Most micro and small enterprises suffer from delayed payments for their supplies and services. Several contractual engagements with both the government and public sector undertakings also are not honoured.
In line with the long-standing demand of…
BRIEF: This is an attempt to assess the business of external rating of MSME in particular of accounts with exposure of Rs 500 lacs or above. Internal rating done by…
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002 is a powerful instrument in the hands of the banks and financial institutions (FIs) as secured creditors. This Act helps them…
I define the span of credit dispensation as the time from the date of complete application of a borrowing unit seeking fresh sanction, renewal, and/or enhancement of either of working capital limits or of term loans…
Small and Medium Businesses (SMBs) are supposed to be the backbone of any economy. However, they also have the soft underbelly – that is, when it comes to data protection, SMBs are most vulnerable.…
Today startups are being kick started at an unprecedented rate, especially in India when the government itself has announced attractive schemes for StartUp India and StandUp India.
Along…
A couple of my students of Family Managed Business once came and told me they wanted to go into the business of stationery. I was aghast: with all these years of management studies, research,…
After a prolonged delay, the Ministry of Defence (MoD) released the revised Defence Procurement Procedure (DPP) on March 28, 2016. The document, coming into effect from April 01, 2016, is applicable to all projects which…
Having been focused on family businesses all my working life, I take a great deal of interest not only on the business side of these enterprises, but also the families behind them. I…
Credit Guarantee Trust for Micro and Small Enterprises (CGTME) is implementing the flagship programme of Ministry of MSME to provide guarantee to the Banks for collateral free loan to micro and small enterprises upto the credit…