Msme News Arka Fincap Launches Small Ticket Loans for MSMEs in Tier II and Beyond October 7, 2024 MSME Sampark 0 Arka Fincap, the non-banking financial arm of the Kirloskar Group, has introduced a new small ticket loan product designed specifically for Micro, Small, and Medium Enterprises (MSMEs). This offering, named Uday, provides loans ranging from […]
Msme News MSME Ministry Announces Discounts on Khadi & Village Industries Products October 5, 2024 MSME Sampark 0 The Ministry of Micro, Small, and Medium Enterprises (MSME) has introduced a 25% wage hike for spinners and a 7% increase for loom weavers, effective from October 2. This move was originally announced on September […]
Msme News Prospects Brightening for MSMEs in ITeS, Shows CRISIL SME Tracker October 3, 2024 MSME Sampark 0 Micro, small, and medium enterprises (MSMEs) in the Information Technology-enabled Services (ITeS) sector are poised for significant growth, with an expected increase of 7-9% in rupee terms to ₹4.2 trillion this financial year, according to […]
Msme News MSME Bank Credit Jumps 14% in Priority Lending in August: RBI Data October 3, 2024 MSME Sampark 0 The Reserve Bank of India (RBI) recently released its data on sectoral deployment, revealing that bank credit provided to micro, small, and medium enterprises (MSMEs) under priority sector lending surged by 14.8% in August 2024 […]
Msme News Faster Access to Capital for MSMEs: A Game-Changer for Growth October 3, 2024 MSME Sampark 0 Micro, Small, and Medium Enterprises (MSMEs) in India are experiencing faster access to capital, thanks to various central and state government schemes, according to M. Ponnuswami, Co-Chairman of the CII National Task Force for MSMEs. […]
Msme News Government Extends Interest Equalisation Scheme for MSME Exporters Until December 2024 October 3, 2024 MSME Sampark 0 The Directorate General of Foreign Trade (DGFT) has announced a three-month extension of the Interest Equalisation Scheme (IES) for pre-and post-shipment rupee export credit, providing crucial support to MSME exporters. Initially set to expire on […]