‘Tech helped bridge Rs 52 lakh crore funding gap for MSMEs’
22 hours ago · TReDS has helped address the credit gap of MSMEs — estimated at around Rs 52 lakh crore — by connecting them with banks and clients, reducing funding costs up to 2.5 percentage points, Patra said.
MSMEs will get collateral free loans of upto Rs 100 cr through a …
5 days ago · Finance Minister Nirmala Sitharaman announced a new credit guarantee scheme for MSMEs, offering collateral-free loans up to Rs 100 crore. The scheme aims to address the difficulties faced by MSMEs in obtaining term loans for machinery and expansion. Sitharaman highlighted that banks will implement their own credit assessment models, eliminating the need for third-party guarantees.
Govt to decide soon on Rs 100 crore credit guarantee scheme for MSMEs …
5 days ago · Highlighting the five announcements made in this budget for MSMEs she said, "the introduction of a special credit guarantee corpus to help MSMEs will be very helpful during the time of distress...." "The Rs 100 crore credit guarantee scheme will soon be placed before the cabinet. Immediately after getting approval from cabinet, the scheme that ...
MSMEs and Traditional Business Methods Vital to the Indian …
2 days ago · India's Micro, Small, and Medium Enterprises (MSMEs) have been fundamental to the country's economy, embodying traditional business practices that contrast sharply with the current startup model ...
Well intentioned move for MSMEs backfires, industry hopes
Introduced in 2023, Section 43B(h) mandates timely payments from buyers to MSMEs within 45 days, aiming to protect small businesses. However, its implications in Assessment Year (AY) 2024-2025 have sparked debate, with concerns over its impact on industries and calls for a balanced approach.
Small Business, Big Problem: New Report Says 67% of SMEs …
Dec 1, 2022 · A global survey of 800 executives of SMEs and mid-sized companies reveals that 67% cite low margins, scaling and market access as their main challenges. The report also highlights opportunities for boosting future readiness of SMEs through talent, sustainability and digital transformation.
MSME: What is an MSME? Read MSME latest news | the ... - The Economic Times
India's MSMEs are leveraging innovation and local resources to drive sustainability and market transformation. Highlighting the stories of Waystores and Drinkcity Beverages and their growth via the Walmart Vriddhi program, the article showcases how entrepreneurs overcome challenges and achieve remarkable growth in the coffee sector.
Msmes News: Msmes Latest News, Msmes Today news, Msmes Breaking News ...
Jun 26, 2024 · Msmes News: Check here latest news and updates about Msmes in India. Read top headlines and breaking news today in India about Msmes on financialexpress.com.
msmes news: Latest News & Videos, Photos about msmes news
Jan 31, 2024 · MSMES NEWS. 'Not subject to rising rates…’: Congress Manifesto’s promise for salaried class’ income tax. In its Lok Sabha elections manifesto, Congress pledges stable personal income tax rates to safeguard the salaried class from …
SME News: Latest Small and Medium Enterprises News, Indian SME News …
Get the latest news and updates on Indian SMEs, MSMEs, startups and entrepreneurs. Find out about funding, policy, technology, business opportunities and challenges in the SME sector.