Tag: MSMEs

Axis Bank

Axis Bank launches digital invoice discounting platform for MSMEs

To help micro, small and medium enterprises (MSMEs) and improve their quality in accessing funds, Axis Bank launched its digital invoice discounting platform, Invoicemart. Invoicemart is a digital invoice discounting platform created by A.TREDS, a joint venture of Axis Bank, India’s third-largest…


Punjab aims Rs 5 L cr investments under new industrial policy

Chandigarh:  Punjab is hopeful of attracting investments worth Rs 5 lakh crore over the next five years as the Congress-led government is in the process of drafting new industrial policy with special focus on services sector. Besides, the new industrial policy will also focus on revival of e…


Simpler Insolvency & Bankruptcy Code likely to soon evolve for SMEs

The Government is keen to simplify the insolvency and bankruptcy code for partnership and proprietorship firms and evolve an efficient and low-cost code for SMEs, keeping in mind the job creation capacity of the sector. Given the increasing number of corporate loan defaulters, the Insolvency and …


TIIC conducts loan mela for MSMEs

Tamil Nadu Industrial Investment Corporation (TIIC) is aiming to disburse loans to the tune of Rs 1,800 crore for entrepreneurs, micro, small and medium enterprises across the State, said a top official here on Monday. T. Kirubakaran, General Manager, TIIC (Projects), said that the State-run fina…

The flip side of GST: Its impact on the informal economy

The markets are gung-ho about the shift to the goods and services tax (GST). One factor driving this optimism is the anticipated shift of business from small, unorganized firms in some sectors to organized ones. Since the latter are already in the formal economy, comply with regulations, are gene…


Rubique launches TAB solution to make financing simple for MSMEs

For MSMEs, raising capital so far has been a herculean task with all the tedious paperwork, evaluation of credit history and high rejection rates due to various reasons. But, things are now set to change as the leading fintech player Rubique is making a strong headway in the country’s lendi…

Vipul Goyal Hariyana

हरियाणा: सरकार ने MSMEs के विकास के लिए कई लाभकारी योजनाओं को शुरु किया | विपुल गोयल

हरियाणा सरकार के इंडस्ट्री एंड कॅामर्स मिनिस्टर विपुल गोयल ने कहा है कि सरकार ने छोटे और लघु उद्यमियों के विकास के लिए कई लाभकारी योजनाओं को शुरु किया है। गोयल ने अपने ट्विटर अकाउंट के जरिए राज्य सरकार द्वारा लघु उद्योगों के विकास के लिए की गयी घोषणाओं को बताया है। गोयल ने कहा […]


स्टार्टअप इंडिया स्कीम ने भारत में निवेश को बढ़ाया है | हरिभाई पार्थीभाई चौधरी

केंद्रीय राज्य एमएसएमई मंत्री हरिभाई पार्थीभाई चौधरी ने तमिलनाडु के श्री मनाकुला विनायगर इंजीनियरिंग कॉलेज में टेक्नोलॉजी बिजनेस इनक्यूबेटर (टीबीआई) सेल का उद्घाटन किया। यह सेल एमएसएमई मिनिस्ट्री के तहत कार्य करेगी। मंत्री हरिभाई पार्थीभाई चौधरी ने इस अवसर पर कहा कि केंद्र सरकार छात्रों के तकनीकी…