MSME is the pillar of economic growth in many developed and developing countries in the world. Though India is still facing infrastructural problems, lack of proper market linkages, and challenges in terms of the flow of institutional credit, it has seen tremendous growth in this … [Read more...] about CREDIT GUARANTEE FUND TRUST FOR MICRO & SMALL ENTERPRISES (CGTMSE) 2023
FOREX ARITHMETIC
INTRODUCTION Banks undertake foreign exchange transactions for their customers. Foreign exchange is associated with foreign trade. The traders in the foreign exchange market (Authorized Dealers/brokers) rely on the two basic forms of analysis viz. fundamental analysis and … [Read more...] about FOREX ARITHMETIC
NATIONAL RURAL LIVELIHOODS MISSION (NRLM)
Government of India launched Swarnjayanti Gram Swarozgar Yojana (SGSY) scheme after restructuring the Integrated Rural Development Programme (IRDP) from April 1, 1999 in the rural area of the country. SGSY was effective up to 31st March 2013. The Ministry of Rural Development, … [Read more...] about NATIONAL RURAL LIVELIHOODS MISSION (NRLM)
CONSUMER PROTECTION ACT 2019
The Consumer Protection Act has been enacted for the purpose of providing timely and effective administration and settlement of consumer disputes and related matters. The Government instead of bringing an amendment in the 1986 Act, enacted a new Act altogether so as to provide … [Read more...] about CONSUMER PROTECTION ACT 2019
Trade Receivables Discounting System (TReDS)
TReDS Platform TReDS is an institutional mechanism set up to facilitate the discounting of invoices for MSMEs. It is an electronic platform for facilitating the financing / discounting of Micro, Small, and Medium enterprises (MSMEs) trade receivables through multiple financiers. … [Read more...] about Trade Receivables Discounting System (TReDS)