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SAMADHAAN PORTAL
Over Rs 7.3 lakh crore in MSME receivables stuck due to delayed payments: Basant Kaur, C2FODespite the 45-day mandate, buyers often stick to legacy approval processes, budget-cycle constraints, and face limited accountability for ...
Delayed payments to MSMEs in India decrease to Rs 7.34 lakh crore, but challenges Persist: ReportDelayed payments to MSMEs have reduced to ₹7.34 lakh crore as of March 2024, down from ₹8.27 lakh crore in 2023 and ₹10.7 lakh crore in 202...
ET Make in India SME Regional Summits: Orange City’s ₹30 crore MSME makeoverThe government's war chest includes barcode subsidies and industrial trade fairs to catapult Nagpur enterprises into the global league.
Online resolution for late MSE payments likely from next weekThe government is set to launch Online Dispute Resolution (ODR) next week to expedite delayed payment resolutions for micro and small enter...
MSMEs file 47k claims for dues of Rs 8,025 croreIn FY25, small businesses filed over 47,000 applications on the MSME Samadhaan Portal to recover dues worth ₹8,024.9 crore. The highest num...
Payments of ₹21,108 cr to small firms pending: MSME Samadhaan portalPayments totaling ₹21,108 crore to MSMEs are pending across 90,000 applications on the MSME Samadhaan portal. State governments and central...
SMEs save an average of 10-12 hours a month with Tide’s invoicing featureThe solution targets GST-compliant invoicing and unpaid invoice automation. Over 400,000 SMEs have joined Tide, addressing key challenges i...
Rs 26,000 cr payments pending: MSMEs fail to find ‘samadhaan’ with resolution mechanismThe Samadhaan portal was launched seven years ago to help MSMEs get payments faster. Despite some relief, loopholes in the system tilt it i...
Only 3% of India’s 62 million business owners have SME insurance: ICICI Lombard’s Anand SinghiOur focus on end-to-end risk management for MSMEs through various tailored digital solutions makes us different, says Anand Singhi, Chief o...
Govt requests states, UTs to set up more MSEFCs for quicker disposal of delayed payment-related casesThe total amount due to micro and small enterprises from the buyers of goods and services stood at Rs 1,825.52 crore for the period between...
‘Smart recovery’ for MSMEs with GST payments crossing pre-Covid levels, Udyam registrations over 1-cr mark: Economic SurveyObserving how the government has taken multiple steps to cushion the economic impact of the pandemic on MSMEs, the Survey said that the Atm...
A Rs 5-lakh-crore problem: How Recordent is taking a stab at helping MSMEs deal with unpaid duesThis technology platform, launched during the first wave of Covid, focuses on credit management services to small and medium companies.
Over 66 lakh MSMEs registered on Udyam portal, 95% are micro enterprises, 0.5% medium firms: Economic Survey 2021-22The Economic Survey also highlighted the Champions portal as being an ICT based technology system for making the smaller units big by helpi...
Why MSME Samadhaan scheme is not working, and how to fix itUnder the Samadhaan scheme, MSME facilitation councils in all states have been given the mandate to adjudicate these cases. These councils ...
Budget Session: Key issues addressed in the ParliamentThe finance ministry on Monday said that the financial health of state-run lenders has improved significantly on account of timely recapita...
TReDs was touted as the tool to tackle delayed payments to MSMEs. Did it succeed?TReDS was supposed to be a game changer-a platform that could sort out the issue of delayed payments for MSMEs. Almost five years later, th...
When a Union Minister could not get banks to lend to small businessesThere are several schemes to help the MSME sector access finance from institutional sources, but the banks often shy from lending or make t...
To soon launch programme to fund R&D in SMEs: Niti Aayog's Rajiv KumarStating that Indian SMEs were not growing Rajiv Kumar, Vice Chairman, NITI Aayog said the Government is keen to correct that, "We will soon...
Rahul Gandhi's thinking in ICU: Union minister Giriraj SinghThe Congress vice president in a tweet last week said the economy was in the ICU, and added that "Dr Jaitley's" medicines were ineffective.
Public sector banks, including Punjab National Bank, IDBI, SBI and Bank of India set out on a talent driveIncreased focus on performance has resulted in top b-schools witnessing a rise in exec mgmt programmes taken up by banks to understand lead...