New Delhi, Apr 11 (KNN) The Centre is exploring the extension of the Trade Receivables Discounting System (TReDS) to defence procurement in a move aimed at improving payment cycles for micro, small and medium enterprises (MSMEs). Move To Ease MSME Payment Delays The proposal seeks to integrate defence procurement transactionsContinue Reading
.jpg?w=690&resize=690,550&ssl=1 "MSME Ministry Trains 2,500 Artisans in AI Under PM Vishwakarma Scheme")
New Delhi, Apr 20 (KNN) The Ministry of Micro, Small and Medium Enterprises has trained over 2,500 traditional artisans under the PM Vishwakarma Scheme in the use of artificial intelligence tools to enhance productivity, market access and business capabilities. The programme aligns with the government’s “AI for Social Good” visionContinue Reading
New Delhi, Apr 30 (KNN) The Ministry of Skill Development and Entrepreneurship (MSDE) convened a high-level consultative workshop to outline a roadmap for scaling apprenticeship adoption among micro, small and medium enterprises (MSMEs), with a focus on strengthening workforce readiness and improving industry participation. The workshop on “Scaling Apprenticeship UptakeContinue Reading
New Delhi, May 12 (KNN) Chief Economic Advisor (CEA) V Anantha Nageswaran on Tuesday urged large companies to ensure timely payments to micro and small enterprises (MSEs) to ease their working capital constraints and reduce borrowing costs. Speaking at the CII Annual Business Summit, he said bigger firms should promptlyContinue Reading
New Delhi, May 18 (KNN) Micro, small and medium enterprises (MSMEs), reeling under the double whammy of soaring input costs and exports slowdown, want Competition Commission of India (CCI) to ensure key raw material suppliers do not misuse their monopoly position to keep prices high under the pretext of WestContinue Reading
Amaravati, Jun 1 (KNN) Andhra Pradesh has taken a step towards sustainable industrial development with Energy Efficiency Services Limited (EESL), under the Union Ministry of Power, finalising a comprehensive action plan to promote energy and water efficiency across the state’s MSME ecosystem. The initiative follows the AP MSME Growth SummitContinue Reading
New Delhi, Apr 13 (KNN) Indian banks have approached the Reserve Bank of India (RBI) seeking approval for a targeted loan repayment moratorium for micro, small and medium enterprises (MSMEs), citing economic disruptions arising from the ongoing US-Iran conflict The proposal, submitted by the Indian Banks’ Association (IBA), recommends anContinue Reading
