Discover and read the best of Twitter Threads about #msme

Most recents (24)

ZED provides the following hand-holding support to MSMEs:

a. Assessment of current quality levels against ZED parameters.
b. A structured approach to quality improvement.
c. Guidance from trained professionals at every step of the way. Image
d. Guidance on best practices, process optimization, waste reduction, and customer satisfaction.
e. Financial incentives for achieving higher ZED ratings.

ZED-certified MSMEs are eligible to apply for:
1. INR 2 lakh for support through consulting organisation.
2. INR 3 lakh for technology upgradation.
3. 10% additional subsidy for MSMEs owned by women/ SC/ ST entrepreneurs or MSMEs in NER/ Himalayan/ LWE/ island territories/ aspirational districts.
Read 6 tweets
I don't know what it is about Indians and their complete aloofness to #Privacy & #DataSecurity. 5 years back I used to get 1 spam call a day. Today I get 15-20. I have been asked to download @truecaller by 1 in 2 people that I know and could not stop laughing. Most folks (1/n)
(2/n) don't even know how #cookies & #consentmanagement works. Let's clarify a few things about Truecaller.
1) It's a firm registered in #Stockholm started by Nami Zarringhalam and Alan Mamedi. Mamedi is a Kurdish born in a refugee camp in northern Sweden, while Zarringhalam..
(3/n) is of Iranian descent. The apps biggest market in India because they how callous we are with our #PersonalIdentifiableData. Now let's understand how this app works. Even if you DO NOT consent to open up your address book, it can collect your entire personal data from a.....
Read 8 tweets
Addressed around 950+ entrepreneurs from all over Maharashtra (36 districts,100 talukas) participating in a convention organised by Laghu Udyog Bharati on MSME,this evening in Mumbai.
LaghuUdyogBharati Maharashtra President Ravindra Vaidya ji & other dignitaries were present too. ImageImageImageImage
Also released a handbook of all MSME related information useful for the entrepreneurs, compiled by LUB, on this occasion. ImageImage
Spoke on the importance of #MSME in Nation’s economy, global competitiveness, quality, how world eyes India as a HOPE in global trade, Maharashtra’s approach and aggressive efforts to improvise the hassles created in last 2 years ! ImageImage
Read 4 tweets
62/bbr “The J curve of Institutional reform” (2020)… showed that anti-black money crusade can’t b sustained w/o Institutional reform. Corruption is a systemic problem in India(origin Bureaucratic Socialism) & can only b solved by policy+institutional reform
63/bbr This is encouraging, but more needs to be done wrt #EODB/#EORC and to translate the policy reforms announced during last 3 yrs into rules, regulations & simpler procedures for producers & exporters.…
Read 17 tweets
1/12 Our government, since when @PMOIndia @narendramodi took office, is
devoted to the welfare of the poor.We’ve taken a number of steps to help the poor and middle class. As a result, the average inflation during our tenure has remained lower than during previous governments.
2/12 Today, the world is passing through difficult times. Even as the world is recovering from Covid-19 pandemic, the Ukraine conflict has brought in supply chain problems and shortages of various goods. This is resulting in inflation & economic distress in a lot of countries.
3/12 Even during the pandemic, our government set a paradigm of welfare, especially with PM Garib Kalyan Anna Yojana. This is now acknowledged and appreciated the world over. #PMGKAY
Read 12 tweets
#Banks: Central Bank #DigitalCurrency, #blockchain, #RBI, National Bank for Financing Infrastructure and Development, 100% of post offices will be connected to the core banking system

#Telecom: Rollout of 5G, Production Linked Incentive Scheme, Optical Fibre in villages
#Health: National #DigitalHealth Ecosystem Platform and National Tele #MentalHealth Programme

#Education: 'One class-one TV channel' Programme, #DigitalUniversity, 750 virtual labs, Foreign institutions in #GIFTCity
Read 7 tweets
LIVE UPDATES of Union Budget 2022

Watch live here:

#Budget2022 #UnionBudget
LIVE UPDATES of Union Budget 2022

Watch live here:

#Budget2022 #UnionBudget2022 #PMGatiShakti
LIVE UPDATES of Union Budget 2022

Watch live here:

#Budget2022 #UnionBudget2022 #DigitalBanking
Read 17 tweets
FM @nsitharaman begins her #Budget2022-23 speech by expressing empathy to those who suffered during the pandemic

Says India's growth estimated to be at 9.2%, highest among all large economies

#AatmaNirbharBharatKaBudget Image
Production Linked Incentive(PLI) Scheme for achieving #AatmaNirbharBharat has received excellent response, with potential to create 60 lakh new jobs and additional production of 30 lakh crore during next 5 yrs: FM @nsitharaman

