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MSME DAY 2021
Exports of defence items, technology to reach Rs 17,000 crore in FY23The four-day India MSME Defence Week seeks to create linkages for the Indian MSMEs in the defence sector.- MSME Day 2022: The architecture for India’s stronger, equitable economic growthBuilding resilience is the key as we enter a phase where we suffer from the pandemic’s knock-on effects on talent, supply chains, food, inf...
- Assam MSME Act: If govt fails to recommend the licenses within 30 days then they are deemed to be approvedPatowary at the MSME Conclave organized by CII said, “Growth of MSMEs will ensure employment generation and socio-economic development of o...
- Banks brace for stress in MSME books as recast window shutsBanks are closely watching their micro, small and medium enterprises (MSME) portfolio for signs of stress after the deadline for implementa...
- Loans worth Rs 2.82 lakh cr sanctioned to MSMEs under collateral-free loan scheme: RaneThe government has the operationalised Rs 3 lakh crore collateral-free loan scheme with effect from May 23, 2020 which is likely to benefit...
- 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.
- MOOWR– A new warehouse scheme can play a key part in India’s tradeThe revised scheme has caught the attention of many corporates in India and some large multinational companies are considering this option ...
- 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...
- 'Supply chain issues play spoilsport in electronics hardware export'A trade war is going on between China and the US. This is an opportunity for India and we can become the right global sourcing hub for elec...
- World MSME Day 2021: Putting MSMEs at the heart of inclusive and sustainable recoveryAcross the board, services sectors appeared more severely impacted than manufacturing, particular in the hospitality, travel and related se...
- No respite to the shipping crisis and that’s bad news for Indian SMEsIn India, October is the onset of the holiday season, similar to that in the US. Hence, it is usually the time when demand for certain manu...
- India’s free trade agreements are ‘hurting domestic firms’. Here’s the formula to make FTAs workThe country has relied on FTAs to improve its trade reach. But these agreements are made in such a way that it hurts, instead of stimulatin...
- Ever Given operator says more time needed for ship releaseSCA agreed to settle with the owners of the Ever Given, having initially demanding $916 million in compensation to cover salvage efforts, r...
- Multilateralism in crisis: Can the world live without WTO?In an age of rising protectionism and trade wars, the future for globalisation and the organisation that champions it, looks bleak.
- India's apparel exporters stare at a rough patch amid Covid lockdownThe next six months will be tough, an exporter said, worried that a long spell of lockdowns could cost them the Christmas business season. ...
- RBI announces slew of measures for MSMEs battered by Covid second waveFor enhancing credit to MSME entrepreneurs, the RBI Governor mentioned that in Feb 2021, the scheduled commercial banks were allowed to ded...
- RBI Monetary Policy Report: India’s exports in expansionary zone from December 2020The month of March, incidentally, had brought cheer and hope for the sector as exports showed a whopping double digit growth of almost 58.5...
- India’s trade agreements need to be revisited and corrected: Arvind Goenka, Chairman, PlexconcilPlastics are one of the most versatile products used in many key industries. This product suffered heavily during the 2020 lockdown. In an ...
- Plastics, petrochemicals should be included in the PLI scheme: Arvind Goenka, Chairman, PlexconcilWith more than 30,000 processing units, India's plastic goods are exported to over 200 countries, but the sector is facing many structural ...
- For two-thirds of the jobs worldwide, economic recovery from Covid-19 will be ‘U’ shaped: UNCTADIt will not be a quick ‘V’ shaped recover for most businesses, but a slow, long-drawn process.
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