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How to tackle delayed payments to MSMEs -Bhaven Shah and Garv Sultania

-The Hindu Business Line Faster and more effective, Online Dispute Resolution has gained wide recognition from the judiciary, govt and business entities Contributing 29 per cent to India’s GDP and 40 per cent of India’s exports, 6.3 crore micro, small and medium enterprises (MSMEs) provide employment to 21 per cent of India’s workforce translating into 80 million jobs. However, MSMEs continue to face serious issues and disputes relating to delayed payments that choke...

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Govt data: Only 18% of 1 crore registered MSMEs owned by women Entrepreneurs -Parvathy Pillai

-Financial Express Ease of Doing Business for MSMEs: As of August 3, 2022, 17,96,408 enterprises were women-owned MSMEs out of the total 99,58,903 MSMEs registered on the Udyam portal. Ease of Doing Business for MSMEs: 18 per cent of micro, small and medium enterprises (MSMEs) registered in the country are owned by women Entrepreneurs, according to government data. As of August 3, 2022, 17,96,408 enterprises were women-owned MSMEs out of the total...

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The challenges of Gig-Economy -Ashish Kumar Singh & Akash Singh

-CounterCurrent.org According to a NITI Aayog recent report titled ‘India’s Booming Gig and Platform Economy’ India’s gig workforce, estimated to be at 77 lakh in 2020-21. It is expected to go up to 2.35 crore by 2029-30. Gig worker are defined by Niti Aayog as those engaged in livelihoods outside the traditional employer-employee arrangement. Gig workers can be broadly classified into platform and non-platform-based workers. Platform workers are those whose work...

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Greening India through cooperatives -Hema Yadav and Manisha Paliwal

-The Hindu Business Line They have shown the way in water conservation, waste management and solar energy Be it climate change adaptation or mitigation, cooperatives have set the agenda to collectively provide solutions to the looming impact of rising temperature, loss of jobs, depletion of water resources, degradation of land and forest resources and accumulation of wastes leading to health hazards. The explicit adoption of eco-social agendas by cooperatives is contributing to co-op...

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Upper-caste businesspersons own 61.8% of micro, small and medium firms in India: Government data

-Scroll.in Entrepreneurs from the Scheduled Caste category own 6.8% of these enterprises, while those in the Scheduled Tribe category own just 2.1% of them. People belonging to the general category own 61.8% of all the micro, small and medium enterprises in India, The Hindu reported on Wednesday, citing government data. The Mandal Commission, which looked into the question of Other Backward Class reservation, has defined general category as groups that are “socially and...

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