A revision in Micro Small and Medium Enterprises (MSME) definition was announced in the Atmnirbhar Bharat package on 13th May 2020. After the package was reported, several representations for upward ...
The current article highlights the Announcements for MSMEs in Union Budget 2023-2024. For more details on Budget 2023-2024 Updates, click here. MSME is the growth engine of our economy. The ...
Centre has approved the Mutual Credit Guarantee Scheme, announced in the Budget 2024-25, to enhance credit access for MSME manufacturing. Under this scheme, loans of up to Rs 100 crore for plant ...
Photo Credit: MOORTHY M The Centre has approved the introduction of the Mutual Credit Guarantee Scheme for MSMEs (MCGS—MSME), which provides 60 per cent guarantee coverage by National Credit ...
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"To give a boost to manufacturing by facilitating the availability of credit for purchase of Plant and Machinery / Equipment, ‘Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) is being introduced.
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As the Union Budget 2025 approaches, key themes such as tax simplification, easing tax payments, and boosting middle-class income are expected to take centre stage. Sources indicate that the ...
Stakeholders in the MSME sector hope for increased allocation in the Union budget to set up innovation hubs in smaller towns As the Union budget 2025 nears, there is a hope that MSMEs (Micro, Small ...
Budget 2025: Union Finance Minister Nirmala Sitharaman presented her eighth consecutive budget on Saturday. With a focus on MSMEs, the minister announced that the "investment and turnover limits for ...
A revision in MSME classification, steps to boost India’s share in global trade and improving the regulatory landscape got notable mentions, among other highlights in the Union Budget 2025-26.To know ...
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