The presentation covers the ecosystem of MSMEs in India, the challenges faced by entrepreneurs, GoI Initiatives, MSME Schemes provided by the government to encourage new enterprises, Opportunities available and the reasons of failure of new ventures and finally, details of the secors which provide opportunities for entrepreneurs to start a new business.
c.paramasivan Financial inclusion and its impact on economic developmentchelliah paramasivan
1) The document discusses financial inclusion and its impact on Dalit entrepreneurs in India. It analyzes how financial assistance from institutions like the Tamilnadu Industrial Investment Corporation (TIIC) promotes entrepreneurship among Dalits. [2) TIIC provides various loans and subsidies to micro, small and medium enterprises. About 40% of its assistance goes to first generation entrepreneurs, including Dalits. [3) The paper examines how schemes like capital subsidies, interest subsidies, and single window clearances have benefited Dalit entrepreneurs by improving their access to financial resources and strengthening their businesses.
The document discusses Small and Medium Enterprises (SMEs) in Bangladesh and the government's efforts to promote and finance them. It begins by redefining SMEs based on employee numbers and investment levels. It identifies 132 potential SME sectors and notes that manufacturing, trade, and services are most common. The Bangladesh Bank leads various policy reforms to increase SME access to finance, including refinancing windows and priority for small entrepreneurs. SME lending by banks has grown steadily. SMEs are estimated to contribute 30% to GDP and provide many jobs. The Bangladesh Bank and SME Foundation hold an SME fair to promote the sector and award top performing banks.
- The document discusses financing of small and medium enterprises (SMEs) in Bangladesh. It notes that SMEs make up a large portion of the economy in Bangladesh and contribute significantly to GDP, employment, poverty alleviation, and other factors.
- However, SMEs face several constraints in obtaining financing, such as limited access to capital, high interest rates, lack of infrastructure and market opportunities, and information gaps. Commercial banks provide some financing but their involvement remains limited due to perceived high risks and costs of lending to SMEs.
- The study aims to identify constraints related to SME financing and provide policy implications. It reviews several other studies on SME financing challenges in Bangladesh and other countries
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...chelliah paramasivan
This document discusses financial inclusion and its impact on Dalit entrepreneurs in India. It provides background on financial inclusion initiatives aimed at providing banking and financial services to Dalits. It then discusses how the Tamil Nadu Industrial Investment Corporation (TIIC) provides various loans, subsidies and schemes to support Dalit entrepreneurs through initiatives like the New Entrepreneur cum Enterprise Development Scheme. The document also provides data on the types of assistance, subsidies, capital structure and performance of TIIC in supporting Dalit entrepreneurs over the years.
This document discusses financing for micro, small, and medium enterprises (MSMEs) in India. It defines MSMEs based on investment levels and classifies them under priority sectors. It outlines various manufacturing and service activities eligible for MSME financing. It also describes the types of credit facilities available to MSMEs, including term loans, cash credits, and letters of credit. Processing procedures for loan applications are explained, along with guidelines on maintaining application registers and rejecting proposals.
Strategies to raise funds by government and innovative source of funding the public projects with the collaboration with various stakeholders in the Economy. The article published in Free Press Journal.
The MSME-Development Institute is headed by the Development Commissioner for Micro, Small & Medium Enterprises under the Government of India. It formulates and monitors policies and programs for promoting MSMEs. The MSME-DI in Nagpur provides various services like consultancy, guidance, training to MSMEs in 11 districts of Vidarbha region. It assists MSMEs with technical support, project reports, quality control, energy conservation and more.
Role of financial institutions in support of women entrepreneurial activities...uma reur
The document outlines the syllabus for the Women Entrepreneurship course in the 2nd semester of B.Com at Smt. V G Degree College for Women. It discusses 5 units that make up the course: 1) Introduction to women entrepreneurship, 2) Opportunities and challenges faced by women entrepreneurs, 3) Role of financial institutions in supporting women's entrepreneurial activities, 4) Government schemes for promoting women entrepreneurship, and 5) Project identification and formulation. Unit 3 specifically focuses on the role of organizations like SIDBI, DIC, CEDOK, and RUDSETI in providing long and short-term financing to support women entrepreneurs. The overall goal of the course is to familiarize
c.paramasivan Financial inclusion and its impact on economic developmentchelliah paramasivan
1) The document discusses financial inclusion and its impact on Dalit entrepreneurs in India. It analyzes how financial assistance from institutions like the Tamilnadu Industrial Investment Corporation (TIIC) promotes entrepreneurship among Dalits. [2) TIIC provides various loans and subsidies to micro, small and medium enterprises. About 40% of its assistance goes to first generation entrepreneurs, including Dalits. [3) The paper examines how schemes like capital subsidies, interest subsidies, and single window clearances have benefited Dalit entrepreneurs by improving their access to financial resources and strengthening their businesses.
