-Financial Express Trade, import, and exports for MSMEs: Imports from China were up 51.5 per cent from $45.17 billion during the first nine-month period of 2020 to $68.46 billion for the corresponding period of 2021. Trade, import, and exports for MSMEs: China has managed to remain too competitive to be ignored by Indian MSME and other manufacturers for importing goods despite the anti-China sentiment that gained ground last year post border clash...
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‘Process is punishment, govt loves paper’: MSMEs call out unease of doing business in India -Nikhil Rampal
-ThePrint.in Entrepreneurs on social media have been listing pain points of sustaining businesses in India, noting the many compliances and how digitisation hasn't made processes particularly easy. New Delhi: Multiple compliances, large volume of paperwork and a hostile environment are some of the reasons behind the unease of owning small businesses in India, according to entrepreneurs in the country. Several such entrepreneurs took to social media in the past two days to air...
More »With fewer migrants returning in COVID 2.0, U.P. says many stayed back after 1st wave
-The Hindu U.P. was the only State to do a skill mapping exercise of returning migrants last year, says an official Just four lakh migrant workers returned to Uttar Pradesh during the second COVID-19 wave this year, compared to 40 lakh workers after the national lockdown of 2020, indicating many of these workers may not have returned to their earlier workplaces after the first wave and got gainfully employed in U.P., top...
More »2020 lockdown shut 11% women MSMEs, only 1% got back on feet with govt help, finds study -Nilanjana Bargotra, Kartikeya Bhatotia, M P Karthick and Mridulya Narasimhan
-ThePrint.in Krea University researchers surveyed 2,083 non-agricultural enterprises in Bihar, Chhattisgarh, Madhya Pradesh, and Odisha to examine the impact of Covid-19 on women-led MSMEs. Survey of women-based MSME entrepreneurs In an effort to examine the impact of Covid-19 on women-led micro, small and medium enterprises (MSMEs), we surveyed 2,083 non-agricultural enterprises across four states: Bihar, Chhattisgarh, Madhya Pradesh, and Odisha. Specifically, the survey reached rural women entrepreneurs in the intervening period when the...
More »Why do MSMEs rarely get compound interest on delayed payment claims? -Vivek Sharma
-TheLeaflet.in Explaining the predicament of Micro, Small and Medium Enterprises (MSMEs) when opting for payment claims under the MSME Development Act, 2006, VIVEK SHARMA writes about why, in practice, the statutory compound interest enshrined in the law is rarely executed, and offers suggestions to bolster the law and secure the interests of MSMEs in this regard. MICRO, Small and Medium Enterprises (MSMEs) play a significant role in India’s GDP and export story....
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