MSME

Govt considering support measures for the MSME

Govt considering support measures for the MSME Sector

Govt considering support measures for the MSME sector seems to be giving hope to many businesses having MSME Registration. According to the people, The second Covid-19 wave impacted the MSME sector hard while it was recuperating from the previous wave’s devastation. In this article, we will read about the statements of government officials considering the … Read more

CSIR-CMERI Empowering The MSMEs Through Technology Infusion

CSIR-CMERI Empowering The MSMEs Through Technology Infusion

CSIR-CMERI Empowering The MSMEs through Technology Infusion and helps to grow on a large scale. The pandemic has created havoc among the people and due to the same, the demand for Oxygen increased. There are limited industries producing Oxygen and the net production cannot fulfill the demand. Moreover, the government agency has also provided the … Read more

80% MSMEs, startups urge FM Sitharaman to extend GST payment

80 percent MSMEs, startups urge FM Sitharaman to extend GST payment

Credit and Finance for MSMEs: The government had last week announced the expansion of the deadline for payments under the Direct Tax Vivad Se Vishwas Act, 2020, and some compliances under the Income Tax Act by two months till June 30. In this article, we will discuss 80% MSMEs, startups urge to extend GST payment. … Read more

BHEL to procure 300 products worth ₹3,000 cr from MSMEs

BHEL to procure 300 products worth ₹3,000 cr from MSMEs

MSMEs, short for Micro, Small, and Medium Enterprises, contribute significantly to any country’s socio-economic development. In India, mainly, MSMEs have gained increasing significance because of the contribution they make towards India’s GDP and exports. Also, the thrust that they provide to entrepreneurship development in the rural and semi-urban areas has earned them the country’s respect.  … Read more

Badli Industrial Estate Association writes to MSME

Badli Industrial Estate Association writes to MSME

MSME stands for micro, small and medium enterprises. The government of India provides MSME Registration in accordance with micro, small and medium enterprises development act 2006. The registration process for the same is known as MSME Registration. In this article, we will understand Udyam or MSME Registration, its benefits and the written message by Badli … Read more

Centre Sets ₹10 Lakh Trigger for MSME Rescue Scheme

Centre Sets ₹10 Lakh Trigger for MSME Rescue Scheme

The Centre Sets ₹10 Lakh Trigger for MSME Rescue Scheme. This simplified scheme of MSME Rescue came for bankruptcy proceedings of small businesses called Pre-Packs. The finance ministry said that under this Pre-Pack Scheme, this would be the minimum threshold of payment default for the Micro, Small, and Medium Enterprises (MSMEs). However, if you’re not registered … Read more

Extension of Deadline for Sub-Debt Scheme for MSMEs

Income tax due date extended

Recently, the Ministry of Micro, Small, and Medium Enterprises (MSMEs) has announced the Extension of the Deadline for Sub-Debt Scheme for MSMEs. As the announcement came over to extend the Credit Guarantee Scheme for Subordinate Debt (CGSSD) till 30th September of 2021, BHEL Small Industries Centre has expressed relief. Why Extension in Date? As this … Read more

SBI to Revamp MSME Lending Ops to Increase Efficiency

SBI to revamp MSME lending ops

The SBI to Revamp MSME Lending Ops to increase efficiency, according to the latest press conference of the SBI. With improvement in certain factors like processes, structure, and operations, the increment of efficiency is achievable in the SME space. it is very important to register Micro, Small, and Medium Enterprises (MSMEs). And, we provide the services … Read more

MSME Sector is the Key Focus Area of NDA Govt

MSME Sector is the Key Focus Area of NDA Govt

As we know, MSMEs, or Micro, Small, and Medium Enterprises play a stellar role in ensuring the growth of a country’s economy. Their contribution towards production, employment, and exports, make them an indispensable part of any economy. In this article, we will discuss on MSME Sector and its importance. Importance of MSMEs in India Although … Read more

RAI Seeks Restoration Of MSME Status For Retailers

RAI Seeks Restoration Of MSME Status For Retailers

Last year in 2020, the Government of India made several changes in Micro, Small, and Medium Enterprises (MSME). As per the change, the retailers are excluded from this giant section and even the small and medium enterprises have to show the annual turnover. RAI seeks restoration of MSME and for the same, the representatives have met … Read more