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The portal will aim to resolve the problems of MSMEs including those of finance, raw materials, labour, regulatory permissions, particularly those arising due to present-day Covid- induced difficult situation. Read more at: https://economictimes.indiatimes.com/small-biz/sme-sector/to-help-msmes-scale-prime-minister-narendra-modi-launches-technology-platform-champions/articleshow/76136661.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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The existing definition of MSMEs is done on the basis of investments put in, but the revised definitions now also include turnover of the company. Read more at: https://economictimes.indiatimes.com/small-biz/sme-sector/cabinet-approves-new-definition-of-msme-turnover-for-medium-enterprise-increased-to-rs-250-crore/articleshow/76132935.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Airtel Payments Bank and Mastercard will work together to create differentiated card solutions, including solutions for contact less payments via NFC (Near Field Communication) for customers and merchants. Read more at: https://economictimes.indiatimes.com/small-biz/sme-sector/airtel-payments-bank-mastercard-tie-up-for-payment-solutions-for-farmers-smes/articleshow/75997706.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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“We have sanctioned loans amounting to Rs 2,789 crore under agriculture, SHGs, Retail, MSMEs with almost one lakh beneficiaries between March 2020 and May 2020,” the lender said in a statement. Read more at: https://economictimes.indiatimes.com/industry/banking/finance/banking/bank-of-maharashtra-sanctions-rs-2789-crore-loans-over-3-months-to-msmes-others/articleshow/75943308.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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