Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-govt-must-encourage-local-production-supply-chains-by-partnering-with-msmes/2174714/ Union Budget 2021 Expectations for MSMEs: Many in the MSME sector are looking forward to the upcoming budget with high hopes especially since
Category: MSME-Startup
Govt nominates heads of Nasscom, CII, SoftBank India, Ola, Byju’s, others to National Startup Advisory Council | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/govt-nominates-heads-of-nasscom-cii-softbank-india-ola-byjus-others-to-national-startup-advisory-council/2174957/ The DPIIT had constituted the council on January 21, 2020, to suggest the government various steps required “to build a strong ecosystem for
Govt sees 800% jump in job seekers on MSME hiring portal Sampark, this many recruiters added in a year – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-skil-govt-sees-800-jump-in-job-seekers-on-msme-hiring-portal-sampark-this-many-recruiters-added-in-a-year/2175100/ Skill, Labour, Talent for MSMEs: MSMEs have created 11.10 crore jobs (360.41 lakh in the manufacturing sector, 7,000 in non-captive electricity generation and
YES Bank finance solution for MSMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/yes-bank-finance-solution-for-msmes/article33602466.ece YES Bank, on Monday, rolled out ‘YES MSME’, whereby the bank will support micro, small and medium enterprises (MSMEs) through solutions across lending,
Banking on Budget: The five areas of focus for FM Nirmala Sitharaman | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/banking-on-budget-the-five-areas-of-focus-for-fm-nirmala-sitharaman-121012000176_1.html Given the series of policy announcements made by Finance Minister Nirmala Sitharaman in the last 9 months it is reasonable not to expect
Budget 2021 Expectations for MSMEs: ‘Govt must encourage local production, supply chains by partnering with MSMEs’ | The Financial Express
Clipped from: https://www.financialexpress.com/budget/budget-2021-expectations-govt-must-encourage-local-production-supply-chains-by-partnering-with-msmes/2174714/ Union Budget 2021 Expectations for MSMEs: Many in the MSME sector are looking forward to the upcoming budget with high hopes especially since
Mastercard launches resource site to support digital transformation of SMEs in Asia Pacific
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/mastercard-launches-resource-site-to-support-digital-transformation-of-smes-in-asia-pacific/articleshow/80344750.cmsSynopsis To enhance the resources for SMEs, Mastercard has joined forces with website builder Wix and Zoho, a cloud solutions provider. To help small
eclgs scheme: Eight months after its roll out, Government’s Rs 3-lakh crore ECLG scheme helped some, bypassed other – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/money/eight-months-after-its-roll-out-governments-rs-3-lakh-crore-eclg-scheme-helped-some-bypassed-other/articleshow/80359278.cms SynopsisFor Covid-stricken small businesses, the ECLG scheme was to be a savior. After eight months, the results may be mixed. On May 13,
What the Finance Minister must Budget for – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/what-the-finance-minister-must-budget-for/article33602609.ece The effort must be to boost people’s purchasing power to kick-start the revival of a pandemic-hammered economy The Indian economy was facing a
Relaxed norms to help MSMEs get AEO recognition | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/relaxed-norms-to-help-msmes-get-aeo-recognition-121011800029_1.html At present, there 791 entities with AEO-LO recognition, 3,206 parties with AEO-T1 recognition, 581 parties with AEO-T2 recognition, and 20 parties with AEO-T3
Labour turns to agri, construction as manufacturing fails to create jobs | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/jobs-recovery-eludes-manufacturing-sector-121011801090_1.html Manufacturing accounted for 40 million jobs in 2019-20. In the first quarter this dropped to 24.6 million, implying a loss of over 15
Cleaning up taxes | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/cleaning-up-taxes-121011801532_1.html Govt must seize opportunity to reform holes in tax system In the run-up to the Union Budget, the finance ministry must be wrestling
Understanding standards: Facilitating acceptance of Indian goods abroad – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/understanding-standards-facilitating-acceptance-of-indian-goods-abroad/2172797/ The challenges in the standards and conformity assessment domain are quite complex, needing a highly professional, expertise-driven cohesive strategy. By Anil Jauhri As
Indian garment exporters start getting orders again with Covid-19 vaccination roll out – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/indian-garment-exporters-start-getting-orders-again-with-covid-19-vaccination-roll-out/articleshow/80323477.cmsSynopsis Fashion brands have started placing fresh orders for the summer-spring season, as they expect consumption in top European and North American markets to
Stressed & moribund: To understand the fundamental problem with SMEs, look at the owners – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/stressed-moribund-to-understand-the-fundamental-problem-with-smes-look-at-the-owners/articleshow/80328850.cmsSynopsis A typical SME does not have innovative or unique products for which it can charge a price premium. It does not have the
SOLV launches of ‘Buy Now, Pay Later’ for MSME Sector – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/solv-launches-of-buy-now-pay-later-for-msme-sector/articleshow/80324917.cmsSynopsis BNPL is helping SOLV further reinforce trust on the platform as it meets the needs of both parties – sellers who want to
Budget in the time of Covid pandemic – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/ashima-goyal/budget-in-the-time-of-covid-pandemic/article33594587.ece Excessive spending at this moment is unnecessary. Demand needs to be kept just ahead of supply to boost economic activity Battling with Covid-19
TreD push – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/trade-receivables-and-discounting-system-players-could-do-with-trade-credit-insurance/article33594602.ece Trade Receivables and Discounting System players could do with trade credit insurance The Trade Receivables and Discounting System (TreDs), begun in 2014, has
lending apps: Debt trap: Inside the world of shady digital lending apps, which promise a loan in a minute – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/loan-trap-inside-the-world-of-shady-digital-lending-apps-which-promise-a-loan-in-a-minute/articleshow/80304632.cmsSynopsis According to fintech industry sources, several lenders simply register an entity under the Companies Act, develop an app and start commercial lending. They
21% startups and MSMEs benefited from govt Schemes in 2020: Survey | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/21-startups-and-msmes-benefited-from-govt-schemes-in-2020-survey-121011600545_1.html For many years now, startups and MSMEs have been reeling under the complex burden of India’s difficult taxation policies The findings from the