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MSMES FUNDING SHORTFALL
Four myths about the falling rupee and what India must actually doIndia's rupee is facing pressure from global events. The nation needs a plan to tackle weaknesses that amplify these impacts. Energy indepe...- Startups led by women receive just Rs 4 out of every Rs 100 raised by founders: ReportWomen founders in India still struggle to secure venture funding, receiving only Rs 4 of every Rs 100 raised, according to a report by Kala...
- Lending firm Prayaan Capital raises Rs 110 crore from Peak XV PartnersNon-banking finance company Prayaan Capital has raised Rs 110 crore led by Peak XV Partners, according to a statement. Former Five Star Bus...
- Working capital must move at the pace of global trade: Drip Capital's Pushkar MukewarDrip Capital has crossed $8 billion in global trade transactions. The fintech addresses a significant credit gap for Indian MSME exporters....
- We are hoping to be closer to 25% of MSME lending in India in 2-3 years: SIDBI’s Prakash KumarPrakash Kumar, DMD, SIDBI explains the various initiatives being undertaken by them to reform the MSME ecosystem and why bringing more micr...
- CredRight raises Rs 78 crore from Michael and Susan Dell Foundation, Blacksoil and YourNest among othersCredRight, which focuses on financial inclusion by providing much-needed institutional debt capital to MSMEs in Tier 3 and 4 towns, will ut...
- Affordable housing gets further boost with higher PMAY, infrastructure allocationFinance Minister Nirmala Sitharaman has announced a 66% increase in the outlay for PMAY scheme to over Rs 79,000 crore and this is expected...
- MSMEs bounce back with normalising repayments: SIDBI MD Sivasubramanian RamannSivasubramanian Ramann tells ET that the lender is leveraging the technology platforms from NSEL portal to GST network to cut its loan disb...
- Tightrope walk: Govt needs to balance growth support & fiscal prudence this BudgetMeasures for improving business climate, more medium term plan for manufacturing and infrastructure and a fiscal roadmap could be on the an...
- India Inc has a long wishlist but first wants to know how much govt can spendThe Confederation of Indian Industry suggested the government extend coverage under ECGLS to stressed sectors, including civil aviation, ho...
- ETRise Top MSMEs Ranking: Union Bank CMD says conventional credit worthiness model does disservice to millions of entrepreneursUnion Bank follows the mantra of ‘Adequate Credit at Appropriate Time’ for MSMEs. It has worked to enhance access and improve the service e...
- The trick to creating millions of jobs: Go greenAdoption of green technologies by industries will result in fast approval by the government and millions of new jobs can be created by swit...
- Will govt spend part of Rs 1.76L cr to stem longest slowdown in a decade?A major part of the transfer is likely to be used to make up for the tax revenue fall.
- Dear FM, D-Street wants balance between hopes & fiscal commitmentsThe government will have limited room for introducing significant changes.
- Alternate lending platforms are fixing India's financial inclusion problem, becoming enablers for SME fundingThe Indian government has been trying hard to mobilize credit and funding for this critical sector of the nation's economy, but has found c...
- Demo & GST: Empirical evidence shows MSMEs yet to recover from the twin economic measuresAfter studying the impact of GST and demonetisation on the MSME sector, it is clear they have been hit hard. The sector now awaits brighter...
- ‘Jai Kisan’, ‘Jai Ex-Jawan’: How Modi govt's pre-election budget is aimed at pleasing massesGiven the Gujarat election results and widespread farm distress, this had to be a ‘Jai Kisan’ Budget. Higher MSPs could end up stoking infl...
- Bullet train projects: A $51 billion gold mine in making for MSMEsCollectively 28 per cent MSMEs in the special purpose machineries, fabricated metals and printing among other sectors will gain from these ...
- MSME sector undercapitalized, role of bank finance crucialMSMEs are engines of growth and employment generation in the country. The sector has discussed problems arising due to scarcity of capital.
- 'Need more venture investment in SMEs'Last week, a task force on MSMEs presented a report to prime minister Dr Manmohan Singh, highlighting its recommendations on various issues...
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