Msme Updates: The forums were launched by MSME secretary Archana Patnaik, Thyrocare founder Velumani Arockiaswamy and others in the presence of StartupTN CEO Sivarajah Ramanathan and other officials.
The major policies that are lined up for the launching include the Jharkhand Export policy, MSME, Start-up and Jharkhand IT Data and BPO promotion policy.
Reserve Bank Of India: Regulatory sandbox usually refers to live testing of new products or services in a controlled/test regulatory environment, for which regulators may (or may not) permit certain relaxations for the limited purpose of the testing.
MSME Updates: According to a press release by ADB, the Asia Small and Medium-Sized Enterprise Monitor 2023, unveiled on Tuesday, underscores key factors for enabling these businesses to thrive and contribute to inclusive and sustainable growth.
In recent times, several developments in India have improved access to formal credit for MSMEs. The government has taken notable initiatives, such as the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme, which provides collateral-free credit guarantees to reduce the risk for lenders and make financing easier for MSMEs