Page 13 - Msme Sector

Fintech committee recommends new legal framework for consumer protection

The Steering Committee on fintech-related issues has also suggested cash flow-based financing for micro, small and medium enterprises

UP govt to tap World Bank arm IFC for easy capital flow to MSME sector

IFC country head likely to visit Lucknow soon to hold further talks

Ministries planning to allow small businesses to enter manufacturing sector

The MSME sector accounts for 30 per cent of the country's gross domestic product, anchoring 45 per cent of total industrial production

Stimulus package is a well-designed boost for economy: Chandrajit Banerjee

This is indeed a comprehensive package which shows that the finance ministry has been keeping its ears close to the ground

Industry backs govt's move to have a single definition for small businesses

However, they are opposing the decision to base definition only on annual turnover

Bandhan Bank to focus on affordable housing post takeover of Gruh Finance

Lender bets on MSME sector as well, starts co-branded credit card with Stan Chart

Government to launch an e-commerce portal to help SMEs: Nitin Gadkari

The minister said MSME sector is likely to contribute 50 per cent to the total GDP in the next five years

Finance Ministry tells state-run banks to shore up credit to MSMEs

Earlier this year, the RBI allowed a one-time restructuring scheme for MSMEs with a maximum exposure of Rs 25 crore

RBI panel report suggests big role for NBFCs in developing MSME sector

However, if more NBFCs are allowed in the factoring platform, MSMEs will immediately witness ready buyers, and their debtor delay and working capital cycle will improve vastly

UK Sinha panel on MSMEs submits report to RBI governor Shaktikanta Das

The eight-member committee was set up to review the framework for the micro, small and medium enterprises, and suggest long-term solutions for the economic and financial sustainability for the sector

Step up lending to MSME, agri, housing sectors: Piyush Goyal to PSU banks

Discussed measures to promote MSME loan, agriculture lending: Piyush Goyal

RBI panel on MSMEs to chalk out plan to resolve liquidity crisis in sector

The panel would cover all the factors affecting the sector's performance and what would be the viable solution for its sustainability

MSMEs demand a time period for loan sanctions and relaxed norms

The MSME bodies have demanded that central ministries clear all dues of MSMEs within a stipulated date

RBI sets up panel under ex-Sebi to suggest measures for MSMEs

"The expert committee will submit its report by the end of June 2019," it said

Traders, MSMEs saw 3.5 mn job losses due to note ban, GST, other factors

Among various solutions, AIMO pushed for the supply of raw materials such as steel and aluminium to MSMEs at a lower subsidised cost

MSME digital lending may rise up to 15-fold, hit Rs 7 trn by 2023: Reports

Roughly 40 per cent of India's MSME lending is in the informal sector, according to BCG, Omidyar Network reports

Executive overreach?

The government assuming more powers under companies law no substitute for beefing up the NCLT network

Welcome move

But zeal for helping MSMEs should be tempered with caution

Measures announced for MSMEs will add strength to the sector: PM Modi

Modi had on Friday announced a slew of measures, including sanctioning of loans of up to Rs 10 million to small and medium enterprises in 59 minutes

Early Diwali for MSME sector: Modi unveils a dozen measures ahead of polls

Modi said MSMEs can now register their complaints related to delay in payment from large firms on the MSME Ministry's Samadhan portal