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MSME BUDGET 2022
Exports grow at estimated 20 pc CAGR between FY24- 26 due to RoDTEP scheme: OfficialExports under the RoDTEP scheme are projected to grow over 20% CAGR from 2023-24 to 2025-26, despite global economic challenges. The scheme...
Where’s the money? Can the Budget pull exporters out of their credit crunch?As MSME exporters continue to grapple with access to credit issues, experts believe formalising the sector along with changing lending mind...
Digital advances and subsidies propel the state’s thriving MSME sector, says Shashi Panja, Minister of Industries, West BengalAt the ET Make in India SME summit’s Kolkata edition, Shashi Panja highlighted the various policies adopted by the TMC government to suppor...
Budget 2024: MSME expects special package from Sitharaman on February 1MSME sector urges Finance Minister Sitharaman for special package in interim Budget 2023-24 to ensure increased access to credit at competi...
ET MSME Awards: Grand Finale event celebrates excellence in the MSME sector, awards 26 micro, small, medium enterprisesThe Grand Finale and Felicitation Ceremony of the ET MSME Awards 2o22, a celebration of the success of the Indian MSMEs, featured several i...
Rs 3.7 lakh crore already released for MSME sector under ECLGS: Bhanu Pratap Singh VermaSpeaking at the ET MSME Awards 2022, the Minister of State outlined government efforts to support the MSME sector in the country and the ro...
Union Budget 2023: MSME sector lauds revamped credit guarantee scheme, hails measures to revive the fund-starved sectorIndustry players say the budget has various measures to address the problems of small businesses.
MSME sector to achieve mid-teen growth in fiscal 2022 says studyThe sector accounts for 27% of GDP and is crucial to the functioning of the economy, including in terms of employment generation, exports, ...
Highest capex allotment in Budget 2022 will fast-track MSME sector developmentThe pandemic has stunted the growth of the economy because capital expenditure in the country, specially by the private sector, had been li...
Budget reactions: What MSMEs & experts have to say about FM's blueprint for next 25 yearsThe extension of ECLGS scheme by Rs. 50,000 upto March 2023, with a special focus on ailing hospitality sector is crucial to facilitate its...
ECLGS extension a plus in Budget, but interest subvention, lack of opportunity in PLI are big missesThe sector is happy that the government is giving some priority to MSMEs, but also rue the fact that there are no specific measures for sma...
Budget 2022-23: Budgetary allocation rises for MSMEs but some key schemes see a cutA significant takeaway of the FM’s Budget speech was that she extended the Emergency Credit Line Guarantee Scheme (ECLGS) to March 2023.
What do the Budget 2022 numbers tell us?The FM has managed to strike a healthy balance between promoting growth through boost to public and private investments while maintaining f...
Budget 2022-23: Sops for capex, infra, MSME, electric vehiclesThe government continues to provide increasing use of clean energy and EVs. Public transport would increasingly have a higher usage of EVs.
Budget should focus on prioritising infrastructure led capex to facilitate broad-based recovery: Pawan Munjal“MSME has been one of the sectors, most adversely affected by successive waves of coronavirus. To revive the sector, the Emergency Credit L...
What can MSMEs expect from Budget 2022To accelerate Atmanirbhar Bharat Abhiyan the government must revisit and reduce the duties and taxes on capital goods to encourage small en...
Budget 2022 will be MSME and Export Oriented: FIEOFIEO President A Sakthivel suggested that container manufacturing should be encouraged more so as we are also pushing coastal shipping in 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...
View: How the upcoming Budget can rev up India's economic growth engineThe challenges in the upcoming fiscal are on varying fronts ranging from the impact of the new virus variant to high level of inflation in ...
20 crore people by 2022: Can Budget 2016 help achieve skilling targets?Assuming a bare minimum skilling cost of Rs. 10,000 per student, there would be a requirement of Rs. 8,000 to Rs. 10,000 crore skilling bud...