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MSME DAY 2019
Entrepreneurship on wheels: A UNDP project is taking mentorship and training to rural womenIt is well known that in India has one of the lowest workforces in the world with a rank of 108 in the Gender Gap Index. The only way to br...- Khadi gets a makeover. Eyes Rs 5,000 crore in businessKhadi saw rapid double digit growth over the last five years. From driving employment in the country to getting young designers to come out...
- Access to credit, technology adoption, connect with global peers, key for Indian MSMEs growth: WASMEWASME has been consistently working closely with world MSMEs, Central and State Governments in providing opportunities to MSMEs.
- Promoting manufacturing exports is needed to spur MSME growth: AssochamProviding Indian MSMEs a better visibility to other countries with a better buying potential will be key to greater success.
- Vision is to increase MSMEs contribution to GDP to 50%: Nitin GadkariUnveiling plans of soon opening a new website - Bank of Ideas, Innovation and Research - the minister highlighted that a team would analyse...
- Due to anomalies in IBC, corporate NPAs can lead to bankruptcy in MSMEs: FISME"The critical reforms that MSMEs need are in areas such as banking sector and labour markets," said Anil Bhardwaj, Secretary General, FISME.
- Panel Discussion: Not just financial nuances, managerial capabilities of MSMEs also matterThere was consensus across the panel members on technological upgradation acting as a key force to move forward and incentivise growth in t...
- MSMEs key component of India's $5-trillion economy quest: Arun Kumar Panda, MSME SecretaryIf we are serious about reaching $5 trillion economy, MSMEs have to play a much bigger role in employment generation, exports, skilling peo...
- MSMEs, India's growth engine, face a Rs 16 lakh crore credit gapEstimation of debt requirement for India's MSME sector point to colossal credit gaps with total demand far outstripping the available suppl...
- MSME Day: As the IL&FS crisis unfolded, IFC responded swiftly to provide succorThe World Bank's private-sector lending arm and the largest global development institution focused extensively on the Indian NBFC sector to...
- MSME Day: Here in India to close large developmental gaps, says IFCPart of the World Bank Group, IFC looks to jump-start private-sector development in India. The country, however, has plenty of challenges a...
- Urgent need to make trade finance more popular among bankers, MSMEs: CII’s Shreekant SomanyLack of access to affordable trade finance often restricts MSMEs' access to global market by restricting the flow of working capital.
- After IL&FS crisis, SIDBI says will continue to support good NBFCsSIDBI says its focus has always been on qualitative, high rated NBFCs who are actually rendering some service to MSMEs.
- India’s rapid strides towards globalisation cannot be a race to the bottom: ILOWorkforce inequality, wage disparity and poor working conditions in the informal sector pose a big threat to India’s development.
- India’s reforms under Ease of Doing Business will still take a few years to be felt: World BankEmpirical evidence shows us that SMEs tend to suffer the most from onerous regulatory compliance requirements imposed by governments.
- India’s policies have incentivised firms to remain micro & small: ILOMSMEs in India are the second largest employer after agriculture with more than a million jobs created annually.
- Made in India, made for India version of Industry 4.0 needed: UNIDO’s René Van BerkelUNIDO is the specialized agency of the United Nations that promotes industrial development for poverty reduction, inclusive globalization a...
- Indian MSMEs shunning Jugaad, embracing sustainability & inclusive development: UNIDOAccording to the IFC, informal firms are estimated to account for around 74% of all MSMEs in the world, and about 77% of all MSMEs are base...
- As trade wars roil global markets, exporters are set for a difficult time: FIEO’s Ajay Sahai"We are not a major player who commands 10% of the global trade. Therefore little downfall in trade will affect," he said.
- The enablers: These changemakers are helping millions, breaking barriersAcross India, with their set of unique product offerings, many new age, tech-led players such as Payworld, ShopX and Shiprocket are playing...
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