Pune (Maharashtra) [India], May 20 (ANI): As COVID-19 lockdown triggered the mass exodus of migrant labourers, the Micro, Small and Medium Enterprises (MSMEs) in Pune have suffered badly, the owners of these businesses claimed.
Singapore, May 19 (ANI): Stimulus measures announced by the government last week as part of a Rs 20 lakh crore economic package will help ease asset risks for the financial sector but not fully offset the negative impact from coronavirus outbreak, Moody' s Investors Service said on Tuesday.
New Delhi [India], May 17 (ANI): Corporate debts related to COVID-19 pandemic will be excluded from default category under the Insolvency and Bankruptcy Code (IBC) for a period of up to one year, Finance Minister Nirmala Sitharaman said on Sunday.
New Delhi [India], May 15 (ANI): Goa Chief Minister Pramod Sawant on Friday said that the new definition of MSME will also benefit the people of the state and the related package announced by the Centre will benefit over 20,000 MSMEs.
New Delhi [India], May 14 (ANI): Shreekant Somany, chairman of CII National MSME Council, on Thursday hailed the Centre's decision to sell only indigenous products at the canteens of Central Armed Police Forces (CAPF), while saying that this would boost employment generation.
Chandigarh (Punjab) [India], May 14 (ANI): Punjab Chief Minister Captain Amarinder Singh on Thursday allowed tiny or cottage industries in non-containment mixed-use areas of Ludhiana to immediately resume operations in order to support the opening of bigger industries that are dependent on t
New Delhi [India], May 14 (ANI): Union Minister Dharmendra Pradhan on Thursday lauded Rs 3 lakh crore collateral-free loans announced by the Ministry of Finance as a stimulus package, saying that entrepreneurs don't need free money but they certainly need 'hassle-free' money.
New Delhi [India], May 14 (ANI): External Affairs Minister (EAM) S Jaishankar on Thursday lauded Finance Minister Nirmala Sitharaman's 'bold initiatives' for reviving the MSME sector.
Lucknow (Uttar Pradesh) [India], May 14 (ANI): Uttar Pradesh Chief Minister Yogi Adityanath on Thursday handed over cheques to people involved in the MSME (Micro, Small and Medium Enterprises) sector as part of the state's online loan fair.
Dehradun (Uttarakhand) [India], May 14 (ANI): Chief Minister Trivendra Singh Rawat has said that the economic package announced by the Central government will help the Micro, Small and Medium Enterprises (MSMEs) in the country and will improve production and employment.
New Delhi [India], May 14 (ANI): Union Minister Ravi Shankar Prasad on Wednesday said that the government's announcement of Rs 3 lakh crore will act as a strong booster for the micro, small and medium sector industries and it will directly impact nearly 45 lakh MSMEs.