This includes a USD 49.5 million loan to scale up the deployment of electric "smart meters", and a USD 8 million loan guarantee for underserved micro, small and medium enterprises (MSME) in India.
New Delhi [India], March 18 (ANI/NewsVoir): Power2SME in collaboration with TiE Delhi NCR, hosted Season 9 of their flagship Spirit of Manufacturing (SOM) awards in New Delhi in the presence of B B Swain, Secretary to the Union Ministry for Micro, Small, and Medium Enterprises, the Governmen
Gurugram (Haryana) [India], March 16 (ANI/BusinessWire India): Gurugram based OfBusiness (OFB), a B2B unicorn, has launched a unique and customized app to help Micro, Small, and Medium Enterprises (MSMEs) to procure and supply raw materials, be it infrastructure based such TMT, Flat Steel, A
Mumbai (Maharashtra) [India], February 21 (ANI/NewsVoir): Global Supply Chain Finance platform Veefin announced today that it has crossed USD 12Bn in annualized disbursements globally, indicating widespread demand from Banks and Financial Institutions in stepping up credit access, especially
Rajya Sabha MP Alla Ayodhya Rami Reddy on Wednesday released data on the developments under the Andhra Pradesh government in the Ministry of Micro, Small and Medium Enterprises (MSME) sector.
The Ministry of Finance on Monday provided a major relief to Micro, Small and Medium Enterprises (MSMEs) by asking ministries to refund performance security/ bid security and liquidated damages forfeited/ deducted during the COVID-19 pandemic, according to a press release.
Describing micro, small and medium enterprises (MSMEs) as growth engines of our economy, Nirmala Sitharaman's Budget proposes enhanced limits for micro-enterprises and certain professionals for availing the benefit of presumptive taxation.
The Emergency Credit Line Guarantee Scheme (ECLGS) was launched in May 2020 as part of Aatmanirbhar Bharat initiative to support eligible Micro, Small and Medium Enterprises (MSMEs) and business enterprises
The soon-to-be-launched digital bank's key focus will be micro-lending, remittances, domestic payments, e-wallets, personalised and communal savings as well as micro-insurance in Southeast Asia. Its target market are blue-collar workers, foreign domestic workers, and micro, small and medi
Mumbai (Maharashtra) [India], December 26 (ANI/PRNewswire): DBS Bank India today announced its partnership with Gofrugal Technologies Pvt. Ltd., a seller-centric platform offering Omnichannel ERP solutions. The company empowers enterprise customers, including micro, small and medium enterpri
New Delhi [India], December 16 (ANI/PNN): Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing, and development of Micro, Small, and Medium Enterprises (MSME) has partnered with M1xchangeas the financier. This move is exp
The micro-small and medium enterprises (MSME) are among the most important pillars of the Indian economy and the government is working to make the MSME sector stronger and more developed, going forward.