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.
Category: MSME-Startup
🙏🙏🙏*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
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
👍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
CAIT releases a five-point charter to protect the interest of domestic traders | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-cait-releases-a-five-point-charter-to-protect-the-interest-of-domestic-traders/2937008/?utm_source=sme_landing_page&utm_medium=article_listing_widget&utm_campaign=Tags Ease of Doing Business for MSMEs: The trade body called upon the Central Government to roll out the e-commerce policy and National Retail
Extend all MSME benefits to retail traders as well, retailers’ body RAI suggests govt | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-budget-2023-extend-all-msme-benefits-to-retail-traders-as-well-retailers-body-rai-suggests-govt/2937885/ Ease of doing business for MSMEs: According to RAI, the government should have a special focus on the retail sector for the long-term
NBFC lender Ambit Finvest acquires MSME business of fintech firm SME Corner | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-nbfc-lender-ambit-finvest-acquires-msme-business-of-fintech-firm-sme-corner/2938033/ Credit and Finance for MSMEs: Other than assets, Ambit Finvest would acquire 300 employees of the SME Corner and their proprietary online platform
Five areas for small businesses to look at for GST compliance | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-2023-five-areas-for-small-businesses-to-look-at-for-gst-compliances-in-the-new-year/2932650/ Ease of doing business for MSMEs: Recent changes in GST have indicated the government’s plans for 2023. The authorities are strict in revocation
What small businesses want from FM Sitharaman to address delayed payment issue | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-budget-2023-what-small-businesses-want-from-fm-sitharaman-to-address-delayed-payment-issue/2935221/ Credit and finance for MSMEs: In 2022, 31,192 delayed payment applications were filed by small businesses, of which only 1,056 were disposed. Facilitation
The stage is set for digital banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-stage-is-set-for-digital-banks/article66321746.ece MSMEs find it difficult to access formal credit. Digital banks can fill this vital gap, reducing delivery costs MSMEs need certainty in credit
Gadkari wants surety bond insurance, not bank guarantee for infra projects | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gadkari-wants-surety-bond-insurance-not-bank-guarantee-for-infra-projects-122121901200_1.html Launches country’s first surety bond product, says instrument offers relief to contractors; govt has built in safeguards to protect insurers as well More
Fintech app UpScale launches e-invoicing solution for SMEs | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-fintech-app-upscale-launches-e-invoicing-solution-for-smes/2919872/ Credit and finance for MSMEs: Nirav Choksi, Co-founder, and CEO at CredAble said the e-invoicing solution provides one-of-a-kind solutions to assist them (SMEs) in
Rising rates may pose risk to MSME loan portfolio | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/rising-rates-may-pose-risk-to-msme-loan-portfolio/2920015/ These comments come when a recent report from CRISIL Ratings indicated that around 43% of MSMEs would be unable to return to their