Category: MSME

During the financial year 2024, a total of 27.4 million MSME loans were sanctioned, amounting to Rs 54.2 trillion. This marks a growth of 19.3% in volume and 5.4% in value. Individual MSMEs recorded a Y-o-Y growth of 12.6% in the value of originations and a 19.4% increase. India’s micro, small, and medium enterprises (MSME) […]

AlphaVision Management Consultant LLP, under the visionary leadership of Akhil Jain, is poised to revolutionize the financial consulting sector with its landmark IPO and innovative service offerings. As the company prepares to make its mark on the public markets, it stands at the forefront of providing comprehensive solutions that cater to the dynamic needs of […]

Synopsis A new Credit Guarantee Scheme proposed for manufacturing MSMEs to secure term loans for the purchase of equipment and machinery without collateral or third-party guarantee. The budget also proposed to increase the Mudra loan limit to ₹20 lakh under the ‘Tarun’ category for borrowers who have borrowed and repaid earlier ‘Tarun’ category loans. The […]

The size of MSMEs matters in understanding their level of productivity relative to large enterprises in emerging economies including India. This means that micro enterprises trail large companies, by a greater margin in comparison to small and medium-size enterprises. The report noted that narrowing this productivity gap could be equal to an average of 10% […]

Whole-time Member of the Securities and Exchange Board of India (SEBI), Ashwani Bhatia on Friday sounded a cautionary note on listings and fundraising by small and medium enterprises (SMEs), amid instances of manipulation and fraudulent practices. Speaking at a conference held by the Institute of Chartered Accountants of India (ICAI), Bhatia stressed that such cases […]

Gujarat crossed the 20 lakhs Udyam MSME registration mark on Friday, making it the fifth in the country in terms of total registrations. Maharashtra, Tamil Nadu, Uttar Pradesh and Rajasthan are ahead of Gujarat. Out of 20 lakhs, Gujarat has 19.10 lakhs micro, 81,841 small and 8,460 medium units. Gujarat is ranked second after Maharashtra […]

The most visible impact of this order will be seen in the Government buying of IT and other technology products. In an effort to further push the Make in India initiatives, the Government has tightened public procurement norms by excluding imported inputs, while calculating the local content in its purchase orders. In the latest revision […]

SME Chamber of India argues that provision serves as incentive for companies to adhere to payment timelines, thereby supporting MSMEs’ financial health. The Chamber has urged Finance Minister, Smt. Nirmala Sitharaman to continue the 45-days MSME payment rule for corporates and other buyers. According to Section 43B(h) of the Income Tax Act, introduced through the […]

The sector has been struggling for financial support and deriving the advantages of facilities offered by financial institutions. As a part of their pre-budget meeting with Reserve Bank of India (RBI) mandarins, MSMES sought the central bank to amend its NPA classification policy. The Union Budget will be presented by the Finance Minister, Nirmala Sitharaman […]

MSME Sahaj will help MSMEs to avail credit against their Goods and Services Tax (GST) registered sales invoices of up to Rs.1 lakh in less than 15 minutes. Public sector lender State Bank of India (SBI) on Monday announced MSME Sahaj, an online business loan solution for MSMEs to avail credit against their Goods and […]