The document discusses Small and Medium Enterprises (SMEs) in Bangladesh and the government's efforts to promote and finance them. It begins by redefining SMEs based on employee numbers and investment levels. It identifies 132 potential SME sectors and notes that manufacturing, trade, and services are most common. The Bangladesh Bank leads various policy reforms to increase SME access to finance, including refinancing windows and priority for small entrepreneurs. SME lending by banks has grown steadily. SMEs are estimated to contribute 30% to GDP and provide many jobs. The Bangladesh Bank and SME Foundation hold an SME fair to promote the sector and award top performing banks.
- The document discusses financing of small and medium enterprises (SMEs) in Bangladesh. It notes that SMEs make up a large portion of the economy in Bangladesh and contribute significantly to GDP, employment, poverty alleviation, and other factors.
- However, SMEs face several constraints in obtaining financing, such as limited access to capital, high interest rates, lack of infrastructure and market opportunities, and information gaps. Commercial banks provide some financing but their involvement remains limited due to perceived high risks and costs of lending to SMEs.
- The study aims to identify constraints related to SME financing and provide policy implications. It reviews several other studies on SME financing challenges in Bangladesh and other countries
C.PARAMASIVAN ,PERIYAR EVR COLLEGE , TIRUCHIRAPPALLI Financial inclusion and ...chelliah paramasivan
This document discusses financial inclusion and its impact on Dalit entrepreneurs in India. It provides background on financial inclusion initiatives aimed at providing banking and financial services to Dalits. It then discusses how the Tamil Nadu Industrial Investment Corporation (TIIC) provides various loans, subsidies and schemes to support Dalit entrepreneurs through initiatives like the New Entrepreneur cum Enterprise Development Scheme. The document also provides data on the types of assistance, subsidies, capital structure and performance of TIIC in supporting Dalit entrepreneurs over the years.
This document discusses financing for micro, small, and medium enterprises (MSMEs) in India. It defines MSMEs based on investment levels and classifies them under priority sectors. It outlines various manufacturing and service activities eligible for MSME financing. It also describes the types of credit facilities available to MSMEs, including term loans, cash credits, and letters of credit. Processing procedures for loan applications are explained, along with guidelines on maintaining application registers and rejecting proposals.
Strategies to raise funds by government and innovative source of funding the public projects with the collaboration with various stakeholders in the Economy. The article published in Free Press Journal.
The MSME-Development Institute is headed by the Development Commissioner for Micro, Small & Medium Enterprises under the Government of India. It formulates and monitors policies and programs for promoting MSMEs. The MSME-DI in Nagpur provides various services like consultancy, guidance, training to MSMEs in 11 districts of Vidarbha region. It assists MSMEs with technical support, project reports, quality control, energy conservation and more.
Role of financial institutions in support of women entrepreneurial activities...uma reur
The document outlines the syllabus for the Women Entrepreneurship course in the 2nd semester of B.Com at Smt. V G Degree College for Women. It discusses 5 units that make up the course: 1) Introduction to women entrepreneurship, 2) Opportunities and challenges faced by women entrepreneurs, 3) Role of financial institutions in supporting women's entrepreneurial activities, 4) Government schemes for promoting women entrepreneurship, and 5) Project identification and formulation. Unit 3 specifically focuses on the role of organizations like SIDBI, DIC, CEDOK, and RUDSETI in providing long and short-term financing to support women entrepreneurs. The overall goal of the course is to familiarize
The document discusses SIDBI, an Indian financial institution that provides financing support to small and medium enterprises (SMEs). It notes that SMEs play an important role in India's economy, contributing to manufacturing, exports, employment, and GDP. SIDBI was established to boost SME industries through refinancing banks that provide loans to SMEs, as well as direct financing. Over time SIDBI has expanded its services and products to better support the financial needs of SMEs. It currently provides refinancing, bill financing, project financing, and other resources to help SME industries grow and develop.
Govt policies & schemes for entreprise developmentAmit Attri
The document outlines various government policies and schemes in India to promote entrepreneurship and startups. It discusses programs like Startup India, Standup India, Make in India, Skill India, Atal Innovation Mission and others that provide funding, tax benefits, incubator support, and skill development initiatives. The goal is to boost job creation, promote innovation and technology, and generate wealth and economic growth through entrepreneurship.
