Page 3 Msme: Latest News and Updates, Top Stories, Videos, Photos About Msme

Govt To Come Out With Global Market Intelligence Network, To Boost MSME Exports: Rane

The government is setting up a global market intelligence network to boost India's exports from the micro, small and medium enterprises sector, Union minister Narayan Rane said on Tuesday. The Global Market Intelligence Network will act as a knowledge repository of ...

SIDBI Joins Hands With Meghalaya Govt, To Develop MSME Ecosystem

The Small Industries Development Bank of India (SIDBI) has joined hands with the Meghalaya government to develop an ecosystem for small and medium businesses. SIDBI has entered into a Memorandum of Understanding (MoU) with the Meghalaya Infrastructure Development and ...

New RBI Regulations Would Strengthen MFI Ecosystem

India Ratings and Research (Ind-Ra) opines that the key changes in the final regulations for microfinance institutions (MFIs) will bring in the entire industry under the regulatory coverage unlike one-third of the industry coverage earlier. Moreover, the ability of ...

FY23 MFI Outlook: Worst is Over; Likely Revival In Growth

India Ratings and Research (Ind-Ra) has revised its outlook on the microfinance sector to neutral for FY23 from negative. The agency has also revised the rating outlook on small-mid non-banks microfinance institutions (NBFC-MFIs; including those with over 50% of assets under ...

Union Budget, 2022: FM Allocates Rs. 6,000 Crore For Raising and Accelerating MSME Performance

The Union Budget 2022-2023, presented by FM Nirmala Sitharaman tries to aid the MSME sector of the country by multiple booster shots. According to FM, the Raising and Accelerating MSME Performance (RAMP) program with an outlay of Rs. 6,000 crore over ...

Government Extends Duty Exemption on Steel Scrap

The government on Tuesday proposed to extend the customs duty exemption on steel scrap by one year. The move has been taken to provide relief to the secondary steel producers in the MSME sector, Finance Minister Nirmala Sitharaman said while presenting ...

Union Budget 2022:23: Benefits Start-Ups Received From Budget

Starts-ups did receive some benefits from the Union Budget 2022:23. Experts and industry observers believe some of the steps were welcome. Says Siddharth Maurya, Resource Specialist, Fund Management: "For start-ups the tax concession period has been extended by one more year, ...

Union Budget 2022:23 MSME Sector Welcomes Steps Taken

The MSME sector has welcomed the initiatives taken in the Union Budget 2022:23 for the sector. "The extension of ECLGS scheme is a welcome move for MSMEs. The credit and fiscal support of 5 lakh crores will give a ...

Budget 2022: Tech-related Boost Is The Need Of The Hour For MSME Sector

The Union Budget 2022-23, is going to be presented by the Union Finance Minister Nirmala Sitharaman on February 1, which can try to increase public consumption. From the upcoming budget, the MSME sector is requiring an additional focus. Most importantly, technological ...

Union Budget 2022: Government Should Prioritize Reforms Towards MSME and SME

While each wave of the pandemic has brought forth its own set of challenges, we are hopeful and optimistic that the measures taken by the Government in the upcoming budget will help boost the economic recovery in 2022. Considering the slowdown ...

Budget 2022: Sectors To Watch: Infrastructure, Residential RE and Financials

The upcoming budget faces acute policy trade-offs between nurturing a nascent growth recovery and diminishing fiscal space with challenging debt dynamics. The uneven recovery post the pandemic raises questions about the sustainability of demand, especially as the labor market is also ...

Union Budget 2022: Expenditure Focus Maybe On Rural, MSMEs And Health

The upcoming budget will require policymakers to ensure the fiscal impulse is maximized to improve potential growth, while signaling adherence to medium-term fiscal sustainability, Emkay Global has said in a report. "This entails continued financial sector reforms, better resource ...

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