Tag: MUDRA

Pradhan Mantri MUDRA Yojana generates 5.5 cr jobs, says SKOCH report

The Pradhan Mantri MUDRA Yojana (PMMY), which provides access to institutional finance to small business units, has helped in creating 5.5 crore jobs with industrialised states being major beneficiaries, a report said. Industrialised states like Karnataka, Tamil Nadu and Maharashtra have been the…

‘SIDBI has touched lives of more than 360 lakh people in MSME sector’

Small Industries Development Bank of India (SIDBI) has touched the lives of more than 360 lakh people in the MSME sector, directly and indirectly through various credit measures, informed officials in the 19th Annual General Meeting of SIDBI on July 07, 2017, in Lucknow. In the meeting, Ajay Kuma…

MSME careers: How to unshackle small enterprise growth in India

The micro, small and medium enterprises (MSME) employ more than 80 million people in India and contribute to around 40% of total exports and 37% of total GDP. Yet it is not easy for most of them to thrive owing to lack of funds, obsolete technology and poor production capacity. It is, therefore, …

Budget 2017: Time to extend the tax sops to SME

Be it Make in India or Skill India, all efforts to a sustainable economic growth and development are not possible if there is no strong small and medium enterprises (SME) sector in the economy. SME contributes approximately 45% of industrial output and 40% of exports. That makes an important cont…

नोटबंदी की वजह से MUDRA लोन पर साल के अंत में पड़ा असर

छोटे कारोबारियों के आसानी से कर्ज प्राप्त करने के लिए शुरू की गई योजना माइक्रो यूनिट्स डिवेलपमेंट ऐंड रिफाइनैंस एजेंसी (MUDRA) पर नोटबंदी का  बुरा प्रभाव पड़ा है। मुद्रा के सीईओ जीजी मेमन ने कहा, “हमने 1 अप्रैल से लेकर 31 दिसंबर 2016 तक हमने 80,000 करोड़ रुपये तक का कर्ज योजना के तहत वितरित [&hel…