https://www.financialexpress.com/business/sme-g20-paper-by-world-bank-msme-credit-issue-can-be-addressed-by-digital-public-infrastructure-heres-how-3237197/ Clipped from: https://www.financialexpress.com/business/sme-g20-paper-by-world-bank-msme-credit-issue-can-be-addressed-by-digital-public-infrastructure-heres-how-3237197/ “MSMEs are a critical component of most economies, accounting for a significant portion of employment and economic activity. However, MSMEs often face
Category: MSME-Startup
👍👍👍👍👍G20 platform for financial inclusion GPFI says MSME finance a priority area for next three years | The Financial Express
https://www.financialexpress.com/business/sme-g20-platform-for-financial-inclusion-gpfi-says-msme-finance-a-priority-area-for-next-three-years-3237357/ Clipped from: https://www.financialexpress.com/business/sme-g20-platform-for-financial-inclusion-gpfi-says-msme-finance-a-priority-area-for-next-three-years-3237357/ According to the G20 Financial Inclusion Action Plan (FIAP) by GPFI released on September 7, “MSME finance, interpreted as improving MSMEs’ access
MSMEs can drive India’s digital push – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/msmes-can-drive-indias-digital-push/article67286157.ece Clipped from: https://www.thehindubusinessline.com/opinion/msmes-can-drive-indias-digital-push/article67286157.ece However, WTO’s tariff moratorium on digital transmission must continue for the countries of the Global South, such as India, to become major
Dream run at SME platform needs some moderation – The Hindu BusinessLine
https://www.thehindubusinessline.com/markets/dream-run-at-sme-platform-needs-some-moderation/article67285897.ece Clipped from: https://www.thehindubusinessline.com/markets/dream-run-at-sme-platform-needs-some-moderation/article67285897.ece Time to tweak lot size to keep euphoria under check Small is attractive. But in stock market, it appears very small is even
Sachetisation of MSME Loans: A game-changer for Indian MSMEs? | The Financial Express
https://www.financialexpress.com/business/sme-sachetisation-of-msme-loans-a-game-changer-for-indian-msmes-3200233/ Clipped from: https://www.financialexpress.com/business/sme-sachetisation-of-msme-loans-a-game-changer-for-indian-msmes-3200233/ In the context of MSMEs, sachetisation of MSME loans allows these enterprises to access credit in smaller amounts that are tailored to
Punjab National Bank launches GST Sahay App for invoice-based MSME loans up to Rs 2 lakh | The Financial Express
https://www.financialexpress.com/business/sme-punjab-national-bank-launches-gst-sahay-app-for-invoice-based-msme-loans-up-to-rs-2-lakh-3227651/ Clipped from: https://www.financialexpress.com/business/sme-punjab-national-bank-launches-gst-sahay-app-for-invoice-based-msme-loans-up-to-rs-2-lakh-3227651/ Through the app, all GST-registered MSMEs having an active account with PNB will be able to access the bank’s GST Sahay service
Banking for the unbanked – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/banking-for-the-unbanked/article67282269.ece Clipped from: https://www.thehindubusinessline.com/opinion/banking-for-the-unbanked/article67282269.ece Jan Dhan Yojana has reduced the rural-urban gap The 2011 Census had thrown startling results: of the 25 crore households that India
56% of new internet users to be from rural India by 2025: report – The Hindu BusinessLine
https://www.thehindubusinessline.com/news/56-of-new-internet-users-to-be-from-rural-india-by-2025-report/article67282295.ece Clipped from: https://www.thehindubusinessline.com/news/56-of-new-internet-users-to-be-from-rural-india-by-2025-report/article67282295.ece The country is at the top spot in terms of a unique identity programme, with 130 crore people enrolled under Aadhaar, says
Udyam registration for MSMEs: Govt’s portal crosses 2.5 crore milestone; check details | The Financial Express
https://www.financialexpress.com/business/sme-formalising-msmes-new-milestone-achieved-this-many-msmes-registered-on-udyam-so-far-check-details-3231244/ Clipped from: https://www.financialexpress.com/business/sme-formalising-msmes-new-milestone-achieved-this-many-msmes-registered-on-udyam-so-far-check-details-3231244/ The total employment reported by 1.89 crore units (excluding UAP-based registrations) was 13.52 crore, as of September 3, 2023, with 1.38 crore
👍Enhancing MSME Growth through Risk Reduction: Introducing Credit Scoring in the Trade Credit Sector | The Financial Express
https://www.financialexpress.com/business/sme-enhancing-msme-growth-through-risk-reduction-introducing-credit-scoring-in-the-trade-credit-sector-3231241/ Clipped from: https://www.financialexpress.com/business/sme-enhancing-msme-growth-through-risk-reduction-introducing-credit-scoring-in-the-trade-credit-sector-3231241/ Using credit scores to provide loans has become quite a common phenomenon in the lending sector. It enabled banks to process loans
GeM’s provision of penal interest on delayed payments to be fully functional from September end | The Financial Express
