FISME In Media

FISME: Policy response from RBI inadequate, MSMEs fear turning into NPAs

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

MSME Associations worry over Gadkari’s move to include retailers and traders in MSME sector

Ease of Doing business for MSMEs: MSME associations have expressed their concern about the expansion of MSME definition fearing dilution of the sector and the benefits available to manufacturing businesses.

Budget 2022: MSMEs seeks amendment in IBC, restoration of interest-subvention scheme

Industry body FISME says MSMEs have been categorised as operational creditors, who rarely get their dues after the bankruptcy process.

MSMEs fear harassment, misuse of power by officials under new GST regime

The rules were amended to empower GST officials to initiate recovery proceedings against businesses without providing a show-cause notice for any mismatches in forms GSTR-1 and GSTR-3B.

MSMEs largely outside the ambit of PLI scheme, many small businesses left out of ECLGS. Can Budget 2022 do a course correction?

The Department for Promotion of Industry and Internal Trade has been working on preparing a single-window portal for incorporation and obtaining all relevant approvals.

Enable ease of doing business for small-businesses in budget’22 to empower MSMEs: FISME

India is home to approximately 6.3 crore MSMEs which forms the backbone of the economy.