Govt introduces bill to raise investment limits for MSME units

Last Updated: Monday, April 20, 2015, 16:10

These investment limits were fixed by the Micro, Small and Medium Enterprises Development (MSMED) Act in 2006.

NSIC to focus on innovation, skill development in MSME sector

Last Updated: Monday, March 30, 2015, 18:15

National Small Industries Corporation (NSIC) has signed a pact with the government for promotion of innovation and entrepreneurship to give a fillip to the MSME sector in the country.

Stakeholders' meet to discuss setting up Mudra Bank on March 25

Last Updated: Sunday, March 22, 2015, 13:23

Finance Ministry has called the first meeting of all stakeholders, including MSME and microfinance institutions, on March 25 for discussing formalisation of structure of the Rs 20,000-crore Mudra Bank.

Allocated Rs 3,300 cr to MSME sector, highest in 3 yrs: Govt

Last Updated: Monday, March 9, 2015, 14:34

Government has earmaked over Rs 3,300 crore this fiscal, the highest allocation in the last three financial years, to develop the MSME sector and is implementing a special programme to develop its infrastructure, Lok Sabha was informed today.

Many MSMEs either shut down or sick due to shortage of funds

Last Updated: Monday, March 2, 2015, 15:18

A number of MSME units across the country have either shut down or became sick due to inadequate funds, power shortage, high cost of capital and recession, Parliament was informed today.

'Take steps to promote women entrepreneurs in MSME sector'

Last Updated: Wednesday, February 11, 2015, 19:00

Easy availability of credit and a marketing platform for products are some of the measures that government should take to promote women entrepreneurs in the MSME sector, says a report by think-tank CUTS International.

MSME Minister pitches for development of resource-based sectors

Last Updated: Sunday, February 8, 2015, 18:06

Inaugurating the new Corporate Social Responsibility Centre 'The CSR Hub' at Indian Institute of Entrepreneurship (IIE) here, the Minister said it would play a catalytic role in channelising products in domestic and international market.

MSME products should be made competitive, cost-effective: Govt

Last Updated: Saturday, December 27, 2014, 19:26

"It is therefore essential for us to devise methods to make the products of our MSMEs more competitive and cost effective," he said.

RGUMY being revamped to push MSME sector growth

Last Updated: Friday, December 26, 2014, 20:15

The Rajiv Gandhi Udyami Mitra Yojana (RGUMY), which has been renamed as the Business Accelerator and Start-up Programme, is being revamped to generate more employments and speed up growth in the MSME sector.

Govt approves Credit Guarantee Funds for Factoring for MSME

Last Updated: Wednesday, December 10, 2014, 23:21

The Cabinet Wednesday cleared a proposal for setting up of a Rs 500-crore Credit Guarantee Fund for Factoring for MSME units.

Committed towards industry responsive manpower for MSMEs: Govt

Last Updated: Friday, December 5, 2014, 22:20

To meet skilled manpower requirement in the Micro, Small and Medium Enterprises (MSME) sector, the government is committed to create industry responsive manpower by giving thrust on employable skills and vocational training.

RBI issues norms for trading platform for MSME receivables

Last Updated: Wednesday, December 3, 2014, 20:57

To help MSMEs, RBI today permitted setting up of an exchange-based trading platform to facilitate financing of bills raised by such small entities to corporate and other buyers, including government departments and PSUs.