Browsing Tag
MSME
5 posts
The significance of omnichannel as a vital element in MSMEs’ business strategies
Sheik emphasizes the critical importance of developing an omnichannel strategy for MSMEs in today’s digital-first environment in India.…
Government Approves Refunds Totaling ₹256 Crore for Over 10,000 MSME Claims
In a significant move to support micro, small, and medium enterprises (MSMEs), the Indian government has sanctioned over…
Indian MSME Stakeholders Assured of Employment-Centric Policies, Call for G20 Collaboration
Minister of State for Finance, Dr. Bhagwat Karad, and Chief Economic Advisor, V Anantha Nageswaran, reiterated the Indian government's commitment to employment-centric policies for Micro, Small, and Medium Enterprises (MSMEs).
Anticipated Decrease in Non-Performing Loans in FY24, Potential Increase in MSME Defaults
a recent report by industry body Assocham and rating agency Crisil highlights the potential increase in defaults within the Micro, Small, and Medium Enterprises (MSME) sector, which was severely impacted by the pandemic.
State-owned steel companies settle Rs 7,673.95 crore debts owed to MSMEs, reports suggest
The settlement of outstanding debts owed by state-owned steel companies to MSMEs is a significant development for the MSME sector, which has been grappling with financial stress for some time now.