Inclusion of Retail and Wholesale trades as MSMEs
Minister of MSME and Road Transport and Highways Shri Nitin Gadkari announced revised guidelines for MSMEs with inclusion of Retail and Wholesale trades as MSMEs. The revised guidelines will benefit 2.5 Crore Retail and Wholesale Traders. Retail and wholesale trade were left out of the ambit of MSME, now under the revised guidelines, retail and […]
MSME – SAMADHAAN
The country’s MSME sector is beset by issues, one of which is significant delays in receiving payments from buyers. For small and medium businesses, this results in unsustainable working capital cycles. One of the main reasons they become non-performing assets (NPAs) is because of this. To solve this delayed/non-payment, the government of India has launched […]