Tag: MSME sector

Prime Minister performs Bhoomi-Poojan of Ahmedabad Metro Rail Project Phase-II, Surat Metro Rail

NEW DELHI: The Prime Minister, Narendra Modi performed Bhoomi Poojan of Ahmedabad Metro Rail Project Phase-II and Surat Metro Rail Project via video conference today. Gujarat Governor Acharya Devvrat, Union Home Minister Amit Shah , Gujarat Chief Minister Vijay Rupani and Union Housing & Urban Affairs Minister Hardeep Singh Puri were present on the occasion. […]

Banks sanction loans worth Rs 1.77 trillion to 4.4 million MSMEs under ECLGS scheme

NEW DELHI: The Finance Ministry on Thursday said banks have sanctioned loans of about Rs 1.77 lakh crore to 44.2 lakh business units under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector reeling under the slowdown caused by the coronavirus pandemic. However, disbursement against the sanctioned amount stood at […]

Nitin Gadkari welcomes PM’s economic package for MSME, village and cottage industry sector

NEW DELHI: India’s MSMEs and Road Transport & Highways Minister Nitin Gadkari has welcomed the Prime Minister Narendra Modi’s relief package worth Rs 20 lakh crore announced this evening. He said, through this historical package, the Prime Minister has fulfilled the expectations and aspirations of the MSME, village and cottage industry sector.. Gadkari said, with […]

MSME sector on verge of collapse: Nitin Gadkari

NEW DELHI: India’s Road Transport & Highways of India and Shipping Ministry of Micro, Small and Medium Enterprises Minister Nitin Gadkari on Thursday said micro, small and medium enterprises (MSME) sector is on the verge of collapse and urged major industries to release the outstanding dues to such companies within a month. He said the position […]

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