Category: MSME

The Samadhaan portal was launched seven years ago to help MSMEs get payments faster. Despite some relief, loopholes in the system tilt it in favour of the buyers. How can micro and small enterprises equip themselves better to deal with payment disputes? Vijay Khanna had to shut down his bill printing and logistics company in […]

The various initiatives launched over the past 100 days are aimed at promoting growth, boosting entrepreneurship, creating employment opportunities. The achievements are reflective of the Government of India’s commitment to ensuring the sustainable growth of the MSME sector, fostering innovation, and enhancing job creation. Union Minister for Micro Small and Medium Enterprises, Shri Jitan Ram […]

The FY25 target is over 10% more than the previous year’s lending. The Secretary noted that the Government was looking to extend more support to MSMEs in line with the Budget announcements. The Union Government has set a higher target for MSMEs lending for FY25 at Rs 27.5 lakh crores, over 10% higher than the […]

In a trade notice on September 17, the Directorate General of Foreign Trade (DGFT) announced the amendment under the Interest Equalization Scheme (IES) with immediate effect “for rationalization of the scheme.” The Commerce Ministry has imposed an interest subvention cap of Rs 5 crores per IEC (import-export code) for MSME manufactures till September 30, 2024 for the current […]

The scheme was extended to women-owned MSEs in December 2022 to provide credit guarantee of 85% for loans up to Rs 2 crores which was later increased to Rs 5 crores. In a move to support women entrepreneurship, the MSME Ministry on Tuesday said women-owned micro and small enterprises (MSEs) will get higher credit guarantee coverage under the […]

This comes in the wake of assurances from Minister of Heavy Industries, HD Kumaraswamy and Commerce and Industry Minister, Piyush Goyal, during events organised by the Indian Steel Association (ISA), that steps would be taken to restrict Chinese steel imports to protect the domestic steel industry. As large steel producers push for protectionist measures citing […]

During the financial year 2024, a total of 27.4 million MSME loans were sanctioned, amounting to Rs 54.2 trillion. This marks a growth of 19.3% in volume and 5.4% in value. Individual MSMEs recorded a Y-o-Y growth of 12.6% in the value of originations and a 19.4% increase. India’s micro, small, and medium enterprises (MSME) […]

AlphaVision Management Consultant LLP, under the visionary leadership of Akhil Jain, is poised to revolutionize the financial consulting sector with its landmark IPO and innovative service offerings. As the company prepares to make its mark on the public markets, it stands at the forefront of providing comprehensive solutions that cater to the dynamic needs of […]

Synopsis A new Credit Guarantee Scheme proposed for manufacturing MSMEs to secure term loans for the purchase of equipment and machinery without collateral or third-party guarantee. The budget also proposed to increase the Mudra loan limit to ₹20 lakh under the ‘Tarun’ category for borrowers who have borrowed and repaid earlier ‘Tarun’ category loans. The […]

The size of MSMEs matters in understanding their level of productivity relative to large enterprises in emerging economies including India. This means that micro enterprises trail large companies, by a greater margin in comparison to small and medium-size enterprises. The report noted that narrowing this productivity gap could be equal to an average of 10% […]