National Small Industries Corporation (NSIC) has launched a GST helpline to help MSMEs conduct their business under the new tax regime. The helpline comes as part of the Corporation’s earlier launched GST information campaign. The helpline comes to assist MSMEs undergo the GST transition and unde…
Tag: MSME
IIA submits White Paper for a better tomorrow of MSMEs in Uttar Pradesh
IIA has also proposed to redesign an online system to address the grievances of MSMEs as well as to re-establish the online single table system for the sector.
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DIPP drafting new “future ready” industrial policy with MSMEs, innovation & taxation on its mind
With Industrial Revolution 4.0 knocking on doors, Department of Industrial Policy and Promotion (DIPP) is gearing up to step up the 1991 Industrial Policy of India with its thought over mid and long-term targets for the new industrial policy. The reforming new industrial policy for a “future read…
RBI urges banks to look beyond big tickets & focus on MSME lending
Mundra said there are many “strong and logical” reasons to showcase the importance of the MSME sector in strengthening banking industry because big industrial loans have huge problems and banks cannot merely rely on consumer and/or retail loans.
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Yes Bank launches ‘YES GST’ programme for MSMEs
Through the program, the Bank will help MSMEs understand the impact of the proposed changes under the new tax system. Missed Call Helpline facility, GST-ready Working Capital Management, GST-ready Invoicing and Cash Management solution, and GST-ready Business Credit Cards will be provided.
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SIDBI launches Certified Credit Counsellor programme for MSMEs
SIDBI has launched a programme for Certified Credit Counsellor for MSME on July 11. The program was launched by S S Mundra, Deputy Governor at Mumbai and attended by senior officials of RBI, banks and other stakeholders concerning MSME including from industry associations. MSMEs sector faces seve…
Evening Post | July 10, 2017 | GST to boost MSME competitiveness | Lean manufacturing & tech are tools of manufacturing hub
GST to boost MSME competitiveness & help industry contribute $280 b to GDP by 2026: Study Industry is estimated to contribute $280 billion to India’s GDP by 2026 as a positive fall-out of the Goods and Services Tax, says a joint report titled ‘Emerging Mantras for Bankers-Borro…
GST will boost competitiveness of MSMEs: Study
The Goods and Services Tax (GST) will boost the competitiveness of micro, small and medium enterprises (MSMEs), noted a recent joint study by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) and Ashvin Parekh Advisory Services (APAS). “From a MSM…
Yogi Adityanath urges SIDBI to set aside Rs 200 cr for start-ups in UP
The Yogi Adityanath government in Uttar Pradesh has urged the Small Industries Development Bank of India (SIDBI) to institute a start-up fund for promoting micro, small and medium enterprises (MSMEs) within the state. Sidbi Deputy Managing Director Ajay Kumar Kapur, said on July 7 that the propos…
‘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…