To address the long-standing issue of payment delays, the government has strengthened the TReDS platform, regulated by the ...

In an effort to fuel India’s small businesses, the Centre has unveiled Micro and Small Enterprises-Cluster Development ...

While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per ...

The recent launch of a credit guarantee scheme for the MSME sector, which covers loans up to Rs. 100 crore (US$ 11.6 million), is expected to attract more investments, promote manufacturing, and ...

While speaking on the Union Budget 2025, President of Utkal Chamber of Commerce & Industry (UCCI), Dr Prabodh Mohanty said ...

Coordinating Minister for Economic Affairs, Airlangga Hartarto, has emphasized the government's commitment to supporting the ...

The Chennai-headquartered bank’s priorities include increasing digital adoption on the liability side and raising the MSME share in its loan portfolio from 17 per cent to 20 per cent ...

Nigeria's quest for accelerated industrial growth is set to receive a significant boost in 2025, as the FMITI prepares to ...

The government has approved the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) that would facilitate loans up to Rs 100 ...

KADAPA: Artisans in Settigunta and Lakshmigaripalle, known for their intricate wooden Raja-Rani dolls, are seeking the State ...

Budget 2025 is an opportunity to create concrete steps to help India build a more robust and self-reliant economic foundation, focusing on long-term resilience, efficiency, and competitiveness ...

The scheme also provides a repayment period of up to eight years, with a two-year moratorium for loans up to Rs 50 crore. To ...