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Revised definition will give MSMEs confidence to grow: CITI Chairman

Revised definition will give MSMEs confidence to grow: CITI Chairman

🕔07:27, 2.Jun 2020

New Delhi, June 2  The revised definition will give micro, small and medium Enterprises (MSMEs) confidence to grow and will promote their expansion, Confederation of Indian Textile Industry (CITI) Chairman T. Rajkumary said on Monday. The industry body welcomed the

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Entities with up to Rs 250 cr turnover, excluding exports, to be medium enterprises

Entities with up to Rs 250 cr turnover, excluding exports, to be medium enterprises

🕔18:03, 1.Jun 2020

New Delhi, June 1 Further widening the definition of micro, small and medium enterprises (MSME), the Union Cabinet on Monday announced that entities with turnover up to Rs 250 crore or investment up to Rs 50 crore will qualify as medium

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FM’s announcements will boost MSMEs: Modi

FM’s announcements will boost MSMEs: Modi Updated

🕔07:11, 14.May 2020

New Delhi, May 14  Prime Minister Narendra Modi on Wednesday hailed the announcements made by Finance Minister Nirmala Sitharaman to aid the Micro, Small and Medium Enterprises (MSMEs), which have taken a beating during the Covid-19 induced lockdown. Modi tweeted,

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15 measures to revive economy, big takeaways for MSMEs, NBFCs

15 measures to revive economy, big takeaways for MSMEs, NBFCs Updated

🕔07:10, 14.May 2020

New Delhi, May 14  Union Finance Minister Nirmala Sitharaman has come out with 15 new and some enhanced measures to revive businesses, and support workers via fiscal incentives and regulatory easing under the mega stimulus package — Self-Reliant India Movement

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Haryana CM announces incentives for MSMEs

Haryana CM announces incentives for MSMEs

🕔08:10, 10.May 2020

Chandigarh, May 10  In view of the important role of micro, small and medium enterprises (MSMEs) in economic development, Haryana Chief Minister Manohar Lal Khattar on Saturday made several announcements to bring these industries back on track. These include setting

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Centre may withdraw service exports incentive scheme

Centre may withdraw service exports incentive scheme

🕔06:54, 19.Feb 2020

New Delhi, Feb 19  The Centre could withdraw programmes such as the service exports incentive scheme to promote more labour intensive sectors and medium, small and micro enterprises (MSMEs) in the future. The Service Exports from India Scheme (SEIS) has

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Defence Ministry plans more testing facilities for MSMEs

Defence Ministry plans more testing facilities for MSMEs

🕔06:42, 23.Nov 2019

Chennai, Nov 23  The Ministry of Defence plans to set up 6-8 product testing facilities to enable the micro, small and medium enterprises (MSME) to test their products for defence supplies, said a senior official here. The first testing facility,

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RBI to form panel on MSMEs, have external benchmarking of floating rate loans

RBI to form panel on MSMEs, have external benchmarking of floating rate loans

🕔22:09, 5.Dec 2018

Mumbai, Dec 5 (IANS) With finance for the MSME sector an ongoing key issue between the Centre and the central bank, the RBI on Wednesday announced it is constituting an expert committee to identify causes and proposed long-term solutions for the

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Dr. A.K. Pujari, Secretary, MSME, assumes additional charge as CMD, SAIL

Dr. A.K. Pujari, Secretary, MSME, assumes additional charge as CMD, SAIL

🕔09:26, 2.Oct 2015

New Delhi, October 02, 2015: Dr. Anup K Pujari, IAS, Secretary, Government of India, Ministry of Micro, Small and Medium Enterprise has been assigned the additional charge of the post of Secretary, Ministry of Steel. Dr. Pujari has also assumed

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Odisha: 7,009 MSMEs go on production in 2013-14

Odisha: 7,009 MSMEs go on production in 2013-14

🕔08:58, 19.Feb 2015

Bhubaneswar, Feb 19  As many as 7,009 micro, small and medium enterprises (MSMEs) have started production in Odisha with an investment of Rs.669.44 crore during 2013-14, said the Odisha Economic Survey report for 2014-15. With the operation of the MSME

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IDBI to charge 1 percent lower interest on MSME loans

IDBI to charge 1 percent lower interest on MSME loans

🕔10:18, 24.May 2014

New Delhi, May 24  IDBI Bank signed an agreement with industry body Ficci under which it will offer loans to micro, small and medium enterprises (MSME) at one percent lower interest than the market rates and also charge low processing

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