New Delhi, Jun 3 (KNN) Engineering Export Promotion Council (EEPC) India has urged the government to introduce a separate credit rating framework for micro, small and medium enterprises (MSMEs), arguing that the existing system places smaller businesses at a disadvantage while seeking finance. In a representation submitted to the MinistryContinue Reading
New Delhi, Apr 17 (KNN) Even as recent labour unrest triggered wage-related concerns in the Noida-Greater Noida industrial belt, industry stakeholders have highlighted deeper structural challenges affecting micro, small and medium enterprises (MSMEs) in the region. Stakeholders cited high compliance burdens, legacy bureaucratic systems and limited credit access asContinue Reading
New Delhi, May 7 (KNN) The Prime Minister’s Employment Generation Programme (PMEGP), a flagship scheme of the Ministry of Micro, Small and Medium Enterprises, has recorded strong performance during the 15th Finance Commission cycle, supporting micro-enterprise development and employment generation across the country. Implemented through the Khadi and Village IndustriesContinue Reading
New Delhi, May 15 (KNN) India’s food processing industry, dominated by micro, small and medium enterprises, is facing a severe compliance burden driven by overlapping regulations, frequent policy changes, and multi-layered enforcement across central, state, and local authorities, according to a report by TeamLease RegTech. Scale of the Problem TheContinue Reading
New Delhi, May 23 (KNN) Encouraged by digital-footprint-based lending by public sector banks (PSBs) surpassing Rs 1 lakh crore in 2025-26, the government is urging lenders to increase loan ticket sizes under the model to further accelerate credit flow to micro, small and medium enterprises (MSMEs) in FY27. The digitalContinue Reading
New Delhi, May 29 (KNN) The Ministry of Micro, Small and Medium Enterprises convened the second SME Working Group Meeting this week under the BRICS Partnership on the New Industrial Revolution (PartNIR) track, with discussions focused on improving technology access and innovation for micro, small and medium enterprises (MSMEs) acrossContinue Reading
New Delhi, June 4 (KNN) Union Minister for Micro, Small and Medium Enterprises (MSME) Jitan Ram Manjhi chaired a high-level review meeting with senior ministry officials to assess the potential implications of the evolving situation in West Asia on India’s MSME sector. The review focused on possible challenges arising fromContinue Reading
