Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2010-04-07

“MSME should be excluded from base rate regime”

The Associated Chambers of Commerce and Industry urged the central bank to keep the micro, small and medium enterprise (MSME) sector outside its proposed base rate regime, which will be the new benchm

The Associated Chambers of Commerce and Industry urged the central bank to keep the micro, small and medium enterprise (MSME) sector outside its proposed base rate regime, which will be the new benchmark lending rate for banks from July 1.

 

By doing so the access of this sector to liquidity will be ensured at relaxed rates and hence maintain the competitiveness of the sector.

 

ASSOCHAM has also proposed that the present criteria of investment in plant and machinery to determine status of micro, small and medium enterprises be raised to Rs 50 lakh, Rs 7.5 crore and Rs15 crore respectively, for manufacturing sector.

Related opportunities
  • About Country Club Fitness:- Country Club Fitness centre, the best fitness..
    Locations looking for expansion Telangana
    Establishment year 2012
    Franchising Launch Date 2016
    Investment size Rs. 30lac - 50lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Hyderabad Telangana
  • Preschools
    Run your own preschool & provide quality education by joining..
    Locations looking for expansion Tamil Nadu
    Establishment year 2000
    Franchising Launch Date 2015
    Investment size Rs. 50 K - 2lac
    Space required 1200 - 1400 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • Travel Agents
    Travel café is one of the leading travel companies in..
    Locations looking for expansion Rajasthan
    Establishment year 2000
    Franchising Launch Date 2015
    Investment size Rs. 2lac - 5lac
    Space required 150 - 300 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Jaipur Rajasthan
  • Bakery & Confectionary
    About:Founded by mother daughter duo Tabassum and Sheeba Hasan, in..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 300 - 900 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities