Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/why-more-of-india-needs-to-stand-up/article34283854.ece While just four States account for 55% of the total start-ups, the rest of India has a lot of catching up to do
Category: MSME-Startup
Indian Bank’s online training in local dialects, a boon to MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/indian-banks-online-training-in-local-dialects-a-boon-to-msmes/article34274091.ece MSME Prerana will provide training in financial statement analysis, filing of returns to handle business efficiently Rarely do we see a public sector
‘Amazon has driven MSME exports worth $3 b, created a million jobs in India’ – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/companies/amazon-has-driven-msme-exports-worth-3-b-created-a-million-jobs-in-india/article34274037.ece Company claims it has digitised 2.5 m enterprises Our Bureau Last year at the inaugural Smbhav Summit, Amazon had announced an investment of
Govt to earmark nearly Rs 1,000 crore to support fabless start-ups | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/govt-to-earmark-nearly-rs-1-000-crore-to-support-fabless-start-ups-121040801754_1.html Some of these companies are likely to scale up, become global chip design entities Fabless companies are those that design microchips, while the
IBC: Can pre-packaged insolvency resolution under IBC be helpful for MSMEs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/can-pre-packaged-insolvency-resolution-under-ibc-be-helpful-for-msmes/articleshow/81981074.cmsSynopsis The Code emphasizes on reorganization and insolvency resolution of the Corporate Debtor, while maximizing the value of assets of the CD and promoting
Amazon India’s MSME sellers so far: 2.5M cumulatively digitised, $3B worth exports, 1M jobs created – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-amazon-indias-msme-sellers-so-far-2-5m-cumulatively-digitised-3b-worth-exports-1m-jobs-created/2229542/ Ease of Doing Business for MSMEs: Amazon had announced plans in January last year to invest $1 billion for digitizing 10 million Indian
MSME lender U GRO Capital eyes Rs 20,000 crore AUM by 2025 to address small business credit gap – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-msme-lender-u-gro-capital-eyes-rs-20000-crore-aum-by-2025-to-address-small-business-credit-gap/2229350/ Credit and Finance for MSMEs: U GRO is looking to acquire a 1 per cent market share of the SME lending market by
70,000 Indian sellers export goods worth $3 billion on Amazon–BUSINESS TODAY
Clipped from: https://www.businesstoday.in/current/corporate/70000-indian-sellers-export-goods-worth-3-billion-on-amazon/story/436105.html The company also said that with more than 2.5 million MSMEs working with Amazon in India including sellers, artisans and weavers, the focus
DIGITAL BOOST: Now, free digital starter kits for small businesses – The Financial Express
Clipped from: https://www.financialexpress.com/industry/technology/digital-boost-now-free-digital-starter-kits-for-small-businesses/2228918/ Builder.ai’s new programme aims to take small Indian businesses, restaurants online and help improve the end customer experience with their new digital starter
In six years, ₹14.96 lakh crore sanctioned under PM Mudra scheme – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/in-six-years-1496-lakh-crore-sanctioned-under-pm-mudra-scheme/article34263064.ece Under the scheme, collateral-free loans up to ₹10 lakh provided for income-generating activities in manufacturing, trading, and agriculture. In the six years since
employer–emplpoyee relationship–Indian Medical Association vs V.P. Shantha & Ors on 13 November, 1995
Clipped from: https://indiankanoon.org/doc/723973/Supreme Court of IndiaEquivalent citations: 1996 AIR 550, 1995 SCC (6) 651Author: S AgrawalBench: Agrawal, S.C. (J) PETITIONER: INDIAN MEDICAL ASSOCIATION Vs. RESPONDENT: V.P.
NITI Aayog considers separate PLI scheme for MSMEs, examines biz models | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/niti-aayog-considers-separate-pli-scheme-for-msmes-examines-biz-models-121040601463_1.html Seeks different schemes for firms with higher targets, and smaller ones The PLI scheme does not currently focus on making MSMEs a part
Competition among auto cos address issue of vehicle scrapping sops: Gadkari | Business Standard News
lipped from: https://www.business-standard.com/article/economy-policy/competition-among-auto-cos-address-issue-of-vehicle-scrapping-sops-gadkari-121040600772_1.html In a Q&A, the Union minister of road transport and highways says scrapping centres will become an entire industry on their own, subject
Small business lender Lendingkart raises new debt funding to disburse loans to 5,000 MSMEs via NBFC arm – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-small-business-lender-lendingkart-raises-new-debt-funding-to-disburse-loans-to-5000-msmes-via-nbfc-arm/2227855/ Credit and Finance for MSMEs: Lendingkart, which has disbursed over 1 lakh loans to more than 91,000 MSMEs so far through its NBFC
PayPal enables collateral-free loans up to Rs 1 cr for MSMEs, others via small business lender FlexiLoans – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-paypal-enables-collateral-free-loans-up-to-rs-1-cr-for-msmes-others-via-small-business-lender-flexiloans/2228172/ Credit and Finance for MSMEs: The interest rates will begin at 1 per cent per month with tenure up to 36 months based
Valuation soars to $2.2 bn, Cred joins unicorn club – The Financial Express
lipped from: https://www.financialexpress.com/industry/valuation-soars-to-2-2-bn-cred-joins-unicorn-club/2228214/ Credit card repayment platform, Cred on Tuesday said that it has closed a fresh $215-million funding round led by new investor Falcon Edge
PayPal partners with FlexiLoans to offer MSMEs collateral-free term loans – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/paypal-partners-with-flexiloans-to-offer-msmes-collateral-free-term-loans/articleshow/81927362.cms MUMBAI: PayPal entered into a partnership with FlexiLoans to provide freelancers, women entrepreneurs, sole proprietors, and MSME’s with collateral-free business loans. PayPal with FlexiLoans will aim to offer
Pre-pack is ‘liquidation-remote resolution mechanism’, says IBBI chief – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/pre-pack-is-liquidation-remote-resolution-mechanism-says-ibbi-chief/2228140/ The pre-pack framework for stressed assets under the insolvency law is a “liquidation-remote resolution mechanism” and will also help in avoiding protracted legal
MSME Prepack report Oct 2020
Pre-Pack-Comments.pdf
MSME: IBC amendment seeks to provide prepack resolutions for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/legal/ibc-amendment-seeks-to-provide-prepack-resolutions-for-msmes/articleshow/81924148.cmsSynopsis Alternative framework expected to bring about quicker, more cost-effective resolution process. NEW DELHI: The government has amended the Insolvency & Bankruptcy Code to
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