Msme News India’s Dependence on Chinese Imports for MSME Goods Declining September 14, 2024 MSME Sampark 0 India’s reliance on imports of Micro, Small, and Medium Enterprises (MSME) goods, such as leather articles, toys, and musical instruments from China, has been steadily declining, signaling the country’s ongoing efforts to diversify import sources […]
Msme News Bihar Disburses ₹2,900 Crore to 74,540 Beneficiaries to Promote MSMEs September 14, 2024 MSME Sampark 0 The Bihar government has taken significant steps to boost Micro, Small, and Medium Enterprises (MSMEs), which play a vital role in the state’s economic development. A top official from the Industries Department revealed that approximately […]
Msme News MSME Loan Portfolio Expands by 17.8% to ₹64.1 Trillion in FY24: Report September 14, 2024 MSME Sampark 0 India’s Micro, Small, and Medium Enterprises (MSME) loan portfolio saw substantial growth, increasing by 17.8% to reach ₹64.1 trillion by March 2024, as per the CRIF High Mark’s How India Lends Report. The report highlighted […]
Msme News India Needs to Bring 80% of MSMEs Under Formal Financial System: M Nagaraju September 14, 2024 MSME Sampark 0 M Nagaraju, Secretary of the Department of Financial Services, emphasized the need to bring 80% of Micro, Small, and Medium Enterprises (MSMEs) under the formal financial system, up from the current 40%. Speaking at FIBAC […]
Msme News New Safety Regulations for Machinery, Equipment to Impact MSMEs: GTRI September 14, 2024 MSME Sampark 0 The newly issued safety regulations for machinery and electrical equipment by the Indian government are expected to significantly impact domestic production by the Micro, Small, and Medium Enterprises (MSMEs) and may delay the import of […]
Msme News Rahul Gandhi Criticizes Government Over Video of Restaurant Chain Owner ‘Apologising’ to Finance Minister September 14, 2024 MSME Sampark 0 Leader of Opposition in the Lok Sabha, Rahul Gandhi, sharply criticized the government on Friday following the circulation of a video where a restaurant chain owner is allegedly seen “apologising” to Finance Minister Nirmala Sitharaman […]