The Federation of Indian Export Organizations (FIEO) is looking for fiscal and non-fiscal support from the Finance Ministry, especially for export markets, which have suffered the most during the global economic crisis. The association wants to increase the sector’s competitiveness at a global level while helping SMEs recover from losses and regain confidence.
The talking points of the President of FIEO A. Sakthivel with the Commerce Minister are detailed at
FIEO looks for fiscal and non-fiscal support from FM
June 12th, 2009Author : Biz2Credit Advisor
Finance Ministry asks RBIs to increase mandatory small business lending limits
February 18th, 2009Author : Biz2Credit Advisor
On behalf of several small business associations and industry players, the Finance Ministry has asked the RBIs to increase the mandatory lending limit to micro, small and medium enterprises in India from 12 percent to 15 percent.
Earlier the RBI had asked public sector banks to increase credit flow to the small business sector.
