Tag "MSMEs"

RBI Governor announces loans restructuring facility for small borrowers

By : Laxitha Mundhra

RBI Governor Shaktikanta Das today announced a major update for small borrowers. He said that borrowers who are struggling to pay loans during the pandemic can avail restructuring options. The restructuring option will be open to borrowers who hadn’t availed

What do MSMEs and Startups expect from the Union Budget 2021?

By : Laxitha Mundhra

Finance Minister Nirmala Sitharaman will present Union Budget on February 1 for FY 2021-22. The Budget 2021-22 hold more significance owing to the Covid-19 pandemic. Thus, it might shed some light on how the government will allocate funds to revive

Nirmala Sitharaman and Nitin Gadkari to solve MSMEs loan issues

By : CIOL Bureau

In the second term, the Modi government has numerous plans to boost the economy and create jobs. However, according to a report, India is struggling to create jobs. The unemployment rate is about 6.1%, which is highest since 1972-73. MSME

NITI Aayog and ABB facilitating adoption of Artificial Intelligence by MSMEs

By : CIOL Bureau

Manufacturing in the age of Artificial Intelligence (AI), a workshop organized by NITI Aayog and ABB India, brought together entrepreneurs, policymakers, state government functionaries and technology experts. It was the culmination of a partnership between the two organizations to work