Page 3 - Small And Medium Enterprises Smes
Hit by Covid-19 lockdown, start-ups and SMEs seek slew of sops from Govt
29,000 od participants in a survey offer a variety of responses, from one-time grants, to 50% staff pay reimbursements to two-year interest free loans
 "Hit by Covid-19 lockdown, start-ups and SMEs seek slew of sops from Govt")
Chemicals manufacturers brace for drop in revenues: CRISIL SME Tracker
SMEs account for 30-35 per cent of the industry (in value terms), and are clustered around Gujarat, Maharashtra and the Delhi-NCR region.
 "Chemicals manufacturers brace for drop in revenues: CRISIL SME Tracker")
Coronavirus lockdown: Rs 60k-crore income support plan for poor in works
The scheme could mean transferring Rs 5,000-6,000 into the bank accounts of 80-100 million poor families, Business Standard has learnt
 "Coronavirus lockdown: Rs 60k-crore income support plan for poor in works")
Budget's much-needed leg-up for small units: CRISIL SME Tracker
An evaluation of 13,000 MSMEs using the CRISIL Quantix database shows that working capital comprises over half of their need for debt
 "Budget's much-needed leg-up for small units: CRISIL SME Tracker")
Budget 2020: To give boost to SMEs, govt may hike custom duty on 300 items
The Commerce and Industry Ministry in its budget recommendations has proposed rationalisation of basic customs on over 300 items across sectors
 "Budget 2020: To give boost to SMEs, govt may hike custom duty on 300 items")
EPC road contractors face slower revenue growth: CRISIL SME Tracker
This is mainly due to lower investments in rural roads via the Pradhan Mantri Gram Sadak Yojana (PMGSY) and moderation in awarding by the National Highways Authority of India
 "EPC road contractors face slower revenue growth: CRISIL SME Tracker")
Tamil Nadu govt attracted Rs 5,541-crore investments from MSME sector
Chairman of CII Tamil Nadu council S Chandramohan said the trade body has been taking initiatives to support MSMEs' growth
 "Tamil Nadu govt attracted Rs 5,541-crore investments from MSME sector")
Higher input cost to cut margins of cashew processors: CRISIL SME tracker
The increase in costs is due to a hike in import duty on raw cashew kernels from 45 per cent to 70 per cent, in the Union Budget for 2019-20
 "Higher input cost to cut margins of cashew processors: CRISIL SME tracker")
SMEs getting training from IISc centre to reach out to end-customers
SMEs are developing products to reach out to end-customers directly and grow bigger
 "SMEs getting training from IISc centre to reach out to end-customers")
SMEs raise Rs 15.46 bn through IPOs during first six months of the year
Funds raised through initial public offers (IPOs) were used for business expansion plans, working capital requirements
 "SMEs raise Rs 15.46 bn through IPOs during first six months of the year")
Travel solution providers drive SMEs with adoption of cloud: Research
Vantage point: Insights from cutting-edge research
 "Travel solution providers drive SMEs with adoption of cloud: Research")
