MSMEs

‘Instant Line of Credit’ is the topmost requirement of MSMEs in the financial services category, and ‘Industry Networking’ tops the chart in the non-financial services category, said a new report. Lack of easy access or non-availability of…

Business Support emerged as a critical area where MSMEs seek expert guidance on services such as ‘Business Accounting, Tax Filings, GST Calculation & Filing Support’, said a new report. MSMEs struggle to keep up with quarterly GST and…

Of the total payment, Rs 692.36 crore was paid in the last month, the ministry said. (Representative image)The status of pending payments to MSMEs by CPSEs of the steel ministry is being monitored on a weekly basis.Public sector steel…

Written By Arun Poojari:Micro, small and medium enterprises (MSMEs) are the lifeblood of the Indian economy, with a 30 per cent contribution to the GDP and 35 per cent of annual gross value added (GVA). However, what needs to be understood…

Receivable financing enables MSMEs to receive immediate payment for their outstanding invoices.This financial method is increasingly being used by India's MSMEs to support their working capital needs and growth plansBy Vishal…

The majority of retailers prefer UPI over other payment methods; 70% of retailers prefer UPI for digital transactions. (Representative image) 7 out of 10 retailers believe over 50% of their sales will be done through UPI in the next three…

Aditya Birla Capital, through its lending arm, Aditya Birla Finance has announced Udyog Plus, a business platform for MSMEs.This new B2B digital platform offers solutions for MSMEs, including financing, protection, investments, advisory and…

From the current scenario, an advanced 5G will come which will eventually lead to the 6G era, the official said.RK Pathak, Deputy Director General at Department of Telecommunications (DoT), said they have supported 100 startups and MSMEs…

G Kishan Reddy (Photo: Twitter handle)MSMEs are the backbone of the economy, and banks should support them and startups in the northeast, says Minister of Development for the North Eastern Region G Kishan ReddyMSMEs are the backbone of the…

It is important for India to fuel the growth of ‘the missing middle’, ie., about 64 million MSMEs that generate more than 111 million jobs, contribute 30% to GDP and account for almost 50% of the country’s total exports, through…