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The Latest Breaking News from MSME

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

The Hindu

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

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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 Times of India

Land identified for first private industrial estate in Ernakulam

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

The Hindu

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 Times of India

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 Hindu

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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 Times of India

Top news developments in Karnataka on May 27, 2022

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

The Hindu

Technically qualified interns to be appointed in local bodies

Move for coordinating one lakh MSMEs campaign

The Hindu

MSMEs get a boost with TReDS notification

The platform will enable them to get paid for supply of goods and services without delay

The Hindu

Mysuru-based company bags Exports’ Excellence award at Chennai’s FIEO event

NR Group bagged the award for top multi-product group in Southern Region – Non-MSME

The Hindu

MTAR Tech to acquire aerospace, defence MSME

HYDERABAD

The Hindu

Rajasthan bringing new MSME policy for industrial development

It will protect the sector, create more employment opportunities

The Hindu

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The Times of India

1 trillion economy: Tamil Nadu betting big on micro, small, medium enterprises

CHENNAI: When Tamil Nadu chief minister M K Stalin met Union minister Piyush Goyal in New Delhi two weeks ago, their discussion centred around textile parks and runaway steel prices.

The Times of India

Rajasthan: Key govt departments see 3 new heads in last 16 months

JAIPUR: Key state government departments such as industries and MSME, medical and health and panchayati raj have seen at least three heads in the last 16 months. Also, there have been 25 transfer/posting/appointment orders in the same period.

The Hindu

Chamber of commerce, MSMEs flay bank strike

MYSURU

The Hindu

MSME Clinic set up to help entrepreneurs

Help with issues such as licensing, marketing, financing

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The Hindu

Lend more to small units, Palakkad banks told

Concern over poor lending rate to MSME at banking review committee

The Times of India

MSME ministry launches scheme to promote creativity, entrepreneurship in sector

NEW DELHI: The MSME ministry on Thursday launched an innovative scheme to promote creativity, adoption of latest technologies and increase awareness about importance of intellectual property rights among MSMEs.

The Hindu

Air India Express flight with 182 Indians evacuated from Ukraine lands in Mumbai

Union MSME Minister Narayan Rane received them at the Mumbai airport,

The Hindu

Finance Minister holds pre-Budget meeting with MSME representatives

The meeting was called to discuss and understand the concerns, challenges of the MSMEs

The Hindu

Union Budget a mixed bag for State

Many demands remain unaddressed

The Hindu

Union Budget 2022 | Emergency Credit Line Guarantee Scheme for MSMEs extended till March 2023

The Centre would roll out Raising and Accelerating MSME Performance programme with an outlay of ₹6,000 crore over five years.

The Hindu

COVID-19 hits workforce strength in MSMEs

Some units staring at 100% loss as they have only one person to handle one function

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