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Inter-ministerial group to develop credit guarantee scheme for MSMEs

The MSME ministry will present the scheme to the Expenditure Finance Committee for approval following a series of consultations with stakeholders.Read more

Israel-Hamas conflict to impact Indian exporters: Report

The conflict serves as a reminder of the uncertainties facing ambitious trade projects like the India-Middle East-Europe Economic Corridor (IMEC), says Container xChange report. Adani Ports, operator of the Haifa Port, has assured stakeholders of operational readiness while closely monitoring the situation.Read more

Budget proposes Rs 90 bn for revamped credit guarantee scheme to MSMEs

The announcement that the Government will bring another dispute resolution scheme under Vivad Se Vishwas-II to settle commercial disputes will help MSME and trade resolve their issue urgently.Read more

Govt extends Credit Guarantee Scheme for Subordinate Debt till March 2022

The scheme - launched on June 24, 2020 to provide credit facility through lending institutions to the promoters of stressed MSMEs - was to end on September 30, 2021. Read more

Government extends Credit Guarantee Scheme for Subordinate Debt till Sept 30

This move is aimed at keeping avenues of assistance open to the stressed MSME units. Read more

Nitin Gadkari: “Ministry and World Bank working on credit guarantee program to finance unrated MSMEs”

The government is aiming to really educate MSMEs about the benefit of adopting solar rooftop and achieving cost-competitiveness. Read more

Government extends Emergency Line Credit Guarantee till Nov 30

The extension is expected to provide an opportunity to the borrowers who are yet to avail this scheme, thereby gaining from this scheme.Read more

Government not keen to extend credit guarantee scheme for MSMEs

The objective is to provide support to all those affected and if there are no takers for the scheme, there is no need to extend the scheme even though there is some room left. Read more

Ministry suggest increase in credit guarantee for MSMEs to Rs 5000 bn

MSME Minister Nitin Gadkari urge industry to look upon the present crisis as opportunity especially as some countries are looking to move away their investments from China.Read more

IPF Industrial Excellence Awards 2018 receives thumbs up from industry

Industrial Products Finder (IPF) recognises the fastest growing SMEs from manufacturing sector and firms that meet the standards of ‘Product Excellence’. This year’s awards received thumbs up from more than 200 who’s who of the industry who were present for the function where 15 SMEs from across India were honoured for their performance.Read more

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