Tag: msme

Why have SLBCs/UTLBCs been asked to report SC beneficiary data for key government schemes for jobs and entrepreneurship?: Explained

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Why have SLBCs/UTLBCs been asked to report SC beneficiary data for key government schemes for jobs and entrepreneurship?: Explained

The story so far: The Finance Ministry has now directed State-level and UT-level Bankers’ Committees to mandatorily include data on the percentage share of SC beneficiaries availing flagship Central schemes such as the Mudra Yojana, Stand Up India, Prime Minister’s Employment Generation Programme, MSME/business loans, and others. This direction comes after a nudge from the…

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Business

‘Govt is with you, do not worry’: MSME Ministry official assures industry

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‘Govt is with you, do not worry’: MSME Ministry official assures industry

Joint Secretary in the Union Ministry of Micro, Small and Medium Enterprises (MSME) Ateesh Kumar Singh (centre) at an event organised by the PHDCCI. Photo: Special Arrangement. The government is with the micro, small and medium enterprises (MSME) of the country, an official of the MSME assured the assembled representatives of such firms on Tuesday…

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Business

Tamil Nadu second biggest market for small business credit: study

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Tamil Nadu second biggest market for small business credit: study

Representative image | Photo Credit: Getty Images/iStockphoto Tamil Nadu is the second biggest market for small business credit, accounting for 9.3% of the national total, as per a joint report by Small Industries Development Bank of India (SIDBI) and credit bureau CRIF High Mark. As of June 30, 2025, Tamil Nadu had an outstanding small…

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Business

Dr Arvind Panagariya At NDTV Business Conclave

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Dr Arvind Panagariya At NDTV Business Conclave

The economist said that Micro, Small and Medium Enterprises remain a source of employment New Delhi: Artificial Intelligence, like any new technology, will destroy new jobs but also create new ones, Chairman of the 16th Finance Commission Dr Arvind Panagariya said during a fireside chat at the NDTV Emerging Business Conclave. He added that new…

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Nation

5 Points On India’s Homegrown Supercomputing Powerhouse

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5 Points On India’s Homegrown Supercomputing Powerhouse

Param Rudra is capable of handling complex calculations and simulations at a very high speed. In a significant step towards making India self-reliant in supercomputing technology, Prime Minister Narendra Modi will today dedicate three indigenously developed PARAM Rudra supercomputers to the nation. Here’s your 5-point cheatsheet to India’s Homegrown Supercomputer The Param Rudra incorporates the…

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Nation

Credit Support For MSMEs, Mudra Loans Limit To Be Enhanced To Rs 20 Lakh

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Credit Support For MSMEs, Mudra Loans Limit To Be Enhanced To Rs 20 Lakh

The government has doubled the upper limit of loans under the Mudra scheme, Finance Minister Nirmala Sitharaman announced while presenting the Budget 2024 today. She also announced a new mechanism for facilitating continuation of bank credit to MSMEs during their stress period. Micro, Small, and Medium Enterprises (MSMEs) will now be able to avail loans…

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Nation

Budget will be judged by what it does to revive MSMEs: Jairam Ramesh

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Budget will be judged by what it does to revive MSMEs: Jairam Ramesh

Congress leader Jairam Ramesh. File | Photo Credit: ANI This year’s Union Budget will be judged by what it does to revive and rejuvenate India’s Micro, Small and Medium Enterprises (MSMEs), the Congress said on July 16. In a statement, Congress general secretary Jairam Ramesh said that through a “combination of deliberate policy and wilful…

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Business

IIT Madras, Walmart to help MSMEs with AI, IoT

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IIT Madras, Walmart to help MSMEs with AI, IoT

Indian Institute of Technology- Madras in Chennai. File | Photo Credit: VELANKANNI RAJ B  The Indian Institute of Technology Madras has established a Centre for Tech Excellence to cater to the micro, small and medium enterprises with support from Walmart. The centre aims to train MSME units in the use of artificial intelligence and internet…

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Business

Data | In Telangana, districts near capital have flourished, while those in periphery lag behind

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Data | In Telangana, districts near capital have flourished, while those in periphery lag behind

In Telangana, there is a stark difference in socio-economic indicators between the districts around Hyderabad, the capital, and those far away from it. This is the fourth story in a series of Data Points exploring the inter-district differences in the southern States. The district-wise variations in Tamil Nadu, Kerala, and Karnataka were discussed earlier. Given…

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