Tag: Shreekant Somany

‘MSMEs all set to embrace GST challenges’

The CII MSME Summit titled, ‘Breaking Barriers to Excellence: Unlocking Hidden Potential,’ echoed the preparedness of MSMEs to adopt the GST regime. Alongside, the MSMEs seek support from the government for training and awareness programmes on how to implement it, which is critical fo…

RBI formulating framework to ease flow of credit to MSMEs

CII-CRISIL Report recommends action points to increase MSME ratings  The Reserve Bank of India (RBI) is initiating a process for putting in place a framework for accreditation of credit counsellors who are expected to serve as facilitators and enablers for micro and small entrepreneurs. RBI Deput…

MSMEs need to tap procurement policy

The number of micro, small and medium enterprises in Rajasthan enrolled with the National Small Industries Corporation to participate in tenders floated by various government departments and PSUs is small even though the public procurement policy offers them opportunities to get bulk orders, a to…