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Digital Competition Bill Could Undermine MSME Ecosystem, Say Small and Medium Businesses

Digital Competition Bill

Digital Competition Bill Could Undermine MSME Ecosystem, Say Small and Medium Businesses Members of the India SME Forum, the largest association of SMEs in the country, expressed concerns that the Digital Competition Bill (DCB) could adversely affect the MSME ecosystem and hinder India’s Viksit Bharat goals. The industry body, representing small and medium enterprises (SMEs), […]

India’s Manufacturing Sector Growth Slows in July Amid Softer Orders and Output

manufacturing sector

India’s Manufacturing Sector Growth Slows in July Amid Softer Orders and Output New Delhi: India’s manufacturing activity eased slightly in July due to softer increases in new orders and output, following a recovery in June from a three-month low in May. The HSBC final India Manufacturing Purchasing Managers Index (PMI), compiled by S&P Global, recorded […]

India Elected Vice-Chair of Indo-Pacific Supply Chain Council

IPEF

India Elected Vice-Chair of Indo-Pacific Supply Chain Council India has been elected as Vice-Chair of the Supply Chain Council, the Commerce and Industry Ministry announced on Wednesday. In a significant milestone, the 14 partner countries of the Indo-Pacific Economic Framework (IPEF) have established three councils to enhance economic cooperation in the region. Under the Indo-Pacific […]

High Returns and Government Support Drive AIFs to Explore SME-Focused IPOs

Alternate Investment Fund

High Returns and Government Support Drive AIFs to Explore SME-Focused IPOs Approximately 900 SMEs are now listed on the SME platforms of both the National Stock Exchange and the BSE, with significant traction observed over the past 2-3 years. The recent success of Initial Public Offerings (IPOs) for Small and Medium Enterprises (SMEs), coupled with […]

Incentives Worth Rs 9,721 Crore Claimed Under PLI Scheme for Nine Sectors: Piyush Goyal

PLI scheme

Incentives Worth Rs 9,721 Crore Claimed Under PLI Scheme for Nine Sectors: Piyush Goyal Commerce and Industry Minister Piyush Goyal informed the Lok Sabha on Tuesday that incentives amounting to Rs 9,721 crore have been claimed under the Production Linked Incentive (PLI) scheme for nine sectors, including electronics manufacturing and pharmaceuticals. Actual investments totaling Rs […]

NSE Partners with Defence Ministry to Facilitate MSME Capital Access

national stock exchange

NSE Partners with Defence Ministry to Facilitate MSME Capital Access The National Stock Exchange (NSE) has partnered with the Defence Ministry to provide capital market access to MSMEs in the defence sector through its NSE Emerge platform. New Delhi, Jul 29 (PTI) – The National Stock Exchange (NSE) announced on Monday that it has signed […]

SEBI Urges Stricter Norms for SME IPO Approvals: Report

SEBI

SEBI Urges Stricter Norms for SME IPO Approvals: Report The market regulator is reportedly also working on tweaking the eligibility criteria for SME IPOs to ensure only fundamentally strong companies make the cut. The Securities and Exchange Board of India (SEBI) has instructed stock exchanges to exercise increased vigilance when approving initial public offerings (IPOs) […]

MSME Credit to Benefit from Budget Boost, Counter Unsecured Loan Stress

MSME

MSME Credit to Benefit from Budget Boost, Counter Unsecured Loan Stress To enhance credit flow to MSMEs, the government is urging banks to offer collateral-free term loans and additional support during financial stress. The FY25 budget includes a new credit guarantee scheme to help MSMEs in manufacturing secure loans for machinery and equipment without needing […]

MSME Experts Highlight Gaps in Budget 2024

union budget 2024

MSME Experts Highlight Gaps in Budget 2024 The MSME ecosystem has collectively praised the measures announced in the Budget 2024, including a Rs 100 crore Credit Guarantee Scheme for manufacturing units, a new credit assessment model based on MSME digital footprints, credit support for MSMEs under stress, enhanced Mudra loan limits, and a reduced turnover […]

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