Small Enterprise News

The manufacturing sector will continue to need policy support if the positive metrics are to be sustained

Loans up to 1 crore to be approved in 59 mins, labour law restrictions eased

MSMEs are a major source of job creation and are an important voter base for the ruling Bharatiya Janata Party

This persistence is not due to particular industries or states, but comes from the fact that fast-growing state-industries witness rising unorganized sector activity

The outstanding refinance provided by the government under the Mudra scheme as of March 2017 was just Rs6,114 crore or not more than 2% of the cumulative disbursals for the first two years

The Economic Survey said the centre will focus on labour reforms, increase infrastructure spending, create an enabling environment for labour-intensive sectors

As they sharpen their focus on smaller loans catering to the requirements of micro and small enterprises, NBFCs also expect their average ticket size to fall

The tardy payment habits of large companies have a significant impact on cash flows of small enterprises and competitiveness

The government expects 14% revenue growth under GST as more taxpayers come into the fold of formal economy and move to digital payment

Polls across four categories drew over 48,000 votes, showing active interest from urban Twitter users who seem to be aware of the challenges facing the rural and unorganised sectors