One crore MSME borrowers given Rs 1.65 lakh cr support under ECLGSUnder the scheme, MLIs are provided 100 per cent guarantee against any losses suffered due to non-repayment of ECLGS funding by borrowers.
29 Jul, 2021, 04.18 PM IST
Despite recast, significant stress seen among MSMEs - RBI“Despite the restructuring, however, stress in the MSME portfolio of PSBs remains high,” the regulator noted. “While PSBs have actively res...
01 Jul, 2021, 08.01 PM IST
19 million masks, 100,000 liters of sanitizer: How women entrepreneurs in India’s hinterland stayed afloat in a collapsing economyWith minimal infrastructure, absence of any manufacturing unit and machines, women entrepreneurs across India’s remote villages and distric...
27 Jun, 2020, 02.17 PM IST
World MSME Day: Small businesses deserve genuine support to return to vibrancyMSMEs are an important part of larger national and global value chains and their health has a bearing on supply chains overall and indeed t...
27 Jun, 2020, 11.56 AM IST
With losses of Rs 1,000 crore a day during lockdown, the auto component sector is hammered by the pandemicThe auto industry pinned their hopes on 2020 for a revival after 2019 proved to be a forgettable one as sales plummeted to decades low. Lit...
25 Jun, 2020, 12.48 PM IST
The other stock exchange: Why a lucrative way to fund a business has remained largely untappedBeing user friendly and with less compliance, SME exchanges were supposed to be a panacea for cash strapped small businesses to find fundin...
24 Jun, 2020, 11.29 AM IST
Innovation in a crisis: Restaurants are taking on Zomato, Swiggy on their home turfThe Covid sledgehammer to the restaurant industry has been brutal, but the sector is not going to roll over and die. Using the pandemic to ...
23 Jun, 2020, 12.39 PM IST
To counter China in electronics manufacturing, need to enable Indian giants like Jio to step up: MAIT’s Nitin KunkolienkerIndia’s electronics manufacturing suffers from years of neglect and flawed policies.
22 Jun, 2020, 01.18 PM IST
Shape of your factory: Manufacturing in the post-pandemic eraAn increased input cost is very likely to emerge across the board for industrial production. Whether by buyer compliance or by governmental...
19 Jun, 2020, 11.04 AM IST
Only 30 to 40% MSME units have opened for work in Unlock Phase 1: FISME’s Animesh SaxenaEven as factories around the country open up gradually, the fear of Covid-19 remains. Migrant workers are reluctant to come back. Most SMEs...
18 Jun, 2020, 03.05 PM IST
Tanneries in tatters: Country’s leather sector on the verge of collapseWith payments worth crores stuck overseas, the Indian leather sector has been hit hard by the economic fallout of the pandemic. Without gov...
18 Jun, 2020, 11.38 AM IST
10%, 20%, 30%. Where will exports bottom out this year?Exports have been hit hard in the face of the Covid-19 pandemic. As the world emerges from lockdown, Indian exporters are pinning hope on C...
16 Jun, 2020, 06.13 PM IST
Anti-China sentiments can be used to expand our agricultural products to the world: Ajay Sahai, FIEOGlobally, people are apprehensive to buy edible products from China. India can export fruits, vegetables, processed food, cereals, tea, mar...
15 Jun, 2020, 11.50 AM IST
Emergency Credit Line Guarantee Scheme: From eligibility to interest rate, everything about Government's Rs 3-lakh crore collateral free loanTo keep things simple, the scheme has an automatic pre-approve mechanism, which means you do not have to approach the lender for the loan. ...
05 Jun, 2020, 09.49 AM IST
Gearing up for the new normal: How SMEs can manage their finances better in the post-COVID economyBusinesses can be small in size, but big in reach, so that they are not at the mercy of a handful of customers. Digital can be truly empowe...
04 Jun, 2020, 07.10 PM IST
Government’s Covid-19 insolvency relief may be a double-edged swordThe directives of the Central Government to tide over these trying times are laudable. However, many of these changes are myopic and will c...
30 May, 2020, 11.45 AM IST
SAFE and SMILE, two SIDBI schemes that can help you raise money during Covid-19Finding money and funding for your business has become very difficult. However, two SIDBI schemes can provide some succor.
12 May, 2020, 11.26 AM IST