Economic relief package ‘frivolous and gimmicky,’ say MSME bodies

May 14, 2020 chandrakant_sir

KEY HIGHLIGHTS FM on Wednesday announced Rs 3 lakh crore collateral free, government-guaranteed loans for MSMEs saying it will benefit 45 lakh small businesses  She also announced Rs 50,000 crore equity infusion for MSMEs through Fund of Funds. The move will help MSMEs with growth potential and viability to expand further.  Top MSME industry bodies …

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New MSME definition has a message: No longer have to stay small to avail benefits

May 14, 2020 chandrakant_sir

IN THE first part of its latest economic stimulus package, the government Wednesday broadened the definition of Micro, Small and Medium Enterprises (MSMEs) by revising the limit of investment in machinery or equipment and introducing a ‘turnover’ criteria a reform measure that seeks to reverse the traditional policy bias in favour of units staying small …

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Govt identifies 4.62 lakh hectare land for firms exiting China but challenges galore

May 5, 2020 chandrakant_sir

New Delhi: In order to woo the companies that are planning to shift their production base outside China, the government has identified an area twice the size of Luxembourg or some 4.62 lakh hectares said a report of news agency Bloomberg. According to the report, it includes over 1.15 lakh hectares of existing industrial land in …

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Launching Ceremony: Yin Buzz diwali special edition “super 30” on 25 Oct 2019 at Sakal Media bhavan.

October 25, 2019 chandrakant_sir

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MSMEs welcome jump in Ease of Doing Business rank but say ground level change still missing

October 24, 2019 chandrakant_sir

Ease of Doing Busines for MSMEs: Amid India’s growth forecasts cut by different rating agencies including IMF, World Bank, Moody’s, S&P etc., a 14-rank jump in the World Bank’s annual Ease of Doing Business rankings this year to 63rd position up from 77th last year is likely to bring some cheer. For India’s micro, small …

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Budget 2019: For These Small Businesses in Gujarat, Loans Take Far Too Long

January 14, 2019 chandrakant_sir

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GST exemptions may cost govt up to Rs 8,000 crore

January 11, 2019 chandrakant_sir

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RBI permits banks to restructure loan accounts of MSMEs that are under stress. But MSMEs still not happy.

January 2, 2019 chandrakant_sir

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SMEs in danger because of Governments ignorance – Experts

September 6, 2018 chandrakant_sir

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GST impact: SMEs put 900 items on price

July 19, 2017 chandrakant_sir

GST impact: SMEs put 900 items on price watchlist NEW DELHI, JUNE 17 Small and medium enterprises (SMEs) have put 900 finished and semi-finished products on the watch list for monitoring demand trend after goods and services tax (GST) kicked in this month. SME Chamber of India, the group representing smaller firms with annual turnover …

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