Clipped from: https://www.thehindubusinessline.com/economy/delayed-payments-lack-of-formal-financing-in-msmes-affect-job-creation/article66576684.ece Issue can only be tackled over time by maintaining constant pressure, says Chief Economic Advisor to Govt The impact of delayed payments and
Category: MSME-Startup
👍👍👍👍👍Fixing delayed payments to micro, small enterprises – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/fixing-delayed-payments-to-micro-small-enterprises/article66573070.ece Interconnections between GSTN, IT and Udyam Registration portals should help ease payment issues faced by micro and small units Many firms are harmed
Cash flow-based lending, credit scores, TReDS, online dispute resolution can solve MSMEs’ payment issue: Report | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-cash-flow-based-lending-credit-scores-treds-online-dispute-resolution-can-solve-msmes-payment-issue-report/2997855/ Credit and finance for MSMEs: “The government has been focusing on MSMEs since 2014 and hopefully over time, through some of the legislative
Top cybersecurity trends small businesses should be paying attention to this year | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-top-cybersecurity-trends-small-businesses-should-be-paying-attention-to-this-year/2985237/ Technology for MSMEs: For large organisations, cyber attacks may cost them their reputation as well as business to some extent. But, for smaller
MSMEs’ 45% export share includes contribution of large units too: DGFT’s Prafulla Chandra Mishra | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-msmes-45-export-share-includes-contribution-of-large-units-too-dgfts-prafulla-chandra-mishra/2996633/ Trade, import and export for MSMEs: India is currently targeting around $760 billion in overall exports in FY23, up from the historic high of
Account aggregators can rescue MSMEs | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/account-aggregators-can-rescue-msmes-1195342.html Adoption of the AA ecosystem enables shifting away from the traditional asset-based lending approach to a cash-flow based approach Representative image. Credit: iStock
👍👍👍Retailers, wholesalers top MSME registrations on Udyam portal: Govt data | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-retailers-wholesalers-top-msme-registrations-on-udyam-portal-govt-data/2985923/ Ease of doing business for MSMEs: Retail and wholesale trades were added to the MSME definition for priority sector lending benefits from banks.
🙏🙏🙏*No growth for 72% of MSMEs in 5 years: Survey–Courtesy Financial Express 16.2.23
https://www.financialexpress.com/industry/sme/no-growth-for-72-of-msmes-in-5-years-survey/2982667/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/gqeJqqG1N1BwH7Yr9
Defence ministry top buyer of MSME goods in 2022: GeM | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-defence-ministry-top-buyer-of-msme-goods-in-2022-gem/2963266/ Ease of doing business for MSMEs: “Reaping the benefits of cost efficiency and speedy procurement, the ministry has purchased products and services worth
👍👍The critical role of skilling women entrepreneurs | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-skil-the-critical-role-of-skilling-women-entrepreneurs/2961542/ Skill, Labour, Talent for MSMEs: There are many programmes available for entrepreneurship training of rural women, however, there is a need to understand
Govt must navigate deftly to help MSMEs improve their scale, profitability, longevity | The Financial Express
Clipped from: https://www.financialexpress.com/budget/msme-eodb-budget-2023-govt-must-navigate-deftly-to-help-msmes-improve-their-scale-profitability-longevity-2960359/ Ease of doing business for MSMEs: “The government in the budget needs to accelerate the scope, expanse, and pace of execution of key
How Budget can help increase MSMEs’ contribution to global trade – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-budget-can-help-increase-msmes-contribution-to-global-trade/articleshow/97391978.cms Synopsis The world is now looking at India as a hot investment destination, especially in manufacturing and production–the twin pillars for trade and
👍👍👍CGTMSE needs to be urgently revamped: SBI report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cgtmse-needs-to-be-urgently-revamped-sbi-report/article66422841.ece The ERD suggested reduction or phase-out of the Annual Guarantee / Service fees to 0.50 per cent of the loan amount across all the slabs
ECLGS prevented Rs 2.2-trn MSME loans from turning into bad loans: SBI report | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/eclgs-prevented-rs-2-2-trn-msme-loans-from-turning-into-bad-loans-sbi-report/2957922/ In its report a year ago, SBI Research had estimated that MSME loan accounts worth Rs 1.8 trillion (14% of such outstanding advances)
Women-owned entrepreneurs form ‘only 20%’ of MSME businesses: Joint Secy MSME – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/women-owned-entrepreneurs-form-only-20-of-msme-businesses-joint-secy-msme/articleshow/97250517.cms Synopsis One of the biggest barriers for women-led enterprises is significant challenges in the marketplace. New Delhi: National level livelihood promoting organisation ACCESS
Budget 2023: From ‘jailed for doing business’ to ‘total harassment’ by banks, entrepreneurs seek an end to hostilities – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/budget-2023-from-jailed-for-doing-business-to-total-harassment-by-banks-entrepreneurs-seek-an-end-to-hostilities/articleshow/97160055.cms Synopsis India may have taken considerable strides in ease of doing business, but it needs to do much more. The Budget can be
👍CAD, Green Hydrogen & growth are top 3 objectives of FM this Budget – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/market-moguls/cad-green-hydrogen-growth-are-top-3-objectives-of-fm-in-budget-2023-anita-gandhi/articleshow/96984400.cms Synopsis This will lead to weaker exports for some more time. India’s CAD rose to 9 years’ high of 4.4% of GDP in
2023 MSME Outlook: 10 major developments in the new year small businesses cannot ignore | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-2023-10-major-developments-in-the-new-year-msmes-cannot-ignore/2926723/ Ease of doing business for MSMEs: Here’s what 2023 would mean for MSMEs from policy perspective as a number of developments in the
Merchant credit card for MSME traders soon | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/merchant-credit-card-for-msme-traders-soon/2936980/ The VCC, as proposed by Sidbi, promises features, including interest-free credit for 20-50 days and Mudra loan facility. The move was aimed at
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