June 8, 2020 8:44 PM

COVID Emergency Credit Facility covers all companies not just MSMEs: FM Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman has said that the COVID Emergency Credit Facility covers all companies and not just MSMEs. Addressing the FICCI National Executive Committee members today, the Finance Minister assured the industry of all possible Government support. On the question of liquidity, she said, government has taken adequate measures to address the issue and assured every possible support to factor out remaining concerns. Ms. Sitharaman said that every Government department ha...

January 1, 2019 9:34 AM

MSMEs Ministry established export promotion cell to create sustainable ecosystem

The Micro, Small and Medium Enterprises (MSMEs) Ministry has established an export promotion cell to create a sustainable ecosystem for MSMEs. This was stated by the Minister of State (Independent Charge) for MSME Giriraj Singh  in a written reply in Lok Sabha yesterday.  This cell is expected to help in integration of MSMEs into global value chain, evaluation of readiness of MSMEs to export their products and services.