Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Financial inclusion of MSMEs and its impact on society -Hardika Shah    </title>
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Why access to capital for MSME entrepreneurs has the potential to alter India&rsquo;s social fabric

India&rsquo;s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened..."/>
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Why access to capital for MSME entrepreneurs has the potential to alter India&rsquo;s social fabric

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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Why access to capital for MSME entrepreneurs has the potential to alter India&rsquo;s social fabric</em></p><p style="text-align:justify">India&rsquo;s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened up and employment opportunities grew, as did the spending power and standard of living of the average Indian.</p><p style="text-align:justify">As financial access grew, so did social mobility. However, certain sections have lagged behind due to myriad reasons ranging from social barriers to a lack of access to education and financing.</p><p style="text-align:justify">One of these sections is made up of a multitude of micro, small and medium enterprises (MSMEs), which form the foundation of the economy.</p><p style="text-align:justify"><em>Contribution to GDP</em></p><p style="text-align:justify">At present, the sector comprises over 63 million MSMEs and accounts for close to 30 per cent of the country&rsquo;s GDP, 50 per cent of India&rsquo;s exports, and employs over 120 million people. With this vast reach and potential, the sector undoubtedly has a very significant impact on the country&rsquo;s social fabric. Let&rsquo;s explore how Indian MSMEs shape the nation&rsquo;s progress, and the hurdles that hinder them.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/money-and-banking/financial-inclusion-of-msmes-and-its-impact-on-society/article65988282.ece" title="https://www.thehindubusinessline.com/money-and-banking/financial-inclusion-of-msmes-and-its-impact-on-society/article65988282.ece">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.thehindubusinessline.com/money-and-banking/financial-inclusion-of-msmes-and-its-impact-on-society/article65988282.ece" class="re" target="_blank">The Hindu Business Line, 9 October, 2022, https://www.thehindubusinessline.com/money-and-banking/financial-inclusion-of-msmes-and-its-impact-on-society/article65988282.ece</a><div class="clear"></div>
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Why access to capital for MSME entrepreneurs has the potential to alter India&rsquo;s social fabric

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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Why access to capital for MSME entrepreneurs has the potential to alter India&rsquo;s social fabric</em></p><p style="text-align:justify">India&rsquo;s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened up and employment opportunities grew, as did the spending power and standard of living of the average Indian.</p><p style="text-align:justify">As financial access grew, so did social mobility. However, certain sections have lagged behind due to myriad reasons ranging from social barriers to a lack of access to education and financing.</p><p style="text-align:justify">One of these sections is made up of a multitude of micro, small and medium enterprises (MSMEs), which form the foundation of the economy.</p><p style="text-align:justify"><em>Contribution to GDP</em></p><p style="text-align:justify">At present, the sector comprises over 63 million MSMEs and accounts for close to 30 per cent of the country&rsquo;s GDP, 50 per cent of India&rsquo;s exports, and employs over 120 million people. With this vast reach and potential, the sector undoubtedly has a very significant impact on the country&rsquo;s social fabric. Let&rsquo;s explore how Indian MSMEs shape the nation&rsquo;s progress, and the hurdles that hinder them.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/money-and-banking/financial-inclusion-of-msmes-and-its-impact-on-society/article65988282.ece" title="https://www.thehindubusinessline.com/money-and-banking/financial-inclusion-of-msmes-and-its-impact-on-society/article65988282.ece">click here</a> to read more.&nbsp;</p>                                                           
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Why access to capital for MSME entrepreneurs has the potential to alter India&rsquo;s social fabric

India&rsquo;s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened..."/>
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Why access to capital for MSME entrepreneurs has the potential to alter India&rsquo;s social fabric

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                            <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Why access to capital for MSME entrepreneurs has the potential to alter India&rsquo;s social fabric</em></p><p style="text-align:justify">India&rsquo;s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened up and employment opportunities grew, as did the spending power and standard of living of the average Indian.</p><p style="text-align:justify">As financial access grew, so did social mobility. However, certain sections have lagged behind due to myriad reasons ranging from social barriers to a lack of access to education and financing.</p><p style="text-align:justify">One of these sections is made up of a multitude of micro, small and medium enterprises (MSMEs), which form the foundation of the economy.</p><p style="text-align:justify"><em>Contribution to GDP</em></p><p style="text-align:justify">At present, the sector comprises over 63 million MSMEs and accounts for close to 30 per cent of the country&rsquo;s GDP, 50 per cent of India&rsquo;s exports, and employs over 120 million people. With this vast reach and potential, the sector undoubtedly has a very significant impact on the country&rsquo;s social fabric. Let&rsquo;s explore how Indian MSMEs shape the nation&rsquo;s progress, and the hurdles that hinder them.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/money-and-banking/financial-inclusion-of-msmes-and-its-impact-on-society/article65988282.ece" title="https://www.thehindubusinessline.com/money-and-banking/financial-inclusion-of-msmes-and-its-impact-on-society/article65988282.ece">click here</a> to read more.&nbsp;</p>                                                           
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Financial inclusion of MSMEs and its impact on society -Hardika Shah

Published on Oct 9, 2022   Modified on Oct 11, 2022

-The Hindu Business Line Why access to capital for MSME entrepreneurs has the potential to alter India’s social fabric India’s social fabric has undergone a series of transformations since Independence. After the liberalisation of the economy in the 1990s, the market opened up and employment opportunities grew, as did the spending power and standard of living of the average Indian. As financial access grew, so did social mobility. However, certain sections have lagged behind due to myriad reasons ranging from social barriers to a lack of access to education and financing. One of these sections is made up of a multitude of micro, small and medium enterprises (MSMEs), which form the foundation of the economy. Contribution to GDP At present, the sector comprises over 63 million MSMEs and accounts for close to 30 per cent of the country’s GDP, 50 per cent of India’s exports, and employs over 120 million people. With this vast reach and potential, the sector undoubtedly has a very significant impact on the country’s social fabric. Let’s explore how Indian MSMEs shape the nation’s progress, and the hurdles that hinder them. Please click here to read more.

The Hindu Business Line, 9 October, 2022, https://www.thehindubusinessline.com/money-and-banking/financial-inclusion-of-msmes-and-its-impact-on-society/article65988282.ece

Tagged with: MSMEs Micro Small and Medium Enterprises Access to Finance Financial Inclusion

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