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MSME

IL Feature

Credit Where It Is Due

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The planned mechanism announced by the finance minister is likely to bring comfort to these stressed entities that have faced difficulty in engaging existing credit lines to pay dues. Under the new system, banks will conduct credit evaluation of an MSME based on its digital trail and not on the balance sheet
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We want more

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Demographic dividend seems to be on the negative side in India. The most populous nation in the world might find this “crown” full of thorns, and that the country is driving down a road that leads to disaster.
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No Capex for Humanity

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Infra capital expenditure in the Union budget has had tongues wagging, but the problem lies in the lack of understanding how poor India’s poor really are.
Cause List

MSME moves Delhi HC to qu...

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In light of the above, the plea prays for quashing of sale/auction notice dated 05.05.21 or in the alternative a direction to Ld. DRT-II, New Delhi, to hear and decide the case of the petitioner as per rules and procedures set out in the SARFAESI Act,2002 and in accordance with the RBI guidelines.
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Union Budget: A minority ...

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The finance minister has promised a Budget like “never before” but issues at hand, especially the health of MSMEs, are so critical and government resources so constrained that such a wide promise may be difficult to fulfil.
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Catch 22: Filing GST retu...

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Small businesses which could not file their returns as they had no income due to the pandemic are now facing closure as the GST department is demanding back breaking penalties.
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Dr KS Pillai, a 63-year-o...

News Update

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