#AatmaNirbharBharatKaBudget #Budget2022 @makeinindia Image

#Budget2022-23 reiterates focus on public investment to modernize infrastructure over the medium term

PM @GatiShakti will pull forward the economy and will lead to more jobs and opportunities for the youth: FM @nsitharaman

#AatmaNirbharBharatKaBudget Image
Read 24 tweets
केंद्रीय अर्थमंंत्री @nsitharaman संसदेत #Budget2022 सादर करण्यासाठी सज्ज झाल्या आहेत

थेट पहा

📡थेट पहा📡

केंद्रीय वित्त मंत्री @nsitharaman 2022-23 या वर्षासाठीचा केंद्रीय अर्थसंकल्प संसदेत सादर करत आहेत


📺 Image
ज्यांना #COVID19 चे आरोग्यविषयक आणि आर्थिक दुष्परिणाम सोसावे लागले त्यांच्याविषयी संवेदना व्यक्त करून केंद्रीय अर्थमंत्री @nsitharaman यांच्याकडून #Budget2022 सादर करण्यास सुरुवात

Read 35 tweets

Finance Minister @nsitharaman is presenting the Union Budget 2022-23 in Parliament

#AatmanirbharBharatKaBudget #Budget2022

Watch here📺…
Union Finance Minister @nsitharaman rises to present #Budget2022 in Parliament

Watch 📡LIVE📡:

Stay tuned for updates

FM @nsitharaman begins presentation of #Budget2022 by expressing empathy with those who had to bear adverse health and economic affects of #COVID19 #Pandemic

Overall sharp rebound and recovery of the economy is reflective of 🇮🇳India's strong resilience

Read 82 tweets
Thread On Industrial Progress Of Andhra Pradesh In Last 2.5 Years

#HBDManOfMassesYSJagan Image
కొప్పర్తి సెజ్ - రాయలసీమకు పారిశ్రామిక మణిహారం !

6914 ఎకరాల్లో కొప్పర్తి ఇండస్ట్రియల్ హబ్ ని నిర్మిస్తుండగా.. 3155 ఎకరాల్లో మౌలిక వసతుల నిర్మాణం పనులు శరవేగంగా పూర్తయ్యాయి

ఈ నెల 23న కొప్పర్తి సెజ్ ను ప్రారంభించనున్న సీఎం

#HBDManOfMassesYSJagan ImageImageImageImage
🔸 విశాఖలో రూ. 2500 కోట్ల తో నిర్మిస్తున్న ATG Tyres మానుఫ్యాక్చరింగ్ ప్లాంట్ పనులు శరవేగంగా సాగుతున్నాయి

★ 2014 రాష్ట్ర విభజన తర్వాత ఉత్తరాంధ్రలో నిర్మిస్తున్న అతి పెద్ద ప్రాజెక్ట్ ఇదే


#HBDManOfMassesYSJagan ImageImageImageImage
Read 96 tweets
Among many #fintech #stocks, we studied and feel #UGroCapital can surprise many in coming years.

Why? Will try to cover their biz. transformation, strategy, financials and future prospect in below #Thread 🧵

Do read and let us know you view😊

Here we start..

⭐️Incorporated in 1994 as Chokhani Securities Private Limited then later become public and listed at BSE in 2003
⭐️Earlier mainly focused on securities biz., then tried for other biz. like merchant banker, exp. to Info.& Tech. etc. But without any big success.
⭐️Its transformation journey start from 2017 when current CMD (Mr. Shachindra Nath) took-over & renamed it to 'U GRO Capital'.
⭐️This followed stopping all previous biz and re-capitalization & rebranding with a Tech-enabled MSME Lending Biz. model.
Read 11 tweets
#EXCLUSIVE: Bankers may be working all 31 days of March with the government looking to double the loans doled out under the #PMSVANidhi scheme…

By @pabsgill
@pabsgill Public sector banks are always anxious in March as the financial year draws to a close. It's not uncommon for the management to ask employees to pull a few extra hours at work. However, this year, some public sector bank employees may be working all 31 days of the month.
@pabsgill On the one hand, the Indian government has issued an order asking banks to double the disbursements given out under the #PMSVANidhi scheme. And, on the other, the banks have their own internal targets to meet when it comes to agricultural loans, #MSME credit and other aspects.
Read 10 tweets
Excellent #Budget2021 by @narendramodi govt

