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UNBELIEVABLE: 3 | History Defined

Proposal for double property tax on buildings without plan approval will hit MSMEs in Karnataka

Kassia urged the Karnataka government not to take up proposals that hamper growth of MSMEs in India.

The Hindu

Ability of MSMEs to adapt to changing environment triggers innovation: Rajnath Singh

Small industries have been showing ability to adapt to the changes more easily than large industries and it is the adaptability of small industries which increases the possibilities of innovation, said Defence Minister Rajnath Singh on Thursday while inaugurating the ‘India Manufacturing Show’ in Bengaluru.

The Hindu

Minimum wage issue: Trade bodies urge govt. to go against appeal on HC order

Trade bodies urge Karn. govt. to appeal HC order on min. wages; seek meeting with CM. FKCCI, BCIC, KASSIA, PIA ask for revision up to ₹31,000/month, fear MSMEs may have to shut down. Request CM to intervene, convene meeting to resolve issue.

The Hindu

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How a climate-proofed MSME sector can drive Tamil Nadu’s EV leadership

The Hindu

Chamber urges Niramala Sitharaman to ensure early completion of projects in A.P.

Finance Minister Nirmala Sitharaman responded favourably to the appeals of AP Chamber of Commerce & Industry Federation for key projects in the State. Issues such as air connectivity, Vande Bharat sleeper trains, food processing sector, GST on naturally dried chillies, Oil Palm Board, bulk drug park, TCS on overseas travel…

The Hindu

DMK keen on protecting corrupt Ministers: BJP leader Annamalai

BJP's K. Annamalai accuses ruling DMK of protecting Ministers with corruption charges. He claims power tariff in TN is highest in India, hurting MSMEs. He also alleges Mahalir Urimai Thogai benefits few and TASMAC won't be closed due to DMK's vested interests.

The Hindu

Power cuts will hit MSMEs’ domestic, exports delivery commitments: trade bodies

MSMEs in Karnataka face bleak outlook due to power cuts; trade bodies urge govt. to buy additional power & promote renewable energy to reduce burden on main grids.

The Hindu

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Tamil Nadu Government appeals to MSMEs not to get ‘instigated’

TN govt appeals to MSMEs protesting electricity charges; TNERC recommends tariff revision; MLAs move call attention motion to highlight need for govt intervention.

The Hindu

MSMEs in Tamil Nadu to continue protests against high power costs

MSMEs in Tamil Nadu will stage protests on October 4 against high power costs. Talks with Tamil Nadu government on September 29 did not yield results.

The Hindu

Indian Navy to unveil ‘Swavlamban 2.0’ next week: Vice-Chief

Indian Navy to release 'Swavlamban 2.0' roadmap next week, surpassing target of developing 75 futuristic technologies in partnership with domestic MSMEs and startups. AoN obtained for 12 cases worth ₹1,500 crore; products worth ₹200 crore already signed. Fire-fighting suit and bot developed, export queries from other countries.

The Hindu

MSMEs suspended operations pressing for demands

MSMEs in Tiruchi suspended ops Mon as part of State-wide stir to press for withdrawal of hike in fixed power & peak hour charges. Fabrication units participated in strike. Cost of production up due to hike in power charges. Strike near total in Tiruchi district. Govt to meet industries assoc.…

The Hindu

‘We will be finished’: Modi manufacturing plan squeezes small Indian firms

Incentives to big manufacturers aimed at challenging China are threatening small businesses, India’s economic backbone.

Al Jazeera

‘Financial literacy absent among most MSMEs in Karnataka’

Financial literacy is literally absent in a majority of Micro, Small and Medium Enterprises (MSMEs) in Karnataka, said C.A. Shashidhara Shetty, president, Karnataka Small Scale Industries Association (KASSIA).

The Hindu

All for small: On focus on the small enterprises

G-20 Ministers must strive to help MSMEs and integrate with global value chains as empowering them translates to societal empowerment

The Hindu

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The Hindu

EESL CEO meets Chief Secretary, appreciates Andhra Pradesh’s energy efficiency initiatives

EESL CEO Vishal Kapoor met Chief Secretary K.S. Jawahar Reddy to discuss EMS to meet climate-change goals. Jawahar suggested EE tech for MSMEs to foster innovation and progress. CM Y.S. Jagan Mohan Reddy committed to advancing MSMEs by introducing latest tech. Kapoor stressed the need for MSMEs to embrace innovative…

The Hindu

PM Modi seeks level playing field for smaller e-commerce players

Prime Minister Narendra Modi, in his opening address to the G20 Trade and Investment Ministerial summit, said it was the collective responsibility of these 20 nations to rebuild confidence in international trade and investment processes as the world economy has been tested by the COVID-19 pandemic and geo-political tensions.

Bangkok Post

Empowering MSMEs to embrace circular economy

Mark Sultan Gersava was a peace development worker from Mindanao, the Philippines, who decided to act on what he saw as a critical challenge: transforming his ordinary products to become environmentally friendly to help mitigate the effect of climate change while empowering his local community with sustainable and long-term livelihoods.

Birmingham Post

Bristol businesses to benefit from £5m export support programme

The Institute of Export and International Trade says greater export for MSMEs is needed

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The Hindu

Digital transformation must improve user experience and organisational behaviour, firms told

With technology emerging as an essential part of business, it is important for MSMEs remodel their business

The Hindu

Power tariff: Stakeholders oppose steep hike, want it rescinded

The hike in power tariff owing to Fuel Adjustment Charges (FAC) introduced by Chamundeshwari Electricity Supply Corporation (CESC) has evoked a sharp response from the Federation of Organisations and Associations of Mysuru (FOAM) representing various businesses and traders groups in the city.

Bangkok Post

Lenders demand access to utility bill data

The Thai Bankers' Association (TBA) plans to continue its push for the incorporation of data from utility bills into the National Credit Bureau (NCB) database as an alternative source for banks to consult when extending loans to the underbanked segment.

The Times of India

CCI directs 8 MSMEs to cease and desist from unfair business practices

NEW DELHI: The Competition Commission on Tuesday directed eight firms and some of their officials to cease and desist from unfair business practices but refrained from imposing penalties on them in a case related to cartelisation in bidding for an Indian railways tender.

The Hindu

Focus on promotion of MSMEs as they generate employment, CM tells officials

Jagan wants special wing to ensure grounding of units approved by investment promotion board

The Hindu

KCCI urges Centre to amend Insolvency and Bankruptcy Code in the interest of MSMEs

President of KCCI M. Ganesh Kamath writes letter to Union Minister for Finance Nirmala Sitaraman seeking amendment

The Hindu

MSME imports hit after rupee’s free fall against greenback

Import bills of micro, small and medium enterprises have gone up at least 20% to 25% in the last over six months, say trade bodies

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