https://www.financialexpress.com/business/sme-gems-provision-of-penal-interest-on-delayed-payments-to-be-fully-functional-from-september-end-3233318/ Clipped from: https://www.financialexpress.com/business/sme-gems-provision-of-penal-interest-on-delayed-payments-to-be-fully-functional-from-september-end-3233318/ In 2020, the government decided to levy a 1 per cent penalty on government departments and agencies for delayed payments to vendors
👍👍👍👍👍PayNearby, Grameen Foundation partner to upskill 1.5 lakh business correspondents in rural areas | The Financial Express
https://www.financialexpress.com/business/sme-paynearby-grameen-foundation-partner-to-upskill-1-5-lakh-women-in-rural-areas-as-business-correspondents-3232193/ Clipped from: https://www.financialexpress.com/business/sme-paynearby-grameen-foundation-partner-to-upskill-1-5-lakh-women-in-rural-areas-as-business-correspondents-3232193/ The collaboration will launch a two-year pan-India project ‘Scaling Agent Viability and Quality in India’ supported by the Bill and Melinda Gates
How RBI’s frictionless credit project will help borrowers – The Hindu BusinessLine
https://www.thehindubusinessline.com/blexplainer/how-rbis-frictionless-credit-project-will-help-borrowers/article67228230.ece Clipped from: https://www.thehindubusinessline.com/blexplainer/how-rbis-frictionless-credit-project-will-help-borrowers/article67228230.ece The digital platform can help significantly reduce the turnaround time, which would lead to better operational efficiency What is the public tech
Credit demand of digitised SMEs to cross $570b in 5 years, says report – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/credit-demand-of-digitised-smes-to-cross-570b-in-5-years-says-report/article67231258.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/credit-demand-of-digitised-smes-to-cross-570b-in-5-years-says-report/article67231258.ece According to a report by Redseer and GetVantage, out of the $220 billion credit demand, only $165 billion is being fulfilled In
India has moved from red tape to red carpet in last 9 yrs: PM Modi at G20
https://www.business-standard.com/india-news/india-has-moved-from-red-tape-to-red-carpet-in-last-9-yrs-pm-modi-at-g20-123082400220_1.html Clipped from: https://www.business-standard.com/india-news/india-has-moved-from-red-tape-to-red-carpet-in-last-9-yrs-pm-modi-at-g20-123082400220_1.html Prime Minister Narendra Modi on Thursday said India has moved from “red tape” to “red carpet” and has enabled unfettered Foreign Direct
Here’s everything ONDC can do for MSMEs to succeed via open e-commerce | The Financial Express
https://www.financialexpress.com/business/sme-explained-heres-everything-ondc-can-do-for-msmes-to-succeed-via-open-e-commerce-3228716/ Clipped from: https://www.financialexpress.com/business/sme-explained-heres-everything-ondc-can-do-for-msmes-to-succeed-via-open-e-commerce-3228716/ The increased adoption of ONDC in tier two and three cities and rural areas will open newer segments for banks and also
Amazon partners with India Post, Indian Railways to support MSME sellers; launches AI assistant for sellers | The Financial Express
https://www.financialexpress.com/business/sme-amazon-partners-with-india-post-indian-railways-to-support-msme-sellers-launches-ai-assistant-for-sellers-3228900/ Clipped from: https://www.financialexpress.com/business/sme-amazon-partners-with-india-post-indian-railways-to-support-msme-sellers-launches-ai-assistant-for-sellers-3228900/ “We had recently announced an incremental investment of $15 billion in India across all our businesses by 2030 and will continue to
👍👍👍👍👍The Alternative Board forays into Tamil Nadu, sets sight on SMEs
https://www.business-standard.com/companies/news/the-alternative-board-forays-into-tamil-nadu-sets-sight-on-smes-123090100669_1.html Clipped from: https://www.business-standard.com/companies/news/the-alternative-board-forays-into-tamil-nadu-sets-sight-on-smes-123090100669_1.html Ramas Krishnan, managing partner of TAB India, said, “We began TAB India operations in Mumbai Listen to This Article The Alternative Board
👍👍👍👍👍👍👍MSME Registration: Process and Benefits
https://taxguru.in/corporate-law/msme-registration-process-benefits.html Clipped from: https://taxguru.in/corporate-law/msme-registration-process-benefits.html MSME Registration: Everything You Need to Know MSME stands for Micro, Small and Medium Enterprises. They are the backbone of the Indian
👍👍👍👍👍Here’s everything ONDC can do for MSMEs to succeed via open e-commerce | The Financial Express
https://www.financialexpress.com/business/sme-explained-heres-everything-ondc-can-do-for-msmes-to-succeed-via-open-e-commerce-3228716/ lipped from: https://www.financialexpress.com/business/sme-explained-heres-everything-ondc-can-do-for-msmes-to-succeed-via-open-e-commerce-3228716/ The increased adoption of ONDC in tier two and three cities and rural areas will open newer segments for banks and also
