Energy – Conserve It

Vibrant Tirupur 2020

RSS MSME Updates

  • MSMEs in TN write to FM to ensure all banks follow RBI's circular to give 3 months moratorium on EMIs April 1, 2020
    MSMEs in TN write to FM to ensure all banks follow RBI's circular to give 3 months moratorium on EMIs New Delhi, Apr 1 (KNN) Tamil Nadu Small Scale and Tiny Industries Association (TANSTIA) has written to the Finance Minister Nirmala Sitharaman seeking action against a few banks who are still waiting to implement three […]
  • Cong demands govt to bear 70 per cent of MSMEs' wage bill March 31, 2020
    Cong demands govt to bear 70 per cent of MSMEs' wage bill New Delhi, Mar 31 (KNN) Amid crippled situation during lockdown due to coronavirus pandemic, the Congress has demanded that the Central government should bear 70 per cent of wage bill of Micro, Small and Medium Enterprises (MSMEs) for three months. The party, also […]
  • IIA submits suggestions to Finance, MSME, Labour, Commerce & Industry Ministry; seeks more relief for MSMEs March 30, 2020
    IIA submits suggestions to Finance, MSME, Labour, Commerce & Industry Ministry; seeks more relief for MSMEs New Delhi, Mar 30 (KNN) Indian Industries Association (IIA), an apex body of Micro, Small and Medium Enterprises (MSMEs) has submitted its suggestions to various central government ministries seeking more relief for MSMEs. ''In view of countrywide Lockdown and complete shutdown […]
  • MSMEs applaud RBI's Monetary Policy announcements March 27, 2020
    MSMEs applaud RBI's Monetary Policy announcements New Delhi, Mar 27 (KNN) India's Central Bank- Reserve Bank of India (RBI), has joined in the Government to limit the damage wreaked by the COVID-19.  Governor RBI Shaktikanta Das announced a slew of measures while presenting seventh Bi-monthly Monetary Policy Statement, 2019-20, March 27, 2020 including for Micro […]
  • SIDBI launches SAFE scheme to assist MSMEs with loans up to Rs 50 lakh at 5% interest rate during Corona crisis March 27, 2020
    SIDBI launches SAFE scheme to assist MSMEs with loans up to Rs 50 lakh at 5% interest rate during Corona crisis New Delhi, March 27 (KNN) Responsive to the need of the hour to fight Corona Virus from all fronts, Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing […]
  • MSME Ministry asks manufacturers of COVID-19 related items to come onboard GeM platform March 27, 2020
    MSME Ministry asks manufacturers of COVID-19 related items to come onboard GeM platform New Delhi, Mar 27 (KNN) Ministry of Micro, Small and Medium Enterprises (MSMEs) will reach to those engaged in manufacturing of COVID-19 related items.  ''Government of India, would like to reach out to you if you are in the field of manufacturing […]
  • Indian Bank announces additional funding for MSMEs amid COVID-19 outbreak March 26, 2020
    Indian Bank announces additional funding for MSMEs amid COVID-19 outbreak Chennai, March 26 (KNN) Indian Bank has announced an additional funding facility for large corporates, Micro, Small and Medium Enterprises (MSME), retail customers, pensioners, and self-help groups (SHGs). As per the statement issued by the bank, on Wednesday, IND-COVID Emergency Credit Line (IBCECL) will provide additional […]
  • FISME terms COVID-19 impact alarming, seeks slew of relaxations for MSME to stay afloat March 24, 2020
    FISME terms COVID-19 impact alarming, seeks slew of relaxations to stay afloat New Delhi, Mar 24 (KNN) Sudden announcements of widespread lockdowns of cities and massive disruptions in supply chains seem to have brought Micro and Small and Medium Enterprises (MSMEs) in India to their knees. Terming the situation as 'alarming',  Federation of Indian Micro […]
  • FICCI suggests measures to govt for MSMEs March 24, 2020
    FICCI suggests measures to govt for MSMEs New Delhi, Mar 24 (KNN) In order to ensure health safety of Micro, Small and Medium Enterprises (MSMEs) workforce amid coronavirus outbreak, Federation of Indian Chambers of Commerce & Industry (FICCI) has suggested a slew of measures to the government.   ''It is extremely important to ensure the […]
  • MSME registration in FY 20 rises by 18.49 per cent: Govt March 24, 2020
    MSME registration in FY 20 rises by 18.49 per cent: Govt New Delhi, March 24 (KNN) The number of registered Micro Small and Medium Enterprises (MSMEs) in Fiscal Year 2020 has been risen by 18.49 per cent to 25.13 lakh units from 21.21 lakh in Fiscal Year 2019, said MSME Minister Nitin Gadkari. As per the […]