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INTEREST SUBVENTION FOR MSMES
Credit cover for collateral-free education loans may be raised at inter-ministerial consultationsThe government is exploring increasing the credit guarantee cover for education loans. This move aims to allow banks to offer loans exceedi...
India in better position to manage retail inflation, RBI must hold rates: ASSOCHAMIndia is well-positioned to handle retail inflation, according to ASSOCHAM. The industry lobby recommends the Reserve Bank of India maintai...
India’s exporters are winning. The money hasn’t caught upExtended transit and receivable cycles, coupled with currency volatility, are straining liquidity. Despite policy interventions, a substant...
DFS is seeking lender data on war-hit SMEsPeople familiar with the matter told ET that banks have been asked to provide details on sectors affected, like the Morbi-based ceramics in...
Widening CAD a concern, says Niti ReportIn its quarterly Trade Watch Report for the quarter to December 2026, released on Monday, it said the instability in West Asia has slowed t...
MSME activity expands but loses steam as global headwinds bite: PHDCCI surveyIndia's manufacturing MSME sector continues to expand. However, growth momentum is slowing. New orders and production are increasing at a s...
India rolls out seven steps to boost exportsIndia's government has launched a significant export promotion mission. Seven new measures aim to boost outbound shipments. These include c...
Export Mission: Interest subvention may be capped at ₹50 lakh per MSMEIndia's government is planning new support for exporters. The Export Promotion Mission will offer interest subvention to MSMEs. Benefits ma...
Budget 2024's boost for students and small business aspirationsThe finance minister introduced several measures in the budget to support students and small businesses, including interest subvention on e...
Budget 2024: EEPC India pushes for export boost, calls for higher interest subventionEEPC India has also proposed that MSME manufacturing units that are Partnership/LLP/Sole Proprietor be given an Income Tax slab of 25% with...
Interest subvention likely to push energy efficiency among MSMEsThe power ministry has begun discussions on offering interest subvention under the Assistance in Deploying Energy Efficient Technologies in...
Budget 2023: Govt may put cash in hands of businesses especially MSMEs, says EEPC India chairmanEEPC India chairman Arun Kumar Garodia said that the support under the Emergency Credit Line Guarantee Scheme (ECLGS) in the wake of the Co...
Budget 2023: Scrapping of key MSME schemes worrying, say industry expertsSmall businesses need more help now than ever before because of economic challenges but some schemes that made a difference on the ground h...
FIDC seeks liquidity support for NBFCs for on-lending to MSMEsWith the changing economic environment and the associated developments, NBFCs, especially, small and medium sized ones, are facing liquidit...
Budget likely to unveil ‘Fund of Funds’ for MSME sectorIt would be modeled on the lines of FoF suggested by former Sebi chairman-headed panel on MSME.
Government makes changes to Interest Subvention Scheme for MSMEsMSME minister Nitin Gadkari on Monday reviewed the scheme, which was launched by Prime Minister Narendra Modi in November 2018, ahead of th...
MSMEs get only Rs 40 cr out of Rs 625 cr interest subsidyThe law stipulates hefty penalty on late payment to MSMEs but the provision has been hardly invoked by the government. So far, MCA has only...
Budget 2019: Govt looks at new payments portal for MSMEs to ease credit flowPresenting the Budget in the Parliament today the minister said that government is looking at opening a payments portal for MSMEs.
Budget 2019: 10 key takeaways for startups and MSMEsFrom a TV channel for startups to interest subvention scheme for MSMEs found a mention in the Finance Minister's speech.
- Govt considering interest subvention scheme for MSMEs
Micro, small and medium firms, the backbone of the country's industrial production, may get up to two per cent interest subvention on insti...