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Saturday, May 15, 2021

MSME

RBI announces 2nd round of loan restructuring for MSMEs, individuals

Mumbai, May 5 (IANS) The Reserve Bank of India has announced another round of loan restructuring for MSMEs, small businesses and individuals with aggregate exposure of up to Rs 25 crore, who have not been beneficiaries of restructuring frameworks. RBI...

Driven exports worth $3B, created 1M jobs in India: Amazon

Bengaluru, April 8 (IANS) Providing a glimpse of its growth in the India market, Amazon on Thursday said that it has digitised 25 lakh MSMEs, enabled cumulative exports worth $3 billion, and helped create nearly 10 lakh direct and...

Jio to digitally transform 50 million MSMEs

New Delhi, March 9 (IANS) JioBusiness has introduced an integrated offering for micro, small and medium businesses (MSMBs). This is based on the three key pillars of Enterprise-Grade Fiber Connectivity that offers voice and data services, Digital Solutions that help...

IIT-BHU signs MoU for design expertise in MSME sector

Varanasi (UP), Feb 28 (IANS) The IIT (BHU) will provide design expertise to manufacturing MSME sector under Credit Linked Capital Subsidy and Technology Up-gradation Scheme (CLCS-TUS). It has signed an MOU with the Ministry of micro, small and medium enterprise...

Govt to introduce special resolution framework for MSMEs

<img class=" wp-image-19139 aligncenter" src="https://indiaupdates.in/wp-content/uploads/2020/01/msme.jpg" alt="Middle-scale enterprises face policy bias from MSME ministry''" width="716" height="487" />New Delhi, Feb 1 (IANS) As India's insolvency regime grows and evolves, micro, small and medium enterprises (MSME) are set to come under the...

Centre plans E-portal to sell MSME products: Gadkari

Mumbai, Jan. Jan 20 (IANS) The Centre is working with State Bank of India to launch an E-portal on the lines of Amazon to facilitate Medium, Small and Micro Enterprises to sell their products, Transport & MSME Minister Nitin...

Poverty Eradication is biggest mission for government: Gadkari

New Delhi, Dec 12 (IANS) Eradication of poverty is the biggest mission for the government, Union Minister Nitin Gadkari said on Saturday. The Minister for MSME, Road Transport and Highways made the comment while speaking virtually at the 93rd annual...

Amazon, CII tie up to help MSMEs in 10 states adopt e-commerce

New Delhi, Dec 9 (IANS) Amazon.in and CII have signed a Memorandum of Understanding (MoU) to bring the benefits of ecommerce to micro small and medium enterprises (MSMEs) in 10 states across India. In a statement, Amazon India said, along...

Razorpay partners with PayPal to help Indian MSME’s go global

Bengaluru, Dec 2 (IANS) Fintech unicorn Razorpay on Wednesday said it has partnership with global digital payments major PayPal to enable seamless international payments for Indian micro, small and medium-sized enterprises (MSMEs) and freelancers. The company's partner businesses can now...

UP among Top 5 in MSME employment generators

Lucknow, Nov 4 (IANS) Uttar Pradesh has found place among top five states of the country for providing employment under the Micro, Small and Medium Enterprises (MSMEs) during Corona pandemic. In a recent report of Reserve Bank of India (RBI),...

Latest News

India needs stricter action as WhatsApp privacy policy goes live

New Delhi, May 15 (IANS) With the controversial WhatsApp privacy policy coming into effect from Saturday for its over...