FM Jaitley announced slew of majors to boost MSME sector.
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Tag: MSMEs
Big Data Dividend For Small Business
While traditionally large enterprises had the resources to leverage data analytics, availability of visual analytics as a service has enabled small and medium enterprises (SMEs) to reap the benefits of technology. Information is the lifeline of any business and is a highly valued asset in today’s…
ZED improves quality systems, benefits MSMEs: QCI
ZED not only tells them about their systems but also make them realise the importance of adopting an action plan for world-class bench-marking.
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How small industries need good data management to improve efficiency
SMEs account for 45 per cent of total industry output and 40 per cent of total exports. They are a real driving force in the economy, with widespread effect on everything from poverty levels and employability to the allocation of activity in the economy and beyond
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Access, enablement & affordability are key factors in digital journey of MSMEs: SAP India
Micro, Small and Medium Enterprises (MSMEs) need to adopt strong tech-enabled business models and processes to make them more efficient and achieve global competitiveness in the quest to become digital, said a top SAP India executive in an interview to IANS. At a time when large corporates as wel…
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…
With 9 days to GST rollout, Anti-Profiteering rules still a major concern for Telangana MSMEs
With less than 10 days left for the Goods and Services (GST) regime to come into effect, apprehensions about anti-profiteering and penalties have been worrying Micro, Small and Medium Enterprises (MSMEs) in the state. So far, 85 per cent of traders across the state have registered themselves unde…