SMEs in Distress- Beware of ‘Soldiers of Fortune’
When in distress, many SMEs chase new money and normally end in traps of mischievous elements who make tall promises and swindle money. I recently met one entrepreneur after a…
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A financial safety net for MSME workers: simplified
Govt has implemented few products that benefit the workers of MSMEs if implemented comprehensively. Recently I had an opportunity to survey the financial safety net implementation by the rural population…
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Equitable Access to MUDRA Loans – a need of the hour
MUDRA loans can transform the lives of many micro-enterprises at the lower end of economic strata, however, the delivery process requires to be toned up. I have been tracking a…
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Book Keeping and Disclosures- A need than mere compliance for MSMEs
Many MSMEs treat disclosure in the financial statements merely a statutory compliance than an opportunity to know more deep onto their finances. Recently I came across an instance of an…
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Loan restructuring support for MSMEs- A positive step.
RBI’s recent move to permit banks to restructure loans of MSMEs without classifying as NPA is seen as positive for stressed MSMEs In a significant step, RBI has allowed a…
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