70,000 firms ready to deal with virus crisis

70,000 firms ready to deal with virus crisis

NEW DELHI : More than 70,000 companies on Monday told the ministry of corporate affairs (MCA) that they have implemented the work-from-home policy and are prepared to deal with the Covid-19 crisis. The companies, which have filled a compliance form issued by the...
Be job makers instead of seekers: MSME officials

Be job makers instead of seekers: MSME officials

The entrepreneurship cell of the PCTE Group of Industries organised a national-level awareness programme (NLAP 2020) with the aim to motivate the youth for entrepreneurship and make them ‘job providers instead of job seekers’. The programme was conducted by the...
Pending MSME loan revamp by March 15

Pending MSME loan revamp by March 15

The restructuring of micro, small and medium enterprises’ (MSME) loans by banks will be done by March 15, according to Finance Minister Nirmala Sitharaman. In fact, out of the 5.53 lakh accounts identified as of January 6, 2020, 5.28 lakh have already been...
CSC e-Governance to take MSME Ministry schemes to rural India

CSC e-Governance to take MSME Ministry schemes to rural India

The MSME Ministry and e-governance services delivery arm CSC SPV have signed an agreement to promote schemes run by the ministry in rural areas. “Only CSC has potential to create grassroot entrepreneurs. Our CSCs are itself small enterprises. Like other...
RBI extends one-time restructuring scheme for MSME loans

RBI extends one-time restructuring scheme for MSME loans

After Finance Minister Nirmala Sitharaman, while presenting Union Budget 2020 on 1st February, said the government has asked the Reserve Bank of India (RBI) to extend the debt restructuring window by another year ending March 31, 2021, RBI in its Monetary Policy...
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