This document discusses opportunities for rural entrepreneurship in India through MSMEs and startups. It outlines how the MSME sector provides employment and plays a crucial role in industrialization. It describes government schemes like Startup India that promote entrepreneurship through simplifying processes, providing finance support and networking opportunities. Institutions like KVIC assist in establishing khadi, village industries and handicrafts to generate self-employment and develop rural areas. Business incubators also help new companies by offering office space and training.
This document provides an overview of financial inclusion through direct benefit transfer (DBT) in India. It discusses several major social defense schemes implemented through DBT, including the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the National Social Assistance Programme (NSAP), and the PratyakshaHastaantaritLaabh (PAHAL) or Direct Benefit Transfer for LPG (DBTL). The document also reviews several studies on topics related to financial inclusion and DBT in India. Key initiatives by the government to promote financial inclusion through programs like Pradhan Mantri Jan Dhan Yojana are also summarized.
Institutional support for business enterprisesMubarak S
The document discusses various types of institutional support provided by the government and government-supported organizations to promote business enterprises in India. It outlines the stages of business promotion that these institutions assist with, including inception, operational, and expansion stages. Finally, it lists specific national and state-level institutions that provide financing, training, marketing assistance and other resources to help entrepreneurs at different stages of their business development.
SIDBI stands for Small Industries Development Bank of India. It is an independent financial institution aimed to aid the growth and development of micro, small and medium scale enterprises in India. It was set up in 1990 through an act of parliament as a wholly owned subsidiary of Industrial Development Bank of India. SIDBI's mission is to empower the Micro, Small and Medium Enterprises sector to contribute to economic growth, employment generation, and balanced regional development. It provides financial assistance to small scale industries, which contribute significantly to national production, employment, and exports.
This document discusses entrepreneurial support systems for micro, small and medium enterprises (MSMEs) in India. It outlines how enterprises are classified based on investment levels, and describes various policy initiatives, financial support schemes, and the role of District Industries Centers in promoting MSMEs. Concessions, incentives, and export promotion facilities aim to generate employment, disperse industries across areas, and earn foreign exchange through supporting small businesses.
Microfinance and Entrepreneurship DevelopmentIJLT EMAS
The roots of Microfinance were seen in the 19th century but these little roots took the shape of trees in the 20th century. These trees were grown by a very famous personality named Prof. Mohammed Yunus. He won noble prize for this work. He was very much moved emotionally by seeing the financially poor condition of his countrymen and that emotional outlet was in form of Microfinance under Grameen Model for the development and poverty alleviation and uplifting the standard of living of his countrymen. Seeing this tree grow many nations all over the world thought of joining hands and to make theses scattered trees grow into a dense forest. And their efforts really started bearing fruits on these trees. In the same time NABARD (National Bank for agricultural and Rural Development) took the initiative to bring the same changes in the rural areas of India. And as the time moved further the gloomy faces of people started changing into the smiling faces as slowly and steadily money started rolling into their hands and they started to move out of the clutches of money lenders. “Microfinance in India works under 4 major models a) Self Help Group b) Grameen Model c) Joint Liability Group d) Co-operative society”- [1]
Microfinance Institutions are in great favor of lending money to female category of the society because they feel the female fraternity is very much sensitive towards their family so they work hard order to repay the loan amount well in time. Microfinance works at the very root level so the major economic disturbances like the issue of 2007 and 2011 does not have the impact on economic life of the citizen of nation. Microfinance has the major role to play in the flagship programme of government of India started by Sh. Narendera Modi for example skill India, Start-up India, Make In India.
And a place to link the major 4M’s of a business to give a start to some kind of Manufacturing and Selling is known an Enterprise and the person who links all these 4M’s in such a manner that maximum return can be generated through operational activity of an Enterprise is known as an Entrepreneur. The process of developing and making a positive growth in enterprise, entrepreneur and ultimately the society is known as Entrepreneurship. And when there is an increment in entrepreneurial skills and knowledge through some structured training is known as Entrepreneurship Development. “The best example of Entrepreneurial Success is Dhirubhai ambani-founder of Reliance Group and also according to the report of NSSO out of every 1000 Indians 250 are self employed ”[2]
Delhi, the capital of India, has emerged as a major commercial capital and industrial hub of India. It is home to a wide range of industries including textiles, electrical and electronics, IT &ITeS services, hotel and tourism, which have contributed immensely to the economic and industrial growth of the country. Nearly 88% of the SMEs in Delhi revealed that this cluster is as an attractive destination for conducting business. Delhi has become an attractive business and tourist destination. This is driven by its improved infrastructure, good connectivity with other Asian and western regions, ease of access to market and availability of skilled labor among others. Consequently, it has emerged as
one of the most preferred investment and business destinations.
