Overall MSME commercial credit exposure increased to ₹ 35 lakh crore as of end-March 2025, against ₹ 31 lakh crore as of end-March 2024 Overall balance-level serious delinquencies fell to 1.8%, the lowest in five years Share of New-to-Credit MSMEs to total new loan originations was strong at 47% Mumbai, India, 22 May 2025: The […]
Vaishnaw said that while some of the big players have applied, there has been huge interest in the scheme from small and medium players. The Government has received 70 applications for Rs 23,000-crore electronics component manufacturing scheme and majority of applicants are small and medium enterprises, Union Minister, Ashwini Vaishnaw said. These applications have come […]
APIIC, VC & MD, Abhishikt Kishore and other senior officials participated in the meeting held at the APIIC headquarters in Mangalagiri. Andhra Pradesh Minister for MSME, SERP and NRI Empowerment and Relations, Kondapalli Srinivas on Thursday reviewed the status of the proposed 175 MSME Parks across the State with focus on accelerating land allotment and […]
The Allahabad High Court had held that entities acting on behalf of foreign companies were expressly excluded from receiving MSME benefits. The Supreme Court recently upheld an Allahabad High Court decision quashing the award of a ₹37.92 crores cloud services contract to CloudThat Technologies, a registered Micro and Small Enterprise (MSE), on the ground that […]
Small businesses are calling for relaxations in proposed regulations for exports and imports under the Foreign Exchange Management Act (FEMA), saying a one-size-fits-all solution would disadvantage them. MSMEs or micro, small and medium enterprises, say the draft regulations, which were open for public consultations till 30 April, don’t have enough provisions for their exports of […]
NCLAT in the matter of SNJ Synthetics Limited vs. PepsiCo India Holdings Private Limited, rejected the Section 9 application filed by an MSME operational creditor on the ground that the amount of default (excluding interest accrued as per Sections 15 and 16 of MSMED Act) was less than the limit stipulated under section 4 that […]
The latest survey on the progress of Indian MSMEs and challenges faced — noted that timely and adequate credit access is one of the key challenges for the MSME sector, which has an addressable credit gap of around Rs. 30 lakh crores despite increasing credit supply. Even as the Government has taken multiple policy measures, […]
India offers a unique proposition to the world – with the largest and relatively young population, it presents an attractive market not just for global giants but also for a burgeoning ecosystem of micro, small and medium enterprises (MSMEs). The country is rapidly becoming a hub for innovative start-ups and established small and medium enterprises, […]
By addressing the credit gap, decentralisation and smart lending help enterprises scale up and create jobs. The central credit system and rating standards came under fathomable criticism in the aftermath of the global financial crisis of 2007. The decentralisation of credit systems and smart lending with the advent of digital solutions gained credible relevance in […]
India’s micro, small and medium enterprises have new definitions that promise to open doors wider for them this financial year as well as improve their chances of securing delayed payments faster. The Union Government, in a notification dated 21st March, amended the definitions of micro, small and medium enterprises, raising limits for investments in plant […]
Reader / Viewer discretion and disclaimer :
The information provided on SMEConnect (www.smeconnect.in) website is intended for general informational purposes only. While we strive to provide accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or reliability of the content. The views and opinions expressed in the articles and posts on this website are those of the authors and do not necessarily reflect the official policy or position of SMEConnect website. Readers are advised to independently verify any information found on this website before making decisions based on it. We do not endorse, represent, or warrant the accuracy or reliability of any third-party content linked on this site. Furthermore, SMEConnect (www.smeconnect.in) website shall not be held liable for any errors, omissions, or delays in the information provided, nor for any losses, injuries, or damages arising from its display or use. Please note that the content on SMEConnect (www.smeconnect.in) website may be subject to change without notice.