Clipped from: https://economictimes.indiatimes.com/small-biz/trade/exports/insights/exporters-in-a-post-covid-world-need-finance-and-favourable-trade-winds/articleshow/80091475.cmsSynopsis From working capital to trade finance, an MSME exporter finds access to credit extremely difficult. The Reserve Bank of India’s data shows that
Category: MSME-Startup
GST compliance may increase the burden for small firms this year – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-compliance-may-increase-the-burden-for-small-firms-this-year/articleshow/80090643.cmsSynopsis Small businesses have so far enjoyed certain compliance relaxations during the GST transition period, however, the revenue loss to the Government during COVID
Skill development: Govt sees 51% jump in manpower trained at MSME Tool Rooms, Tech Centres in FY20 – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-skil-skill-development-govt-sees-51-jump-in-manpower-trained-at-msme-tool-rooms-tech-centres-in-fy20/2164115/ Skill, Labour, Talent for MSMEs: Tool Rooms and Technology Development Centres provide precision tooling along with new technologies including CAD/CAM, CNC machining for
Nitin Gadkari: Root cause of the problem is surplus foodgrains and higher MSP than the market price | India News,The Indian Express
Clipped from: https://indianexpress.com/article/india/nitin-gadkari-coronavirus-lockdown-farmers-bill-protests-electric-vehicles-tesla-plant-india-7131732/ As the country eased out of multiple lockdowns last year, the Minister was at centre of the govt’s revival plans to breathe life
Exporters left in cold over flawed RoDTEP scheme | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/exporters-left-in-cold-over-flawed-rodtep-scheme-121010400026_1.html The main objective of RoDTEP is to refund the duties and taxes that are not rebated or exempted through schemes for duty drawback,
I wrongly believed economy won’t revive without a stronger fiscal stimulus: Swaminathan Aiyar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/i-wrongly-believed-economy-wont-revive-without-a-stronger-fiscal-stimulus-swaminathan-aiyar/articleshow/80056926.cmsSECTIONSI wrongly believed economy won’t revive without a stronger fiscal stimulus: Swaminathan AiyarLast Updated: Jan 02, 2021, 10:44 AM ISTSynopsis The good thing about
Revamped ecosystem will generate higher growth, goods and services tax, employment and exports – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/spin-llps-to-hear-richer-music/articleshow/80085474.cms Synopsis–Most MSME units were mainly operating as partnership firms, and some as limited liability partnerships (LLPs), or private companies. The Atmanirbhar Bharat scheme,
Modi’s challenge in 2021 will be to revive an economy which has slipped into deep recession – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/inside-track-modis-challenge-in-2021-will-be-to-revive-an-economy-which-has-slipped-into-deep-recession/2162928/ The economy may have hit an all-time low and unemployment and inflation a new high, but Modi, with his hirsute sanyasi-like looks and
Imports go up for 1st time since last Feb, exports dip 0.8% – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/india-business/imports-go-up-for-1st-time-since-last-feb-exports-dip-0-8/articleshow/80078545.cms NEW DELHI: Indicating a pick-up in economic activity, imports went up for the first time since February, rising 7.6% to $42.6 billion in
Lendingkart to launch ‘credit intelligence services’ for banks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/lendingkart-to-launch-credit-intelligence-services-for-banks/article33481760.ece Lendingkart, a digital lending fintech start-up in working capital space, plans to launch ‘credit intelligence services’ for banks from April, helping them evaluate
Looking back, and forward: How economies and economics changed in 10 years | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/looking-back-and-forward-how-economies-and-economics-changed-in-10-years-121010100839_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Newsletter_11072018 Even as both India and the world struggle to re-build after Covid-19, they face slow-burn problems that could develop into full-blown crises, writes
Negative rates as conscious policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-view/et-view-negative-rates-as-conscious-policy/articleshow/79561743.cmsSynopsis The RBI’s policies on maintaining high liquidity to fuel recovery, keeping a Targeted Long Term Repo window open is most sensible. It is
‘Next decade belongs to small businesses but here’s how they can navigate ‘techade’ in new normal’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-next-decade-belongs-to-small-businesses-but-heres-how-they-can-navigate-techade-in-new-normal/2160585/ Ease of Doing Business for MSMEs: Black Swan moments disrupt the status quo but they also provide newer opportunities. SMEs would do well
‘MSMEs to decide whether India taps or loses opportunity to deliver what world maybe seeking’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-fin-msmes-to-decide-whether-india-taps-or-loses-opportunity-to-deliver-what-world-maybe-seeking/2161395/ Credit and Finance for MSMEs: MSMEs in India can truly thrive in 2021 only if they understand the need to adapt and embrace
There is no SME-focused end-to-end insurance buying platform in India: ICICI Lombard’s Sanjeev Mantri – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-there-is-no-sme-focused-end-to-end-insurance-buying-platform-in-india-icici-lombards-sanjeev-mantri/2161926/ Technology for MSMEs: For SMEs, ICICI Lombard had earlier launched its automated bot platform, MyRA (My Remote Assistant) to get policy quotes via
Allowing corporate houses in banking: With the needed safeguards, it may not be a bad idea after all – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/allowing-corporate-houses-in-banking-with-the-needed-safeguards-it-may-not-be-a-bad-idea-after-all/2161878/ While connected and circular lending, and credit misallocation and conflict of interest are real risk scenarios, credit crunch especially for MSMEs is also
From pushing electric mobility to boosting textile sector, Niti Aayog charts 2021 reforms map – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/from-pushing-electric-mobility-to-boosting-textile-sector-niti-aayog-charts-2021-reforms-map/articleshow/80025000.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis As the think tank continues to work with various stakeholders to boost the country’s economy, its Vice Chairman and economist Rajiv Kumar said
‘Next decade belongs to small businesses but here’s how they can navigate ‘techade’ in new normal’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-next-decade-belongs-to-small-businesses-but-heres-how-they-can-navigate-techade-in-new-normal/2160585/ Ease of Doing Business for MSMEs: Black Swan moments disrupt the status quo but they also provide newer opportunities. SMEs would do well
Now MSME customers of this bank can use SIDBI’s DIY portal to submit restructuring proposals – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-eodb-now-msme-customers-of-this-bank-can-use-sidbis-diy-portal-to-submit-restructuring-proposals/2160126/ Ease of Doing Business for MSMEs: While the documents required for the proposal may vary as per the internal guidelines of the banks,
Honey, I shrunk Indian banking! Sector tastes degrowth in 2020–Business today
Clipped from: https://www.businesstoday.in/current/economy-politics/indian-banking-industry-2019-20-npas-bad-loans-borrowings-asset-quality/story/426466.html Indian Banking Sector 2019-20: The credit off-take from the industry declined marginally while agri, services and retail were in positive territory in 2019-20
