New Delhi, Mar 24 (KNN) The Ministry of Micro, Small and Medium Enterprises (MSMEs) is strengthening micro and small enterprises (MSEs) across India through cluster-based development programmes, Minister of State (MoS) for MSME Shobha Karandlaje said in written reply to a question in the Rajya Sabha. Cluster Development Programmes TheContinue Reading
New Delhi, Mar 30 (KNN) Non-banking financial companies (NBFCs) in India may face rising credit risks in select loan segments due to a potential fuel supply shock linked to the ongoing Iran conflict, according to a report by Nomura. The report, which assesses the impact of a prolonged conflict scenarioContinue Reading
Mumbai, Mar 9 (KNN) The Government of Maharashtra will establish a dedicated commissionerate for the Micro, Small and Medium Enterprises (MSME) sector in Mumbai, aimed at strengthening policy implementation and expanding support for enterprises across the state. The announcement was made by Chief Minister Devendra Fadnavis while presenting theContinue Reading
New Delhi, Mar 12 (KNN) Highlighting the impact of Trump tariff on the country’s micro, small and medium enterprises (MSMEs), a parliamentary committee has recommended to develop an early-warning and real-time monitoring system to track global trade policy developments impacting MSMEs. The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha)Continue Reading
New Delhi, Mar 17 (KNN) Delayed payments continue to pose a major challenge for micro and small enterprises, affecting their working capital and overall viability, the government informed the Rajya Sabha. Minister of State for MSME Shobha Karandlaje said delayed payments remain a key concern impacting the growth ofContinue Reading
New Delhi, Mar 30 (KNN) The Central Government is likely to announce additional relief measures for vulnerable sectors, including Micro, Small and Medium Enterprises (MSMEs), if the ongoing West Asia conflict persists, sources said. The move is aimed at helping businesses manage rising costs while keeping inflation under control inContinue Reading
New Delhi, Apr 7 (KNN) The Government e-Marketplace(GeM) has recorded a cumulative Gross Merchandise Value (GMV) of Rs 18.4 trillion since its launch in 2016, with FY 2025-26 alone contributing Rs 5 trillion across 75.7 lakh orders, as per official data. MSMEs Drive Nearly Half of Procurement Micro, Small andContinue Reading
