Tag Archives: Micro and Small Enterprises

Micro and Small Enterprises can now supply at least 20% to Govt

Ministry of Micro,Small & Medium Enterprises of Govt of India on 16-November, 2015 Revised provisions for procurement from MSEs Government of India has introduced a Public Procurement Policy for Micro and Small Enterprises (MSEs) Order, 2012 which is notified under MSMED Act 2006. Under the Policy every Central Government Ministries, Departments and Public Sector Undertakings… Read More »

RBI Guidelines for lending to Micro and Small Enterprises

RBI/2015-16/160 FIDD.MSME & NFS.BC.No.60/06.02.31/2015-16 August 27, 2015 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir / Madam, Streamlining flow of credit to Micro and Small Enterprises (MSEs) for facilitating timely and adequate credit flow during their ‘Life Cycle’ Micro and small units are more prone to facing financial difficulties during their Life Cycle… Read More »