New Delhi, Mar 23 (KNN) The Central Government has modified the Mutual Credit Guarantee Scheme (MCGS) for MSMEs to enhance credit access and support manufacturing and export growth, in line with the roadmap outlined in the Union Budget 2025–26. According to the Ministry of Finance, the revised guidelines aim toContinue Reading
New Delhi, Apr 4 (KNN) The Government of India is working on a Rs 2–2.5 lakh crore credit guarantee scheme to support businesses facing stress due to the ongoing geopolitical tensions in West Asia, according to sources. The proposed scheme aims to ensure liquidity, stabilise industries, and cushion the economic impactContinue Reading
New Delhi, Mar 23 (KNN) Minister of State for Power Shripad Naik in written reply to a question in Parliament said that micro & small and medium enterprises are provided an interest subvention of 5 per cent and 3 per cent respectively under the Assistance in Deploying Energy Efficient TechnologiesContinue Reading
New Delhi, Apr 4 (KNN) Asset reconstruction companies (ARCs) are expected to witness steady growth in assets under management (AUM) in FY27, driven by rising stress in MSME and retail loan segments amid ongoing geopolitical tensions in West Asia. MSME Stress to Drive ARC Growth Experts indicate that the ongoingContinue Reading
New Delhi, Mar 10 (KNN) Union Minister of State for Commerce and Industry and Electronics and IT Jitin Prasada said that Free Trade Agreements (FTAs) are opening new opportunities for India’s micro, small and medium enterprises (MSMEs) by providing access to major developed markets. Speaking at the Federation of IndianContinue Reading
New Delhi, Mar 17 (KNN) India’s e-commerce sector is expected to expand significantly over the next decade, with its share in overall retail projected to rise from about 6 per cent to as much as 11 per cent by 2030, according to a report by McKinsey & Company. The reportContinue Reading
New Delhi, Mar 23 (KNN) Minister of State for Micro, Small and Medium Enterprises (MSMEs) Shobha Karandlaje said recent policy measures are aimed at boosting digital and cross-border trade for MSMEs, though measurable outcomes are still emerging. Replying to a question in Parliament today, Karandlaje said the removal of theContinue Reading
