Search For "micro small and medium enterprises"
GST Council recommends relaxation in filing of annual returns for MSMEs
Updated : 6 years, 5 months ago IST
Panaji (Goa) [India], Sept 25 (ANI): The 37th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman here recently, has recommended relaxation in the filing of annual returns for Micro Small and Medium Enterprises (MSMEs) for Financial Year 2017-18 and Financial Year 2018-19.
Read More
Need to reduce cost of capital, logistics in MSME sector: Gadkari
Updated : 6 years, 5 months ago IST
New Delhi [India], Sep 24 (ANI): Minister for Micro, Small and Medium Enterprises Nitin Gadkari has said that reducing the cost of capital, logistics, and power was crucial for making the Indian MSME sector globally competitive.
Read More
SBI announces repo rate as external benchmark for all floating rate loans
Updated : 6 years, 5 months ago IST
Mumbai (Maharashtra) [India], Sept 23 (ANI): The country's largest lender State Bank of India (SBI) said on Monday it has decided to adopt repo rate as the external benchmark for all floating rate loans for micro, small and medium enterprises (MSMEs), housing and retail loans.
Read More
No eligible youth in J-K should be deprived of MSME schemes benefits: Join
Updated : 6 years, 5 months ago IST
Jammu (Jammu and Kashmir), Sept 21 (ANI): Joint Secretary of Ministry of Micro, Small and Medium Enterprises, B Srinivas on Friday said that no eligible youth in Jammu and Kashmir should be deprived of the benefits of various schemes under MSME like PMEGP, CGTMSE and IDS.
Read More
Chandigarh: HSIIDC signs MoU with SIDB for funding MSMEs
Updated : 6 years, 5 months ago IST
Chandigarh (Haryana) [India], Sept 17 (ANI): The Board of Directors of Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has approved the signing of Memorandum of Understanding (MoU) with the Small Industries Development Bank of India (SIDB) for funding support to
Read More
ECGC raises insurance cover for banks up to 90 pc for working capital loan
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 16 (ANI): The Central government has enhanced insurance cover for banks up to 90 per cent for working capital loans and moderation in premium incidence for the micro, small and medium enterprises (MSMEs) sector.
Read More
Edelweiss teams up with SBI for co-origination of loans to MSMEs
Updated : 6 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sept 5 (ANI): ECL Finance, a subsidiary of Edelweiss Financial Services, State Bank of India (SBI) have signed a co-origination agreement to increase access to credit for micro, small and medium enterprises (MSMEs).
Read More
RBI makes it mandatory for banks to link retail and MSME loans to external
Updated : 6 years, 6 months ago IST
New Delhi [India], Sept 4 (ANI): The Reserve Bank of India (RBI) on Wednesday issued a circular making it mandatory for banks to link all new floating rate personal or retail loans and floating rate loans to micro, small and medium enterprises to an external benchmark.
Read More
MSMEs will play important role in job creation, says Union Minister Gadkar
Updated : 6 years, 7 months ago IST
Nagpur (Maharashtra) [India], Aug 17 (ANI): Union Minister Nitin Gadkari on Saturday said that Micro, Small and Medium Enterprises (MSMEs) will play important role in the job creation in the country.
Read More
AP: Government launches Dr. Y.S.R Navodayam scheme to ease MSME sector
Updated : 6 years, 7 months ago IST
Amaravati (Andhra Pradesh) [India], Aug 6 (ANI): The government will launch a scheme for restructuring of loans of Micro Small and Medium Enterprises Development (MSMEs) under the Dr YSR Navodayam scheme to support the stressed MSME sector.
Read More
RBI panel recommends revision of loan limit for MSME
Updated : 6 years, 7 months ago IST
New Delhi [India], July 25 (ANI): A committee constituted by the Reserve Bank of India (RBI) has recommended that limit for collateral-free lending should be increased to Rs 20 lakh for micro, small and medium enterprises (MSMEs) and self-help groups (SHGs).
Read More
Two Defence Industrial Corridors to be set up in Uttar Pradesh and Tamil N
Updated : 6 years, 7 months ago IST
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.
Read More