16.5 lakh Cr Agri Credit allocation&Rs 1.18 lakh Cr for roads

Massive 34.5% rise Capital Spending at 5.54 lakh Cr

137% rise in Health budget

Income Tax scrutiny reduced from 6 to 3 yrs;No Double taxation of NRIs

#Growth,the focus
Hike in Insurance #FDI from 49% to 74%,pro #Reforms💪

#Dividend income invested In InvITs &REITs,tax free

No advance tax liability on Dividend income


#Disinvestment of BPCL,Pawan Hans,Air India,Concor,IDBI,Beml, Shipping Corp--BIG

64180Cr #Healthcare budget-BIG
5 Mega #Fishing harbours

7 Mega #Textile Parks

Agri Infra Fund to be available to #APMCs

Voluntary #VehicleScrapping policy

20000Cr #Recapitalisation of PSBs

#ARC to take over stressed assets

7 Port projects to be developed via PPP

18000Cr for Bus Transport
Read 9 tweets
#Banking #MSME #loans

வியாபார கடன்களை இருவகைப்படும்

1. Fund based - பணமாக தருவது
2. Non-fund based - உத்திரவாதமாக தருவது

Fund based:
இது மேலும் இருவகைப்படும்

1. Cash credit / Overdraft
2. Term loan

CC / OD: இது உங்கள் தொழிலின் அன்றாட தேவைகளை (working capital) பூர்த்தி செய்ய
வழங்கப்படும். உங்கள் முதலீடானது ஸ்டாக், வர வேண்டிய கடன் (விற்பனைக்கு பிறகு) போன்றவையால் முடங்கி இருக்கும். அதிலிருந்து உங்கள் வியாபாரத்தை சரிவின்றி நடத்த CC / OD பயன்படும். பொதுவாக உங்கள் ஆண்டு டர்னோவரில் 20% ஆக லிமிட் இருக்கும். இதை வைத்து மூலப்பொருள் வாங்க, சம்பளம் கொடுக்க,
மின்கட்டணம், அரசு வரிகள் கட்ட, மூலப்பொருள் வாங்கிய கடன் அடைக்க போன்ற செலவுகளுக்கு பயன்படுத்தலாம். இதை வைத்து எந்தவித சொத்தும் (நிலம், கட்டிடம், இயந்திரம்) வாங்கக் கூடாது. அப்படி செய்தால் உங்கள் working capital கடுமையான பாதிப்புக்கு ஆளாகி தொழில் முடங்கலாம். இதை running limit என்று
Read 11 tweets
Banks have sanctioned Rs 1.87 lakh Cr,to 50.7 lakh units under the Rs 3-lakh crore Emergency Credit Line Guarantee Scheme,#ECLGS,of @narendramodi govt💪

Rs 1.36 lakh Cr has been disbursed to over 27 lakh units in #MSME sector,impacted by slowdown caused by #coronavirus pandemic
Ambit of scheme,expanded to include #MSMEs with turnover of up to Rs 250Cr&individuals for business purposes

As of 5thOct2020,Rs 17460Cr of loans to individuals have been sanctioned,of which 5939Cr has been disbursed

#ECLGS scheme is a big success
#EconomicRecovery #GreenShoots
As many as 33 stranded housing projects with investment of 4197Cr accorded final approval under #SWAMIH scheme

Special window for Affordable&Mid Income Housing Fund #SWAMIH,is working at fast pace to provide relief to 25048 homeowners
#EconomicRecoveryOnTrack #ECLGS #GreenShoots
Read 4 tweets
Anidst the #COVID19 pandemic,the @narendramodi govt came out with a slew of steps to help #MSME sector-- a Rs 40000Cr fund to help distressed units by way of #Equity, Quasi-Equity& #SubordinatedDebt, guaranteed to the tune of 90% by govt's #CGTSME is easing stress!

#Modinomics💪 Image
Read👇 to know about eligibility criteria of #MSMEs that qualify, difference between #SeniorDebt & Subordinate Debt,Intetest Rate that will be charged,etc..

#economy Image
Read 9 tweets
Happy that the central government has expanded the Emergency Credit Guarantee Scheme to include larger firms, self employed individuals and professionals who took loans for business purposes. The scheme was rolled out for MSMEs in the wake of COVID 19 crisis. #MSME
While the banks so far have approved ₹1.36 lakh crore worth of loans to 40 lakh MSME units, the scheme has now been extended to cover enterprises with turnover up to ₹ 250 Crore. #MSME
I hope expansion of the scheme will benefit larger firms and individual professionals like doctors, lawyers and CAs to cope with challenges posed by COVID-19. #MSME
Read 3 tweets
This is the best time for MSMEs to avail the benefit of the financial package to support their businesses, improve liquidity and achieve customer satisfaction. MSMEs are severely impacted due to this pandemic.
#MSME #AatmanirbharBharat #Easitax #financialfreedom
The government has announced a financial package to mitigate the economic distress being faced by these enterprises. And we are here to help!
#MSME #AatmanirbharBharat #Easitax #financialfreedom
Notification dated 26th June 2020 of MSMED Act, 2006 has changed the rules of MSME registration. Every business having udyog aadhaar shall update their details using the udyam registration form till 31st March 2021.

