India has banned export of cotton with immediate effect. The ban has been implemented due to decline in production and damaged crops. The move is going to increase the supply of cotton in domestic market. This will surely be of help to SMEs whose operations are based on the natural fibre.

The Directorate General of Foreign Trade (DGFT) prohibited cotton ...

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Apparel Export Promotion Council (AEPC) has demanded Finance Ministry to set up an 'External Commercial Borrowing' (ECB) fund for MSMEs. AEPC made recommendations for this new window to Finance Minister, Pranab Mukherjee.

A.Sakthivel, Chairman AEPC, opines that ECB window is very essential for MSMEs keeping into consideration the criticality of global market and necessity to retain a competitive edge. ECB ...

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In Haryana, 'micro, small and medium enterprises' grievances are been looked into by a facilitation council. MSMEs are complaining about delayed payment problem both from public sector enterprises and private players. The Haryana SME facilitation cell, also reports that more complaints are against government enterprises.

Small and Medium Enterprises in Haryana complain about having constant problem of delayed payments from their ...

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BSE SME exchange is expected to be launched by end of March. The target is to list 500 SMEs within next three years. The process is on and effort is being made to launch the SME exchange in this fiscal.

The SME Stock exchange got its clearance from Securities and Exchange Board of India (SEBI). It is believed that the ...

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Deputy Governor KC Chakrabarty of Reserve Bank of India summoned banks for showing laxity while financing to small and medium enterprises in the country. SME's need working capital and for which they seek loans. So, banks should be willing to lend out loans to small businesses.

When the bank management starts to monitor the loan applications then obviously more SMEs ...

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