KASSIA Flags Impact Of KERC’s True-Up Charge On MSMEs In Karnataka

Bengaluru, Apr 21 (KNN) The Karnataka Small Scale Industries Association (KASSIA) has expressed concern over a recent order by the Karnataka Electricity Regulatory Commission (KERC) approving an additional 56 paise per unit ‘true-up’ charge for consumers under Bangalore Electricity Supply Company (BESCOM), effective May 1, 2026. The charge is aimedContinue Reading

MSME Contractors Intensify Protest Over Pending Jal Jeevan Mission Payments In Andhra

Amaravati, May 13 (KNN) Micro, small and medium enterprise (MSME) contractors engaged in rural drinking water pipeline projects under the Jal Jeevan Mission (JJM) have intensified protests against the Government of Andhra Pradesh, alleging discrimination in the release of long-pending payments worth crores of rupees. Over 750 MSME contractors claimedContinue Reading

Central Bank Strengthens MSME Financing Through Nationwide Outreach Drives

New Delhi, May 19 (KNN) Central Bank of India recently organised a series of mega MSME outreach programmes across Hyderabad, Faridabad and Chandigarh to promote entrepreneurship, strengthen the micro, small and medium enterprises (MSME) sector and create awareness about banking and financial assistance schemes for business growth. Commitment To MSMEsContinue Reading

CAIT Backs Flexible Lending Framework For MSMEs And Traders

New Delhi, May 27 (KNN) Delhi-based Confederation of All India Traders (CAIT) has welcomed remarks made by Nirmala Sitharaman at a recent SIDBI event, where she stressed that standard financial products cannot adequately address the needs of non-standard businesses and called for credit products aligned with enterprise-specific business cycles.   Continue Reading

Meesho Partners With BSE To Help MSMEs Launch IPO

New Delhi, Jun 2 (KNN) E-commerce firm Meesho has announced the launch of Project Shikhar in partnership with stock exchange BSE to enable micro, small and medium enterprises (MSMEs) to transition into publicly listed entities on the SME platform. The move is aimed at addressing MSMEs’ access to growth capital. TheContinue Reading

GTRI Flags Rising QCO Compliance Costs, Urges Cap On Testing Charges To Protect MSMEs

New Delhi, Apr 14 (KNN) The government should cap testing and certification charges for routine industrial products, as rising compliance costs under Quality Control Orders (QCOs) risk impacting manufacturing and small importers, trade-focussed think tank  Global Trade Research Initiative (GTRI) has said. While the QCO framework is aimed at improvingContinue Reading