Clipped from: https://www.businesstoday.in/opinion/columns/story/msme-credit-and-gold-loan-companies-lenders-of-last-resort-for-fund-starved-small-businesses-301355-2021-07-14 Commercial lenders are shying away from their primary business as they turn risk averse despite the government and the Reserve Bank of India
Category: MSME-Startup
India has created ‘perverse incentives’ for firms to stay small. Here’s how to fix it – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/india-has-created-perverse-incentives-for-firms-to-stay-small-heres-how-to-fix-it/articleshow/84429512.cms SynopsisIncentives meant to help Indian SMEs have an unintended and undesirable result. Most small businesses start small and stay small throughout their life.
Skill mapping, reviving MSME clusters to solve reverse migration problem – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/skill-mapping-reviving-msme-clusters-to-solve-reverse-migration-problem/articleshow/84367407.cms NEXT STORY It’s time to focus on ease of doing ‘small’ business Synopsis Systemic bottlenecks and red tape, lack of affordable credit, inefficient
What cash conversion cycle says about a firm – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-what-cash-conversion-cycle-says-about-a-firm/2287368/ Cash conversion cycle reveals the days payables adjusted days in getting back the cash that goes out in the operations of a firm
It’s time to focus on ease of doing ‘small’ business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/its-time-to-focus-on-ease-of-doing-small-business/articleshow/84287980.cmsSynopsis Systemic bottlenecks and red tape, lack of affordable credit, inefficient supply chains and weak access to markets have stymied the MSME sector for
MSME: Clear MSME dues; provide social security to MSME employees: Ficci Flo – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/clear-msme-dues-provide-social-security-to-msme-employees-ficci-flo/articleshow/84257882.cmsSynopsis “There’s a need to adopt a more proactive, flexible and women-friendly role by SIDBI, also to break in a new policy of social
It’s time to focus on ease of doing ‘small’ business – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/its-time-to-focus-on-ease-of-doing-small-business/articleshow/84287980.cmsSynopsis Systemic bottlenecks and red tape, lack of affordable credit, inefficient supply chains and weak access to markets have stymied the MSME sector for
Why exclusive emphasis on manufacturing firms in MSME sector is imperative to transform Indian economy – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-why-exclusive-emphasis-on-manufacturing-firms-in-msme-sector-is-imperative-to-transform-indian-economy/2286696/ Ease of Doing Business for MSMEs: Incremental increases in networked, innovative, and internationalized SMEs would play a decisive role in the development transformation
Three valuable lessons India of 2021 can learn from 1991 economic reforms – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/do-escape-from-old-ideas/articleshow/84214182.cmsSynopsis There has understandably been despair in the years since then that reforms have become hostage to the pressures of our boisterous democracy and
How to know if your start-up will work – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/how-to-know-if-your-start-up-will-work/2286386/ WhiteHat Jr grew to 5000+ employees, while using almost no incremental funds. Karan Bajaj, author and technology entrepreneur. By Karan Bajaj We had
RBI to banks: Wholesalers, retailers allowed to migrate to new Udyam portal, file fresh registrations – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-rbi-to-banks-wholesalers-retailers-allowed-to-migrate-to-new-udyam-portal-file-fresh-registrations/2286381/ Ease of Doing Business for MSMEs: Udyam Registration, launched in July last year, is a self-declaration paperless and free-of-cost portal platform for new
Small businesses face brunt of Covid second wave – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/msme/small-businesses-face-brunt-of-covid-second-wave/article35183838.ece?homepage=true Many look to adopt digital modes, some take fresh loans Small businesses are looking at new ways to survive amidst the economic distress
‘MSMEs are engines of growth’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/msmes-are-engines-of-growth/article35200392.ece?homepage=true Webinar series by Sundaram Finance and MSME DI to promote Udyam registration kicks off Sundaram Finance and MSME Development Institute (MSME DI) –
Second wave of the Covid-19 pandemic throws auto SMEs out of gear | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/second-wave-of-the-covid-19-pandemic-throws-auto-smes-out-of-gear-121070601510_1.html Hope rests on exports and festive season accelerating recovery Maharashtra accounts for close to 20 per cent of India’s total vehicle production, and
Ecommerce Rules: MSMEs urge Prime Minister Modi to reconsider proposed e-commerce rules – The Economic Times
lipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-urge-prime-minister-modi-to-reconsider-proposed-e-commerce-rules/articleshow/84192850.cmsSynopsis India SME Forum, which has more than 86,000 members from about 270 different industries, has pleaded the PM to save the MSME sector
Setback for MSMEs, state-run companies hesitant of adopting TReDS despite govt diktat – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/state-run-companies-hesitant-of-adopting-treds-despite-govt-diktat/articleshow/84185564.cmsSynopsis At the heart of the problem is the pace at which CPSEs approve invoices, said Sundeep Mohindru, the chief executive officer of M1Xchange,
‘At least 20-25% of MSMEs in Karnataka have shut’ | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/at-least-20-25-of-msmes-in-karnataka-have-shut-1005353.htmlK B Arasappa The second wave of Covid-19 dealt a deadly blow to the micro, small and medium-scale industries as they face myriad crises
MSME Associations worry over Gadkari’s move to include retailers and traders in MSME sector – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-associations-worry-over-gadkaris-move-to-include-retailers-and-traders-in-msme-sector/2284292/ Ease of Doing business for MSMEs: MSME associations have expressed their concern about the expansion of MSME definition fearing dilution of the sector
Gold loans — a win-win for banks, customers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/gold-loans-a-win-win-for-banks-customers/article35137763.ece?homepage=true Banks witnessed spectacular growth in this portfolio in FY21 after the Covid outbreak, but will this continue in FY22 too? Loans against gold
A call to preserve the ‘value’ of MSMEs at any cost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/a-call-to-preserve-the-value-of-msmes-at-any-cost/article35137739.ece A 12-point agenda that could form the basis for a genuine and whole-hearted approach to support such units Swaminathan Gurumurthy, member of the
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