Sachin Menon, The initial hiccups are out of the way as the new Goods and Services Tax (GST) has settled down considerably. Now, it is time for phase II, which marks the near completion of two years of the new regime and the second term for the National Democratic Alliance (NDA) government.
Inaugurates MSME Day 2019 celebrations and second International SME Convention in New Delhi
The manufacturing sector’s contribution to the country’s GDP has more than halved in the last two decades, and it may get worse if steps are not taken to fix it, said Satish Marathe, Director, Central Board of the Reserve Bank of India.
The Indian Micro, Small and Medium Enterprises (MSMEs), currently contributing 29 per cent to the nation’s Gross Domestic Product (GDP) hold the potential to take the figure up to 50 per cent in the next 5 years and Union Minister, Nitin Gadkari has a plan in place to ensure the target is met.
Mumbai, June 28 (KNN) Trade finance firm Drip Capital apprised the Small and Medium Enterprises (SMEs) Rubber Exporters’ in Mumbai about the alternative working capital solutions like invoice factoring process.
New Delhi, 28 June (KNN) The government has asked all the public sector banks (PSBs) to resolve the problems which are being faced by the micro, small and medium enterprises (MSMEs) and submit weekly reports regarding it to give further boost to MSME businesses.