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CSIR-CMERI transfers Oxygen Enrichment tech to two more MSMEs
CSIR-CMERI in the last five years has transferred 125 different technologies to the MSMEs to empower the sector at large, and setup specialised manufacturing hubs to improve the technical capabilities of the national industry base and human resource profile.Read more
Success of pre-pack insolvency scheme depends on implementation by CoC: NCLT
If this scheme performs well, it may be expanded to other corporate debtors as well, discussed during the webinar.Read more
RBI extends support for small businesses with Resolution Framework 2.0
Small businesses engaged in retail and wholesale trade other than those classified as micro, small and medium enterprises (MSMEs) will also be eligible to avail the benefit. The central bank also allowed MSMEs with loans of up to Rs 25 for restructuring businesses crore in a separate notification.Read more
CSIR-CMERI transfers Oxygen Enrichment tech to four MSMEs
Oxygen enrichment technology will also be further transferred to other companies and even government PSUs. While MSEs have started supplying resources like compressors, analysers, manufacturing capacity etc.Read more
Vedanta unveils ‘Saathi’ programme to fuel the MSME ecosystem
With this programme, the leading producer of metals and oil & gas is seeking partnerships with MSMEs to set up downstream and ancillary manufacturing units near its plants. Read more
Sivasubramanian Ramann takes charge as the new SIDBI CMD
His appointment will be effective for a period of three years.Read more
Government notifies Pre-packaged insolvency Amendment PPIRP for MSMEs
The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 was promulgated on April 4, 2021 by the President Ram Nath Kovind.Read more
Vedanta’s ‘waste to wealth’ projects boost local MSMEs in Odisha & Chhattisgarh
The company supports over a hundred brick manufacturing MSMEs situated around and beyond its areas of operations with fly ash free of cost to their doorsteps, amounting to nearly 5 lakh metric tonnes per annum.Read more
MUDRA Yojana helps generate 1.12 cr additional employment between 2015 to 2018
The loans are given for income generating activities in manufacturing, trading and services sectors and for activities allied to agriculture.Read more
Raghunandan Saraf: E-commerce is a gamechanger for Indian MSMEs
The e-commerce market in India is anticipated to reach $84 billion in 2021 owing to unprecedented and ever-growing internet users in India. Raghunandan Saraf, Founder & CEO, Saraf Furniture, believes that e-commerce is a catalyst for MSME sector growth.Read more