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MSME COMMITTEE
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...
BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
Shobha Karandlaje seeks CBI probe into Bengaluru's Rs 39,437 crore waste management tenderUnion Minister Shobha Karandlaje has demanded the Karnataka government halt a massive waste management tender. She alleges serious irregula...
Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
Stronger push for accountability: Evaluation tightened, faltering CPSEs to face strict penaltiesNew performance rules for central public sector enterprises have come into effect. Strict penalties will be applied for not meeting corpora...
Textile industry seeks removal of cotton import dutyIndia's textile sector faces challenges from high cotton prices and declining production. The industry is urging the government to cut impo...
Cabinet clears Emergency Credit Line Guarantee Scheme 5.0 to cushion MSMEs, airlines amid Gulf warThe government has approved a new credit scheme, ECLGS 5.0, to support airlines and small businesses facing economic challenges. This initi...
Branching out just got easier for NBFCsThe Reserve Bank of India has eased branch opening rules for NBFCs. This move helps gold loan NBFCs expand their reach. It allows them to p...
US Section 301 probe: India textile body TEXPROCIL pushes back on USTR excess capacity allegationsTEXPROCIL has responded to US investigations on excess manufacturing capacity and forced labor. The Indian textile body rejects these claim...
Workers' protest: UP govt forms high-powered panel to address Noida unrest, probe 'vested interests'Uttar Pradesh government forms a high-powered committee to address the Noida factory workers' protest. The committee will engage with worke...
RBI rate hikes look inevitable in 2026: How it can impact banks, realty, rate sensitive stocksAmidst geopolitical tensions and rising inflation fears, analysts anticipate the RBI may hike its policy repo rate by 50 basis points in 20...
Cabinet clears Rs 6,062 cr World Bank-assisted programme for MSMEsThe Union Cabinet has approved a World Bank-assisted Rs 6,062 crore funding programme for the small and medium businesses to help improve t...
Simpler set of laws soon for MSME sectorMSMEs in services have increased in number and range of activities.
C sets up panel under UK Sinha to study MSMEsThe committee will suggest long-term solutions for the economic and financial sustainability of the micro, small and medium enterprises, RB...
RBI's MSME committee calls for public suggestions to identify issues“The Committee is undertaking a comprehensive review of the sector to identify causes and propose long term solutions for its development. "
New MSME policy to be in place in OctoberThe MSME minister said the government is committed to providing all necessary support to entrepreneurs to enable them compete with rest of ...
New Micro Small and Medium Enterprises policy soon: Kalraj MishraThe policy will address the issues such as the capital and number of employees for the purpose of defining any industry or enterprise.
Measures to promote MSME export on anvilThe government is contemplating additional incentives for the MSME sector with a view to boost exports and to help arrest the decline in va...
DIPP Secretary to head inter-ministerial panel on MSMEThe government today set up an Inter-Ministerial Committee to look into issues faced by small units and suggest ways to boost the manufactu...