Trade marketing scheme soon to assist small companies board ONDCThe government's Trade Enablement & Marketing (TEAM) scheme will support micro and small enterprises (MSE) in leveraging the Open Network f...
Is the 45-day payment rule helping the MSEs?The 45-day rule for expediting payment to MSEs has led to price cuts of 3-5% as big brand retailers demand concessions due to shorter payme...
Numaligarh Refinery showcases business opportunities to medium and small enterprises vendorNRL has effectively leveraged digital platforms to reach out to its MSE vendors and contractors. A Webinar on ‘Business opportunities for M...
Nearly 80 pc MSEs hit as economic activities come standstill amid COVID-19: SurveyThe survey showed that five out of 10 businesses would run out of their working capital within two months and they will depend on loans fro...
Sidbi to provide loans up to Rs 50 lakh to MSEs manufacturing medical supplies to fight Covid-19The special scheme will help MSEs to acquire equipment, plant and machinery, other assets including raw materials required for production o...
NTPC for single window registration for MSEsNTPC's total procurement reaches around Rs 1,000 crore in a year from 3,500 vendors. Last fiscal, it stood at Rs 1,163 crore.
Railways to promote small entrepreneurs in big wayBesides, in a relief to the MSEs, the sector has been exempted from paying tender cost and earnest money deposit for participating in the r...
Interest subsidy to MSEs can lead to rise in indirect taxesAs per the report, Rs 1 crore of interest rate subsidy to MSEs can generate nearly thrice as much in indirect taxes, create 38 jobs, and al...
Haryana formulates scheme for promotion of MSEsThe government has adopted cluster development approach as key strategy for enhancing the productivity and competitiveness of micro and sma...
Micro, small enterprises starved for capital says CrisilMSEs depend heavily on funding from promoters and suppliers’ credit to stay afloat as access to institutional finance still remains elusive...
Government tweaks procurement norms to benefit MSEsAs per the revised norms, MSEs are now eligible to supply "at least" 20 per cent of the requirement at the lowest quoted price in a bidding.
- RBI announces new guidelines for rehabilitation of sick MSEs
Revising definition of sickness in micro and small enterprises (MSEs), the Reserve Bank today asked banks for timely and adequate assistanc...
- 30 per cent purchases from micro and small enterprises to be made obligatory for multi-brand retail
Government planned to make it obligatory for the multi-brand retail to source 30% of their annual purchases from MSEs.
- SC/ST quota in government tenders on the cards
Within the proposed policy being considered for reservation of government purchase orders for micro and small enterprises (MSEs), there wil...
- MSEs may get critical raw materials at a lower than market rates
Micro and small enterprises (MSEs) are now being given an opportunity to procure several critical raw materials like steel, aluminium alloy...
- Credit flows into MSEs to increase this year
Credit flows into micro and small enterprises (MSEs) is slated to go up this year with more units likely to get the guaranteed coverage aga...
- Capital subsidy scheme for MSEs revived
Responding to calls from MSEs, the Cabinet has given the go-ahead to the concerned ministry to re-introduce credit-linked capital subsidy s...