Clipped from: https://www.financialexpress.com/opinion/new-localisation-plans-can-derail-modis-entire-pli-scheme/2178362/ The way the scheme was designed, to avail of the incentive, a firm has to increase its output in the 5th year by
Category: MSME-Startup
Auto MSMEs cornered 91% of loans amid Covid; NPA share declined across borrower segments – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-auto-msmes-cornered-91-of-loans-amid-covid-npa-share-declined-across-borrower-segments/2178285/ Credit and Finance for MSMEs: Within the top clusters of Mumbai-Pune, Delhi-Gurugram-Faridabad, Chennai, Bengaluru, Jamshedpur-Kolkata, Ludhiana-Jalandhar, Sanand, and Pithampur, the credit availed by
Harassment in fintech loan recovery: Why onus is on borrowers too–business today
Clipped from: https://www.businesstoday.in/money/banking/harassment-in-fintech-loan-recovery-why-onus-is-on-borrowers-too/story/428547.html Fintech platforms might be taking borrowers for a ride, but onus is on the borrowers too – take loan with an intent to
Rashesh Shah Interview: ‘Govt spending actually helps middle & lower class, so fiscal stimulus is more important’ | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/govt-spending-actually-helps-middle-lower-class-so-fiscal-stimulus-is-more-important-7160347/ Even though the government did not spend much money, it has bounced back very well. The Sensex has seen a sharp rally to
Small businesses looking to sell online face a GST anomaly: FISME’s Animesh Saxena – The Economic Times Video | ET Now
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/small-businesses-looking-to-sell-online-face-a-gst-anomaly-fismes-animesh-saxena/videoshow/80328965.cmsET Online | 19 Jan 2021, 09:00 AM ISTPost a Comment Covid-hit MSMEs are all geared up to capitalise on the online selling mode,
The Foundation has helped 300 SMEs to leverage opportunities: Ajay Kela, CEO, Wadhwani Foundation – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-foundation-has-helped-300-smes-to-leverage-opportunities-ajay-kela-ceo-wadhwani-foundation/articleshow/80445453.cmsSynopsis Entrepreneurs with resilience, innovation and perseverance have recognized the opportunities COVID-19 offered and pivoted their business models accordingly. Wadhwani Foundation, a not-for-profit with
Inside NITI Aayog’s plan to build India’s Alibaba for MSMEs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/desi-alibaba-in-the-works/articleshow/80443001.cmsSynopsis NITI Aayog is working on various mechanisms to encourage small businesses in India to get on to online portals to expand their reach
Manufacturing cos hiring locals to cut reliance on migrant labourers – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/manufacturing-cos-hiring-locals-to-cut-reliance-on-migrant-labourers/articleshow/80455093.cms SynopsisEconomists and top company officials said this could lead to a permanent shift in the labour workforce market as the pandemic made companies
What Budget 2021 can do for startups: If you start ’em up, we’ll never stop – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/startups/what-budget-2021-can-do-for-startups-if-you-start-em-up-well-never-stop/articleshow/80437201.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis Startups are expected to scale and expand in 2021, especially with the ‘Make in India’ and ‘Aatmanirbhar Bharat’ initiatives promoting entrepreneurship in a
Start-up plans multi-city laptop, PC repair centres – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/start-up-plans-multi-city-laptop-pc-repair-centres/article33622836.ece With the electronic hardware service industry remaining largely unorganised, GVdalph Tech, a city-based start-up, is setting up a well-equipped repair centre in Hyderabad.
MSMEs should explore cluster approach to achieve economic development: Sarangi – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/msmes-should-explore-cluster-approach-to-achieve-economic-development-sarangi/article33631883.ece MSME sector contributes 29.7% to India’s GDP and accounts for 49.66% of exports “The MSME industry needs to expand, its scope is enormous.
Gujarat launches 8 new industrial estates to strengthen manufacturing MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/gujarat-launches-8-new-industrial-estates-to-strengthen-manufacturing-msmes/article33636759.ece These estates will provide ₹1,223 crore capital investment and 20,000 new jobs in future, says Chief Minister Vijay Rupani In order to augment
Azim Premji University, FICCI, TISS roll out plan for employment generation in MSME sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/azim-premji-university-ficci-tiss-roll-out-plan-for-employment-generation-in-msme-sector/articleshow/80421453.cmsSynopsis The report proposes the creation of a support system that will improve Ease of Doing Business for largely informal micro and small entrepreneurs.
Budget 2021 MSME Expectations: What MSMEs expect from Budget 2021 to put behind the COVID-19 affect – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/policy-trends/what-msmes-expect-from-budget-2021-to-put-behind-the-covid-19-affect/articleshow/80400743.cmsSynopsis With fintech and digital payments becoming more accepted, the government could announce some support for creating a digital payments framework, which will offer
Budget 2021 Expectations for MSMEs: ‘Tax exemption, interest reduction, power subsidy needed for rural MSMEs’ | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-tax-exemption-interest-reduction-power-subsidy-needed-for-rural-msmes/2175534/ Union Budget 2021 Expectations for MSMEs: Only MSMEs are well placed with competency, flexibility, local market understanding, and experience to bring about rural
Govt working with SBI to launch e-commerce portal for MSMEs; to take on Amazon, Flipkart, others – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-msme-min-working-with-sbi-to-launch-e-commerce-portal-for-msmes-to-take-on-amazon-flipkart-others/2175884/ Ease of Doing Business for MSMEs: The government currently already has a business-to-business marketplace Government e-Marketplace (GeM) to help MSMEs sell directly to
Banks red-flag: Loans to street vendors in pandemic turning NPAs | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/economy/banks-red-flag-loans-to-street-vendors-in-pandemic-turning-npas-7155136/ Launched in June to help vendors amid the pandemic, the PM SVANidhi scheme is a micro-credit facility that provides street vendors a collateral-free
Why online retail majors are wooing kirana shop owners base to boost reach | Deccan Herald
Clipped from: https://www.deccanherald.com/business/why-online-retail-majors-are-wooing-kirana-shop-owners-base-to-boost-reach-941644.html The report said that retail experts find the bid to include kirana a ‘slow and arduous process’ Business-to-business (B2B) e-commerce major Udaan is promising small
Budget 2021: Make it inclusive and substantive – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/budget-2021-make-it-inclusive-and-substantive/articleshow/80391885.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis One expects that it would delineate a policy plan that revitalises growth drivers, alleviates distress, supports livelihoods and helps create a resurgent India
From automation to gig economy, India needs to work on its skilling program – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/from-automation-to-gig-economy-india-needs-to-work-on-its-skilling-program/articleshow/80379388.cms Synopsis–Despite running a skilling mission for years, India has very little to cheer about when it comes to availability of skilled labour. For
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