Ease of Doing Business for MSMEs: CAIT along with other associations representing MSMEs, small retailers, and more have been making representations to the government in the past few days seeking relief for micro, small and mid-sized businesses.
VCs are currently focusing more on managing their existing portfolio of startups instead of making investments. The focus for startups is on conserving cash as most of the expenses are being diverted towards managing Covid-19 related expenses.
Technology for MSMEs: The decision comes nearly a week after the ministry urged MSMEs in manufacturing or supply of medical and related equipment to register as a supplier on the government’s e-commerce portal GeM.
Credit and Finance for MSMEs: Bank credit as of February-end stood at Rs 89.8 lakh crore out of which Rs 10.95 lakh crore was deployed in micro and small enterprises – 6.7 per cent up from same period last year.
GST and Taxation for MSMEs: While not everything went according to plan, there is no doubt that GST ultimately is suitable for SMEs. The impact of GST on different sectors of the economy has become a never-ending debate.
Softbank had last week said in a statement that its “offer for up to $3 billion worth of shares of WeWork held by other stockholders has ended because certain conditions to the tender offer were not satisfied."
Credit and Finance for MSMEs: From cab booking, on-demand professional services to online deliveries, startups globally have been stepping up to ensure minimal impact of Covid-19 on small businesses, gig workers etc.
Content is increasingly being consumed across an array of devices and platforms, which has shifted the onus away from non-digital platforms while simultaneously heralding the fragmentation of this audience base.