delayed payments
Exporters Seek Relief From 45-Day Payment Rule, Cite Business Impact
Companies Export Feature News

Small Business, Big Impact: Harnessing MSMEs, Exports For India’s GDP Growth

India will have to leverage its sizable home market to become more competitive and scale up production to enjoy the benefits of scale economies Promoting the micro, small and medium enterprises (MSMEs), enhancing skills to build future workforce and larger exports, focussing on high-end manufacturing, taking digital India to the next level and promoting cleaner […]

Read More
High Shipping Costs, Shipments' Delay, Red Sea Woes Hit Textile Exports
Government National News

CMAI Seeks Amendment In MSMEs’ Credit Structure

The Clothing Manufacturers Association of India (CMAI) has expressed appreciation for the Government of India’s efforts in introducing the MSME Payment amendment to the Income Tax under Section 43 (b) (h) to tackle issues of delayed and non-payment faced by the MSME sector. However, the amendment has led to significant adverse consequences for the domestic […]

Read More
Festive Season: Business Loans To MSMEs Likely To Rise By 20%, Say Experts
Companies Feature National News

Festive Season: Business Loans To MSMEs Likely To Rise By 20%, Say Experts

Amid the ongoing festive season, experts have said that business loans to India’s cash-strapped micro, small and medium enterprises (MSMEs) are likely to rise by 20 per cent and the sector’s revenue is expected to increase significantly. A number of high-frequency indicators such as goods and services (GST) revenues signal a record-breaking high in consumer […]

Read More