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The Latest Breaking News from MSME

Odisha: Footwear design training for livelihood support

BHUBANESWAR: The Khadi and Village Industries Commission (KVIC) under the MSME ministry has started a project for footwear manufacturing at Dasapalla in Nayagarh district on a pilot basis.

The Times of India

SIDBI to refinance Andhra Pragathi Grameena Bank for improved credit flow to MSMEs

APGB is the first Regional Rural Bank to enter into partnership with Small Industries Development Bank of India in Andhra Pradesh.

The Hindu

₹7,000 crore investment expected from meet: Kerala CM

The government also implemented a ₹1,416- crore relief package for the MSME sector

The Hindu

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Govt rolls out schemes for pharma sector MSMEs

NEW DELHI: The government on Thursday launched three schemes to strengthen Micro, Small and Medium Enterprises (MSMEs) in the pharmaceutical sector.

The Times of India

No going back on making Visakhapatnam Executive capital of Andhra Pradesh, says Industries Minister Amarnath

‘A fresh Bill will be introduced in the State Assembly in the next two to three months’

The Hindu

Interest rate hikes start to pinch small Indian businesses

Small businesses start to feel the burn of high interest rates as India launches aggressive campaign to curb inflation.

Al Jazeera

MSME employees, families urged to get vaccinated

Minister tells them to get precautionary dose in private centres

The Hindu

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T.N. has to grow for country’s growth, says Governor

Industries must play a crucial role as the wealth creator, he says

The Hindu

Private sector lenders ahead in utilising ECLGS: RBI

MUMBAI: Private sector banks have show greater appetite than their public sector peers in utilising the Emergency Credit Line Guarantee Scheme (ECLGS), an RBI report said on Thursday.

The Times of India

PMAY-G model house inaugurated at NIRDPR

HYDERABAD

The Hindu

Centre making necessary policy changes to encourage MSME sector: PM Modi

He also informed that turnover of Khadi and Village Industries has crossed ₹1 lakh crore for the first time and Khadi sales have increased four times in the last eight years

The Hindu

Government making necessary policy changes to encourage MSME sector: PM Narendra Modi

NEW DELHI: PM Narendra Modi on Thursday inaugurated the 'Udyami Bharat' programme, at the Vigyan Bhawan in Delhi. On the occasion the PM also launched a Rs 6,000 crore 'Raising and Accelerating MSME Performance' (RAMP) scheme and also launched the Capacity Building of First-Time MSME Exporters (CBFTE) scheme to encourage…

The Times of India

Govt to develop manufacturing units as engine of growth: Union minister of state for MSMEs Bhanu Pratap Singh Verma

LUCKNOW: Union minister of state for MSMEs and Jalaun MP Bhanu Pratap Singh Verma on Tuesday announced that the Central government is taking steps to provide credit facilities through various schemes to develop manufacturing enterprises as engines of growth for Uttar Pradesh and the entire country.

The Times of India

Six new industrial estates to become operational in 2-3 months: Minister T M Anbarasan

CHENNAI: The six new industrial estates set up in different parts of the state will become operational in the next 2-3 months, minister for MSME T M Anbarasan said on Monday. Several other facilities are also in the pipeline to promote the sector, he added.

The Times of India

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The Times of India

MSME Award 2022: Bihar bags 2nd prize

PATNA: Bihar has bagged the second prize in ‘National MSME Award 2022’ to states/UTs for outstanding contributions to the promotion and development of the micro, small and medium enterprises (MSME) sector. PM Narendra Modi will give the award at a function to be organised by Ministry of Micro, Small and…

The Hindu

25,000 MSMEs registered in State in current quarter: Minister

Minister launches help desks for providing support for aspiring entrepreneurs in all local bodies

The Hindu

Kerala Financial Corporation to lend up to ₹2 crore at 5% rate to MSMEs

Loans for new ventures and modernising existing ones

The Hindu

Bringing MSMEs into inclusive and sustainable global value chains

These businesses are the ones that have faced the harshest of environments over the last few years

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The Times of India

Kochi: Vyapar 2022 nets 105-crore B2B biz

KOCHI: Trade deals worth Rs 105 crore were done at the three-day Vyapar 2022 that drew to a close on Saturday. Kerala government’s event in the MSME sector had facilitated 2,417 business-to-business meets.

The Times of India

NBFCs to see Rs 18 lakh crore loans getting repriced in FY23: Crisil

MUMBAI: Non-banking financial companies are likely to witness close to Rs 18 lakh crore of their outstanding debt getting repriced at higher levels in FY23 amid the rising interest rate scenario, Crisil Ratings said in a report on Tuesday.

The Hindu

Land identified for first private industrial estate in Ernakulam

10 acres of the identified land at Angamaly to accommodate MSMEs initially

The Times of India

MSME lender FlexiLoans raises $90 million

BENGALURU: MSME-focused lending startup FlexiLoans.com has raised nearly $90 million from Denmark-based PE firm MAJ Invest, UK-based fintech investor Fasanara Capital, and the family offices of Harry Banga and Yogesh Mahansaria, along with many existing shareholders such as Sanjay Nayar, chairman of private equity firm KKR India. The funds will…

The Hindu

Govt. to soon launch common platform for delivery of various schemes

The platform is integrated with the government's Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to check borrowers' eligibility

The Times of India

Gujarat to get services commissionerate

GANDHINAGAR: To boost the state's economy by strengthening the services sector, the Gujarat government has finalized plans to set up a new services sector commissionerate like the existing industries and MSME commissionerates.

The Hindu

Top news developments in Karnataka on May 27, 2022

Here are the key news developments to watch out for from Karnataka today

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