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Friday, March 29, 2024

MSMED Act

Ministry urges MSMEs to help review the impact of policies & MSMED Act 2006

The Union Ministry of MSME has formed a study group to seek feedback on important MSME development efforts and the MSMED Act 2006 through an online poll in order to gain a first-hand understanding of the current state of...

MSME 2020 Outlook

MSME Outlook 2020 The novel coronavirus wreaked havoc on the economic and health systems across the globe. We  are  in  the  midst  of  Coronavirus  disease  2019  or  Covid  19  pandemic that  has  inflicted  an unprecedented economic shock  and health  shock ...

Ministry of MSME gears up to implement the New Norms of classification of MSMEs

Union Ministry of Micro, Small and Medium Enterprises (M/o MSMEs) has issued Gazette notification to pave way for implementation of the upward revision in the definition and criteria of MSMEs in the country. The new definition and criterion will...

MSME Development Act – Has the act profited SMEs in India?

In a country messed up with corruption and bureaucracy, a huge step by the Government in 2006 that promised to help the MSME sector turned into a breath of sparkling air. The MSME Development act of 2006 became enacted...

RBI rules and policies for SME lending – Supporting financial status of entrepreneurs

Banks are the fundamental source of external finance for SMEs. The importance of SME in personal sectors makes this issue greater thrilling for policymakers, economic institutions, and researchers. The Reserve Bank of India has been issuing a number of...

What government must do to improve credit infra, bankruptcy framework, payments for MSMEs to obtain full potential

India's credit infrastructure, bankruptcy framework, and cost mechanisms remain crucially limited and ought to be addressed urgently if MSMEs are to understand their full expertise. With India’s rating jumping 65 areas on this planet bank’s ‘Ease of Doing trade Rankings’...

Familiar with the 10 major Initiatives taken towards MSMEs by Indian Government

Ministry of MSME launched different , one of the major MSME initiatives to advance the ease of doing business and to make Micro, Small and Medium Enterprises more internationally competitive. These initiatives contain ease of registration of  the business in...

MSME Registration is not compulsory for getting protection from postponed Payments

At last the full stop is given to the confusion over the issue where the MSMEs that are not enlisted under the MSMED Act at the season of execution of the agreement can be dealt with as supplier or...
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Latest News

Invoicemart Facilitates INR 1 Lakh Crores in MSME Invoice Financing

Invoicemart, India’s largest Trade Receivables Discounting System (TReDS) platform, proudly announces a monumental achievement in the fintech landscape. The...
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