MSME

Amazon India Gave Employment To 11.6 Lakh Indians Till Date; Plans To Generate 20 Lakh Jobs By 2025 Amazon said that it has created over 11.6 lakh direct and indirect jobs in India so far and is on track to meet its goal of 20 lakh…

Emergency Credit Scheme For 6.3 Crore MSMEs Extended Till This Date (Full Details) The scheme for COVID affected MSMEs and Emergency Credit Line Guarantee Scheme (ECLGS) has now been extended for the fifth time. This…

The hiring program will take place over the next 6 months. HDFC Bank is planning to increase its rural presence and to that end will hire 2,500+ people. The move comes after Finance Minister Nirmala Sitharaman asked lenders to step…

With the continuation of ongoing efforts of the Government of India, to alleviate the stress on pandemic struck Indian economy, comes another major announcement. The government has said that from now onwards Retail and Wholesale…

Crisil finds out that almost 99% of non-MSMEs might not opt for RBI's one-time debt restructuring relief package. On August 6, 2020, the RBI announced a relief scheme for non-MSME companies and organizations having an aggregate exposure…

Canara Bank's Emergency Loans For Entrepreneurs: Pay EMI After 6 Months, No Security Needed The COVID-19 pandemic has affected many businesses across many industries all over the country. The Reserve Bank of India (RBI) has introduced…

Your Company Is Reducing Salary During Lockdown? No Action Will Be Taken, Says Supreme Court Last month, the Supreme Court had refused to delay the government circular asking private establishments, including MSMEs, to pay full salaries…

SMEs and small businesses will get collateral-free loans upto Rs 20 lakh The RBI appointed committee on MSMEs has recommended a major change in the structure of the collateral-free loans. The committee has suggested doubling the…

BJP and Congress' Manifesto For Entrepreneurs Loksabha elections are just around the corner and both the major political parties of India have declared their manifesto on which they will deliver if they win the election. Let's have a…

There are lakhs of Micro, Small and Medium business in India and their success is critical to the Indian growth story. Indian Government understands this and are taking steps to create a support ecosystem where these businesses can thrive.…