MSME: Worldline joins hands with SignCatch to launch Merchant Digitisation Programme to empower MSMEs
Worldline, a payment services player, on Thursday announced the partnership with India based SignCatch, a Retail Tech firm, providing one-stop cloud-based Retail Solutions for MSMEs to roll out the Merchant Digitisation Programme (MDP) through Worldline’s Android POS terminals. Under the partnership, SignCatch and Worldline will enroll a base of 100,000 merchants in India, leveraging SignCatch’s…
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Msme News | Msme Digitization: MSME Minister Narayan Rane launches FIRST to support MSME digitisation in India
Union MSME Minister Narayan Rane on Monday announced the launch of FIRST, the Forum for Internet Retailers, Sellers, and Traders in the presence of over 400 retailers and seller organizations. The aim of FIRST is to create awareness and support MSMEs across India on the opportunities that will help them go digital and become self-reliant….
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Msme sector: NBFCs poised to capitalise on $120 billion funding deficit in MSME sector
Avendus Capital, an investment banking franchise, launched a thought paper on the deal flow and profitability potential that NBFCs (Non-Banking Financial Companies) in the MSME (Micro, Small and Medium Enterprises) lending space present on Monday. According to the study, there exists a whitespace in the form of over $120 billion funding deficit in the small…
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mSME: Godrej Capital launches NIRMAAN, a digital platform to help MSMEs grow their businesses
Godrej Capital, the financial services arm of the Godrej Group, on Monday announced its new digital platform, Nirmaan, to provide MSME owners an all-inclusive opportunity to grow their businesses. Carefully curated, Godrej Capital Nirmaan packs a range of partners that provide services critical to the growth of MSMEs.The MSMEs in the country today face challenges…
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MSME: Recordent revamps tech stack to provide automation for MSMEs
Hyderabad: Recordent, a new-age credit management platform, has upgraded its technology stack to provide end-to-end Credit-to-Cash (C2C) management for MSMEs, reinventing the credit management industry. The automated and seamless Credit-to-cash process shall help businesses to optimise resources better, improve collections, mitigate credit risks and increase efficiencies. The platform adds two unique features: legal notices and…
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Nirmala Sitharaman: BJP rule marked by Seva, inclusion, MSME growth: Nirmala Sitharaman
The NDA government at the Centre has provided excellent governance with zero corruption and efficient use of money in the last nine years, Union Finance Minister Nirmala Sitharaman said on Friday. Addressing an intellectuals’ meet organised by the district unit of BJP in Udupi, she said the BJP rule was marked by “Seva, inclusion and…
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New Tax Regime: FM says no income tax for people earning up to Rs 7.27 lakh per annum under new tax regime
Finance Minister Nirmala Sitharaman on Friday said the Narendra Modi government has provided several tax benefits to middle class people, including income tax exemption for those earnings up to Rs 7.27 lakh per annum. Asserting that no section of the society has been left out by the government, she mentioned about skepticism in certain quarters…
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MSME sector: Economists see MSME sector to be worth Rs 1 trillion by 2028
Investing in digital infrastructure and the services industry is crucial for India’s future growth, according to Subhash Chandra Garg, Former Secretary, Government of India. Speaking at the seminar on Growth Prospects of Indian Economy 2023-24 organised by PHD Chamber of Commerce and Industry (PHDCCI) on 12 April 2023, Garg highlighted the importance of being realistic…
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bb swain: MSME sector to soon become the largest employer of the country: B B Swain, MSME Secretary
Despite facing a challenging phase, the country’s MSME sector continues to create employment and foster entrepreneurship across the length and breadth of the country, said B B Swain, Secretary, Ministry for Micro, Small and Medium Enterprises (MSMEs). “I don’t think we are very far away from the situation when this sector becomes the largest employment…
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ET MSME Talks: Industry experts spotlight why healthcare is critical for ensuring MSME growth and building resilient MSMEs
“India has almost 50 to 60% of their medical expenses as out of pocket expenses compared to a global number of about 18%. And you can just imagine the kind of potential that we have in India today when it comes to health benefits. I think today not only insurance, but a well rounded healthcare…
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