The Latest Breaking News from MSMEs

"Unorganised sector contributes 44+% to India's Gross Value Added (GVA). The unorganised sector grew at 7.4% Compound Annual Growth Rate (CAGR) between FY11 and FY16, but has suffered an average yearly contraction of 0.2% since then," the senior Congress leader said. Read further on Dynamite News:

Former IRS officer and TDP candidate Daggumalla Prasada Rao envisions Chittoor as a thriving hub for MSMEs and agricultural development.

IIT Madras and Walmart collaborate to train MSMEs in AI and IoT technology for sustainable growth.

Powerloom weavers in the major weaving clusters in Tamil Nadu will go on strike on Feb 28 against the recent amendment to Income Tax rules

Indian Navy Chief Admiral R Hari Kumar on Monday said that the Brahmos supersonic cruise missile will be the primary weapon of the Indian Navy, replacing the old missile system acquired from other countries. Read further on Dynamite News:

MYSURUKERC Chairman asks CESC to extend power bill rebate for MSMEs, warns of penalties if not provided.

MSMEs in Chennai and its surrounding districts suffer from flooding in industrial estates, with little done to address the issue. Losses of ₹30-160 crore have been reported, and the government is holding meetings with insurance firms and bankers to help. Solutions are needed to prevent further losses.

MSMEs need time to pay electricity charges & moratorium on loans. TN govt should include losses in relief fund & find permanent solution for estates. Tangedco has given time till Dec 18, & human chain protest planned for Dec 12 now on Dec 27. #MSMEs #TNGovt #Tangedco #ElectricityCharges #Moratorium #ReliefFund

MSMEs in Chennai and surrounding regions remain closed due to flooding. Many factories operated with 50% workforce as workers in flood-affected areas could not commute. TN Small & Tiny Industries Association requested assistance from CM as losses run into crores. Automobile firms resumed ops, offering 50% discount on insurance claims.…