Reclassification of MSMEs- A much-needed policy correction
Recently Govt of India had proposed to amend the classification of SMEs by linking solely to turnover. The move is a much-needed correction to address the policy needs of the…
Read MoreRecently Govt of India had proposed to amend the classification of SMEs by linking solely to turnover. The move is a much-needed correction to address the policy needs of the…
Read MoreMany entrepreneurs while executing the new project, fall to the temptation of revision in the scale of the project without proper funding arrangement and cause misery for themselves. Recently I…
Read MorePrivate Banks are shunning the burden of participating in govt schemes and thereby depriving a section of the population of opportunity to avail credit linked facilities. Recently I came across…
Read MoreRegulations governing the trade, business practice, processes, or products are evolving and now stricter than previously. The speed of executions is posing a serious risk to SMEs. Recently I had…
Read MoreEmphasis on the value of collateral security instead of the technical feasibility & economic viability of the project is leading to recklessness and resulting in distress. Recently I had an…
Read MoreRunning a potential business without sufficient working capital is heartbreaking for any entrepreneur. But a winning strategy has it at its core. Recently I met an entrepreneur who has developed…
Read MoreInternal audit function has potential to improve operating efficiency and improving the health of the organisation for achieving long-term sustainability for SMEs in India Recently I was interacting with one…
Read MoreMany SMEs are looking for diversification strategy to overcome the challenges associated with existing businesses. One needs to tread carefully or it may end in disaster. Recently I had an…
Read MoreThorough planning is extremely important for success. It requires one to devote a significant amount of time in researching various dimensions. Recently I had an interaction with a successful businessman…
Read MoreMany SMEs in India are undergoing severe stress due to disruptive policy actions by the Govt and start-ups are no exception. It requires smarter strategy to ride out the challenge….
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