Rubique, the one-stop online marketplace providing technology enabled end-to-end solution to financing needs of MSMEs, has signed an agreement with National Small Industries Corporation Limited (NSIC) in which both will create an interface which will ease credit facilitation for MSMEs by allowing…
Tag: NSIC
#SuperSMEawards | MSME Minister Kalraj Mishra says recognition will fuel growth of SME sector
Union Micro, Small & Medium Minister, Kalraj Mishra has said that the small entrepreneurs across India deserve greater recognition for their stellar contribution to the Indian economy. Lauding the Super SME Award initiative launched by SMEpost.com, an exclusive digital media start-up to give …
To usher in ‘Acche Din’ for MSMEs, all Schemes should be brought under one umbrella
MSMEs contribute 45% of the total industrial output constituting 40% of the country’s total exports. The sector employ about 60 million people and create 1.3 million jobs every year. No wonder the Government has launched so many initiatives like Mudra Bank, Stand Up India, Start Up India, Pradhan…
New rating guidelines will enhance credibility | CRISIL
Credit rating agency CRISIL, which pioneered ratings for MSMEs too in India, feels that the revised guidelines on the Performance and Credit Rating Scheme (PCRS) by the Union Ministry of Micro, Small and Medium Enterprises, will enhance the credibility of the ratings and increase its usage across…
Government revises norms of performance in Credit Rating Scheme
Government approved the revision in guidelines of the Performance in Credit Rating Scheme, aiming to increase its credibility and effectiveness for both borrowers and banks. Under the revised guidelines, the fee to be paid to the rating agencies shall be based on the turnover of the Micro and Sma…
Global barons & local tycoons meet at P4 Expo India 2016
Spurred by the prospect of participating in the growth story of Indian Petrochemicals and related industries, All India Plastic Industries Association (AIPIA) has organised P4 Expo India 2016, an international trade show and conference on plastics, petrochemicals, printing and packaging, at India…
410 overseas carpet buyers from 58 Countries attend India Carpet Expo 2016
The 31st edition of India Carpet Expo came to a close today. The Expo was organized by the Carpet Export Promotion Council, to promote the cultural heritage and showcase the weaving skills of Indian hand-knotted carpet artisans, amongst overseas hand-knotted carpet buyers. Held at NSIC Exhibition…
FICCI organises Industry interaction with Indian Army in association with NSIC
FICCI has organised Industry interaction with Lt. Gen. SubrataSaha, UYSM, YSM, VSM Deputy Chief of the Army Staff (P&S) in association with NSIC on 04.03.16 at Bangalore. NSIC Bangalore Office played vital role in inviting high end MSMEs for fruitful interaction and giving out of box ideas an…
Rs. 200 crore for Performance & Credit Rating Scheme to enable MSME credit access
Union MSME Minister Kalraj Mishra addressed a post-Budget press conference on March 08, 2016 in New Delhi and announced an all-time high budget of Rs. 200 crore for Performance and Credit Rating Scheme for financial year 2016-17. The allocation would enable units to be ready for accessing credit.…
MSME Institute to help SMEs become PSU suppliers
Industrialists from Punjab looking to become registered suppliers of public sector undertakings (PSU), including organizations from defence, railways, and fertilizer sectors have a golden opportunity in their hands. Micro, Small, and Medium Enterprises Development Institute (MSME-DI), Ludhiana, w…