this year's Diwali celebrations

New Delhi, June 26 -- The Confederation of All India Traders (CAIT) under its national campaign titled Bhartiya Samaan-Hamara Abhimaan to boycott Chinese goods, has announced that it will boycott all ... Read More