msme - The Purbottar

29 Jun

The second edition of Tally MSME Honours

Business Correspondent0 CommentsBusiness, Indiamsme, Tally

Tally Solutions, a pioneer in the software products industry announced the winners of the second edition of ‘MSME Honours’ for the East Zone. Six companies from Siliguri triumphed amongst 2000 global nominations. It aims to celebrate the diversity and unrelenting contribution of MSMEs through their best practices at the grassroots level right up to the national economic level. These honours are given out once a year on the occasion of International MSME day and are applicable to all types of businesses with a turnover less than 250 crores and a valid GSTIN. Tally MSME Honours, in association with Development Bank…

18 Dec

MSME ecosystem encourages innovation and propels India

editor0 CommentsBusinessmsme

MSMEs have traditionally formed the backbone of the Indian economy, contributing to about 30 percent of India’s GDP. Accelerated by the pandemic, it has become more important now than ever to hand-hold small businesses to consolidate offline sales and simultaneously harness online platforms to be able to access wider audiences, scale-up production, and accelerate digital transformation. The North-East states are home to over 74,000 MSMEs from across Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura.

27 Sep

Flipkart Onboards 75,000 sellers on its platform

editor0 CommentsNorth EastFlipkart, msme

Flipkart, India’s homegrown e-commerce marketplace said it would onboard 1.2 lakh new sellers and medium, small and micro enterprises on its platform by December 2021. These new entrants would potentially create over 4 lakh direct and indirect jobs in the country. Flipkart has already on boarded around 75,000 sellers on its platform over the last few months. The new sellers and MSME base predominantly come from Tier 2 and 3 markets such as Agra, Indore, Jaipur, Panipat, Rajkot, Surat, and many others.Currently, the Flipkart Marketplace supports digital commerce for 3.75 Lakh sellers and is steadily working towards taking this number…

20 Sep

Flipkart Onboards 75,000 sellers on its platform

editor0 CommentsBusinessFlipkart, msme

Flipkart, India’s homegrown e-commerce marketplace said it would onboard 1.2 lakh new sellers and medium, small and micro enterprises on its platform by December 2021. These new entrants would potentially create over 4 lakh direct and indirect jobs in the country. Flipkart has already onboarded around 75,000 sellers on its platform over the last few months. The new sellers and MSME base predominantly come from Tier 2 and 3 markets such as Agra, Indore, Jaipur, Panipat, Rajkot, Surat, and many others.Currently, the Flipkart Marketplace supports digital commerce for 3.75 Lakh sellers and is steadily working towards taking this number to…

10 Apr

Amazon cumulatively digitized 2.5mn MSMEs

editor0 CommentsBusinessAmazon, msme

Amazon India has digitized 2.5 million MSMEs, enabled cumulative exports worth $3 billion and helped create nearly 1 million jobs in India till date. Last year at the inaugural Sambhav Summit, Amazon had announced an investment of $1 billion to digitally enable 10 million MSMEs, enable ecommerce exports worth $10 billion and create 1 million additional jobs in India between 2020 and2025. The company is on track to fulfill these commitments. Amit Agarwal, Global Senior Vice-President and Country Head of Amazon India, said,“As the world around us is more digital than ever with the internet and technology becoming an integral…

30 Mar

Gadkari to MSMEs: Switch to solar MSMEs to avail concessional debt finance to install rooftop solar

editor0 CommentsBusinessmsme

Union Minister of Micro, Small and Medium Enterprises (MSME) and the Minister for Road Transport & Highways Shri Nitin Gadkari has invited MSMEs to avail concessional debt finance to install rooftop solar for business efficiency. He said, Rooftop Solar offers an excellent value proposition to MSMEs by significantly bringing down cost of electricity consumption, which on an average, is up to one-fifth of their operations cost and it contributes in economic recovery as it employs more people than any other renewable energy.The World Bank - SBI’s $625 million has supported India’s significant Rooftop Solar roll out. The MSME sector, through…

27 Feb

Retail and MSME Camp organized by Indian Bank B.S. Road Branch, Coochbehar

editor0 CommentsBusinesscoochbehar, indian bank, msme, retail loan

Recently Indian Bank, B.S. Road Branch, Coochbehar had organized MSME & Retail Cluster Camp in the presence of Sri F. R. Bokhari, Zonal Manager of Siliguri Zone. Branch head of Indian Bank, Sri Anil Kumar Prasad had elaborated the importance to MSME financing and various government initiatives to boost the economy after COVID. On the camp, the bank has distributed sanction Letter to 13 beneficiaries of amount Rs. 152 Lacs related to MSME and Retail Loan.

21 Aug

Assam State govt striving to benefit 68,000 MSMEs under Aatma Nirbhar Bharat: Sonowal

editor0 CommentsAssam, BusinessAssam, msme

Chief Minister Sarbananda Sonowal today reviewed the implementation status of the Emergency Credit Line Guarantee Scheme for MSMEs of Dibrugarh and Tinsukia districts under Atma Nirbhar Bharat Abhiyan at a meeting held at the Deputy Commissioner’s office, Dibrugarh. He also held a discussion with the MSME owners of the two districts and urged them to take advantage of the Atma Nirmal Bharat initiative. Saying that Prime Minister Narendra Modi had started the Atma Nirbhar Bharat Abhiyan with financial outlay of Rs 20 lakh crore to revive and revitalise the country’s economy affected by COVID-19 lockdown, Sonowal stated that the state…