MSME

Economy

Broad-based sector stress drove ECLGS 5.0 rollout, says finance secretary

On Wednesday, the government approved the scheme with a total outlay of ₹2.55 trillion, including a dedicated ₹5,000 crore window for airlines. The scheme allows additional credit of up to 20% of peak working capital utilised for eligible borrowers affected by the conflict.

2 min read7 May 2026
Industry

New emergency credit scheme to aid banks, limit bad loans, brokerages say

India’s ECLGS 5.0 scheme, with ₹2.55 trillion in guaranteed credit, is expected to boost bank loan growth and protect asset quality amid West Asia war risks. Analysts say it offers a low-risk lending cushion, helping MSMEs and corporates manage liquidity stress.

1 min read6 May 2026
Industry

PMEGP sees sharp credit slowdown as loan sanctions plunge 50% in FY26

A sharp contraction in lending and applications under the PMEGP in FY26 signals weakening momentum in credit support for small enterprises, with potential implications for job creation.

4 min read5 May 2026
Markets

NBFCs may reflect monsoon stress before it shows up elsewhere

Dalal Street's reacts remains largely muted by poor monsoon forecasts as crude oil and capital flows dominate sentiment. But rural lenders tied to farm cash flows could reflect stress well before it shows up in consumption or earnings.

4 min read28 Apr 2026
Markets

Banks' NPAs hold steady despite war shake-up, shows Crisil stress test

The US-Iran war, which started on 28 February 2026, has hit global supply chains, especially in energy, leading to a cascade effect across the economy, putting pressure on inflation as well as growth.

2 min read17 Apr 2026
Economy

Centre plans community kitchens to hold back migrant workers at MSME hubs

The plan is to extend community kitchen services, already in operation in several states, to manufacturing clusters. It may also include setting up new community kitchens with the cooperation of state governments, as well as industry and social groups.

4 min read10 Apr 2026
Money

Why profitable MSMEs still run out of cash

Strong sales mask weak financial discipline, from poor cash flow tracking to GST lapses, leaving many small businesses locked out of credit.

4 min read7 Apr 2026
News

New Icai course to build cadre for low-cost compliance support to small firms

New Icai president Prasanna Kumar D. said that a 21-member panel, including the self-regulator’s council members and external professionals, are designing the modular course in consultation with the ministry of corporate affairs and the ministry of micro, small and medium enterprises.

2 min read26 Mar 2026
Industry

NBFCs turn cautious as West Asia war raises funding and credit concerns

While the immediate impact of the ongoing war in West Asia remains limited, non-bank lenders believe the real risk lies in a prolonged conflict, which could trigger second-order effects across inflation, demand and credit cycles.

4 min read26 Mar 2026
Companies

India’s e-commerce market likely to more than double to $300 billion by 2030, says BCG

The next phase of growth will be driven by smaller cities and middle-income groups, according to the BCG report. The total number of online shoppers is estimated to increase from 280–300 million in 2025 to 420–440 million by 2030.

5 min read24 Feb 2026