msme sector
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Opportunity India Desk Dec 13 2023 - 3 min readThe Jocata-Sumpoorn index, a key indicator of sales activity for credit-seeking micro, small, and medium enterprises (MSMEs), surged to 0.62 in October, signaling a shift from the mild expansion zone, observed over the past five months, to moderate. The rising index suggests a potential breakthrough towards robust growth in the coming months.
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Opportunity India Desk Jul 15 2022 - 3 min readSmall Industries Development Bank of India (SIDBI) Chairman and Managing Director Sivasubramanian Ramann has reported said that Indian MSMEs have bounced back with repayments coming back to normal virtually. Speaking with a leading daily, he said, “MSMEs have bounced back. Repayments have virtually come back to normal. In the smaller units that employ limited people ...
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Opportunity India Desk Jul 15 2022 - 3 min readThe first six months of 2022 have been growth positive for micro, small and medium enterprises (MSMEs) across all the categories and regions, the 2022 Mid-Year MSME Business Sentiment Survey by fintech firm Khatabook said. The firm surveyed 7,295 MSME businesses through which it was found that a total of 71 per cent of businesses are optimistic about growth ...
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Abhishek Kumar Singh Feb 18 2022 - 2 min readCensor Black is Hyderabad based financial service company. The company envisions to channelize the under-utilised assets and funds towards manufacturing industries. The company claims this idea can solve the biggest issues of developing countries like India by focusing on industrial growth and increasing efficiency of Micro Small and Medium Enterprises. The immense social, economic, and ...
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Vaishnavi Gupta Feb 01 2021 - 5 min readIn the Union Budget 2021-22, Union Finance Minister Nirmala Sitharaman has made a provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector. While presenting the Union Budget in the Parliament, Sitharaman said, “We have taken a number of steps to support the MSME sector in this budget. I have provided Rs 15,700 ...