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Shri Narayan Rane chairs the 19th meeting of the National Board of MSME (NBMSME)

Shri Narayan Rane chairs the 19th meeting of the National Board of MSME (NBMSME)

Shri Rane releases the Global Entrepreneurship Monitor (GEM) India Report 2021-22 and launches the Formalization Project by including…

“Green Economy” is going to be the new addition to India’s future growth, says Union Minister Dr Jitendra Singh

“Green Economy” is going to be the new addition to India’s future growth, says Union Minister Dr Jitendra Singh

Bioeconomy to be a hugely lucrative source of livelihood in the times to come: Dr Jitendra Singh “Anusandhan…

India’s export-linked jobs declined as it missed out on post-China opportunity: World Bank:

India’s export-linked jobs declined as it missed out on post-China opportunity: World Bank:

In May, The Indian Express reported that India’s labor-intensive sectors such as textiles, leather, gems and jewelry, and…

UK overtakes China as India’s fourth-largest export market in May

UK overtakes China as India’s fourth-largest export market in May

The United Kingdom (UK) has overtaken China to become India’s fourth-largest export market in May. The UK was…

Union Minister Dr Jitendra Singh says, Indian women are gradually evolving from participatory to leadership role

Union Minister Dr Jitendra Singh says, Indian women are gradually evolving from participatory to leadership role

The Minister inaugurates a conference titled “Women Leading Change in Health and Science in India” in New Delhi…

Recent Posts

Industry body urges FM to continue 45-days MSME payment rule for buyers

Industry body urges FM to continue 45-days MSME payment rule for buyers

BySMEConnect-DeskJul 16, 20242 min read

SME Chamber of India argues that provision serves as incentive for companies to adhere to payment timelines, thereby supporting MSMEs’ financial health. The Chamber has urged Finance Minister, Smt. Nirmala Sitharaman to continue the 45-days MSME payment rule for corporates and other buyers. According to Section 43B(h) of the Income Tax Act, introduced through the […]

MSMEs urge RBI for a liberalised NPA classification policy for banks

MSMEs urge RBI for a liberalised NPA classification policy for banks

BySMEConnect-DeskJul 10, 20244 min read

The sector has been struggling for financial support and deriving the advantages of facilities offered by financial institutions. As a part of their pre-budget meeting with Reserve Bank of India…

SBI launches new 15-minute facility for MSMEs to avail loan against sales invoices

SBI launches new 15-minute facility for MSMEs to avail loan against sales invoices

BySMEConnect-DeskJul 3, 20242 min read

MSME Sahaj will help MSMEs to avail credit against their Goods and Services Tax (GST) registered sales invoices of up to Rs.1 lakh in less than 15 minutes. Public sector…

With geo-political concerns, engineering firms nudge suppliers to ‘Make in India’

With geo-political concerns, engineering firms nudge suppliers to ‘Make in India’

BySMEConnect-DeskJul 2, 20243 min read

In a bid to find a long-term fix to unrelenting geo-political concerns, Indian engineering and capital goods firms are looking to ditch foreign suppliers and plan to collaborate with Indian…

4.05 lakh businesses based in State closed since GST rollout

4.05 lakh businesses based in State closed since GST rollout

BySMEConnect-DeskJul 2, 20242 min read

Ahmedabad: While the goods and services tax regime aimed at improving business ease and simplifying taxes, some 4.05 lakh businesses closed after the new regime was rolled out. According to…