https://www.financialexpress.com/business/sme-extend-msme-lean-scheme-to-services-sector-to-optimize-business-efficiency-minimize-waste-white-paper-3220022/ Clipped from: https://www.financialexpress.com/business/sme-extend-msme-lean-scheme-to-services-sector-to-optimize-business-efficiency-minimize-waste-white-paper-3220022/ The revamped MSME Competitive (LEAN) scheme was introduced by the government in March this year to make handholding and consulting more affordable
Category: MSME-Startup
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
Indian MSMEs to propel $50-bn e-tail sales, create 35 mn jobs by 2027: Report – The Hindu BusinessLine
https://www.thehindubusinessline.com/companies/indian-msmes-to-propel-50-bn-e-tail-sales-create-35-mn-jobs-by-2027-report/article67226048.ece Clipped from: https://www.thehindubusinessline.com/companies/indian-msmes-to-propel-50-bn-e-tail-sales-create-35-mn-jobs-by-2027-report/article67226048.ece ‘MSMEs poised to account for 65–75 per cent of India’s $1.4-trillion e-tail market’ Micro, small, and medium enterprises (MSMEs) are projected to
How skilled are we? – The Hindu BusinessLine
https://www.thehindubusinessline.com/opinion/how-skilled-are-we/article67224286.ece Clipped from: https://www.thehindubusinessline.com/opinion/how-skilled-are-we/article67224286.ece Despite govt schemes, there’s still a long way to go Given the shortage of skilled manpower in the country, the Prime Minister
Rs 430 cr loans to 2,600 women-owned MSMEs disbursed in FY23 by MSME lender NeoGrowth
https://www.financialexpress.com/industry/sme/rs-430-cr-loans-to-2600-women-owned-msmes-disbursed-in-fy23-by-msme-lender-neogrowth/3213267/ Loans for women entrepreneurs: Over 2,600 women-owned MSMEs availed Rs 430 crore loans accounting for 24 per cent of overall Rs 1,900 crore loans disbursed
Cricketer Hardik Pandya, angel investors put $550k in kids footwear startup Aretto | The Financial Express
https://www.financialexpress.com/industry/sme/cricketer-hardik-pandya-angel-investors-put-550k-in-kids-footwear-startup-aretto/3214490/ Clipped from: https://www.financialexpress.com/industry/sme/cricketer-hardik-pandya-angel-investors-put-550k-in-kids-footwear-startup-aretto/3214490/ Aretto holds a utility patent from the Indian Patent Office for its sole technology that allows Aretto shoes to expand up to
‘MSME Helpdesk’ will ensure sustainability of new ventures in Kochi: Minister Rajeev – The Hindu BusinessLine
https://www.thehindubusinessline.com/economy/msme-helpdesk-will-ensure-sustainability-of-new-ventures-in-kochi-minister-rajeev/article67215802.ece The ‘MSME Helpdesk’ provides expert assistance on various aspects, including taxation, loans, and fostering entrepreneurship Minister for Industries P. Rajeev speaks at the State-level inauguration
Axis Bank goes live on RBI’s Public Tech Platform for Frictionless Credit to offer MSME loans, Kisan Credit Card
https://www.financialexpress.com/industry/sme/axis-bank-goes-live-on-rbis-public-tech-platform-for-frictionless-credit-to-offer-msme-loans-kisan-credit-card/3213722/ Unsecured loans for MSMEs: Private sector lender Axis Bank on Thursday announced offering up to Rs 10 lakh unsecured MSME loans and Kisan Credit Card
MSME jobs cross 13-crore mark; this many women employed so far
https://www.financialexpress.com/industry/sme/msme-jobs-cross-13-crore-mark-this-many-women-employed-so-far/3213989/ Employment by MSMEs: The MSME sector has crossed the figure of 13 crore jobs generation including more than 3 crore women workers, said MSME Minister
Fitch warns rapid growth in unsecured retail credit needs management
https://www.business-standard.com/economy/news/fitch-warns-rapid-growth-in-unsecured-retail-credit-needs-management-123081600580_1.html Global rating agency Fitch on Wednesday warned that rapid loan growth, especially in unsecured retail credit, needs careful management to avoid a spike in
Unlocking operational efficiency of MSMEs: The power of increased credit access
https://www.financialexpress.com/industry/sme/unlocking-operational-efficiency-of-msmes-the-power-of-increased-credit-access/3207689/ By Jayanth Murthy Credit access to MSMEs: In today’s rapidly evolving business landscape, micro, small, and medium-sized enterprises (MSMEs) face numerous challenges that hinder their
Will push for dispute resolution via Mediation centres to reduce MSME litigation cost
Litigation challenge for MSMEs: The Mediation Bill passed by Lok Sabha and Rajya Sabha during the monsoon session of the Parliament will reduce the cost of
Centre directs banks to work in tandem on loans scheme for street vendors
https://www.business-standard.com/india-news/centre-directs-banks-to-work-in-tandem-on-loans-scheme-for-street-vendors-123081200564_1.html Union MoS for Finance Bhagwat K Karad on Saturday asked banks and civic bodies to work in collaboration with each other to achieve the
7 steps taken by govt to prevent delay in payments, highlights MoS MSME Ministry
https://www.financialexpress.com/industry/sme/msme-dues-7-steps-taken-by-govt-to-prevent-delay-in-payments-highlights-mos-msme-ministry/3207521/ MSME delayed payments: Late clearance of payments to MSMEs by their government buyers including central ministries, departments, public sector units, and others against goods and
How successful is govt’s MSME grievance redressal portal Champions?
https://www.financialexpress.com/industry/sme/how-successful-is-govts-msme-grievance-redressal-portal-champions-check-details/3207558/ The MSME ministry’s single-window grievance redressal portal Champions launched for MSMEs in June 2020 received 68,617 grievances from MSMEs till July 31, of which
Mediation Bill to reduce cost and supply chain disruptions for MSMEs: Minister of Law & Justice
https://www.thehindubusinessline.com/news/mediation-bill-to-reduce-cost-and-supply-chain-disruptions-for-msmes-minister-of-law-justice/article67183826.ece Addressing the seminar on Reducing the Cost of Litigation for MSMEs organised by the Federation of Indian Micro and Small & Medium Enterprises on Thursday,
Banks cautious on lending to small businesses despite high demand, lower NPAs:
https://www.financialexpress.com/industry/sme/banks-cautious-on-lending-to-small-businesses-despite-high-demand-lower-npas-report/3207726/ Demand for loans from MSMEs grew 33 per cent in the January-March period of the previous fiscal (Q4, FY23) compared to the year-ago period,
