NALCO may lend its brand name to boost MSME sectors: Dr. Chand, CMD, NALCO

Bhubaneswar: “While Nalco provides a large market for the Micro Small and Medium Enterprises of Odisha and has supported the growth of the sector as a responsible Mother Plant, the company is now considering lending its brand name for downstream MSME industries dealing with aluminium applications…

New industrial policy to focus on MSME growth

Chandigarh: Signifying a drastic shift in attracting industry, the Congress government is focusing on the micro, small and medium enterprise (MSME) investors rather than the big-ticket ones. On the cards is a dedicated organisation to accelerate their growth, development of common environmen…

AP Govt to support Fintech Industry

The AP Government is leaving no stone unturned to make AP the digital state in India. During the conference held in New Delhi on August 9, In his speech, Chowdary detailed the essentials for fintech startups identified by experts in the AP government. Chowdary highlighted the Andhra Pradesh’s new…

Rise in NPAs worries MSMEs in West Bengal: SBI

Country’s leading lender State Bank of India (SBI) on August 10, said that the rising NPAs in the MSME sector in West Bengal was worrisome for which the bank had introduced new assessment system for these units. “It is worrisome that the level of NPAs in the MSME sector has touched 16…

MSMEs can now create GSTR-1 using Offline Tool & Excel Worksheet

The governmenment has taken another step to make it easy for MSMEs to create their GSTR-1 using Offline Tool and Excel Worksheet. The procedures are made available in the government website www.gst.gov.in and it is free of cost. This, would be beneficial for MSMEs sector as facilities are availab…