MSME Min to ask banks' heads to improve credit flow to sector

Last Updated: Wednesday, October 9, 2013, 16:34

The Ministry of Micro, Small and Medium Enterprises will soon convene a meeting of chiefs of banks to persuade them to improve flow of credit to the MSME sector.

MSME Min pitches for adoption of innovative practices by SMEs

Last Updated: Tuesday, October 1, 2013, 20:06

The market share of MSMEs has been declining domestically and in the global market, on the other hand countries such as China have been increasing their share consistently.

Govt panel to suggest easier entry, exit norms for MSME growth

Last Updated: Tuesday, September 3, 2013, 15:17

The government had set up an inter-ministerial committee (IMC), headed by the MSME Secretary, to look into issues faced by small units and suggest ways to boost manufacturing in the sector.

Measures to promote MSME export on anvil

Last Updated: Monday, August 19, 2013, 20:17

The government is contemplating additional incentives for the MSME sector with a view to boost exports and to help arrest the decline in value of rupee, which has breached 63 to a dollar mark Monday.

MSME Ministry in favour of raising investment cap for SMEs

Last Updated: Friday, July 26, 2013, 15:35

Micro, Small and Medium Enterprises (MSME) Minister K H Muniyappa is in favour of increasing the investment cap to USD 2 million in small and medium units, from which global retailers have to source 30 percent of items under the multi-brand retail policy.

30% sourcing from small units a must: MSME Ministry

Last Updated: Thursday, July 25, 2013, 19:56

The MSME Ministry today said the global multi-brand retailers must have to comply with the mandatory 30 per cent sourcing norm from small industries.

MSME Ministry wants time cap on sourcing if MSE becomes large

Last Updated: Tuesday, July 23, 2013, 17:16

In its draft cabinet note DIPP had said 'small industry' (MSME) status would be calculated only at the time of first engagement with retailer.

Policy aims to raise manufacturing share in GDP to 25% by 2025

Last Updated: Saturday, June 22, 2013, 22:34

The new manufacturing policy targets increasing manufacturing sector's share in GDP to 25 percent by 2025 from the present 16 percent, Minister of State for MSME K H Muniyappa said.

Govt for easier entry and exit rules for MSMEs

Last Updated: Wednesday, June 19, 2013, 18:21

A government-panel looking at ways to boost manufacturing in Micro, Small and Medium Enterprises (MSMEs) sector is likely to propose easier entry and exit norms for smaller units.

MSME Min to hold talks with banks for easier access to credit

Last Updated: Tuesday, June 18, 2013, 16:12

The Micro, Small and Medium Enterprises (MSME) Ministry will hold consultations with banks to persuade them for improving flow of credit to small sector.

'MSMEs share in India's exports may rise up to 50% by 2017'

Last Updated: Thursday, May 23, 2013, 16:11

The increase is expected on account of increasing demand from the western and emerging markets.

RBI widens scope for PSL, steeply hikes cap on MSME credit

Last Updated: Friday, May 3, 2013, 15:06

The Reserve Bank today announced three changes to the priority sector lending norms and more than doubled the limit for MSME advances to the services sector to Rs 5 crore.