With Rs 10.7 lakh crore locked up annually in delayed payments to MSMEs, most enterprises struggle to maintain working capital for their day-to-day functions.
Mukesh Mohan Gupta, President, Chamber of Indian Micro, Small and Medium Enterprises (CIMSME) and CEO, Nodefaulters.com shares precautionary measures and legal know-how for MSMEs to manage delays in payments at #MSMEBusinessConclave.
#MSMEBusinessConclave #msme
MSMEs touch the lives of every citizen of the country whether it is the neighborhood kiranawala going out of the way to deliver groceries at the eleventh hour or the next-door boutique making the favourite dress or even the small factory on the city’s outskirts supplying several components to one's favourite car brand.
To commemorate the integral role small businesses play in everyday lives and in a country's inclusive growth, FinancialExpress.com had organised #MSMEBusinessConclave on World MSME Day starting on June 27, 2022, and concluding on June 30, 2022.
The MSMEs Day series highlighted the areas that have the potential to offer a transformational change in the MSME sector. Spread over four days, it brought together regulators, MSME associations, small business owners, bankers, and technology service providers to deliberate on policies and solutions for the long-term sustainable growth of the sector.
Mukesh Mohan Gupta, President, Chamber of Indian Micro, Small and Medium Enterprises (CIMSME) and CEO, Nodefaulters.com shares precautionary measures and legal know-how for MSMEs to manage delays in payments at #MSMEBusinessConclave.
#MSMEBusinessConclave #msme
MSMEs touch the lives of every citizen of the country whether it is the neighborhood kiranawala going out of the way to deliver groceries at the eleventh hour or the next-door boutique making the favourite dress or even the small factory on the city’s outskirts supplying several components to one's favourite car brand.
To commemorate the integral role small businesses play in everyday lives and in a country's inclusive growth, FinancialExpress.com had organised #MSMEBusinessConclave on World MSME Day starting on June 27, 2022, and concluding on June 30, 2022.
The MSMEs Day series highlighted the areas that have the potential to offer a transformational change in the MSME sector. Spread over four days, it brought together regulators, MSME associations, small business owners, bankers, and technology service providers to deliberate on policies and solutions for the long-term sustainable growth of the sector.
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