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Just a dream: Will budget 2022 answer MSME sector's plight
The MSME sector provides the largest number of jobs in the country after agriculture. It gives employment to an estimated 11 crore people
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HDFC bank witnesses 17% growth YoY
Under the ECLGS scheme of the government, HDFC Bank has disbursed advances to over 5,950 MSME units in the state
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How co-working spaces can help businesses survive the effects of the pandemic?
MSME ministry data says India saw a 46% decline in business volume during the 2020 lockdown and an 11% decline in the 2021 lockdown
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Lending institutions fear new NPAs may emerge as moratorium on ECLGS loan coming to end
There have significant delays in payments of interest, say bankers
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Death blow
There was a nearly 30 percent jump in the number of businessmen ending their lives in Covid-hit 2020 compared to the previous year
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Rajaram new telecom secretary; AI chief to be new aviation secretary
The order also said that Govind Mohan, Additional Secretary in the Department of Home, will be Secretary, Ministry of Culture
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HDFC Bank to hire 500 more to expand MSME coverage
The headcount addition will take the bank's Micro, Small and Medium Enterprises (MSME) vertical strength to 2,500
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Stimulus package announced by government inadequate: Parliament Panel
The report recommends the government to come out with a larger economic package aimed at bolstering demand, investment, exports and employment.
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Over 13 lakh MSME loan accounts restructured by PSBs: Rane
MSME minister Narayan Rane also said that till July 2, Rs 2.73 lakh crore have been sanctioned under the Emergency Credit Line Guarantee Scheme
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Amazon sets up first ‘Digital Kendra’ in Surat
Amazon Digital Kendras are brick and mortar resource centres that will provide MSMEs information about the benefits of e-commerce
