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MSME BUDGET
Team Europe to visit Assam on June 8-9 to launch India's first Blue Valley clusterGuwahati, Assam, is preparing to welcome a distinguished European Union delegation on June 8-9, as part of a mission to strengthen ties bet...- Over 60% of pharma MSMEs yet to comply with updated manufacturing normsPharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shorta...
- Indian banks more exposed to West Asia crisis among APAC region: Moody'sIndian banks face significant exposure due to energy import reliance. Higher fuel costs will strain consumers and businesses, increasing cr...
- UP CM Yogi Adityanath calls for COVID-like national spirit to tide over West Asia crisisUttar Pradesh Chief Minister Yogi Adityanath urged citizens to embrace self-reliance amid West Asian crises. He highlighted the state's sig...
- Viksit Bharat will be built on capability, not just cost advantage: Hemant Jhajhria of KPMG IndiaIndia is at a pivotal moment in global manufacturing. Micro, Small, and Medium Enterprises are key to this transformation. They must shift ...
- Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
- Indian cyberwatchdog warns MSMEs are facing higher AI-driven cyber attack threatsIndia’s cybersecurity watchdog, CERT-In, has issued a stark warning regarding the evolution of AI-driven cyber threats. By automating the i...
- Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
- TReDS tweak to ease MSME credit flow amid global pressureBanks are set to boost credit flow to MSMEs as regulators ease onboarding for the Trade Receivables Discounting System (TReDS). This move a...
- As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
- MSMEs seek force majeure relief amid Gulf war disruptionsSmall businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to g...
- Union Budget 2025 receives mixed reactions from Ludhiana’s MSMEsThe announcement to increase the threshold of MSME turnover criteria from Rs 250 crore to Rs 500 crore has raised concerns among local indu...
- Firms up to Rs 500 crore are now medium; MSMEs get a new definitionAccording to the Budget 2025, MSMEs with investments up to Rs 2.5 crore will now be classified as micro enterprises, an increase from the p...
- How the Budget can make India's 63 million small businesses contribute to a higher GDP growthThe MSME sector has the potential to contribute 40% to GDP by 2030 with the right investments and reforms. Factoring in this key segment in...
- Budget 2024: Which MSME schemes got more money and which ones have lost outThe budgetary allocation in 2024-25 for something remains identical to the budget estimates of 2023-24 at Rs 22,137.95 crore.
- Budget 2024: Experts say new MSME credit assessment model, NPA shield strengthen small businessesPublic sector banks will take a lead in developing a new credit assessment model on the basis of digital footprints of MSMEs, the FM had sa...
- Interim Budget 2024: MSMEs want to see execution of policies, express cautious optimism on announcementsAmong some of the measures announced include the establishment of a corpus of Rs 1 lakh crore to give interest-free loan for tech-savvy you...
- Budget 2023: MSMEs set to get money on time as deductions go to actual paymentsMSMEs are supposed to receive payments within 45 days if there is an agreement and/or within 15 days, if there is no agreement,” said Sanja...
- Budget 2023: Sitharaman enhances presumptive taxation limits for MSMEs, certain professionalsMicro enterprises with a turnover of up to Rs 2 crore and certain professionals with a turnover of up to Rs 50 lakh can avail the benefit o...
- MSMEs hope for new policies, reshuffle in the fund distribution in the budgetThe unemployment rate and economic growth will be adversely affected if the government fails to provide adequate support to the sector as i...
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