chandrakant_sir – Page 7 – Chandrakant Salunkhe

Maharashtra govt to set up special cell to assist financially-strained SME firms

June 26, 2020 chandrakant_sir

The Maharashtra Government at a cabinet meeting has decided to set up a special cell in the Maharashtra Industrial Development Corporation (MIDC), which will provide financial, administrative and legal advice to those sick SME companies, who face difficulties in approaching NCLT for resolving outstanding issues. The cabinet has also approved an Investment Coordination Officer for …

Meet Chandrakant Salunkhe, Subhash Desai, Sagar Bhosale and Ujjawal Kothare on Navbharat Facebook Live at 8 PM

June 11, 2020 chandrakant_sir

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Coronavirus impact: MSMEs demand loan moratorium till March 2021

May 20, 2020 chandrakant_sir

Key Highlights MSMEs demand extension of moratorium on all loans till March 31, 2021 Indian Industries Association (IIA) claims government entities owe Rs 500 crore to its members Industry body IIA wants government officers to be accountable for delays Payment cycle of receivables has also gone up adding to their woes. Peeved over lacklustre response …

Maharashtra CM announces 40,000-acres of land to attract companies post-Covid-19

May 20, 2020 chandrakant_sir

Keeping in mind the possibilities of global investors looking at the country for setting up new businesses and industries in the post-Covid-19 world, the Chief Minister of Maharashtra has announced a 40,000-acre land bank. In his recent address to the State, he had said that at a time when the world has come to a …

Government pushes MSMEs to produce PPEs, sanitisers for export

May 18, 2020 chandrakant_sir

KEY HIGHLIGHTS Government pushes MSMEs for producing coronavirus related items such as sanitiser and PPE kits for export MSME Ministry to take up industry demand to extend moratorium on all loans for another 3-6 months Guidelines for Rs 3 lakh crore collateral-free loans to MSMEs announced by FM Nirmala Sitharaman last week would be finalised …

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 …

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 …

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 …

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 …