The session focused on gathering vital inputs from representatives of the Micro, Small, and Medium Enterprises (MSME) sector for the forthcoming General Budget 2024-25
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In a pre-budget meeting with union finance minister Nirmala Sitharaman, industry bodies such as PHDCCI, FICCI and Assocham suggest bolstering Indian micro, small and medium enterprises (MSMEs) and helping them overcome monetary hurdles
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Assocham suggests the establishment of MSME universities across India to boost employment generation while enhancing entrepreneurship in the country.
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The tax processes, harassment and intimidation by state tax authorities are pulling the clock back for ease of doing business, say experts
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On 1 June 2024, Ugro Capital received the Shareholders’ approval and allotted CCDs worth Rs 258 crores and warrants worth Rs 1,007 crores
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While the festive season presents an opportunity for businesses to boost their sales and increase their revenue, MSMEs still struggle because of the lack of working capital
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Jitan Ram Manjhi is replacing Narayan Rane who last held the position in July 2021 under Modi 2.0
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Going forward, employment creation must be at the top of the agenda to absorb the growing young population in the country, says PHDCCI
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The MSME sector expects the new government to enhance access to credit, simplify regulatory frameworks, and provide robust support for digital transformation
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According to Sitharaman, it was under PM Modi that the banking sector turned around for the better.
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