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MSME definition to be modified, FISME calls for suggestions -Ananya Upadhyaya

-Financial Express Due to the steep rise in raw material prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...

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Govt data: Only 18% of 1 crore registered MSMEs owned by women entrepreneurs -Parvathy Pillai

-Financial Express Ease of Doing Business for MSMEs: As of August 3, 2022, 17,96,408 enterprises were women-owned MSMEs out of the total 99,58,903 MSMEs registered on the Udyam portal. Ease of Doing Business for MSMEs: 18 per cent of micro, small and medium enterprises (MSMEs) registered in the country are owned by women entrepreneurs, according to government data. As of August 3, 2022, 17,96,408 enterprises were women-owned MSMEs out of the total...

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More than a quarter of MSMEs lost market share due to pandemic

-The Hindu Business Line Half of them suffered a contraction in their EBITDA margins because of a sharp rise in commodity prices More than a quarter of India’s micro, small and medium enterprises (MSMEs) lost a market share of over 3 per cent due to the Covid-19 pandemic, according to CRISIL Research’s SME Report 2022. Please click here to read more.  ...

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Over a fourth of MSMEs lost more than 3% market share last fiscal: Crisil -Subhash Narayan

-Livemint.com While the industry Ebitda margin is expected to touch pre-pandemic level this fiscal, MSMEs in more than half the sectors will buck the trend. The performance is also underwhelming in the context of corporate India, which is expected to log a 10-14% increase in revenue and Ebitda margin of 19-20% NEW DELHI: More than a quarter of India’s micro, small and medium enterprises (MSMEs) lost over 3% market share due to...

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MSME loans back on track in FY22 -G Naga Sridhar

-The Hindu Business Line Micro and small loans as on March 2022 grew by 21.5 per cent to ₹4,95,281 crore from ₹4,07,675 crore as on March 2021    The advances to Micro, Small and Medium Enterprises (MSMEs) are growing at a good pace, as banks are turning liberal in sanctioning loans. The data pertaining to the fourth quarter ended March 31, 2022 as well FY22 show increase in MSME advances compared to previous year,...

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