MSME News
Micro, small businesses shy away from state-run delayed payment resolution, avail litigation instead
With a low success rate, high costs, and long timelines for out-of-court dispute resolution, businesses are turning towards courts, where they can file civil suits to recover their payments.
3 min read23 Apr 2025Sidbi plans to infuse $800 mn in climate fund for small businesses
Sidbi intends disburse loans through small finance banks and NBFCs to target investments in climate mitigation projects for MSMEs
1 min read17 Apr 2025Non-tariff barrier: Time for India to reverse its rash of quality control orders
Suman Bery of the Niti Aayog and EAC-PM has pointed out how QCOs act as non-tariff barriers—to the anguish of MSMEs. Given India’s need to signal trade openness, we should roll back all except the few we actually need.
3 min read17 Apr 2025Small firms fear new MSME definitions favour giants, cry foul
The MSME body has also pushed for including export revenue in calculating sales in an attempt to keep the larger players out of the category.
5 min read12 Apr 2025MSME makeover: New definitions unlock bigger benefits, faster resolutions
A nearly two-decade old legislation allowed micro and small enterprises access to certain benefits, but left out businesses categorised as medium-sized enterprises. Under India’s newly unveiled definitions for MSMEs, more businesses will have access to these benefits.
3 min read3 Apr 2025MSME credit surges threefold in a decade, MUDRA loans drive financial inclusion: SBI Research
The SBI Research report underscores the pivotal role of MSMEs—along with agriculture and allied activities—as key drivers of economic expansion.
2 min read2 Apr 2025Why Did US Teen Kill Himself After Talking To AI Chatbot? | Mother Files Lawsuit Against Platform
In a Florida lawsuit filed, a mother claimed the character AI platform bears responsibility for her 14-year-old son’s suicide. The teen, Sewell Setzer III, had formed an intimate relationship with a chatbot based on the Game of Thrones character Daenerys Targaryen and mentioned a desire for suicide. According to the complaint, the bot encouraged his final act, responding please do, my sweet king when he said he was coming home before taking his life with his stepfather’s weapon. The lawsuit opens up the Pandora’s box on who is to be blamed in such scenarios? The victim, their families or big tech companies behind these platforms? #bigtech #artificialintelligence #ai #selfhelp #usa #chatgpt #characterai #florida #technology #emotional #mentalhealth #selfawareness #machine #chatbot #gemini #meta #amazon #abhinavtrivedi #donaldtrump #gameofthrones #got
24 Mar 2025India needs a better way to track its micro-enterprises
Given how poorly the NSO’s economic census has performed, we need a new approach. An enterprise sample registration system could offer data that plugs a significant gap in our understanding of the informal economy.
4 min read19 Mar 2025MSMEs call for reduced data compliance as India’s data protection regime takes shape
The survey concluded that a key part of the digital marketing strategy for MSMEs is using digital tools such as Facebook and Instagram to attract and retain customers, and limitations on data sharing may disrupt such strategies.
2 min read12 Mar 2025Online dispute resolution for MSMEs soon, govt to start training officials
Small businesses are one of the most important aggregators of the economy the country’s 58 million MSMEs contributing to about a third of the country’s gross value added every year.
4 min read12 Mar 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared