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India’s GDP to grow at 7% amid global headwinds: FinMin
Even as global output is expected to slow down, the IMF and the World Bank project India to be the fastest growing major economy in 2023
MSMEs needs support to become future ready
June 27 is now celebrated as the Micro, Small and Medium Sized Enterprises (MSME) Day. The move aims at recognising the importance of the MSME sector...
MSMEs bounce back stronger post-Covid
The segment overcame restrictions on movement, inability to manage cash flows owing to reduced consumer demand and uncertainty; They successfully...
MSME sector fares better than large corporates in loan repaying
MSME NPA rate at 12.5% is better than large corporates’ 19.7%
NABARD pegs Odisha's credit potential for 2022-23 at Rs 1.34 lakh cr
The National Bank for Agriculture and Rural Development (NABARD) has projected Odisha's credit potential for the financial year 2022-23 at Rs 1,34,665...
Credit guarantee scheme saves 13.5 lakh MSMEs in India amid Covid-19...
MSME loan accounts worth Rs1.8 lakh cr were saved from slipping into NPA during the period. This is equivalent to 14% of the outstanding MSME credit...
Thrust on mfg firms in MSME sector can transform Indian economy:...
MSME manufacturing firms have been imperative to the growth of the Indian economy. These small to medium sized ventures have always contributed...
MSMEs in Maha sees 30-40% growth in business this festive season
The festive sales have played an important role in increasing the output of businesses, influencing the level of economic growth and employment