Friday, March 5, 2021

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MSMEs

‘Govt is paying MSP much higher than market price for some crops’: Nitin Gadkari speaks on farm reforms, ethanol fuel and more

Nitin Gadkari talked about EVs, ethanol production, MSMEs and more in an interview with the Indian Express.

Lockdown 4.0: E-commerce firms resume full operations across the country from Tuesday

Following the ease of restrictions, e-commerce companies have started taking orders for both essential and non-essential items

Atmanirbhar Bharat Abhiyan: FM Sitharaman announces economic relief packages, MSMEs to get collateral-free loans up to Rs 3 lakh crore

The definition of MSMEs have also been revised and the existing threshold of investment and turnover of Micro, Small and Medium MSMEs have been extended significantly

Industry bodies reject Rahul Gandhi’s demand for GST waiver on COVID-19 related equipment, say they don’t need any exemption

Former Congress President Rahul Gandhi had posted a tweet demanding the government to exempt coronavirus treatment related equipment from GST

‘Fund of Funds’ worth Rs 10,000 crore being created for MSMEs to battle Coronavirus pandemic

Upto 15 percent of the amount AAA-rated MSMEs raise from the capital market will be contributed by the government

GST council meeting: GST on mobile phones increased from 12% to 18% to correct inverted duty structure

GST on mobile phones increased from 12% to 18%, reduction in GST on MRO services of aircraft from 18% to 5%.

MSME in Budget 2020: Debt Restructuring Window extended by a year, NBFCs to extend invoice financing to MSMEs

Addressing the concerns of MSME in Budget 2020 was crucial towards reviving the economy amidst a global slowdown

Read all the big announcements made by Finance Minister Nirmala Sitharaman to boost the economy

Union Finance Minister Nirmala Sitharaman announced widespread reforms in order to address economic concerns.

MSME sector created around 1.5 crore jobs each year in last 4 years, CII finds in its latest survey

One of the largest job surveys done by CII shows healthy job growth rate in MSME sector during the Modi government

59-minute loan approval scheme has approved loans of 1.12 lakh MSME applicants in less than 2 months

Bank of Baroda and Union Bank of India are leading among the banks with loans sanctioned by them amounting to 43% of the total amount sanctioned.

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