Eight months after its roll out, Government's Rs 3-lakh crore ECLG scheme helped some, bypassed other
For Covid-stricken small businesses, the ECLG scheme was to be a savior. After eight months, the results may be mixed.
Small businesses looking to sell online face a GST anomaly: FISME's Animesh Saxena
Covid-hit MSMEs are all geared up to capitalise on the onl...
Quarterly GSTRs pose new hurdles for MSMEs
Reconciliation mismatch, input credit tax and cash flow are getting blocked for larger companies w...
The fault in our approach: India’s self-reliant push fails to recognize cottage industry as critical constituent
The road to self-reliance seems to have bypassed millions of tiny businesses. Warped policies hurt them even more.
Fail to scale: India’s manufacturing aspiration confronts the ‘missing middle’
Millions of small units, a handful of large ones and a sprinkling of mid-sized firms characterise Indian manufacturing. The result–low productivity and an anemic growth in employment.
Patchy recovery means surviving beyond this fiscal will be a big problem for many small businesses
Six months after India went into a nationwide lockdown, millions of small businesses in the country are finding it very difficult to sustain. For many, this financial year may be their last.
Small companies' NPAs set to go up, job cuts on the cards
As much as 61% MSMEs are not in a position to service loans from September, the survey conducted by Skoch Consultancy Services in association with the FISME revealed.
The big owe: How do you fix Rs 5-lakh crore in dues? Strengthen TReDS
To tackle the humongous level of unpaid dues, the Trade Receivable Discounting System (TReDS), an online bill discounting platform, was meant to be the answer. Six years after its launch, the platform may have come up woefully short.
Only 30 to 40% MSME units have opened for work in Unlock Phase 1: FISME’s Animesh Saxena
Even as factories around the country open up gradually, the fear of Covid-19 remains. Migrant workers are reluctant to come back. Most SMEs are working with marginal staff and the question on everyone mind is, when will things become normal again?
Not many takers for Govt’s collateral free loan: FISME’s Animesh Saxena
The Government’s Rs 3-lakh crore collateral free loan scheme is not finding many takers because it comes with a cost-burden, with an interes...
44% MSMEs feel stimulus package not good enough
Forty four per cent of respondents said the relief measures announced by the government earlier this week did not meet expectations and 86% wanted direct cash support from the government.
For MSMEs, Finance Minister's Rs 3-lakh crore credit guarantee may not lead to assured benefits
The measures may seem big on numbers, but many are skeptical if it can translate into meaningful gains.
Trade in the time of Coronavirus: Sectors overdependent on Chinese imports face a grim reality
The sector that is under severe stress is the electronics industry. A significant share of inputs required in electronics components manufacturing has traditionally been sourced from China.
In the future of manufacturing, what's your strategy?
Can embracing an innovative approach also translate into commercial gains? Experts are of the view that the nation's manufacturing firms will need to focus on developing capabilities in innovation and not merely rely on jugaad.
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.