Thu, Nov 21, 2024
The total number of new jobs created by micro, small and medium enterprises (MSMEs) in the country has gone up by close to 10 crore in the last 15 months, official data recorded on the government's Udyam portal showed.
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Fri, Oct 25, 2024
A limit applicable to loans for SMEs under the 'Tarun' category of the PM Mudra scheme has been doubled to Rs 20 lakh. The decision was announced by the finance minister in her Union Budget 2024 speech on July 23. Under Pradhan Mantri Mudra Yojana, the higher limit of Rs 20 lakh under the Tarun Plus category will be provided to entrepreneurs who have already serviced their loans under the Tarun category earlier, according to a Ministry of Finance notification. Here are 10 things to know about this big development.
Tue, Jul 23, 2024
Budget speech of Finance Minister Nirmala Sitharaman. Announcement of 3 Cr new houses under PM Awas Yojana. Approval of ₹2.66 Lk Cr for rural development, infra. Announcement of financing, regulatory changes to help MSMEs. Announcement of credit guarantee scheme for MSMEs in manufacturing. Loans up to ₹100 Cr will be available under MSME Guarantee Scheme. SIDBI will increase branches to help MSMEs.
Thu, Jun 27, 2024
The new job opportunities will span across the services sectors and manufacturing sectors, both across urban and rural India, according to the report by LB Services, a global technology and digital talent solutions provider.
Maharashtra remains at the forefront for Foreign Direct Investment (FDI) inflows in India, securing its position despite competition from other states, as highlighted in the State Economic Survey 2023-24 presented by Deputy Chief Minister Ajit Pawar.
Wed, Jun 05, 2024
The recent loan from DFC comes in line with a primary equity infusion, which closed in mid-2023, amounting to about $36 million from Warburg Pincus, a leading global private equity firm focused on growth.
Wed, May 22, 2024
How to increase the role of women in manufacturing? How should entrepreneurs make strategies in the digital era? Increasing opportunities for women in e-commerce? How to capitalize on the e-commerce opportunity? See...'SME Express'
Thu, Sep 28, 2023
With an aim to enhance the economic and financial sustainability of micro, small and medium enterprises (MSME), the Small Industries Development Bank of India (SIDBI) is in the process of launching an app-based 'invoice financing' loans platform 'GST Sahay', an official said.
Wed, Aug 16, 2023
The third season of the MSME National Summit is dedicated to brainstorming a host of themes focused on emerging growth opportunities for the promising MSME space.
Thu, Oct 27, 2022
One of the steps that are critical in building truly successful businesses is to outline a detailed & comprehensive roadmap.
Mon, Sep 26, 2022
Exports of hand tools industry is about Rs 3,200 crore annually.
Tue, Sep 20, 2022
The survey found that small businesses have a set of robust parameters beyond sales and profits in order to gauge the success of their festive season sales.
Mon, Aug 01, 2022
Raj Das, global co-founder and CEO of Hirect India, said that if the developments seen in 2021 are an indicator of the future, Indian start-ups and MSMEs seem to be progressing on the right track.
Mon, Jul 18, 2022
"The company is all set to open its first store in Jodhpur in the coming month."
Mon, Jun 13, 2022
MSMEs have been able to bounce back stronger post-pandemic with timely support, reveals the MSME Insight Report 2022 –Rising In The Face of Adversity.
Thu, Jun 09, 2022
FreshR had earlier raised a pre-seed round from Villgro, Upaya Social Ventures, Beyond Capital Fund, and other early stage funders.
Wed, Apr 27, 2022
"So far, it is the largest funding raised by any vertical furniture player for the year 2022 in India," the Jaipur-based startup said.
Fri, Apr 22, 2022
“Fincluvation is a step in this direction, an Industry first initiative to create a powerful platform to mobilize the start-up community towards building meaningful financial products aimed at financial inclusion."
Wed, Apr 20, 2022
“Textile ministry along with the finance minister in the Union budget announced several schemes and programmes to support and strengthen the industry."
Fri, Apr 08, 2022
"Without any predetermined rate of interest, private investments are the most expensive form of capital for a business."
Wed, Mar 23, 2022
The Bank and BSE shall evaluate SMEs and Startups undergoing listing process, an official statement said.
Wed, Mar 16, 2022
The brand has invested $500,000 in these stores, covering the carpet area of 3000 sq. ft. combined, making its presence 5 stores strong in Mumbai, says company.
Sat, Feb 19, 2022
The Comprehensive Economic Partnership Agreement (CEPA) signed between India and the United Arab Emirates on Friday will lead to opening doors to new opportunities for trade and investments.
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