MSMEs – INDIAN ECONOMY’S STEP – CHILD
When the Finance Minister announced the launch of a new portal to fast-track loans for micro, small and medium enterprises with a promise to approve funding up to Rs.1 crore in 59 minutes you could have heard a pin drop. No whooping, no loud shouts welcom...
Key Findings of SIDBI’s MSME PULSE 4th edition (October – December 2018)
Key Findings of SIDBI’s MSME PULSE 4th edition (October – December 2018) Total credit exposure in India stands at Rs 105.5 lakh crores: Total credit exposure stood at Rs 105.5 Lakh Crores as of Sep’18. MSME Credit accounts for Rs 24.7 Lakh Crores in...
HOW TO DEAL WITH BANKS – A PRIMER FOR MSMEs
Those who give you life can also take it away If you are an MSME, the only source of credit is probably from the Banks. There are other sources of credit which are fast becoming available now. Maybe, in another 5 or 10 years, this scenario will completely...
MSME Ministry allocated Rs.7011 Crore in Budget 2019-20
As published by the Ministry of MSME, Government of India on: 01 FEB 2019 on pib.nic.in Union Minister for Finance, Corporate Affairs, Railways & Coal, Shri Piyush Goyal presented the Interim Budget 2019-20 in Parliament today. The Government has take...
Cabinet approves continuation of Credit Linked Capital Subsidy and Technology Up-gradation Scheme (CLCS-TUS) beyond 12th Plan for three years from 2017-18 to 2019-20
As published by Ministry of MSME, Government of India on 13th February, 2019 on pib.nic.in The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has approved the Credit Linked Capital Subsidy and Technology Up-gradat...
Report of Expert Committee on MSME constituted by RBI
Report of Expert Committee on MSME constituted by RBI Download report
MSMEs – Look at yourself through the Banker’s eyes
By CA Atul Donde (as published in TISA Dec 2019 issue) Form filling is only step one for a loan One of my MSME clients prepared the loan application with full details of security, projections quotations, requisite consents and permissions. He expecte...
