With MSMEs contributing approximately 36 per cent to manufacturing output and 45 per cent to exports, the sector's role in ...
Many of the Budget announcements for MSMEs made in July 2024 are yet to be ... There are two types of problems: short term and long term. The export slump was a sudden and short-term global ...
MSMEs should explore government schemes or financial incentives designed to support digital transformation, which can help alleviate the financial burden of implementing IMS. The introduction of ...
Micro, small, and medium-sized enterprises (MSMEs) are the backbone of Indonesia’s economy, representing more than 60% of its gross domestic product (GDP) and nearly 97% of its workforce.
Lack of security has historically hindered MSMEs’ access to bank financing, he said. Onalo noted that the National Credit Guarantee Company (NCGC) aims to address the long-standing issue of ...
Recognizing MSMEs as one of the four primary growth engines, the budget has unveiled a comprehensive set of measures aimed at strengthening this sector across various dimensions. Key measures ...
Presenting the Budget for 2025-26, Union Minister Nirmala Sitharaman said there are over 1 crore registered MSMEs, employing 7.5 crore people, and generating 36% of our manufacturing. These MSMEs ...
he Micro, Small and Medium Enterprises (MSMEs) Ministry is preparing a ministerial regulation about the subsidized microloan program (KUR) for food production equipment. “The MSMEs Ministry is ...
(Image: Representational/Pixabay) They said that the exporting community's lack of adequate financing for capital investments has long been a challenge for MSMEs, restricting their ability to scale ...
Despite their crucial role, MSMEs have long grappled with financing bottlenecks, infrastructural gaps and slow technological adoption. The 2025-26 budget takes a decisive step to address these ...
This step in the Union Budget 2025 is expected to boost Credit Cover for MSMEs immensely. FM Sitharaman further elaborated that these credit cards are going to be distributed to 10 lakh businesses ...