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BUDGET 2024 MSME
Viksit Bharat will be built on capability, not just cost advantage: Hemant Jhajhria of KPMG IndiaIndia is at a pivotal moment in global manufacturing. Micro, Small, and Medium Enterprises are key to this transformation. They must shift ...
Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
As India's MSME sector matures, IDBI Bank's Sumit Phakka says the lending framework must keep paceIndia's small businesses are now driving economic growth. New government budgets are boosting MSME financing and support. Digital tools are...
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...
Budget 2024: Industry leaders weigh in on India's path to growth and innovationThe budget emphasises technology, with increased funding for research and development, also prioritising digital infrastructure, and women'...
Budget 2024: Which MSME schemes got more money and which ones have lost outThe budgetary allocation in 2024-25 for something remains identical to the budget estimates of 2023-24 at Rs 22,137.95 crore.
Budget 2024's boost for students and small business aspirationsThe finance minister introduced several measures in the budget to support students and small businesses, including interest subvention on e...
India Budget 2024: Finance Minister Sitharaman extends a helping hand to MSMEsBudget 2024: Finance Minister Nirmala Sitharaman announced a new credit guarantee scheme aimed at facilitating term loans for Micro, Small,...
Budget 2024: Experts say new MSME credit assessment model, NPA shield strengthen small businessesPublic sector banks will take a lead in developing a new credit assessment model on the basis of digital footprints of MSMEs, the FM had sa...
Industrial building regulations restrict manufacturing capacity: Economic SurveyThe needs to rationalise building regulations to allow manufacturers use their land more constructively, says the Economic Survey 2024.
Deregulation is vital for growth of MSMEs: Economic Survey 2024The survey notes that easing compliance, deregulation and robust export policy is crucial for growing the country’s ‘Mittelstand’.
ET Budget Survey: 50% say unemployment is top challenge for IndiaBudget 2024: India aims to become the third-largest economy by 2030 and a developed nation by 2047 under its Viksit Bharat vision. However,...
Budget 2024 should allow professionals to switch between new and old tax regimes annually like individual taxpayers: Expert viewBudget 2024 expectations: Option to choose tax regime every year while filing income tax return, reduction of income tax rate, simplificati...
Budget 2024: More focus on schemes such as RAMP, TUF can boost MSMEsThe MSME sector expects the government to expand the major financial and technical support schemes to encourage innovation and expansion.
Budget must focus on employment generation, boost to manufacturing sector: EconomistsEconomists attending the pre-Budget consultation with Finance Minister Nirmala Sitharaman emphasized the need for the upcoming Budget to pr...
Timely finances, tech for MSMEs key policy priority: FM Nirmala SitharamanThe government has prioritised the development of micro, small and medium enterprises (MSME) and introduced various initiatives to support ...
Interim Budget 2024: MSMEs want to see execution of policies, express cautious optimism on announcementsAmong some of the measures announced include the establishment of a corpus of Rs 1 lakh crore to give interest-free loan for tech-savvy you...
Entity DigiLocker for businesses close to being operationalised: Interim Budget 2024According to the Ministry of Micro, Small and Medium Enterprises, the Entity Locker Service will allow company directors or MSME proprietor...
Interim Budget 2024: MSMEs demand FM’s attention to resolve bank loan ratings system issuesIndustry body FISME has urged a revision of the Banking Ombudsman Scheme and removal of BLR ratings for MSMEs.
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...