Page 20 - Msmes

Save MSMEs from closure to protect country's industrial capital: economists

If small units shut down, it will lead to more imports and eventually inflation for years to come, they said at a webinar on Tuesday

If govt does not take immediate fiscal steps, MSMEs will die: Pronab Sen

Sen said that while the lockdown had created supply side shocks, these had transformed into demand side issues now when the lockdown was being lifted.

India saw nearly Rs 25,000-cr wilful defaulter cases even before lockdown

Nationwide lockdown to contain the pandemic may force more business to default on loans, say analysts

Many MSMEs are approaching banks for collateral-free loans: Survey

The rating agency said the survey was conducted over 2 weeks - between June 23 July 7 - and saw the participation of 345 respondents from a cross-section of sectors

Banks sanction Rs 1.14 trn loans to MSMEs under credit guarantee scheme

Under the ECLGS, the loan amounts sanctioned by PSBs increased to Rs 65,863.63 crore, of which Rs 35,575.48 crore has been disbursed as of July 4

Pharma SMEs will overcome short-term disruptions: CRISIL SME Tracker

Short-term disruptions include high input costs and various operational challenges.

Banks disburse over Rs 52,255 crore to MSMEs under credit scheme

However, this is against the sanction of Rs 1.10 trillion under the 100 per cent ECLGS for micro, small and medium enterprises (MSMEs) till July 1.

RBI asks banks, NBFCs to reclassify MSMEs as per revised criteria

Last month, the government notified new criteria for classification of micro, small and medium enterprises (MSMEs) on the basis of turnover and investment in plant and machinery

India to ban Chinese firms from highway projects, including JVs: Gadkari

Gadakri also said the government will ensure that Chinese investors are not entertained in various sectors like MSMEs

India's electricity output signals recovery in June, shows govt data

June power generation fell 9.9%, a Reuters analysis of daily load despatch data from federal grid operator POSOCO showed, compared with a 14.3% decline in May.

Banks sanction over Rs 1 trn in loans to 300,000 MSMEs under credit scheme

The scheme is the biggest fiscal component of the Rs 20-trillion 'Aatmanirbhar Bharat Abhiyan' package

Payment of advance does not create lien over supplier's assets: Expert

Your rights arise only from the contract between you and the supplier, say expert

Flipkart says 90% sellers back on platform, 125% rise in new MSMEs

Uttar Pradesh, Maharashtra, West Bengal, Delhi and Tamil Nadu are the top states where local MSMEs have shown maximum interest in taking their businesses online

SBI sanctions Rs 20,000 cr loans to MSMEs under credit guarantee scheme

SBI's SME loan portfolio shrunk by 7.27 per cent to Rs 2.67 trillion in March 2020 from Rs 2.88 trillion in March 2019

Gadkari asks govt to allow export as PPE production hits 800K units a day

The recommendations from the report Improving Economic Dynamism and Accelerating MSME Growth are likely to help MSMEs 'Survive, Revive, Thrive and Sustain'

MSMEs may need massive restructuring post moratorium, says industry

Most small businesses have started opening up with Unlock 1.0 but continue to remain under stress due to lack of demand

BS READS: What Rs 50,000-crore MSME Fund can learn from its start-up sister

The Rs 50,000-crore MSME fund of funds has an uphill task ahead, but there's plenty it can learn from problems with the Rs 10,000 crore start-up fund of funds launched five years ago

Gadkari launches credit guarantee scheme worth Rs 20,000 cr for MSMEs

The scheme seeks to extend support to the promoters of the operational MSMEs that are stressed and have become NPAs as on April 30, 2020

Banks sanction over Rs 79,000-crore loans to 1.9 mn MSMEs, says govt

The top lenders under the scheme are SBI, HDFC Bank, Bank of Baroda, PNB and Canara Bank

MSMEs may see another round of restructuring as RBI moratorium eases

Small businesses remain under stress as India ends lockdown to contain coronavirus outbreak