Search For "msme"
MSME launches Yashaswini Initiative to support women entrepreneurs
Updated : 1 year, 8 months ago IST
The Ministry of Micro, Small and Medium Enterprises launched a new initiative called the 'Yashaswini' initiative under the 'Empower Her Udan' campaign on Thursday, July 18, to encourage and support women entrepreneurs across the country.
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India's Digital Infrastructure paving ways for MSME financial inclusion: I
Updated : 1 year, 8 months ago IST
The report identifies several key obstacles, such as the inadequacy of collateral, difficulties in verifying the creditworthiness of MSMEs, and the high transaction costs associated with providing small loans. These factors make lending to MSMEs less attractive for financial institutions.
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"Union Budget will be judged by its ability to revive MSMEs": Congress lea
Updated : 1 year, 8 months ago IST
Congress leader Jairam Ramesh emphasized on Tuesday that the upcoming budget's success will be measured by its potential to revive and rejuvenate India's Micro, Small, and Medium Enterprises (MSMEs). He also targeted the central government, attributing the decline of MSMEs to factors such
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Bank of Maharashtra's net profit surges to Rs 1,293 cr in Q1 FY 25
Updated : 1 year, 8 months ago IST
The net profit of Bank of Maharashtra surged by 46.64 per cent to Rs 1293 crore during the first quarter of FY 2024-25, the bank informed the exchange in a filing on Monday.
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NumberOne Academy Launches AI Chatbot 'NOA': A GST Companion for SMEs
Updated : 1 year, 8 months ago IST
New Delhi [India], July 15: NumberOne Academy, a leading platform for empowering Small and Medium-sized Enterprises (SMEs), announces the launch of 'NOA', an innovative AI-powered multilingual chatbot. NOA serves as a GST companion for MSME entrepreneurs, providing guidance to navigate GST r
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MSMEs pin hopes on Union Budget 2024-25 for financial relief and growth in
Updated : 1 year, 8 months ago IST
As Finance Minister Nirmala Sitharaman prepares for the upcoming Union Budget, the micro, Small, and Medium Enterprises (MSMEs) are hopeful that the government will prioritise and promote their sector.
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Gujarat CM Bhupendra Patel lays focus on quality services at 'Gujarat Gunv
Updated : 1 year, 8 months ago IST
The event will focus on critical quality interventions in priority sectors in Gujarat and aims to redefine key sectors like education and skills, healthcare, e-commerce, industries and MSMEs, tourism, culture and sports, social development.
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DRDO sanctions seven new projects to private sector; aims to nurture indus
Updated : 1 year, 8 months ago IST
Defence Research and Development Organisation (DRDO) has awarded seven new projects to industries under the Technology Development Fund scheme for various requirements of the Armed Forces and aerospace and defence sectors.
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Rajasthan Budget 2024-25: Dy CM Diya Kumari pledges to turn state into USD
Updated : 1 year, 8 months ago IST
The key highlights of the budget revolve around making the state a 350-billion-dollar economy, development of basic amenities like water, electricity, roads, human resource development and planned development of rural and urban areas with sustainable development, empowerment of farmer fam
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Unorganised sector contracted 0.2 pc since FY16, claims Jairam Ramesh citi
Updated : 1 year, 8 months ago IST
"Unorganised sector contributes 44+% to India's Gross Value Added (GVA). The unorganised sector grew at 7.4% Compound Annual Growth Rate (CAGR) between FY11 and FY16, but has suffered an average yearly contraction of 0.2% since then," the senior Congress leader said.
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SBI Research recommends separate PLI Scheme for MSMEs
Updated : 1 year, 8 months ago IST
The Production Linked Incentive (PLI) scheme has been instrumental in augmenting India's manufacturing capacity by attracting fresh investments and facilitating substantial economic activity.
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Union Minister Piyush Goyal announces 80 pc licensing fee concession for w
Updated : 1 year, 8 months ago IST
According to a press release by the Ministry of commerce and Industry, these incentives are expected to encourage greater participation and entrepreneurship within the sector.
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