Msme News Power Ministry to Introduce Rs 1,000-Crore Scheme for Energy Efficiency in MSMEs November 14, 2024 MSME Sampark 0 The Ministry of Power is set to unveil a Rs 1,000-crore initiative aimed at promoting energy efficiency among micro, small, and medium enterprises (MSMEs), according to a report from The Economic Times. The scheme, called […]
Msme News Centre to Introduce Collateral-Free Loan Schemes for MSMEs: Nirmala Sitharaman November 14, 2024 MSME Sampark 0 The Union Government is set to launch a new credit guarantee scheme offering up to Rs 100 crore in collateral-free loans for Micro, Small, and Medium Enterprises (MSMEs). Union Finance Minister Nirmala Sitharaman announced this […]
Msme News MSMEs Present Significant Opportunities for UCB Sector: RBI DGM November 14, 2024 MSME Sampark 0 In a recent workshop on Capacity Building for Urban Cooperative Banks (UCBs) in Telangana, Prabhuti Samal, Deputy General Manager at the RBI’s Department of Supervision in Hyderabad, noted the extensive potential for UCBs in the […]
Msme News MSME Delayed Payments: Only 20% of Complaints Resolved, Government Data Reveals November 14, 2024 MSME Sampark 0 Since October 2017, micro and small enterprises (MSEs) have filed over 2.12 lakh complaints involving a total of Rs 47,147 crore against delayed payments by their buyers, according to the government’s MSME Samadhaan portal. However, […]
Msme News Debroy’s Demise: A Monumental Loss for Indian MSMEs, Says FISME November 1, 2024 MSME Sampark 0 The passing of Professor Bibek Debroy, Chairman of the Prime Minister’s Economic Advisory Council, on November 1, 2024, has been deeply mourned by India’s MSME sector, with the Federation of Indian Micro and Small & […]
Msme News MSME Priority Lending Surges to ₹26 Lakh Crore in September: RBI Data November 1, 2024 MSME Sampark 0 According to the latest data from the Reserve Bank of India (RBI), gross bank credit to micro, small, and medium enterprises (MSMEs) under priority lending norms increased by 14.6%, reaching ₹26.01 lakh crore in September […]