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The Latest Breaking News from MSME

Private sector lenders ahead in utilising ECLGS: RBI

MUMBAI: Private sector banks have show greater appetite than their public sector peers in utilising the Emergency Credit Line Guarantee Scheme (ECLGS), an RBI report said on Thursday.

The Times of India

PMAY-G model house inaugurated at NIRDPR

HYDERABAD

The Hindu

Centre making necessary policy changes to encourage MSME sector: PM Modi

He also informed that turnover of Khadi and Village Industries has crossed ₹1 lakh crore for the first time and Khadi sales have increased four times in the last eight years

The Hindu

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Government making necessary policy changes to encourage MSME sector: PM Narendra Modi

NEW DELHI: PM Narendra Modi on Thursday inaugurated the 'Udyami Bharat' programme, at the Vigyan Bhawan in Delhi. On the occasion the PM also launched a Rs 6,000 crore 'Raising and Accelerating MSME Performance' (RAMP) scheme and also launched the Capacity Building of First-Time MSME Exporters (CBFTE) scheme to encourage…

The Times of India

Govt to develop manufacturing units as engine of growth: Union minister of state for MSMEs Bhanu Pratap Singh Verma

LUCKNOW: Union minister of state for MSMEs and Jalaun MP Bhanu Pratap Singh Verma on Tuesday announced that the Central government is taking steps to provide credit facilities through various schemes to develop manufacturing enterprises as engines of growth for Uttar Pradesh and the entire country.

The Times of India

Six new industrial estates to become operational in 2-3 months: Minister T M Anbarasan

CHENNAI: The six new industrial estates set up in different parts of the state will become operational in the next 2-3 months, minister for MSME T M Anbarasan said on Monday. Several other facilities are also in the pipeline to promote the sector, he added.

The Times of India

MSME Award 2022: Bihar bags 2nd prize

PATNA: Bihar has bagged the second prize in ‘National MSME Award 2022’ to states/UTs for outstanding contributions to the promotion and development of the micro, small and medium enterprises (MSME) sector. PM Narendra Modi will give the award at a function to be organised by Ministry of Micro, Small and…

The Times of India

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25,000 MSMEs registered in State in current quarter: Minister

Minister launches help desks for providing support for aspiring entrepreneurs in all local bodies

The Hindu

Kerala Financial Corporation to lend up to ₹2 crore at 5% rate to MSMEs

Loans for new ventures and modernising existing ones

The Hindu

Bringing MSMEs into inclusive and sustainable global value chains

These businesses are the ones that have faced the harshest of environments over the last few years

The Hindu

Kochi: Vyapar 2022 nets 105-crore B2B biz

KOCHI: Trade deals worth Rs 105 crore were done at the three-day Vyapar 2022 that drew to a close on Saturday. Kerala government’s event in the MSME sector had facilitated 2,417 business-to-business meets.

The Times of India

NBFCs to see Rs 18 lakh crore loans getting repriced in FY23: Crisil

MUMBAI: Non-banking financial companies are likely to witness close to Rs 18 lakh crore of their outstanding debt getting repriced at higher levels in FY23 amid the rising interest rate scenario, Crisil Ratings said in a report on Tuesday.

The Times of India

Land identified for first private industrial estate in Ernakulam

10 acres of the identified land at Angamaly to accommodate MSMEs initially

The Hindu

MSME lender FlexiLoans raises $90 million

BENGALURU: MSME-focused lending startup FlexiLoans.com has raised nearly $90 million from Denmark-based PE firm MAJ Invest, UK-based fintech investor Fasanara Capital, and the family offices of Harry Banga and Yogesh Mahansaria, along with many existing shareholders such as Sanjay Nayar, chairman of private equity firm KKR India. The funds will…

The Times of India

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The Hindu

Govt. to soon launch common platform for delivery of various schemes

The platform is integrated with the government's Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to check borrowers' eligibility

The Times of India

Gujarat to get services commissionerate

GANDHINAGAR: To boost the state's economy by strengthening the services sector, the Gujarat government has finalized plans to set up a new services sector commissionerate like the existing industries and MSME commissionerates.

The Hindu

Top news developments in Karnataka on May 27, 2022

Here are the key news developments to watch out for from Karnataka today

The Hindu

Technically qualified interns to be appointed in local bodies

Move for coordinating one lakh MSMEs campaign

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The Hindu

MSMEs get a boost with TReDS notification

The platform will enable them to get paid for supply of goods and services without delay

The Hindu

Mysuru-based company bags Exports’ Excellence award at Chennai’s FIEO event

NR Group bagged the award for top multi-product group in Southern Region – Non-MSME

The Hindu

MTAR Tech to acquire aerospace, defence MSME

HYDERABAD

The Hindu

Rajasthan bringing new MSME policy for industrial development

It will protect the sector, create more employment opportunities

The Times of India

1 trillion economy: Tamil Nadu betting big on micro, small, medium enterprises

CHENNAI: When Tamil Nadu chief minister M K Stalin met Union minister Piyush Goyal in New Delhi two weeks ago, their discussion centred around textile parks and runaway steel prices.

The Times of India

Rajasthan: Key govt departments see 3 new heads in last 16 months

JAIPUR: Key state government departments such as industries and MSME, medical and health and panchayati raj have seen at least three heads in the last 16 months. Also, there have been 25 transfer/posting/appointment orders in the same period.

The Hindu

Chamber of commerce, MSMEs flay bank strike

MYSURU

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