New Delhi [India], July 24 (ANI): Government has decided to set up two Defence Industrial Corridors in Uttar Pradesh and Tamil Nadu which would cover Micro, Small and Medium Enterprises (MSME) needs, government said in the Lok Sabha on Wednesday.
New Delhi [India], July 05 (ANI): Union Finance minister Nirmala Sitharaman on Friday announced that the government aims to set up Common Facility Centres (CFCs) to facilitate cluster-based development for making traditional industries more productive, profitable and capable for generating s
New Delhi [India], July 5 (ANI): Around Rs 350 crore has been allocated for FY 2019-20 for two per cent interest subvention for all Goods and Services Tax (GST) registered Micro, Small and Medium Enterprises (MSMEs), on fresh or incremental loans, Finance Minister Nirmala Sitharaman said on
New Delhi [India], July 05 (ANI): In a major impetus for the micro, small and medium enterprises (MSME) sector, Finance Minister Nirmala Sitharaman on Friday announced two per cent interest subvention for MSMEs under the Goods and Service Tax (GST) on fresh or incremental loans.
New Delhi (India), July 4 (ANI) Union Minister Nitin Gadkari said on Thursday that the Micro, Small and Medium Enterprises (MSMEs) sector would contribute 50 per cent to India's GDP in the next five years and would create five crore addition jobs in the sector.
Faridabad (Haryana) [India], June 28 (ANI): Giving major relief to Micro, Small and Medium Enterprises (MSME) units of Industrial Area Faridabad, Chief Minister Manohar Lal on Friday made several announcements including regularisation of MSME units developed in more than 70 per cent geograph
New Delhi [India], June 28 (ANI): Union Minister for Micro, Small and Medium Enterprises (MSME) Nitin Gadkari inaugurated the MSME Day 2019 celebrations and said boosting the aforementioned sector is important to reach Prime Minister Narendra Modi's goal of making India a 5 trillion dolla
Pune (Maharashtra) [India] June 27 (ANI/BusinessWire India): SMEs are crucial for the country's economic growth given the fact that small and medium enterprises contribute to over 45 per cent of India's total manufacturing output and 40 per cent to total exports.
New Delhi [India], June 24 (ANI): Various schemes have been launched in recent years to encourage micro, small and medium enterprises (MSMEs) which employ 11.1 crore people and are the largest provider of jobs after agriculture, the Rajya Sabha was informed on Monday.
Bengaluru (Karnataka) [India], June 21 (ANI): Sellers on e-commerce major Flipkart platform can now get loans at competitive interest rates from banks and non-banking financial companies (NBFCs) within two days, a move that is likely to benefit more than one lakh micro, small and medium ente
New Delhi [India] June 6 (ANI/BusinessWire India): Biz2Credit Inc., the leading online lending platform that helps banks and other financial institutions manage small and medium enterprises (SMEs) lending processes and makes it easier and faster for SMEs to access working capital, announced
New Delhi [India], June 4 (ANI): Union Minister Nitin Gadkari took charge of the Ministry of Road Transport and Highways along with Ministry of Micro, Small and Medium Enterprises on Tuesday.