Of RBI’s policy measures for credit

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: to make concerted efforts to provide credit cover to at least five new small/medium enterprises per year on an average, at each of their semi-urban/urban branches. It has also advised banks to adopt the cluster-based approach for financing SMEs and to ensure presence of specialised SME bank branches in identified clusters/centres.

RBI has also constituted empowered committees at its regional offices to review and monitor the progress in SME financing as well as the rehabilitation of sick SSI and ME units, to facilitate and ensure smoother flow of credit.

We want to import second-hand generators from Russia. But we have been getting conflicting answers on whether this can be done. Kindly clarify.
— Amit Agarwal, Bhavnagar, Gujarat

Import of second-hand generators was open till recently.

The director-general of foreign trade has now placed this item on a restricted list. This is to bring it on par with capital goods such as photocopiers, laptops, computers and air conditioners, which can be imported only against a licence.

I plan to open a retail provision store in Dehra Dun with an investment of over Rs 50 lakh. I want to know the details of barcoding and stock management, sales & billing and software solutions for such a store. Could you please help?
—-Vinod K Gupta, (guptavinodk@gmail.com)

Barcoding is one of the IT tools used for automatic data capture. As opposed to manual data entry, which is tedious and prone to error, it enables data capture with near 100% accuracy and in micro-seconds. Barcodes are represented through a series of black bars and white spaces and printed as part of the product/consignment packaging (source marking). Barcoded labels (stickers) are generally pasted or attached as tags to items/consignments.

Barcodes can be used to represent information related to product attributes or supplementary ones—batch number, manufacturing/expiry dates, consigner/consignee, etc. When International Numbering Standards are used as symbology, it enables universal and unique identification of companies and their products/consignments. For more details on bar coding and financial assistance available from the DCSSI’s office, you may visit http://www.smenetwork.net/marketing/barcode.htm.