"Tax burden on MSME will also be reduced. Rs 3 lakh crore for lending under is being allocated in FY 19 for PM's MUDRA Yojana. 'Revitalising of Infras...
‘Delayed Payment by Large Organizations is a Major Roadblock for MSMEs’
delayed payment is a major hurdle not just for MSMEs but for the entire country’s economic growth path. Mostly, MSMEs get squeezed by their larg...
Mudra Bank Goes Digital with i-Exceed’s Appzillon
i-exceed’s Appzillon has been chosen by MUDRA Bank for extending their services digitally across mobile platforms. The move aims at developing and dep...
WTC to promote MUDRA Yojna for MSMEs of Goa to Uplift Microfinance, Financial Inclusion
With an objective to provide micro finances to MSMEs in Goa, World Trade Centre (WTC) organised an event ‘Microfinance: A game changer for financial i...
MUDRA Invests Rs. 50 Cr in a Securitisation Deal with Janalakshmi
The Micro Units Development & Refinance Agency (MUDRA) has invested Rs 50 crore in a securitization deal with the Bengaluru-based micro-finance co...
Unfurling Enormous Potential
The SME sector’s growth is inextricably linked to that of the economy. With a present contribution of 40% to the country’s manufacturing output by val...
More than Rs 45K crore Disbursed Under Mudra Yojana till November
Till November 25, 2015, an amount of Rs. 45948.28 crore has been disbursed under the Pradhan Mantri Mudra Yojana (PMMY) and the total number of borrow...
Banks should double the MSMEs Loans from Rs 50,000 Cr to Rs 1 Lakh Cr in 2015-16: Arun Jaitley
In a high level interaction with country’s top bankers, Union Finance Minister, Mr Arun Jaitley, made a clear recommendation that 2015-16 shoul...
India to have 500 Incubation Centers for Skilled Professionals & Entrepreneurs
Government of India has planned to set up 500 incubation centres to create more skilled professionals and entrepreneurs with an investment of Rs 200 c...
We are Building a Derailed Economy: Narendra Modi
Prime Minister Narendra Modi, in his open letter to the people of India had acknowledged the credit starvation of Indian MSMEs. While highlighting the...