FISME In Media

Budget 2023 | Most MSMEs doing well but financing still an issue, says FISME secretary general

Reforms, instead of a fiscal push, will help keep financing costs low, helping micro, small and medium enterprises expand, says Anil Bhardwaj.

FISME writes to FM Nirmala Sitharaman to introduce surety bonds to make public procurement inclusive for MSEs

Credit and Finance for MSMEs: Federation of Indian Micro and Small & Medium Enterprises (FISME) stressed on the issue that many micro and small enterprises (MSEs) are unable to leverage the generous 25 per cent purchase preference reserved for them in the central and the state government procurement.

FISME joins hands with South Korea’s Yangsan Chamber of Commerce and Industries to support MSMEs in both the countries

Ease of Doing Business for MSMEs: The South Korean delegation also had business-to-business (B2B) meetings with members of FISME on sectors such textiles, clothing, towels, umbrellas, bath products, leather and others.

GST e-invoicing welcome step for midsize firms but might be a challenge for micro, small units: FISME

Ease of Doing Business for MSMEs: Earlier this month, the Central Board of Indirect Taxes and Customs (CBIC) had notified that e-invoicing will be mandatory for B2B transactions for businesses with a turnover of more than Rs 50 crore from April 1, 2021.

MSMEs urge FM Nirmala Sitharaman to review NPA classification norms

In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has emerged is the flexibility in assigning NPAs

Bar private labels, treat e-marketplaces and inventory same: FISME to government

At present, 200,000-250,000 micro enterprises in India have onboarded e-commerce platforms.