Author
The author is a senior correspondent at BW Businessworld
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DBS Bank India and Receivables Exchange of India or RXIL unveil a pre-shipment financing solution on Trade Receivables Discounting System (TReDS) to empower micro, small and medium enterprises (MSMEs)
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The pre-budget consultations started on 19 June 2024 in the Ministry of Finance and were chaired by Nirmala Sitharaman
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As business operations and compliance increasingly move to digital platforms, women entrepreneurs in rural or underdeveloped areas may face challenges due to limited access to technology and digital literacy, says Nidhi Bhasin, CEO, Nasscom Foundation
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India has more than 70 million micro, small and medium enterprises (MSMEs), creating over 111 million jobs and contributing nearly 30 per cent to gross domestic product (GDP)
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The Digital Competition Bill (DCB) may create a false sense of "fairness" but will limit choices for small businesses. Experts note that the DCB removes valuable services provided by big platforms
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For India, rising government debt is a pain point and experts note that it must be resolved by converting central and state PSUs to listed entities
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In a pre-budget meeting with union finance minister Nirmala Sitharaman, industry bodies such as PHDCCI, FICCI and Assocham suggest bolstering Indian micro, small and medium enterprises (MSMEs) and helping them overcome monetary hurdles
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The tax processes, harassment and intimidation by state tax authorities are pulling the clock back for ease of doing business, say experts
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Lesser women in the Lok Sabha could have an impact on the diversity of standpoints or perspectives in policymaking and potentially slow down the advancement of legislation that addresses women's issues and broader economic and social concerns, industry leaders say
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The MSME sector expects the new government to enhance access to credit, simplify regulatory frameworks, and provide robust support for digital transformation
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