While the government is prodding the micro, small and medium enterprise (MSME) sector to drive the economy to its next phase of growth and job creation, the entire sector is grappling with challenges of getting their payments on time. Big corporates, which usually source a part of their products …
Tag: PSU
Expanding MSME horizon: B2B meet Laghu Udyog Expo-2017 gets underway in Cochin
A two-day national vendor development programme and business-to-business meet, “Laghu Udyog Expo-2017”, is being organised by the public sector Cochin Shipyard Limited (CSL) along with the Department of Industries and Commerce and the MSME Development Institute, Thrissur. Industries M…
अपनी ही नीति पर नहीं चलती सरकार!
क्या सरकार अपनी बनाई नीतियों पर ही नहीं चलती? सरकार ने नीति बनाई कि कम से कम 20 फीसदी सरकारी खरीद छोटी और मझोली कंपनियों से होगी। लेकिन अब सरकार ने ही मान लिया है कि सरकारी कंपनियां यानी पीएसयू इस पर अमल नहीं कर रहीं। आलम ये है कि 300 में से सिर्फ 61 […]
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नए वित्त वर्ष की पहली मौद्रिक नीति समीक्षा में RBI ने नहीं बदला रेपो रेट, रिवर्स रेपो रेट में 0.25% की बढ़ोतरी
नई दिल्ली: रिजर्व बैंक के गवर्नर उर्जित पटेल की अध्यक्षता वाली मौद्रिक नीति समिति ने नीतिगत ब्याज दर में कोई बदलाव नहीं करने का फैसला किया। आज की अपनी मौद्रिक नीति समीक्षा में केंद्रीय बैंक ने रीपो रेट 6.25% पर ही बरकरार रखा। हालांकि, रीवर्स रीपो रेट 5.75 प्रतिशत से बढ़ाकर 6 प्रतिशत कर दिया [&hel…
RBI eases priority sector norms to boost cash flow to MSMEs
Reserve Bank has included factoring transactions under priority sector lending with an aim to increase cash flow to small and medium enterprises. “To increase liquidity support for the MSME sector, it has been decided that factoring transactions on ‘with recourse’ basis shall be…
Digital thrust to MSME sector to speed up its growth | MSME Secretary KK Jalan
The NDA Government at the Centre has given a major thrust to the Ministry of Micro, Small and Medium Enterprises (MSME). This is one of the core areas for “Make in India” programme launched by the Prime Minister Narendra Modi. KK Jalan, Secretary of the Ministry has been piloting vari…
MSMEs need to tap procurement policy
The number of micro, small and medium enterprises in Rajasthan enrolled with the National Small Industries Corporation to participate in tenders floated by various government departments and PSUs is small even though the public procurement policy offers them opportunities to get bulk orders, a to…
Testbook raises funding from S Chand & Company
Edtech startup Testbook has raised an undisclosed amount of funding from education content provider, S Chand and Company. Founded by IIT alumni Narendra Agrawal and Ashutosh Kumar, Testbook focusses on online test preparation for competitive exams. The Mumbai-based startup aims to build a persona…
SMEs are not major defaulters of bank loans: RBI
Amidst a sense of outrage over big pile of Non-Performing Assets (NPAs) in the public sector banks, the least amount of stress is visible among not- too fancied priority sector borrowers, comprising agriculture and the micro industrial units, according to the latest RBI data. While the ratio of t…
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…