International institutions such as The World Bank, International Finance Corporation, Asian Development Bank, etc. have an exclusive focus on SME sector’s promotion. (Representative image) By M H Bala Subrahmanya Small and Medium Enterprises (SMEs) occupy a place of strategic significance in the world economy, because they account for a considerable proportion of total enterprises, employment,
Cafe SME
As against CIRP, which follows ‘creditor in control’ model, the pre-pack process would work on ‘debtor in possession’ model. By Harish Kumar and Itee Singhal Ease of Doing Business for MSMEs: The pre-pack insolvency resolution process (pre-pack process), which has been in many discussions since the publication of the Insolvency Law Committee’s (committee) recommendations on
By the mid-1980s, both cities came to have vibrant modern industrial clusters comprising engineering and electronics industries. By M H Bala Subrahmanya An important development in the recent decades noticed all over the world, particularly in developed and emerging economies, is the rapid and increasing emergence of tech start-ups. This holds good for India as
Although it may make sense to limit trading at retail shops and prevent overcrowded markets, a similar blanket approach for home-delivery of products does not seem logical. By Vinod Kumar Ease of Doing Business for MSMEs: In the past one month, India has seemingly come a full circle around one of the most devastating years
“We want to grow above 10 per cent in sanctioned rate this year.” Credit and Finance for MSMEs: Launched by Prime Minister Narendra Modi in November 2018, SIDBI’s 59-minute loan approval scheme for MSMEs has managed to sanction only 2,29,883 loans involving Rs 75,944 crore as of March 31, 2021. The growth in sanctioned loans