The Ministry of Micro, Small and Medium Enterprises (MSME) implements the Credit Guarantee Scheme (CGS) for Micro Small Enterprises (MSEs) through the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). Union Minister of State for MSME, Shobha Karandlaje, informed this in Lok Sabha as a written reply toContinue Reading
The All India Importers and Exporter’ Association has expressed deep concern over inequitable treatment of MSME exporters operating under the Duty-Free Import Authorisation (DFIA) scheme. The Association said DFIA exporters are being discriminated in comparison with exporters operating under similar export promotion schemes such as Advance Authorisation (Advance Licence), SpecialContinue Reading
Godrej Finance has launched Supply Chain Finance (SCF) business, involving both payables and receivables financing, in a bid to expand its MSME lending franchise. The company, which is a subsidiary of Godrej Capital, aims to build a ₹6,000 crore SCF portfolio over the next 5 years, with the business expectedContinue Reading
Union Minister Jitan Ram Manjhi | Photo Credit: ANI Union MSME Minister Jitan Ram Manjhi urged banks to facilitate greater access to institutional credit for micro, small and medium enterprises and called upon all stakeholders to ensure effective implementation of government initiatives for the sector growth. The minister visited PuducherryContinue Reading
India’s shift towards clean mobility is opening up new opportunities for MSMEs, even as it disrupts traditional supply chains. At the Coimbatore edition of The Hindu businessline’s MSME Growth Conclave 2026, industry leaders discussed how electric mobility is both a challenge and a catalyst for transformation. From fewer components inContinue Reading
Micro, small and medium companies (MSMEs) face challenges that are dichotomous. Working capital at competitive rates is hard to come by, and where available, poor awareness and reluctance to connect with multiple stakeholders prevent engagement. This came to the fore at a discussion on Financing in Times of War, moderatedContinue Reading
Micro, small and medium enterprises (MSMEs) should not aspire to remain small forever. Once they achieve stable profitability, they must shift their focus from merely making money to building larger, purpose-driven enterprises, said Jairam Varadaraj, Managing Director of Elgi Equipments. Further, MSMEs must grow from producers of “me too” productsContinue Reading
