Subsidy to MSME

Credit to India’s small enterprises sees significant growth
As per information furnished by RBI, flow of credit to micro, small and medium enterprises (MSMEs) has increased and loans outstanding against MSMEs from public sector banks has gone up from Rs.3,75,412 crore in March, 2010 to Rs.4,85,771 crore in March, 2011 (provisional).

In terms of the recommendations of the Task Force on MSMEs under the chairmanship of the Principal Secretary to the Prime Minister, the RBI has advised the banks in June 2010 to achieve a 20 per cent year-on-year growth in credit to micro and small enterprises (MSEs) and a 10 per cent annual growth in the number of micro

Feature: MSME enhancing the growth and development of the Indian leather sector
The Indian Leather Industry occupies a place of prominence in the Indian economy in view of its substantial export earnings, employment generation and growth. This sector is known for its consistency in high export earnings and it is amongst the top ten foreign exchange earnings for the country. The 11th Plan expects the total turnover of the industry to grow from its current mark of about US$ 7 billion to US$ 13.2. billion by 2011-12.
The impressive growth of the Indian Leather Sector over the past four decades from being a traditional rural and artisan based, inward-looking industry in th

Dell starts financing programme for small business
Dell, the world''s third largest personal computer maker, today said it has launched a programme to provide financing option to small and medium businesses, large commercial customers and public sector in India for its products.

Bajaj Auto and SBI tie up to provide inventory finance to dealers
Bajaj Auto Ltd. country's fastest growing automobile company has tied-up with State Bank of India, the country's largest bank to offer inventory finance to its dealers.

India and Slovak Republic to join hands for MSME growth
India and Slovak Republic to join hands for MSME growth. Mr. Juraj Miskov, Minister of Economy, Slovak Republic called on Shri Virbhadra Singh, Minister of Micro, Small and Medium Enterprises here today.