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FINANCIAL ASSISTANCE FOR MSMES
India’s trade strategy: Moving beyond FTAsCurrently, India’s FTA utilisation rate hovers around 25% compared to 70-80% in developed economies.
Farm credit demand likely to stay strong in FY27 on higher input costs, agri investments: NABARDAgricultural and rural credit demand is projected to remain strong through 2026-27, driven by rising input costs, expanded Kisan Credit Car...
Over 60% of pharma MSMEs yet to comply with updated manufacturing normsPharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shorta...
Banks sanction Rs 35,000 cr loans under ECLGS to MSMEs to deal with West Asia crisisBanks have disbursed Rs 35,000 crore in loans under the Emergency Credit Line Guarantee Scheme. This initiative supports MSMEs and industri...
Born out of microfinance, Bandhan Bank now bets big on AI and digital bankingAs Bandhan Bank accelerates its transition from a microfinance-led institution into a universal bank, Executive Director & COO Ratan Kumar ...
Uber's India data centre bet; Cyber cover meets AI riskUber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.
Vijay sworn in as Tamil Nadu CM: Here's what TVK promised ahead of Assembly pollsTamil actor Vijay's party, Tamilaga Vettri Kazhagam, has taken charge as Tamil Nadu's new government. Vijay is now the Chief Minister. The ...
Relief now, risk later? ECLGS 5.0 aims to ease MSME stress, industry flags risks in moratorium termsECLGS 5.0 is meant to cushion MSMEs from the impact of the US-Iran war, but will it really help small businesses, industry questions.
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...
UDF releases manifesto for Kerala Assembly polls, promises free bus travel for womenThe Congress-led UDF has unveiled its manifesto for the Kerala Assembly polls. Key promises include free bus travel for women across the st...
Government invites proposals under PRIP scheme for industry, startup projects; may provide assistance up to ₹100 crThe government has invited applications for its Rs 5,000 crore Pharma-MedTech innovation scheme, aiming to support around 300 projects in n...
Nirmala Sitharaman launches National MSME Cluster Outreach Programme; inaugurates new SIDBI Branches in BengaluruFinance Minister Nirmala Sitharaman launched a national program to boost financial access for Micro, Small, and Medium Enterprises (MSMEs)....
Pharma MSMEs can get govt help to upgrade facilitiesThe health and family welfare ministry has made good manufacturing practices mandatory for pharma companies. A recent notification by the m...
O2 supply companies to get loans from Sidbi at 4.5-6%Under the SHWAS (Sidbi assistance to Healthcare sector in War Against the Second wave of Covid) scheme, MSMEs engaged in manufacturing of o...
Haryana to give financial assistance to MSMEs for patentsTo promote patent registratoin among enterprises and protect their innovation, the state government has implemented the 'Patent Registratio...
Need to revive over 30,000 sick MSME units in Maharashtra: MinisterThere is a need to revive over 30,000 sick MSME units in Maharashtra as the sector is one of the largest contributors to the state's GDP, I...
- Sidbi to get Rs 1,800 cr from JICA
The agreement signing comes at a time when Prime Minister Narendra Modi is on a 5-day official visit to Japan for boosting bilateral ties.
- Sidbi plans two special schemes for MSMEs
Sidbi said it plans to launch two schemes -- growth capital and equity assistance for MSMEs (GEMS) and FACE -- for providing funds to the M...
- Orissa soon to launch VC fund for MSME on PPP model
In a bid to boost the start up micro, small and medium enterprises (MSMEs), Orissa government is mulling over an idea to launch MSME Ventur...
- Financial assistance to MSMEs to go up to 80 pc
The Government has proposed to raise financial assistance to the existing clusters of micro, small and medium enterprises (MSMEs) up to 80 ...