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

👍👍👍👍👍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

Central Bank of India ties up with SFISPL to offer agriculture and MSME loans, widens portfolio | The Financial Express

https://www.financialexpress.com/business/industry-central-bank-of-india-ties-up-with-sfispl-to-offer-agriculture-and-msme-loans-widens-portfolio-3227216/ Clipped from: https://www.financialexpress.com/business/industry-central-bank-of-india-ties-up-with-sfispl-to-offer-agriculture-and-msme-loans-widens-portfolio-3227216/ “The participation by both the entities in this co-lending arrangement will result in greater expansion of portfolio by Central Bank of India

👍All for small: The Hindu Editorial on focus on the small enterprises  – The Hindu

https://www.thehindu.com/opinion/editorial/all-for-small-the-hindu-editorial-on-focus-on-the-small-enterprises/article67248687.ece lipped from: https://www.thehindu.com/opinion/editorial/all-for-small-the-hindu-editorial-on-focus-on-the-small-enterprises/article67248687.ece India’s push for small businesses at the G-20 trade summit must be pursued  Trade and investment Ministers of the G-20 nations, representing

Start ups 2.0 – The Hindu BusinessLine

https://www.thehindubusinessline.com/opinion/editorial/focus-on-profitability-and-transparency-will-help/article67248580.ece Clipped from: https://www.thehindubusinessline.com/opinion/editorial/focus-on-profitability-and-transparency-will-help/article67248580.ece Focus on profitability and transparency will help The Indian start-up ecosystem, which underwent an exhilarating phase in 2021 when private equity and

Start-up sisters wait to be funded, feted – The Hindu BusinessLine

https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/start-up-sisters-wait-to-be-funded-feted/article67241232.ece Clipped from: https://www.thehindubusinessline.com/specials/emerging-entrepreneurs/start-up-sisters-wait-to-be-funded-feted/article67241232.ece Women founders remain a minuscule few in India, battling everything from perception to lack of financial muscle Enterprising edge: (Clockwise from top

👍‘The solution to rural prosperity is entrepreneurship at scale’ | The Financial Express

https://www.financialexpress.com/business/sme-msme-eodb-the-solution-to-rural-prosperity-is-entrepreneurship-at-scale-3161011/ Clipped from: https://www.financialexpress.com/business/sme-msme-eodb-the-solution-to-rural-prosperity-is-entrepreneurship-at-scale-3161011/ Ease of doing business for MSMEs: The lever to create jobs lies in mass entrepreneurship or widespread entrepreneurship. It means the growth

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