The Reserve Bank of India (RBI) and the Government has taken several steps time to time to ensure credit flow to the Micro, Small and Medium Enterprise (MSME) sector, informed Union Minister of Finance Nirmala Sitharaman.
The Indian rupee has recovered marginally from the lower level but trading lower by 8 paise at 69.23 per dollar versus previous close 69.15.
The goods and service tax (GST) authorities will soon draw up a list of taxpayers with ‘risk scores’ that will decide the level of audit scrutiny they face.
The Reserve Bank of India (RBI) on Wednesday issued Rupee Interest Rate Derivatives (Reserve Bank) Directions consolidating and simplifying all previous regulations with a view to protect small and retail participants.
A Reserve Bank of India (RBI) committee report on micro, small and medium enterprises (MSMEs), released on Tuesday, had a few crucial recommendations which can make non-banking financial companies (NBFCs) assume a bigger role in developing the sector by introducing more finance companies as ready lenders to the segment.
Union Minister Nitin Gadkari will Thursday inaugurate an international convention on micro, small and medium enterprises here to mark the International MSME Day.