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CREDIT TO SICK UNITS
Life on Rs 11,000 a month in Noida: How workers survive on minimal salaries amid rising LPG prices and high rentIn Noida’s industrial belt, thousands of factory workers are struggling to survive on monthly wages of around Rs 11,000–Rs 14,000, pushing ...- Jindal Stainless's net worth falls 92%, eyes monetising assetsIt had reported Rs 103.90 crore loss in 2011-12, Rs 820.82 crore loss in 2012-13 and Rs 1,390.09 crore loss in 2013-14.
- UP needs policy to revive sick industrial units: AssochamAssocham today suggested formation of a high-power committee to draft an effective policy to accelerate the growth and development process ...
- Over 88,500 MSMEs are sick, face challenges like lack of demand and inadequate credit : KH MuniyappaThe government today said there were over 88,500 sick Micro, Small and Medium Enterprises (MSMEs), which have been facing challenges like l...
- RBI announces new guidelines for rehabilitation of sick MSEsRevising definition of sickness in micro and small enterprises (MSEs), the Reserve Bank today asked banks for timely and adequate assistanc...
- RBI to come out with new definition of sick units soonThe Reserve Bank will come out with a new definition of sick units shortly, RBI Deputy Governor K C Chakrabarty said today.
- RBI for setting up of rehabilitation fund for sick MSMEsThe Reserve Bank has suggested setting up a rehabilitation fund for reviving sick micro, small and medium enterprises (MSMEs) in the wake o...
- Need to redefine sick industrial units, says KC ChakrabartiRBI Deputy Governor K C Chakrabarti said efforts were on to redefine what makes an industrial unit sick, which will help bring down delinqu...
- West Bengal government will take back unutilised land of SMEsWest Bengal government will take back the land given to small sector entrepreneurs if they failed to utilise the land for setting up indust...
- Sick micro & small enterprises reduce to 90,141 in FY11Number of sick MSEs in the country has reduced to 90,141 at the end of the last fiscal from 1.14 lakh units in March 2007.
- 1016 small units in Orissa shut down, 667 revivedOrissa has identified 1690 units in micro, small and medium enterprises [MSME] sector as sick of which 1016 are prima facie not viable.
- MSEs running below capacity due to fund shortage: AssochamIndustry chamber Assocham has called for setting up a separate fund for the micro and small enterprises sector to ensure better flow of fin...
- Fin Min, RBI to direct banks to step up credit to MSMEThe Finance Ministry and the Reserve Bank will issue directions to the banks to step up credit for micro, small and medium enterprises.
- India reaping benefits of bank nationalisation: MukherjeeThe nationalised banks in the country are making healthy progress and making profits while many private banks in the Western countries have...
- Steps to revive 1,262 sick units in MSME sectorMSME minister Mahabir Prasad, said as per the RBI data the number of sick MSMEs in India is 85,187 (till March, 2008), of which 1,262 have ...
- Over 85,000 MSME sick units in India: MSME MinisterIndia has over 85,000 sick micro and small enterprises, with UP at 16,280 accounting for highest number of units, Minister of Micro, Small ...
- Govt to set up panel to evaluate sick units in MSMEThe government will soon set up a committee to look into reasons behind sick industries in the Micro, Small and Medium Entreprises (MSME) s...
- J&K sick units await helpRehabilitation of J&K’s few hundred sick industrial units still eludes a comprehensive response despite the issue being taken up at the hig...
- RBI to set rules for one-time settlement of sick SSI duesThe Reserve Bank of India will soon announce the guidelines for banks to restructure the accounts of sick small scale industry units.
- 30-40 items to be de-reservedAnother 30-40 items are expected to be de-reserved by the end of this fiscal. Further, an increase in the investment limits for another thr...
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