Rs 26,000 cr payments pending: MSMEs fail to find ‘samadhaan’ with resolution mechanismThe Samadhaan portal was launched seven years ago to help MSMEs get payments faster. Despite some relief, loopholes in the system tilt it i...
MSMEs need easy access to finance for growth post-pandemicThe second wave of Covid-19 threw light on the vulnerabilities in the SME sector like never before. Delayed payments, high informality and ...
Need to do more: Bid to resolve Rs 5-lakh crore pain point for MSMEs sees tardy progressCosts for MSMEs to do business is rising in all sorts of ways. Unpaid dues are central to their woes.
Economic Survey reveals Government’s rationale behind revising the definition of MSMEThe need for a change in definition, that's aimed at offering small firms the incentives to grow and thereby reap economies of scale was ar...
Desist from passing the MSME Amendment Bill: Swadeshi Jagran ManchRepresentatives of the bodies also flayed the Economic Survey for stating that small firms find it difficult to sustain jobs they create wh...
RBI panel proposes Rs 10,000 crore govt fund to develop MSMEsThe panel wants additional Rs 5,000 crore to support distressed small companies affected because of external factors, such as a change in e...
Revival scheme for stressed MSMEs, need of the hour: FISME's Anil BhardwajEmploying 40% of country's workforce, the sector has the potential to spread industrial growth across the country and can be a major partne...
Khadi sales have doubled after PM Narendra Modi's appeal: Kalraj MishraAn analysis of the data revealed that during the April-June quarter, retail sales of readymade Khadi rose 50.68 per cent as against the sam...
Tackling problems of delayed payments in MSME sectorBoosting the development of the MSME sector, which forms the backbone of the economy, is critical for powering Prime Minister's vision of m...
Government introduces bill to raise investment limits for MSME unitsThese investment limits were fixed by the Micro, Small and Medium Enterprises Development (MSMED) Act in 2006.
How to recover your unpaid salary, pending reimbursementsIf you are an employee or a consultant who has been denied his dues, here are some tips on how to recover what is rightfully yours.
- Govt to modify Credit Guarantee Scheme for MSME sector
The government could earmark a definite percentage of net bank credit for the MSME sector under its priority-sector lending programme, says...
- LLP will help SMEs attract capital
Becoming an LLP will help SMEs attract that much needed capital.
- SSIs to get 18% interest on dues from corporates
Large enterprises may soon have to pay an interest rate as high as 18% on dues of purchases from small scale enterprises.
- Delayed payments to SMEs to cost corporates dear
Large companies that source inputs from small and tiny enterprises will now have to pay within 45 days of procurement, irrespective of any ...