BJP president Amit Shah Friday expressed confidence that the measures taken by the Union government to boost the micro, small and medium enterprises sector will write a "new chapter of development and progress".
Prime Minister Narendra Modi on Thursday launched a programme to approve loan requests of up to 10 million rupees ($138,000) for small- and medium-sized businesses within 59 minutes, as he tries to woo a large voting block ahead of a series of elections.
Prime Minister Narendra Modi will on Friday launch a 100-day programme to promote micro, small and medium enterprises (MSMEs) through several measures including easy access to credit in 100 "aspirational" districts of the country.
India needs to create around 100 million new employment opportunities over the coming decade as it looks to encash its demographic surge as rise in employment can help accelerate the country's growth potential and make it inclusive, says a report.
Leading stock exchange NSE Wednesday said it has signed a pact with the Uttarakhand government to provide access to capital to MSMEs, which will fuel growth of such entities in the state.
ICICI Bank Monday said it will extend an overdraft of up to Rs 1 crore to any small business based on its GST returns for meeting short-term working capital requirements.
Swedish furniture retail company IKEA has evinced interest in sourcing products from West Bengal, state Finance Minister Amit Mitra today said.
MSME exports were hit more by issues related to GST implementation than demonetisation, according to a report released on Friday.
The National Stock Exchange (NSE) would extend all possible support to bring MSMEs to initial public offering (IPO) platform to tap the market, a top official has said.
The ongoing countrywide strike by truckers has led to an estimated direct and indirect loss of over Rs 50,000 crore to the economy and the government and transporters should resolve the crisis through negotiations, an Assocham statement said.