Search For "msmes"
CII calls for 2 pc of GDP in fiscal support package to tide over COVID-19
Updated : 5 years, 11 months ago IST
New Delhi [India], April 8 (ANI): The Confederation of Indian Industry (CII) has called for a fiscal support package during the current financial year 2020-21 limited to two per cent of the gross domestic product (GDP) in addition to the Rs 1.7 lakh crore provided under the Pradhan Mantri Ga
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Fitch cuts India growth forecast to 30-year low of 2 pc for FY21
Updated : 5 years, 11 months ago IST
Singapore, April 3 (ANI): Fitch Ratings on Friday cut its GDP growth forecast for India to 2 per cent for the fiscal year ending March 2021 after lowering it to 5.1 per cent previously, which will make it the slowest growth in India over the past 30 years.
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Centre should bear 70 pc wage bill of MSME sector: Congress
Updated : 5 years, 12 months ago IST
New Delhi [India], Mar 30 (ANI): The Congress on Monday demanded that the Central government should bear 70 per cent of wage bill of micro, small and medium enterprises (MSMEs) for three months and it should come out with a law that there will be no retrenchment in any sector or company f
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DST sets up COVID-19 task force to map technologies
Updated : 6 years ago IST
New Delhi [India], March 26 (ANI): The Department of Science and Technology (DST) has set up a COVID-19 task force for mapping technologies from research and development labs, academic institutions, startups, and MSMEs to fund nearly market-ready solutions in the area of diagnostics, testing
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Govt likely to announce economic package this week for tackling COVID-19 d
Updated : 6 years ago IST
New Delhi [India], Mar 25 (ANI): The government is likely to unveil an economic stimulus package as the country battles to curb the spread of coronavirus, a source from Finance Ministry told ANI on Wednesday.
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Digital architectures expanding reach of credit to MSMEs: RBI Governor Das
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 6 (ANI): New technologies are enabling lenders to appraise loan proposals of micro, small and medium enterprises (MSMEs) expeditiously by doing due diligence online, Reserve Bank of India Governor Shaktikanta Das said on Friday.
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Kinara Capital launches HerVikas business loans for women; commits to disb
Updated : 6 years ago IST
Bengaluru (Karnataka) [India] March 4 (ANI/PRNewswire): Kinara Capital, a fast-growing fintech for MSMEs, today announced HerVikas business loans to accelerate financial inclusion of women entrepreneurs in India.
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RXIL digitizes its MSME onboarding using Jocata GRID, trade receivables ex
Updated : 6 years ago IST
Hyderabad (Telangana) [India], Mar 2 (ANI/NewsVoir): Receivables Exchange of India (RXIL) - country's first trade receivables exchange platform (TReDS) has implemented Jocata's proprietary platform Jocata GRID to enable digital onboarding for MSMEs.
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Prayaan Capital raises seed funding from Accion Venture Lab to support dig
Updated : 6 years, 1 month ago IST
Chennai (Tamil Nadu) [India] Feb 25 (ANI/PRNewswire): Prayaan Capital Private Limited, a South India-based NBFC that lends to micro, small, and medium-sized enterprises (MSMEs) in India announced the closure of a USD 1.2 million seed investment round led by Accion Venture Lab, Accion's seed-
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Piyush Goyal meets ministerial officials in Germany, discusses ways to boo
Updated : 6 years, 1 month ago IST
Berlin [Germany], Feb 17 (ANI): Union Minister of Commerce and Industry Piyush Goyal on Monday interacted with various ministerial officials in the German Parliament and deliberated on ways to increase the competitiveness of the domestic industry and ensure a more business-friendly environme
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RBI announces steps to boost loans to real estate, auto and MSMEs
Updated : 6 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 6 (ANI): The Reserve Bank of India (RBI) on Thursday announced several measures to boost loan growth to sectors like residential real estate, automobiles, and micro, medium and small enterprises (MSMEs).
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The Budget announced today is dynamic and progressive for the Indian econo
Updated : 6 years, 1 month ago IST
New Delhi [India], Feb 3 (ANI/NewsVoir): "The Budget announcement made by the Union Finance Minister on Saturday was visionary and demonstrates the government's intent to focus on demand generation, spurring jobs, increase infrastructure spends, attract foreign institutional investors and in
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