In a significant move to further enhance accessibility and streamline the loan application process for MSMEs, SIDBI has established a service desk at TANSTIA (Tamil Nadu Small and Tiny Industries Association) and the TANSTIA-FNF Service Centre. This initiative is highly beneficial as it allows MSMEs to: Submit Loan Applications Locally: Instead of visiting SIDBI branches, MSMEs can submit their loan…

Article by M S Krishnan, TFSC Consultant The primary legislation for integrated ESG reporting in India is the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and related circulars. Key developments include:Introduction of the Business Responsibility and Sustainability Report (BRSR) in 2021, which mandates ESG disclosures for the top 1,000 listed companies.Launch of the more stringent BRSR Core framework in…

India’s goods exports inched upwards in June growing 2.6 per cent (year-on-year) to $35.2 billion fuelled by sectors such as engineering goods, electronics, chemicals, and pharmaceuticals sectors as global conditions supporting trade showed some improvement. Imports in June increased by a higher 4.9 per cent to $56.18 billion, generating a trade deficit of $20.98 billion, which was a tad higher…

The transformation through technology adoption is no longer a matter of choice but a question of survival for the micro, small and medium enterprise (MSMEs), noted industry leaders at the MSME growth Conclave, organized by businessline in Bengaluru on Thursday.

The coming together of technology and better financial infrastructure has enabled the right atmosphere for micro, small and medium enterprises (MSMEs) to thrive and capture a chunk of the global marketplace. This was a essential message that emerged from various experts who spoke at the MSME growth Conclave that was organized here by businessline to mark MSME day.