Government on Monday said that over 2.63 lakh applications for loan of ₹1.71 lakh crore have been received under latest version of Emergency Credit Line Guarantee scheme (ECLGS 5.0) The data are up to May 29. In the Interministerial briefing on West Asia, Manoj Ayyappan, Joint Secretary in the FinancialContinue Reading
Banks have sanctioned ₹35,000 crore loans under the Emergency Credit Line Guarantee Scheme (ECLGS) to MSMEs and industries impacted by the West Asia conflict. The scheme, approved by the Union Cabinet on May 5, aimed at providing additional credit flow of ₹2.55 lakh crore, including ₹5,000 crore for airlines hitContinue Reading
The finance ministry has called a meeting of heads of public sector banks (PSBs) on Friday to review financial performance, progress of credit flow to the agriculture sector and MSMEs amid the West Asia crisis. The meeting is scheduled to be chaired by Financial Services Secretary M Nagaraju, a dayContinue Reading
MSME Ministry Accelerates PM Vishwakarma Roll-Out in…Continue Reading
Andhra Pradesh Chief Minister N Chandrababu Naidu | Photo Credit: bl-online Administrator Andhra Pradesh Chief Minister N Chandrababu Naidu on Monday said MSMEs will drive the state’s economic transformation and announced plans to establish industrial parks in all constituencies. The CM also set a target of creating 100 unicorns inContinue Reading
Chief Minister N Chandrababu Naidu Andhra Pradesh Chief Minister N Chandrababu Naidu will virtually launch 38 MSME parks across the state on Monday as part of the government’s push to strengthen the industrial ecosystem and promote entrepreneurship. According to the CM, the Micro, Small and Medium Enterprises (MSME) parks initiativeContinue Reading
Dr Rajneesh, Additional Secretary and Development Commissioner (MSME), met Chief Secretary Manoj Agarwal to discuss accelerating implementation, improving beneficiary identification and expanding outreach among traditional artisans and craftspeople. | Photo Credit: VENKATACHALAPATHY _C The Centre’s flagship scheme, PM Vishwakarma, is set for implementation in West Bengal, the MSME Ministry saidContinue Reading
