Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-lack-of-awareness-about-govts-credit-schemes-is-the-biggest-problem-among-msmes-experts/2444253/ Ease of Doing Business for MSMEs: “Often submitting loan application at a bank branch is also a big issue for MSMEs. PSB like
Category: MSME-Startup
Now MSME customers of this bank can manage expenses with credit card, get accidental insurance cover, more – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-now-msme-customers-of-this-bank-can-manage-expenses-with-credit-card-get-accidental-insurance-cover-more/2445822/ Credit and Finance for MSMEs: “With the newly launched credit card facility coupled with the regular working capital limits, MSMEs can reap the benefits of
MSMEs are economy’s backbone. But 99% are micro; here’s what experts say to scale them up – ScaleUp Summit: The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-eodb-the-scaleup-summit-msmes-are-economys-backbone-but-99-are-micro-heres-what-experts-say-to-scale-them/2444279/ Ease of Doing Business for MSMEs: The ScaleUp Summit tried finding answers to questions around scaling up of MSMEs from experts in the
MSMEs will survive if they are on digital platforms, part of global value chains: MSME Joint Secretary – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msmes-will-survive-if-they-are-on-digital-platforms-part-of-global-value-chains-msme-joint-secretary/2444208/ Ease of Doing Business for MSMEs: “It is not about what is being produced where, it is about the value addition we do
M1xchange eyes Rs. 30,000-cr business in FY23 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/m1xchange-eyes-rs-30000-cr-business-in-fy23/article65091230.ece Sundeep Mohindru, CEO, Mynd Solutions First invoice-basedtrade credit cover transaction likelyin April, says CEO M1xchange, a digital invoice discounting platform for Micro, Small
Look at ‘unskilled’ as ‘differently skilled’ – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/look-at-unskilled-as-differently-skilled/2440681/ The larger question to ponder is: Do many of our current jobs in the market really need any prior skilling at all? The
MSME Ministry releases 2021-22 annual report; expenditure on multiple schemes remains minuscule – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msme-ministry-releases-2021-22-annual-report-expenditure-on-multiple-schemes-remains-minuscule/2440274/ Ease of Doing Business for MSMEs: The annual report continued to cite data on the number of MSMEs in India from the National
Access to credible cash flow makes lending to SMEs very easy: SBI Chairman Dinesh Kumar Khara – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-access-to-credible-cash-flow-makes-lending-to-smes-very-easy-sbi-chairman-dinesh-kumar-khara/2440584/ Credit and Finance for MSMEs: “I’m confident because with the credible bureau scores we have, if we get access to credible cash flows,
MSME Sector: Highest capex allotment in Budget 2022 will fast-track MSME sector development – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/highest-capex-allotment-in-budget-2022-will-fast-track-msme-sector-development/articleshow/89715252.cms Synopsis The pandemic has stunted the growth of the economy because capital expenditure in the country, specially by the private sector, had been
Govt to create equity fund for start-ups with 20 pc limited partnership: MoS IT – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/govt-to-create-equity-fund-for-start-ups-with-20-pc-limited-partnership-mos-it/2438960/ “The finance minister has announced that there will be such a fund where the government will be a 20 per cent limited partner
TransUnion CIBIL partners with FICCI to help MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/transunion-cibil-partners-with-ficci-to-help-msmes/articleshow/89659899.cms Synopsis The program’s objective is to empower MSMEs with knowledge on how to build a good credit history and CIBIL Rank to avail
Govt releases draft MSME policy; proposes 8 ‘action areas’ to overhaul the sector – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-govt-releases-draft-msme-policy-proposes-8-action-areas-to-overhaul-the-sector/2435761/ Ease of Doing Business for MSMEs: The government has highlighted eight “specific action areas” to “build a vibrant eco-system for the rapid growth
Underspending on MSME schemes increased in 2020-21, shows govt data – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-underspending-on-msme-schemes-increased-in-2020-21-shows-govt-data/2433939/ Credit and Finance for MSMEs: Out of Rs 7,572.20 crore earmarked for the MSME Ministry in the Union Budget 2020-21, Rs 5,647.50 crore
Increasing MSMEs’ share in GDP to 40% by 2025 is a herculean task: AIMA – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-increasing-msmes-share-in-gdp-to-40-by-2025-is-a-herculean-task-aima/2413579/ Ease of Doing Business for MSMEs: Former MSME Minister Nitin Gadkari in 2020 had set a target of increasing MSMEs’ share in exports
Govt says ‘67% MSMEs were temporarily closed’ in FY21; industry insists blow much bigger -Covid fallout: The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/covid-fallout-govt-says-67-msmes-were-temporarily-closed-in-fy21-industry-insists-blow-much-bigger/articleshow/89493562.cms Synopsis Over 50% of the respondent units witnessed a decline of over 25% in their revenues in 2020-21. During FY21, 67% of MSMEs
What is govt’s Rs 6,000-cr plan with its RAMP programme for MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-in-depth-what-is-govts-rs-6000-crore-plan-with-its-ramp-programme-for-msmes/2430860/ Credit and Finance for MSMEs: The programme was launched on the basis of the recommendations from the UK Sinha Committee report in June
Over 26,000 ways an entrepreneur can land in jail for non-compliance of business laws – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/over-26000-ways-an-entrepreneur-can-land-in-jail-for-non-compliance-of-business-laws/article64999953.ece Five States have more than 1,000 imprisonment clauses in their business laws — Gujarat (1,469), Punjab (1,273), Maharashtra (1,210), Karnataka (1,175) and Tamil
Over 26,000 clauses that can put entrepreneurs in jail for non-compliance with business laws: Report – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-over-26000-clauses-that-can-put-entrepreneurs-in-jail-for-non-compliance-with-business-laws-report/2430450/ Ease of Doing Business for MSMEs: “This regulatory overreach impacts not just entrepreneurs running for-profits, but not-for-profit institutions as well. There is a
MSME credit: Now Amazon India sellers can get working capital loans from digital lender Lendingkart – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-credit-now-amazon-india-sellers-can-get-working-capital-loans-from-digital-lender-lendingkart/2428503/ Credit and Finance for MSMEs: In December last year, Amazon had announced crossing the 10-lakh seller mark in India. Importantly, more than 90
No study undertaken by govt to estimate current MSME credit gap: Narayan Rane – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-no-study-undertaken-by-govt-to-estimate-current-msme-credit-gap-narayan-rane/2427891/ Credit and Finance for MSMEs: According to the June 2019 report by the UK Sinha Committee constituted by the Reserve Bank of India
