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MSME body CIMSME requests RBI to extend repayment period under ECLGS

CIMSME urged for extension of repayment under ECLGS 1.0 from three to five years after the moratorium period. It also requested the extension for all MSMEs without any restriction.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

TDK launches inductors for small power systems in TWS devices

These new inductors feature a rated current of 500 mA in a small-sized component with an inductance of 2.2 ?H. TDK’s unique magnetic shield structure reduces magnetic flux leakage.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

India will not become a $ 5-trn economy, if MSMEs remain small: Ram Iyer

In conversation with Rakesh Rao, Ram Iyer, CEO & Founder of Vayana Network, elaborates on trade financing, importance of MSMEs for India's economy and support extended by Vayana Network for ushering growth of MSMEs.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

Pharma MSMEs demands to expedite implementation of PTUAS

The recently announced PLI scheme is a good move towards making Indian pharma industry self-reliant. However, PTUAS does not have any investment restriction therefore it will benefit all the players. MSMEs through various bodies have recommended changes in the existing criteria of PTUAS.Read more

Unlocking the export challenge

Share of exports of products related to India’s micro, small and medium enterprises (MSME) during the year 2018-19 stood at 48.10 per cent, as per the information from Directorate General of Commercial Intelligence and Statistics. Read more

SME Round up: January 2020

During January 2020, there was a broad-based decline across all 4 indices, according to CARE Ratings' Monthly SME Roundup report.Read more

Coronavirus: A silver lining for India’s exports?

India’s exports witnessed a nominal year on year decline of 1.66 per cent to $ 25.97 billion in January 2020 due to global and domestic factors.Read more

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