Small and medium-sized enterprises Current Affairs, GK & News
Restructuring and loan drive for MSMEs
The state owned public sector banks are to hold a month long drive to provide relief to the small businesses (MSMEs) through loans and restructuring options. The outreach program was launched by the central government in December and is to last till January 6, 2020. The banks are provide working capital for these MSMEs and ..
Topics: Bank • Banking • Economic history of Italy • Economy • Financial services • Loans • Money • Small and medium-sized enterprises
39th edition of India International Trade Fair begins
The 39th India International Trade Fair will be inaugurated by Union Minister of Micro, Small and Medium Enterprises Nitin Gadkari. The theme for this year is ‘Ease of Doing Business’ Several countries, including Australia, Iran, the UK, Vietnam, Bahrain, Bangladesh, Bhutan, China, Egypt, Hong Kong, Indonesia are participating in the 14-day Trade Fair. This year ..
Topics: Bhutan • Business • Countries • Gadkari • India International Trade Fair • Ministry of Micro, Small and Medium Enterprises • Narendra Modi ministry • Nitin Gadkari • Rashtriya Swayamsevak Sangh • Small and medium-sized enterprises
What is the recently launched Credit linked Capital Subsidy Scheme (CLCSS) for MSMEs?
The Indian Government has decided to extend a special Credit Linked Capital Subsidy Scheme (CLCSS) for Technology Upgradation to the MSMEs. This money is to be utilized for the Technology Upgradation. The Indian Government relaizes that the equipping a business with technology is fiscally draining and this problem is even more severe for the Micro, ..
Category: Government Schemes Current Affairs
Topics: Economy • Economy of India • Finance in India • IDBI Bank • National Bank for Agriculture and Rural Development • Sailendra Narain • Small and medium-sized enterprises • Small Industries Development Bank of India
2019 edition of UN MSME Day
The United Nations’s Micro, Small and Medium-sized Enterprises Day (MSME) Day is observed every year on 27 June to raise public awareness of their contribution to sustainable development. These types of enterprises are responsible for significant employment and income generation opportunities across the world and have been identified as a major driver of poverty alleviation ..
Topics: Contents • Economy • Poverty reduction • Small and medium-sized enterprises • Small Industries Development Bank of India • Sustainability • Sustainable Development Goals
UK Sinha RBI committee to study current framework for MSMEs
The Reserve Bank of India (RBI) has set up an 8-member expert committee on Micro, Small and Medium Enterprises (MSMEs) to suggest long-term solutions for the economic and financial sustainability of the MSMEs. This committee is set up under the leadership of former SEBI Chairman UK Sinha to review the current framework for the MSME ..
Topics: Business • Economy • Securities and Exchange Board of India • Small and medium-sized enterprises