Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/factory-workers-are-returning-to-labour-and-an-uncertain-life/articleshow/79733250.cms Synopsis—-For India Inc, the pandemic is a stark reminder about the gaps in the working conditions of labourers and the issues that need
Category: MSME-Startup
Economy after 2020: A cyclical recovery to begin; GDP growth to average 9.9% in 2021, 11.9% in FY22 – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/economy-after-2020-a-cyclical-recovery-to-begin-gdp-growth-to-average-9-9-in-2021-11-9-in-fy22/2149227/ A bumpy sequential path until a widely distributed vaccine becomes available, followed by faster rebound By Sonal Varma & Aurodeep Nandi The economy
Social security for workers: Lessons from India in the great California experiment – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/social-security-for-workers-lessons-from-india-in-the-great-california-experiment/2149260/ Lessons from India in the great California experiment The US state of California has voted to keep rideshare and delivery industry workers as
‘Small businesses slowed down in late March but didn’t stop and are now turning around with vengeance’ – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/cafe-sme/msme-eodb-small-businesses-slowed-down-in-march-but-didnt-stop-and-are-now-turning-around-with-vengeance/2149537/ Ease of Doing Business for MSMEs: Amid the Covid crisis, small shops rose to the occasion. Astoundingly, their deep legacy learnings of their
Amazon: The economics of scale: The Amazon, Airtel, and Apple of tomorrow is a small business today – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/the-economics-of-scale-the-amazon-airtel-and-apple-of-tomorrow-is-a-small-business-today/articleshow/79691276.cms Synopsis–China’s success as a manufacturing exporter is partially attributable to scale, but historically, India’s policy environment has been allergic to large businesses. Across
kirana stores: Indian kirana stores will continue to be dominated by standalone shops, this time around with an online avatar – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/indian-kirana-stores-will-continue-to-be-dominated-by-standalone-shops-this-time-around-with-an-online-avatar/articleshow/79692171.cmsSynopsis The ability to adapt quickly to ever-changing needs, a new phygital approach for safer purchase is helping mom and pop kirana stores maintain
SBI will prefer co-origination models of lending to MSMEs: Chairman – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/sbi-will-prefer-co-origination-models-of-lending-to-msmes-chairman/articleshow/79695109.cmsSynopsis SBI chairman Dinesh Kumar Khara said the country’s largest lender will be happy to deal with the intermediary players in the financing business
Rs 1.58 lakh cr given to 4.05 m borrowers under ECLGS: Finance Ministry – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/fm-reviews-progress-of-various-schemes-under-3-packages-banks-sanction-rs-2-05-lakh-cr-to-msmes/articleshow/79714498.cmsSynopsis This information was provided during a comprehensive review of implementation of the Aatmanirbhar Bharat Abhiyan by finance minister Nirmala Sitharaman with secretaries of
DBS Bank India partners with Haqdarshak to aid MSME recovery – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/dbs-bank-india-partners-with-haqdarshak-to-aid-msme-recovery/articleshow/79675994.cmsSynopsis Haqdarshak will provide application support services to business owners for availing the right schemes that the government has announced. MUMBAI: DBS Bank India has joined
MSME: Banks sanction Rs 2.05 lakh cr to 81 lakh MSMEs under credit guarantee scheme – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/banks-sanction-rs-2-05-lakh-cr-to-81-lakh-msmes-under-credit-guarantee-scheme/articleshow/79679237.cmsSynopsis The loans provided under ECLGS 2.0 will have a five-year tenor, with a 12-month moratorium on repayment of principal. NEW DELHI: The Finance Ministry on
Exim Bank, SIDBI to set up investment fund to provide loan support to SMEs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/exim-bank-sidbi-to-set-up-investment-fund-to-provide-loan-support-to-smes/article33289432.ece?homepage=true David Rasquinha, Managing Director, Exim Bank of India David Rasquinha, Managing Director, Exim Bank of India× Export-Import Bank of India (Exim Bank) and
Karnataka HC to hear petitions from Amazon, Flipkart, CCI in Jan against alleged marketplace malpractices – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/karnataka-hc-to-hear-petitions-from-amazon-flipkart-cci-in-jan-against-alleged-marketplace-malpractices/2146766/ CCI had earlier filed an appeal in the apex court against the interim stay order by the Karnataka HC to probe e-commerce marketplaces,
Amazon India Small Business Day 2020: Amazon India to host Small Business Day 2020 in December – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/amazon-india-to-host-small-business-day-2020-in-december/articleshow/79618594.cmsSynopsis Amazon is also launching a one-day cashback offer of 10% on digital payments for customers. BENGALURU: Amazon India recently announced that the company will host
Confident India will emerge as the top manufacturing hub for EVs: Nitin Gadkari – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/confident-india-will-emerge-as-the-top-manufacturing-hub-for-evs-nitin-gadkari/articleshow/79628259.cmsSynopsis The minister added that besides the electric technology for automotive, the use of fuel ethanol, methanol biodiesel and bio CNG is being proactively
RBI may allow SFBs to lend to smaller microfinance institutions with loan assets below Rs 500 cr – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/rbi-may-allow-sfbs-to-lend-to-smaller-microfinance-institutions-with-loan-assets-below-rs-500-cr/articleshow/79647334.cms SynopsisRBI, which had earlier turned down a similar proposal, is now actively considering it so that the funding requirement for the sector is
After initial hit, health-care units likely to recover: CRISIL SME Tracker | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/after-initial-hit-health-care-units-likely-to-recover-crisil-sme-tracker-120120701120_1.html With the working capital cycle stretched, financially weaker hospitals may have to resort to short-term loans to stay afloat. Logically, a pandemic should
PM Modi’s 59-minute MSME loan: 93% applications disbursed till November 2020, marginally up from August – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-pm-modis-59-minute-msme-loan-93-applications-disbursed-till-november-2020-marginally-up-from-august/2145740/ Credit and Finance for MSMEs: The scheme was launched to offer in-principle approval to a term loan or working capital loan from Rs
WhatsApp launches ‘Carts’ to ease buying, selling for customers, sellers | The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/msme-tech-whatsapp-eases-selling-for-merchants-with-new-feature-tracking-inquiries-managing-requests-get-simpler/2145868/ Technology for MSMEs: The move signals WhatsApp’s intent to become the de-facto platform for businesses and customers who wish to buy and sell
Centre aims to increase MSME sector contribution to GDP up to 50%: Gadkari – The Financial Express
Clipped from: https://www.financialexpress.com/industry/sme/centre-aims-to-increase-msme-sector-contribution-to-gdp-up-to-50-gadkari/2145902/ Gadkari said currently village industries such as handlooms, handicrafts, Khadi Gram Udyog are generating Rs 80 thousand crore revenues which needs to be
MSME taxpayers may file GSTR via SMS: CBITC chief – The Financial Express
Clipped from: https://www.financialexpress.com/economy/msme-taxpayers-may-file-gstr-via-sms-cbitc-chief/2145120/ There have been demands from the taxpayers, mostly in the MSME sector, that GST be charged on receipt of payment instead of the
