The Confederation of All India Traders (CAIT) has demanded restoration of MSME status taken away in 2017 from 8 crore retail and wholesale traders who are part of the service industry. The government in June 2017 removed retail and wholesale traders from the MSME category forcing the players either borrow at a higher rate or from informal financial sources, CAIT Secretary General Praveen Khandelwal told PTI. According to banking sources, about Rs 3 lakh crore loans given to them are at the risk of losing a tag of MSMEloan at the end of March when banks do their annual closure. As a result, many banks will face the problem of meeting priority sector lending (PSL) target and the shortfall may have to be parked with Small Industries Development Bank of India (SIDBI) or Micro Units Development & Refinance Agency Ltd (MUDRA).
JUDGMENTS 1. Collusive Commercial Transactions With Corporate Debtor Will Not Constitute Financial Debt Under IBC: Supreme Court [Case: Phoenix Arc Private Limited v. Spade Financial.
Bharat E Market: CAIT launches vendor onboarding mobile app for its e-commerce portal Bharat e Market indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
CAIT launches Bharat e-Market; vendor onboarding starts for the ecommerce portal
CAIT said its purely Indian Bharat e-Market portal will enable businesses and service providers to register on the portal and create their own e-dukaan.
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Traders body CAIT on Thursday launched a vendor onboarding mobile app for its upcoming ecommerce portal Bharat e-Market.
The app will enable businesses and service providers to register on the portal and create their own e-dukaan.
The Confederation of All India Traders (CAIT) said its purely Indian Bharat e-Market portal will comply with all the rules and regulations of the country.
Trader body CAIT launches vendor onboarding app ahead of e-commerce portal
The Confederation of All India Traders (CAIT) said its purely Indian Bharat e Market portal will comply with all the rules and regulations of the country
PTI | March 11, 2021 | Updated 18:41 IST
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Traders body CAIT on Thursday launched a vendor onboarding mobile app for its upcoming e-commerce portal Bharat e Market . The app will enable businesses and service providers to register on the portal and create their own e-dukaan .
The Confederation of All India Traders (CAIT) said its purely Indian Bharat e Market portal will comply with all the rules and regulations of the country.