With major markets facing an economic downturn, India's MSME sector is bracing for a bumpy ride amid working capital problems, inventory pile-ups, and diminished demand. #MSME #industry #Indianews #exports #economy Read more »
Cybersecurity is no longer expensive or intimidating – MSMEs can start with periodical audits to ward off cyberattacks. Read more »
A boost to MSME sector can come from handholding, advisory services and persistent engagement with fintech partners to provide access to credit and lift quality with clear identification of the manufacturing sectors. Read more »
Despite several government programmes and packages, MSMEs are struggling to access funds, technology and markets. Read more »
The RBI kept itself ahead of the curve by going the whole hog and thereby keeping its promise to do “whatever it takes”. Read more »
The RBI decisions indicate that there is scope for further rate cuts in 2020, though they may not be on the same level as those effected in 2019. Read more »
The micro industries created 5.87 lakh jobs in 2018-19 under PM’s employment generation programme. Read more »
Micro Small and Medium Enterprises contribute almost 30% of India's gross domestic product and nearly half of its exports. Read more »
Sixty micro and small enterprises facilitation councils have been set up to address pendency. Read more »