Budget 2025: Credit Boost for MSMEs, loans for Women, SC/ST First-Time Entrepreneurs

Budget 2025: Union Finance Minister, Nirmala Sitharaman announced a credit boost for MSMEs, loans for women & SC/ST first-time entrepreneurs. Union Finance Minister Nirmala Sitharaman on Saturday announced a credit boost for MSMEs or Micro, Small and Medium Enterprises to generate employment, especially for the young people. To help the enterprises achieve higher efficiency of […]

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Credit Guarantee Scheme for MSMEs

The Government of India has introduced the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME), aiming to ease credit constraints and propel growth in the manufacturing sector. About: The Micro, Small, and Medium Enterprise (MSME) sector forms the backbone of the Indian economy, contributing significantly to employment, innovation, and economic growth.  Within the MSME landscape, the manufacturing sector plays a crucial role, […]

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MSME industry bodies seek RBI support for easier priority sector lending

The official further said that the RBI only partially restored this classification to the extent of Rs. 20 lakhs per borrower. Hence, NBFCs funding to MSEs is now restricted. The micro, small and medium enterprise (MSME) industry bodies have requested that the Reserve Bank of India (RBI) classify credit provided by banks to non-banking financial […]

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MSMEs squeezed even for decent margins: Small businesses call for Govt. funding in Budget to adopt sustainability

Support to the millions of MSMEs, the backbone of the economy, is absolutely vital to inch closer to India’s green goals. India has its long-term goals of achieving net-zero by 2070 and meeting 50% of electricity needs from non-fossil sources by 2030. To be in sync with such targets, companies need to focus on sustainability […]

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Non-bank lenders form priority sector lenders’ body to plug MSME loan shortfall

According to iSPRIT, the goal of PLSAI is to ensure that credit to micro, small, and medium enterprises (MSMEs) can double to ₹130 trillion over next 3-5 years. According to RBI norms, banks are required to maintain at least 40% of their adjusted net bank credit as priority sector loans. India’s non-bank lenders are coming together […]

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5 lakh MSME units registered in a year in Rajasthan: CM

Jaipur: Addressing pre-budget discussions held in two sessions with representatives of industry, trade, tax advisory associations and the service sector on Monday, Chief Minister, Bhajan Lal Sharma said MSME registrations were increasing rapidly due to investment-friendly policies of the State. In the last year, he said, about 5 lakh micro, small, and medium enterprises (MSMEs) […]

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Centre begins talks for easing MSME compliance burden, financing woes:

In a relief to the micro, small and medium business ecosystem in the country, the Centre began talks on reforms to reduce the compliance burden and provide regulatory relaxations for MSMEs in registration, mergers & acquisitions as well as closures of business, along with a focus on addressing financing difficulties in the sector. MSME refers […]

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Top 10 MSME Loan Schemes in India for Growth and Expansion

Substantial steps have been taken by the Indian Government and financial institutions to provide adequate loans for micro, small and medium enterprises (MSMEs) to foster growth without interruption. According to the Ministry of Micro, Small & Medium Enterprises’ report, over 12 million MSMEs are registered across India and contribute significantly to its economy. As such, […]

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Govt. to revamp revival framework for MSMEs

In the previous budget, Finance Minister, Nirmala Sitharaman had said that a new mechanism would be launched for facilitating continuation of bank credit to MSMEs during their stress period. The Government is working on revamping the framework for revival and rehabilitation (FRR) of debt-ridden micro, small, and medium enterprises (MSMEs) in order to make it […]

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This SME stock extends rally up to 132% in 6 days; BSE lowers circuit limit

Shares of Toss The Coin hit a new high of Rs 842.55, zooming 363% against its issue price of Rs 182 per share on the BSE. Shares of Toss The Coin hit a new high at Rs 842.55, on hitting the 5% upper circuit on the BSE in Thursday’s intra-day trade in an otherwise weak market. The […]

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