Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-smes-medium-sized-retailers-struggle-to-fully-get-in-sync-with-services-of-payment-aggregators/2600785/ Credit and finance for MSMEs: Payment service providers (PSPs) can help them grow their businesses by offering a cost-effective platform to accommodate multiple
Category: MSME-Startup
*******MSME registrations on govt’s Udyam portal near 1-crore milestone in 2 years | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msme-registrations-on-govts-udyam-portal-near-1-crore-milestone-in-2-years/2597989/ Ease of Doing Business for MSMEs: Aadhaar number-based registration on the Udyam portal is free, paperless, and based on self-declaration. PAN and GST
*****Unseen bias causes loan applications by women entrepreneurs to be delayed or rejected more often’ | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-unseen-bias-causes-loan-applications-by-women-entrepreneurs-to-be-delayed-or-rejected-more-often/2598063/ Credit and Finance for MSMEs: The government needs to increase the funding being directed toward women entrepreneurs. If the loans can be granted
Digital lenders: Towards inclusion of MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/digital-lenders-towards-inclusion-of-msmes/article65651447.ece MSME focussed digital lenders have brought inclusion and formalisation of credit by providing widespread access to information India is now a country of
‘Account Aggregator framework is a boon to SMBs as lenders won’t be able to store, analyse, sell financial info’ | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-account-aggregator-framework-is-a-boon-to-smbs-as-lenders-wont-be-able-to-store-analyse-sell-financial-info/2584155/ Credit and Finance for MSMEs: With the AA framework in place, India’s financial ecosystem will see a complete transformation. It will do to
MSME News: MSMEs bounce back with normalising repayments: SIDBI MD Sivasubramanian Ramann – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-bounce-back-with-normalising-repayments-sidbi-md-sivasubramanian-ramann/articleshow/92881202.cms Small Industries Development Bank of India (SIDBI), the biggest lender in the vital SME segment, believes the damage to the financial system would be
How MSMEs can achieve sustainable growth in the ‘RRR’ space | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-green-how-msmes-can-achieve-sustainable-growth-in-the-rrr-space/2586837/ Sustainability for MSMEs: Climate change, energy shortage, employment generation, the problem of inequities, rising e-waste problem are some of the raging concerns of
Need to link small and large businesses – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/need-to-link-small-and-large-businesses/article65632474.ece By supplying large firms with ‘intermediate products’, small units play a key role in manufacturing sector’s growth The share of the manufacturing sector
Data Drive: Credit support to MSMEs | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/data-drive-credit-support-to-msmes/2589317/ Loans amounting to Rs 3.32 trillion were sanctioned under the scheme, and till April 30, 2022, Rs 2.54 trillion had been disbursed. Private
*****How electronics sector can be the next big thing for India MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-electronics-sector-can-be-the-next-big-thing-for-india-msmes/articleshow/92738844.cms Synopsis We need to start indigenizing fast to achieve Atmanirbharta in electronics. India has a target of $400 billion electronic production by 2025,
*Why SMEs are looking at Intra-Asia trade – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/why-smes-are-looking-at-intra-asia-trade/articleshow/92761879.cms Synopsis With significant diversity of our people and cultures, our region has successfully built a close-knit economy sharply focused on international business opportunities.
*******Delayed payments for small firms stifle economic growth | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/editorials/delayed-payments-for-small-firms-stifle-economic-growth-8018047/ For every day that a payment is delayed for credit-starved MSMEs, there is an erosion of value. If this issue is not addressed
‘Regulatory intervention a must for building risk management capabilities in small businesses’ | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-regulatory-intervention-a-must-for-building-risk-management-capabilities-in-small-businesses/2581211/ Ease of Doing Business for MSMEs: MSMEs must be ready to address strategic and operational risks, financial risks, insurance risks, project risks, engineering
*******Account Aggregator framework is a boon to SMBs as lenders won’t be able to store, analyse, sell financial info’ | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-account-aggregator-framework-is-a-boon-to-smbs-as-lenders-wont-be-able-to-store-analyse-sell-financial-info/2584155/ Credit and Finance for MSMEs: With the AA framework in place, India’s financial ecosystem will see a complete transformation. It will do to
How Meeshoo helped 5 lakh small businesses go online; targets breakeven early next year – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/how-meeshoo-helped-5-lakh-small-businesses-go-online-targets-breakeven-early-next-year/article65579436.ece ‘The move to waive compulsory GST registration will be a tailwind, making millions of small businesses come online’ Meesho, an e-commerce platform that
*Why do small businesses need insurance urgently? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/why-do-small-businesses-need-insurance-urgently/articleshow/92611894.cms Synopsis Lack of awareness, coupled with thin margins, makes insurance a low priority, and business owners often neglect insurances the law does not
Govt ready for key policy changes to encourage small entrepreneurs: PM Modi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/india/govt-ready-for-key-policy-changes-to-encourage-small-entrepreneurs-pm-modi/articleshow/92582694.cms Synopsis The Centre has increased the budget by more than 650% in the last eight years to strengthen the MSME sector, Modi said.
Surat’s textile hub consolidated as small players failed to survive GST | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/surat-s-textile-hub-consolidated-as-small-players-failed-to-survive-gst-122062900849_1.html This ground report from the diamond city captures the travails of small-scale units A big blow to the industry in the first year
Small traders to gain in GST relief for e-commerce sellers, transport | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/small-traders-to-gain-in-gst-relief-for-e-commerce-sellers-transport-122062901384_1.html For the transport sector, the council lowered GST to 5 per cent from 18 per cent on ropeways, renting of goods carriage, including
MSME can generate more profits from e-commerce, says MoS Verma | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-can-generate-more-profits-from-e-commerce-says-mos-verma/2574445/ The minister at the event also launched a report on the India D2C market compiled by Praxis in association with Shiprocket and CII.
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