#MSME #AatmanirbharBharat #Easitax #financialfreedom
Read 13 tweets
Received a call from Mr @HardeepSPuri, Hon Min of State for Commerce and Industry, GOI today afternoon. Had a long discussion with him on the steps to Revive the Economy and submitted my inputs for his consideration. (1/n)
Following were my inputs:
1. All announcements made as part of #AtmaNirbharBharat Package were about liquidity infusion & making cash available through Financial Institutions. The focus on demand side is lacking. Govt has to put money in people's hands. (2/n)
2. Govt can categorize sectors into 'minor affected', 'medium affected' & 'severely affected'. Help can be extend to a particular sector either in the form of financial or taxation or others forms based on the category under which a sector falls. (3/n)
Read 18 tweets
BUSINESS EXCELARATOR PROGRAM is a unique program for entrepreneurs to provide practical strategies to identify growth opportunities & overcome current challenges.…

Questions that will be answered in this program:
Question #1: Have you defined department-wise Key Performance Indicators (KPIs) based on specific goals & targets to measure whether your business objectives are achieved?

#performance #business #program #covidsolution #covid19 #msme #AtmaNirbharBharat #lockdown
Question #2: Do you get the Key Performance Indicators (KPIs) of your company as a Business Summary Dashboard on a daily basis to monitor & measure the progress of your company?

#business #program #covidsolution #covid19 #msme #AtmaNirbharBharat #Lockdown5 #startups
Read 24 tweets

What are MSMEs? And why did the #Government set aside ₹3.7Lcr ($49bn) for #MSME support?

As the name suggests, #MSMEs (Micro, Small & Medium Enterprises) are small businesses. Their definition varies by country.

In India, the definition was changed last week.

Previously, MSMEs were defined according to investment in plant/machinery (if they were in #Manufacturing) or investment in equipment (if they were in #Services).

It went like this:

Last Wednesday, @nsitharaman announced a new definition for #MSMEs. Manufacturing & Services were clubbed and a new parameter - annual turnover - was added.

Now it goes like this:

Read 8 tweets
Woke up early to compose a list of top 30 micro and small business ideas that anyone who is looking for a job, a business idea or a side hustle can do. RT and like this. I’ll share later today!
Top 30 micro and small business ideas that anyone looking for a job, a business idea or a side hustle can do. RT & share with friends & followers.
I will deliver a FREE #MSME Masterclass next week. It will cover:

•How to Start a #MSME
•Clarifying your Business Idea
•Customers Segmentation
•Competitor Analysis
•Advertising & Branding
Gaining a Competitive Advantage etc

Follow for more details.
Read 3 tweets
केंद्राने आपल्या पॅकेजमध्ये केवळ लिक्विडीटीवर(लोन)भर न देता प्रत्यक्ष आर्थिक मदत करावी. राज्यांना प्रत्यक्ष अर्थसाह्य, सामाजिक योजनांच्या माध्यमातून लोकांना मदत,#MSME क्षेत्राला आर्थिक मदत व कृषी कर्जावरील व्याजात सवलत द्यावी व त्याच्या पारदर्शक अंमलबजावणीसाठीही एक यंत्रणा असावी.
रोजगारवाढीसाठी नवीन गुंतवणुकीला इन्व्हेस्टमेंट इन्सेंटीव्ह,वाहन कर्जावरील व्याजात सवलत व रोहयोला ताकद द्यावी.होम लोनच्या व्याजात सवलत दिल्यास बांधकाम क्षेत्राला चालना मिळून अकुशल कामगारांना काम मिळेल.प्रत्यक्ष आर्थिक मदतीमुळे क्रयशक्ती वाढून मागणी वाढेल व अर्थव्यवस्थाही गती घेईल.
तसेच या निमित्ताने #मेकइनइंडिया ची राहिलेली अंमलबजावणीही आपल्याला प्रभावीपणे करता येईल. आर्थिक मंदी व कोरोनामुळे निर्माण झालेली आजची परिस्थिती यात खूप मोठा फरक आहे. मंदीत थोडं-फार तरी उत्पन्न मिळत असतं, पण आज सगळंच ठप्प आहे. त्यामुळे यात केंद्र सरकारची भूमिका महत्त्वाची ठरते.
Read 4 tweets

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