Page 14 - Msmes

Revoking of CVD, ADD to hurt earnings of domestic stainless steel industry

"Traders are expected to stock up cheap imports creating huge inventories in the coming months ahead of an anticipated demand boom in the sector," said an official of a large stainless steel firm

Chinese steel mills may gain from customs duty cut announced in Budget

The cut has failed to rein in prices, as domestic steel mills raised flat steel prices by about Rs 1,500 a tonne after the announcement

MSMEs seeking factoring credit should get ratings: Parliament panel to govt

There is often delay in MSMEs getting payment against their bills for supplying to various buyers

Budget a booster shot for India, has ambition, resolution and innovation

It was one of the toughest times in history to announce a budget, writes Harsh Goenka.

Govt reduces customs duty on certain steel items to provide relief to MSMEs

The government looks to provide relief to MSMEs which have been hit hard by high cost of raw materials

Govt provides Rs 15,700 crore for MSME sector in Union Budget 2021

Union Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22."We have taken a number of steps to support the MSME sector in this budget. I have provided Rs 15,700 crore more than double the previous year," said Sitharaman while presenting the Union Budget in the Parliament."Financial Inclusion: To further facilitate credit flow under the scheme of Stand Up India for the Scheduled Caste and Scheduled Tribes and also women, I propose to reduce the margin money requirement from 25 per cent 15 per cent only and to also include loans for activities in allied activities in agriculture," the Finance Minister added.The Union Budget 2021-22 proposals rest on six pillars: Health and well-being, physical and financial capital and infrastructure, inclusive development for aspirational India reinvigorating human capital, innovation and R & D, minimum government and maximum ...

Budget 2021: Rahul Gandhi demands support to MSMEs, farmers, workers

Ahead of the presentation of the Union budget, Congress leader Rahul Gandhi on Monday said it should provide support to small and medium enterprises, farmers and workers, and generate employment

Budget Byte: Banks' non-performing assets likely to bulge in 2021

This daily series of graphs provides context to some of the critical issues relating to the Union Budget on February 1

Companies call for demand creation and income tax relief in Budget

Only 28 per cent in Ficci survey are for fiscal consolidation

SMEs, real estate to drive asset quality deterioration in India, China: S&P

Emerging markets face slippage, volatile capital flow risks

What FM Sitharaman may and may not do in her promised 'never-before' Budget

Wish lists are routine as the govt prepares its annual Budget. But its finances are stretched and the pandemic isn't over. Akash Podishetty lists what the FM could announce in the Budget on Feb 1

Statsguru: Bank lending in the slow lane amid Covid-19 pandemic

In a period of slowing credit growth, only PSUs have sequentially borrowed more, and that too, only from private banks

Relaxed norms to help MSMEs get AEO recognition

At present, there 791 entities with AEO-LO recognition, 3,206 parties with AEO-T1 recognition, 581 parties with AEO-T2 recognition, and 20 parties with AEO-T3 recognition

21% startups and MSMEs benefited from govt Schemes in 2020: Survey

For many years now, startups and MSMEs have been reeling under the complex burden of India's difficult taxation policies

Retail and SME loans set for litmus test in 2021 as stress levels may rise

Little leeway on pricing and asset quality at a tricky level could places both segments in a tight spot

Banking on Budget: Hope and reforms amid pandemic and fiscal deficit

The government has taken laudable steps to support and propel the economy in these difficult times, but a lot more still needs to be done, writes Vikas Vasal

Budget Byte: Post-pandemic Budget will need to focus on ignored sectors

MSMEs, education, India's police forces might need more support in the coming year to realign their development and spending goals

FinMin backs new GST rule, says it's not for MSMEs, certain I-T payers

Asserts that the move to ask companies above a threshold to pay one per cent of GST liability in cash targets fake invoicing

MSMEs, small dealers not to be affected by 1% cash GST payment rule

Small businesses and dealers will not be impacted by the new government rule of paying at least 1 per cent of GST liability in cash

Transport costs up 12% due to farmers stir: Ficci's MSME confederation

It pegged the daily loss to the businesses at about Rs 3,000 crore, which would mount if the situation is not addressed