MSMEs
In Focus
Special attention to MSMEs in Budget 2024-25: New credit guarantee scheme; hike in Mudra loans
In the first Budget of Modi government's third term, Sitharaman introduced a new credit guarantee scheme for term loans to acquire machinery and equipment and proposed raising the Mudra loan limit from Rs 10 lakh to Rs 20 lakhBengaluru:...
Finance & Funding
Govt may relax 45-day payment rule for MSMEs in budget
PTI -
The government is considering suggestions regarding changes to Section 43B(h) of the Income Tax Act made by MSMEs during pre-budget consultationsNew Delhi: The government may relax the requirement of making payments to MSMEs within 45 days of buying goods...
In Focus
68% MSME retail owners witness growth in business post-adoption of digital tech: Report
About 29% MSMEs used accounting software, followed by POS software and Customer Relationship Management (CRM) software at 17% and 14%, respectively, to manage their business operations, the PayNearby report foundNew Delhi: An overwhelming 68% Micro Small Medium Enterprises (MSME)...
Latest News
Access to low-cost finance and consumption boost top RAI’s budget wishlist
The industry body asserts that implementing these measures will strengthen the retail industry and contribute to the GDP of the countryBengaluru: In its recommendations to the central government for the Union Budget 2024–2025, the industry apex body Retailers Association of...
Latest News
iThink Logistics onboards onto ONDC to strengthen outreach to SMEs, MSMEs
PTI -
iThink Logistics going live on the ONDC Network unfolds advantages for Small and Medium-sized Enterprises (SMEs)New Delhi: Logistics startup iThink Logistics on Tuesday announced it has onboarded onto ONDC (Open Network for Digital Commerce) to strengthen its outreach to...
E-Commerce
Inability to access markets, retain customers top challenges for MSMEs: Report
PTI -
The report surveyed a total of 2,007 micro, small and medium enterprises (MSMEs) between November 4, 2022, and January 20, 2023New Delhi: A majority of MSMEs surveyed cited the inability to access markets, retain customers, and effectively market their...
E-Commerce
ONDC to revolutionise B2B digital commerce in India: Report
ONDC is dedicated to establishing an interoperable marketplace that accommodates sellers of all scales − from small and medium-sized enterprises (SMEs) to larger entities
Bengaluru: Open Network for Digital Commerce (ONDC), an initiative by Government of India, is set to revolutionise B2B...
E-Commerce
National e-commerce policy in final stages; to be presented before top-level: official
PTI -
The proposed policy would take into account the interests of all stakeholders, like investors, manufacturers, MSMEs, traders, retailers, startups and consumersNew Delhi: The proposed national e-commerce policy being formulated by the commerce and industry ministry is in the final...
Food & Grocery
Flipkart’s grocery fulfilment centre launched in Ludhiana
PTI -
The centre will market access to a large number of Micro, Small and Medium Enterprises (MSMEs), and farmer producers' organisationsLudhiana: Punjab Investment Promotion Minister Anmol Gagan Maan on Wednesday launched Flipkart's first grocery fulfilment centre in Ludhiana, according to...
Latest News
RAI signs MoU with FaMeTN to support small traders in Tamil Nadu
Retailers Association of India (RAI) will help FaMeTN understand the needs of micro, small, and medium enterprises in retail and also support in development of the state’s retail policy
Bengaluru:Â Retailers Association of India (RAI) has signed a Memorandum of Understanding...
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Latest News
Twenty1 Foodcourt’s first outlet in Raipur to open on Saturday
The first food court, which will be in Colors Mall, Pachpedi Naka, Raipur, will open on 27 July
New Delhi:...
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