Clipped from: https://economictimes.indiatimes.com/industry/services/retail/rural-development-ministry-ties-up-with-flipkart-to-sell-products-made-by-artisans/articleshow/87490167.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Under the mission, poor women from different cross-sections of class and caste form into SHGs and their federations, providing financial, economic and social
Category: MSME-Startup
Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/small-medium-issue-economic-recovery-gaining-steam-but-low-income-groups-demand-msmes-are-concerns/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
$158 billion finance gap for India’s 15M women MSMEs, 66% don’t have bank account: IFC’s Qamar Saleem – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/158-billion-finance-gap-for-indias-15m-women-msmes-66-dont-have-bank-account-ifcs-qamar-saleem/2357938/ Credit and Finance for MSMEs: The finance gap is largest for the women-owned ‘very small enterprises’ (WVSE) segment in India, which according to
More hype than actual impact | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/mudra-more-hype-than-actual-impact-1046109.html The government is still in the same excitement as it believes and maintains that PMMY (Pradhan Mantri MUDRA Yojana) has been a tremendous
Small, medium issue: Economic recovery gaining steam. But low-income groups’ demand & MSMEs are concerns
Clipped from: https://timesofindia.indiatimes.com/blogs/toi-editorials/small-medium-issue-economic-recovery-gaining-steam-but-low-income-groups-demand-msmes-are-concerns/TOI Edit Times of India’s Edit Page team comprises senior journalists with wide-ranging interests who debate and opine on the news and issues of
Why gold loans continue to glitter in these trying times – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/why-gold-loans-continue-to-glitter-in-these-trying-times/article37268187.ece?homepage=true As economy unlocks, micro enterprises, individuals are turning to gold loans for working capital, personal needs Gold accounts for a large proportion of
How to make MSMEs credit ready through supply chain financing – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/how-to-make-msmes-credit-ready-through-supply-chain-financing/articleshow/87388836.cmsSynopsis Over 70% of the funds needed by small business is in the form of working capital. The current set of loan products offered
Banks must not turn away MSMEs – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/banks-must-not-turn-away-msmes/2358986/ Having run up crores of rupees of corporate NPAs, they can’t afford to be coy about small units Crisil said recently it expects
‘Mandatorily participate in TReDS platform for settling bills’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/mandatorily-participate-in-treds-platform-for-settling-bills/article37224899.ece?homepage=true TN govt directs all its PSUs, municipal corporations and apex co-op to join the platform for settling bills of their MSME suppliers Tamil
Why Covid-hit MSME sector is prophesied to boost economy towards $5 trillion goal by FY25 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-why-covid-hit-msme-sector-is-prophesied-to-boost-economy-towards-5-trillion-goal-by-fy25/2347511/ Ease of Doing Business for MSMEs: Indian SMEs account for 80 per cent of the country’s enterprises, creating over 8,000 different value-added products,
PayPal, IIFT to help MSME exporters tap into cross-border trade opportunity with training, support – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-exim-paypal-iift-to-help-msme-exporters-tap-into-cross-border-trade-opportunity-with-training-support/2349333/ Trade, imports, exports for MSMEs: IDTFF will particularly look at challenges around exports faced by small exporters and share ideas for possible solutions.
Credit for MSMEs: 5 key schemes beyond ECLGS, CGTMSE meant to ease small businesses’ capital woes – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-credit-for-msmes-5-key-schemes-beyond-eclgs-cgtmse-meant-to-ease-small-businesses-capital-woes/2349482/ Credit and Finance for MSMEs: In the past two decades or more, the government had rolled out dozens of credit schemes of different
Small businesses facing huge setbacks from blocked shipments, price hikes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/small-businesses-facing-huge-setbacks-from-blocked-shipments-price-hikes/articleshow/87011776.cmsSynopsis Between factory closures due to the coronavirus, an explosion in demand for certain products such as bicycles and computers, and personnel shortages at
Amazon rigged search results to promote its own products in India: Report | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/amazon-rigged-search-results-to-promote-its-own-products-in-india-report-121101300923_1.html Thousands of pages of internal Amazon documents examined by Reuters show the company ran a systematic campaign of creating knockoffs and manipulating search
Cartelisation: Competition Commission directs 8 MSMEs to cease, desist from unfair biz practices – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/cartelisation-competition-commission-directs-8-msmes-to-cease-desist-from-unfair-biz-practices/articleshow/86967897.cmsSynopsis The case, which pertained to the supply of axle bearings to Eastern Railway, was taken up by the regulator on the basis of
SIDBI’s 59-min loan scheme sees this much growth in loans sanctioned to MSMEs in over 12 months | The Financial Express
lipped from: https://www.financialexpress.com/industry/sme/msme-fin-in-little-over-12-months-sidbis-59-min-msme-loan-scheme-logged-this-much-growth-in-loans-sanctioned/2347441/ Credit and Finance for MSMEs: Loans disbursed grew 11 per cent from 1,96,473 loan applications involving Rs 54,545 crores as of August 31,
MSME: Udyam portal completes 5 million registrations: MSME Secy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/udyam-portal-completes-5-million-registrations-msme-secy/articleshow/86829768.cmsSynopsis The objective of the portal is to provide a single-page registration, consume less time and simplify processes of registering any enterprise as a
MSMEs may soon get exemption from mandatory statutory audit; NFRA seeks suggestions on proposed move – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-nfra-seeks-suggestions-on-whether-msmes-should-be-exempted-from-mandatory-statutory-audit-to-ease-compliance-burden/2341360/ Ease of Doing Business for MSMEs: NFRA said that the regulations relating to financial reporting and auditing ‘should not impose undue burden and
BSE receives in-principle approval from RBI for TReDS business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/bse-receives-in-principle-approval-from-rbi-for-treds-business/articleshow/86780182.cmsSynopsis The TReDS platform will bring all the aforesaid participants together for facilitating uploading, accepting, discounting, trading and settlement of the invoices, bills of
Jupitice launches digital court to resolve disputes in MSME sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/jupitice-launches-digital-court-to-resolve-disputes-in-msme-sector/articleshow/86751237.cmsSynopsis The AI-driven platform will resolve disputes that include civil, commercial, personal, consumers under the Private Justice System. NEW DELHI: India digital court, developed by Jupitice Justice