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New Delhi: The industry has hailed two key interventions under the ‘Niryat Protsahan’ sub-scheme to strengthen MSME exports by providing affordable and easier access to trade finance, saying this will lower the cost of exporting, expand access to finance, diversify export markets and strengthen India’s export brand. The Federation of Indian Export Organisations (FIEO) welcomed…
Last Updated:November 13, 2025, 7:41 PM IST The move aims to ensure raw material availability, ease import constraints, and lower input costs for downstream MSMEs in the packaging, textile, and moulding sectors The decision reflects the government’s responsive governance approach, recognising that self-regulation, innovation, and international standards can effectively ensure quality in mature industries. File pic/PTI…
The Union Cabinet is likely to discuss a special package for exporters, MSMEs and SMEs in a meeting scheduled on Wednesday. The central government’s top policy-formulating body, chaired by Prime Minister Narendra Modi, could approve a working capital loan facility for exporters as well as for the SME and MSME sectors, sources told Zee Business….
New Delhi: MSMEs’ market conditions are anticipated to improve in the next quarter, driven by stronger domestic demand and supportive policies such as the cut in GST on a wide range of products and services, SIDBI said in a report on Monday. The services sector, in particular, is showing robust expectations for future growth. Meanwhile,…
New Delhi: Around Rs 8 trillion in credit has been disbursed to India’s micro, small and medium enterprises (MSMEs) over the past three years, backed by the RBI and government policies, helping them access finance, expand business, and participate more effectively in public procurement, Girish Luthra, President, FICCI-CMSME. “RBI, together with the Government of…
Last Updated:September 21, 2025, 00:39 is The Federation of Pharma Entrepreneurs (FOPE) warns that many MSMEs face closure due to costly GMP upgrades Central to FOPE’s demand is an extension of the compliance deadline for the revised Schedule M. Representational image The Ministry of Micro, Small and Medium Enterprises (MSME) has asked the Department of…
New Delhi: The central government has approved Mutual Credit Guarantee Scheme to strengthen MSME Manufacturing Sector, fulfilling the budget announcement of 2024-25. “GoI has approved introduction of Mutual Credit Guarantee Scheme for MSMEs (MCGS- MSME) for providing 60% guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions (MLIs) for credit…
New Delhi: In an effort to empower micro, small and medium enterprises (MSMEs), the government on Tuesday launched the MSME Trade Enablement and Marketing (TEAM) initiative with a budget outlay of Rs 277.35 crore over three years. The initiative by the Ministry of Micro, Small and Medium Enterprises, in partnership with the Open Network for…
New Delhi: The Ministry of Micro, Small and Medium Enterprises (MSME) has set up the Khadi India Pavilion at Mahakumbh 2025 and encouraged visitors to join the exhibition which honours India’s timeless legacy and its commitment to promoting sustainable, locally-made products, according to the Ministry of Culture press release. Khadi India Pavilion at Mahakumbh 2025…
Bengaluru: Indian micro, small, and medium enterprises (MSMEs) are providing 21 crore jobs while making a major contribution to the economy and exports across sectors, and no MSME will be left behind by the government, Finance Minister Nirmala Sitharaman said here on Saturday. Addressing the ‘National MSME Cluster Outreach Programme’, the Finance Minister said that…