Tag "MSMEs"
RBI Governor announces loans restructuring facility for small borrowers
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?
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
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
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