Clipped from: https://www.business-standard.com/article/sme/corporate-affairs-ministry-facilitates-tracking-down-of-payments-to-msmes-121032900009_1.html From the next month, companies are required to disclose trade payables according to their ageing – less than one year, 1-2 years, 2-3
Category: MSME-Startup
MSME registration crosses 25-lakh mark on Modi govt’s Udyam portal; grows 130% in nearly five months – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-msme-registration-crosses-25-lakh-mark-on-modi-govts-udyam-portal-grows-130-in-nearly-five-months/2222324/ Technology for MSMEs: For registration on the Udyam portal, MSMEs are not required to upload any documents or proof except the Aadhaar number for
‘PLI scheme to nudge OEMs towards local sourcing for greater Made-in-India capacity utilisation of MSMEs’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-pli-scheme-to-nudge-oems-towards-local-sourcing-for-greater-made-in-india-capacity-utilization-of-msmes/2222274/ Ease of Doing Business for MSMEs: The PLI scheme has an anchor-led model that will enable OEMs to adopt an import-substitution approach and
Sitharaman has faced down critics to unshackle India’s economic growth story | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/nirmala-sitharamam-indian-economy-budget-7176525/ Surjit S Bhalla writes: What is even more remarkable is that the good budget came in the year of the farmers protests. Fianance
How to make unicorns and stop the startup drain | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/startups-india-economy-7194625/ By providing startups the right regulatory architecture and local sources of funding, India can create an innovative and resilient economy In order to
foreign trade policy: How an effective trade policy can help MSMEs spread their wings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/how-an-effective-trade-policy-can-help-msmes-spread-their-wings/articleshow/81720782.cmsSynopsis India’s Foreign Trade Policy should pave newer ways for small businesses and freelancers to grow their presence beyond the country and reach global
embedded finance: Understanding the rise of embedded finance in post-Covid economy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/understanding-the-rise-of-embedded-finance-in-post-covid-economy/articleshow/81721224.cmsSynopsis Millions of customers have already benefited from embedded finance due to the attractive rewards given by the technology platforms for payments and timely
Leg up for start-ups – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/editorial/sebi-boards-decisions-will-help-start-ups-epand-protect-retail-investors/article34172168.ece SEBI Board’s decisions will help start-ups and protect retail investors The SEBI Board’s decision to address the gaps in the existing framework for
With the latest $234-m fund-raise, Chennai-based NBFC Five-Star turns a unicorn – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/chennai-based-nbfc-five-star-business-finance-limited-raises-1700-crore/article34169522.ece The investment will be made through a combination of primary infusion and secondary shares sales by existing investor Morgan Stanley Private Equity Five
Fintech revolution needs regulatory help – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/fintech-revolution-needs-regulatory-help/2221277/ They have cracked the payments piece but to do the same in the lending space, fintechs need important permissions from RBI And here
View: New foreign trade policy is an opportunity for MSMEs to leverage e-commerce for their growth – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/view-new-foreign-trade-policy-is-an-opportunity-for-msmes-to-leverage-e-commerce-for-their-growth/articleshow/81713632.cms Synopsis–India’s 2021-26 foreign trade policy (FTP), currently under formulation, is likely to be released on April 1. The earlier FTP that was due
‘Atmanirbhar’ artisans – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/atmanirbhar-artisans/article34093528.ece This is the key to a self-reliant MSME sector Finance Minister Nirmala Sitharaman, in Budget, 2021–22, said the MSME sector is being redefined
Neo bank — the new disruptor on the block – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/neo-bank-the-new-disruptor-on-the-block/article34093484.ece These digital, online-only entities provide a variety of services tailored to maximise customer banking experience Though neo-banks may adopt a variety of operating
Small units are big growth drivers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/small-units-are-big-growth-drivers/article34101340.ece The govt has taken many steps to support MSMEs. A nudge can propel the sector to contribute a lot more to growth The
Is Ease of Doing Business ranking over-rated? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/is-ease-of-doing-business-ranking-over-rated/article34162842.ece A top rank without infrastructure, connectivity, skilled manpower and lower cost of production is of no use to the investor In recent years,
Now Snapdeal’s SME sellers can get faster payments under new fast-track option for goods sold – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-now-snapdeals-sme-sellers-can-get-faster-payments-under-new-fast-track-option-for-goods-sold/2220507/ Credit and Finance for MSMEs: The payment receipt time will be slashed by 76 per cent and will enable sellers to redeploy the
Lending based on GST data improves MSMEs’ access to credit: Vayana Network – The Financial Express
lipped from: https://www.financialexpress.com/economy/lending-based-on-gst-data-improves-msmes-access-to-credit-vayana-network/2220474/ Vayana has till date enabled $6 billion in trade finance for 300 supply chains in 25 different industries and processed 1.7 million transactions.
True Balance raises $10 million in debt funding for its NBFC True Credits – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/true-balance-raises-10-million-in-debt-funding-for-its-nbfc-true-credits/article34132357.ece Fintech app True Balance on Monday announced that it has raised $10 million in debt funding from a group of investors. The debt
MSME funding: How FinTechs can help address credit gap for small businesses–business today
Clipped from: https://www.businesstoday.in/opinion/columns/msme-funding-how-fintechs-can-help-address-credit-gap-for-small-businesses/story/432894.html A symbiotic relationship between banks and digital NBFCs can lead the way towards a win-win situation for all The introduction of the Co-Lending
Supreme Court chooses right–the economic times
Clipped from: https://economictimes.indiatimes.com/blogs/et-editorials/supreme-court-chooses-right/ET Edit Quick takes, analyses and macro-level views on all contemporary economic, financial and political events. The Supreme Court’s refusal either to extend RBI’s
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