New Delhi, Apr 9 (KNN) The Reserve Bank of India (RBI) has released draft directions for the Trade Receivables Discounting System (TReDS) on Wednesday, aiming to streamline and harmonise existing regulations to improve access to finance for Micro, Small and Medium Enterprises (MSMEs). The draft, titled Reserve Bank of IndiaContinue Reading
New Delhi, Apr 20 (KNN) The Centre is set to direct central public sector enterprises (CPSEs) and government agencies to mandatorily route payments to MSMEs through the Trade Receivables Discounting System, aiming to accelerate the release of pending dues. CPSEs and government agencies together owe around Rs 1 lakhContinue Reading
New Delhi, May 11 (KNN) With micro and small enterprises (MSEs) facing a double whammy of trade disruptions and rising input cost, they can avail benfits offered by various government schemes including Procurement and Marketing Support (PMS) scheme to partly ease the pressure. The PMS scheme run by MSME MinistryContinue Reading
New Delhi, May 16 (KNN) India SME Forum (ISF) has called for greater GST parity, predictable compliance systems, faster liquidity support and uniform enforcement standards across India’s expanding e-commerce ecosystem. The industry body said the recent ruling by the West Bengal Appellate Authority for Advance Ruling (WBAAAR) highlights the needContinue Reading
New Delhi, Jun 1 (KNN) The Confederation of Indian Textile Industry (CITI) has welcomed the government’s decision to temporarily remove the 11 percent import duty on cotton from June 1 to October 31, 2026. The industry body stated that the move will improve the global competitiveness of India’s textile andContinue Reading
New Delhi, Jun 22 (KNN) Reserve Bank of India (RBI) Governor Sanjay Malhotra on Sunday reaffirmed the central bank’s commitment to supporting the Micro, Small and Medium Enterprises (MSME) sector, describing it as India’s ‘entrepreneurship nursery’ and a vital driver of economic growth and employment generation. Malhotra said MSMEsContinue Reading
New Delhi, Jun 16 (KNN) The Ministry of MSME, in collaboration with NITI Aayog’s Women Entrepreneurship Platform and the Ministry of Rural Development, is working to promote inclusive growth within the country’s MSME ecosystem, recognising the sector’s critical role in economic growth and employment generation. ScaleUp Summit 2026 ToContinue Reading
