Late last month, the National Board of Micro, Small, and Medium Enterprises, organised by the Ministry of Micro, Small, and Medium Enterprises (MSME) including Khadi/Coir with all States and Union Territories’ Ministers and Secretaries met in the Capital. With a welter of as many as fifteen items…
Tag: CGTMSE
Kalraj Mishra lists a slew of firsts, maximums & upcomings at 15th National MSME Board Meeting
Union MSME Minister Kalraj Mishra addressed the 15th National Board Meeting of MSME at Vigyan Bhawan in New Delhi on April 27, and detailed the achievements of MSME Ministry in 2016-17, while also painting the possibilities in near future. “I recall the previous meeting of National Board when Aru…
नोटबंदी के बाद MSMEs के लिए लोन और वर्किंग कैपिटल लिमिट बढ़ाई गई | हरिभाई पार्थीभाई चौधरी
केंद्रीय राज्य एमएसएमई मिनिस्टर हरिभाई पार्थीभाई चौधरी ने राज्यसभा द्वारा पूछे गये एक सवाल के लिखित जवाब में कहा है कि सरकार विमुद्रीकरण से एमएसएमई सेक्टर को हुए नुकसान को भरने की निरंतर कोशिश कर रही है। उन्होंने कहा कि एमएसएमई को क्रेडिट गारंटी फंड़ योजना के तहत दिये जाने वाली लोन की सीमा को [&h…
The case for venture debt in Indian start-ups
Venture debt is increasingly becoming a fairly common component of funding rounds in India. The thesis for venture debt in mature markets is largely centred on intellectual property-driven tech companies, mostly having patents, which can be easily monetized. But this is rarely the case in India. …
MSE credit cover fund not self-sustaining: RBI
The Reserve Bank of India has cautioned the government that operations of one of the country’s largest credit guarantee funds, Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), is not self-sustaining. CGTMSE has given outstanding guarantees of `65,200 crore till Septembe…
MSME Ministry for revival of sick units
The Government will work out modalities to revive sick industry soon, Union MSME Minister Kalraj Mishra has said. At a regional conclave of MSMEs from states of Punjab, Haryana, Chandigarh, Delhi, Uttrakhand, Jammu and Kashmir and Himachal Pradesh, Mishra said “the idea behind such conclave…
Exclusive | Outdated MSME schemes to be pruned in the budget: Govt
The union budget to be presented by Finance Minister Arun Jaitley on February 29 is likely to prune 180 odd schemes to promote Micro, Small and Medium enterprises in the country into 40-50 schemes to make them more effective. Official sources told SMEpost.com that the idea behind this consolidati…
Exclusive | Outgoing MSME Secretary outlines what to expect in the Budget
For someone who drove positive change at the MSME Ministry, there is optimism in the air. His eyes are focused on February 29 even as he is set to move on. He believes the coming Union Budget would announce path breaking set of policies that would unlock the latent potential of the sector. Meet t…
Exclusive | UAM, Funding & Skill Initiatives to be key drivers of MSME growth | MSME Minister Kalraj Mishra
Prime Minister Narendra Modi has decided to pursue inclusive growth with renewed vigor in the New Year so that India shines for all especially those living in six lakh villages. The key to success of this initiative is promotion of MSMEs across India in view of its huge potential for job creation…