Noun
MSME (plural MSMEs)
Initialism of micro, small, or medium-sized enterprise.
According to Sitharaman, 45 lakh MSME units will be able to resume business and safeguard jobs through this support. Source: Internet
Addressing the Association of Lady Entrepreneurs of India, MSME Minister Nitin Gadkari said that there is a need to focus on import substitution to replace foreign imports with domestic production. Source: Internet
Among other major announcements, the government has also altered the definition of MSME. Source: Internet
Barely 25 percent of FIEO’s MSME members across sectors like apparel, leather, gems and jewellery, handicraft and carpets are operational in green and orange zones at the moment. Source: Internet
Convenor of CII Telangana MSME Panel A.V.S. Reddy said MSMEs need support and mentoring in terms of finance, international linkages and reaching out to new markets for their sustainability more than before. Source: Internet
Credit and Finance for MSMEs: The Reserve Bank of India (RBI) on Thursday extended the restructuring of MSME debt until March 31, 2021, "provided the borrower’s account was classified as standard with the lender as on March 1, 2020." Source: Internet