The document discusses small and micro enterprises (MSMEs) in India. It outlines the objectives of supporting MSMEs, including facilitating credit, technology upgrades, and market access. It describes organizations that promote MSMEs like KVIC, MGIRI, NI-MSME and Coir Board. It discusses schemes to develop MSMEs through credit ratings, marketing assistance, and international cooperation. It also covers recent initiatives to support MSMEs through policy changes and digital programs.
FINANCIAL INCLUSION IN INDIA: A ROAD MAP TOWARDS FUTURE GROWTHIAEME Publication
This document discusses financial inclusion in India and proposes a roadmap for future growth. It defines financial inclusion and exclusion, and outlines the importance of financial inclusion for overall development. Several approaches to achieving financial inclusion in India are analyzed, including product-based approaches like no-frills accounts, credit cards, and savings accounts with overdraft facilities. Bank-led approaches like self-help groups and using business correspondents are also discussed. The regulatory approach of simplified KYC norms to expand rural banking is mentioned. Overall, the document evaluates India's progress on financial inclusion and suggests that continued initiatives and innovative technologies are needed to strengthen financial deepening and credit delivery, especially in rural areas.
This document discusses various organizations that provide entrepreneurship development programs (EDPs) and marketing development programs (MDPs) in India, including:
- The National Institute for Entrepreneurship and Small Business Development (NIESBUD), which helps coordinate EDP activities and provides training programs.
- Small Industries Service Institutes (SISIs), which provide training programs, workshops, apprenticeships, and advice to small businesses.
- The Entrepreneurship Development Institute of India (EDI), which develops innovative training techniques and conducts EDP programs both in India and other countries.
- The Development Commissioner (Handicrafts), which assists women entrepreneurs through programs focused on
MSME - All you need to know about this sectorshubhadeep saha
here in the slide, I have presented all the necessary information regarding MSME i.e Micro, Small & Medium Enterprises. From the opportunities, challenges to the benefits of MSMED act, loan schemes, projects that the FMC has submitted till date are all presented. although I couldn't provide all the happenings in MSME this presentation can be named as MINI WIKI for MSME. in recent days msme has contributed a lot to the Indian economy and makes it stronger. also, the MSME sector provides huge employment that has surely lower down the tension of the govt. e6arao aro onek ki6u a6e, jeta apnara net ghatle bujhte parben, apatoto ja korar ata diei korun. porer ta pore dekha jbe
1 institutional support for entrp developmentishwar kumar
The document discusses various institutional efforts and the role of the government in promoting entrepreneurship in India. It outlines several agencies and organizations established at national and state levels to provide financial, technical, and training support to potential entrepreneurs. The key organizations mentioned are the National Institute for Entrepreneurship and Small Business Development, Entrepreneurship Development Institute of India, technical consultancy organizations, and the Indian Investment Centre. The overall aim is to encourage entrepreneurial activities, especially in industrially backward and rural areas.
This document discusses financial inclusion and credit options for micro, small, and medium enterprises (MSMEs) in India. It defines MSMEs and microenterprises according to Indian law. It outlines past financing initiatives for MSMEs by public sector banks and the Small Industries Development Bank of India. It also discusses the importance of microloans for very small businesses and entrepreneurs in alleviating poverty. Overall, the document examines the credit needs of MSMEs and various government efforts to enhance access to financing.
Support system and its role in entrepreneurial development in India..shadabjamia88
This is a dissertation on Support system and its role in Entrepreneurial development in India....
it was prepared by HASEEB AHMAD SHADAB, A STUDENT OF MASTER OF FINANCE AND CONTROL MFC, IN ALIGARH MUSLIM UNIVERSITY ALIGARH U.P.
This document provides an overview of the ISED Small Enterprise Observatory (ISED-SEO). Some key points:
- ISED-SEO started in 1997 to provide knowledge and reporting on micro, small and medium enterprises (MSMEs) in India.
- It has grown into an integrated platform catering to MSME stakeholders like entrepreneurs, financiers, policymakers and researchers.
- The Observatory's reputation has helped the success of ISED's 'India MSME Communication Programme'.
- It works through projects, publications and partnerships to study issues facing MSMEs and influence policy.
- Upcoming work includes reports on rural services, women's entrepreneurship and the 2015 issue of
This document provides information about obtaining fully solved SMU MBA Spring 2014 assignments. It lists the contact information to email or call for assistance with assignments for various MBA programs and semesters, including MBADS (Semester 4/6), MBAFlex/MBAN2 (Semester 4), and PGDBMN (Semester 2). It then provides a sample assignment question about institutional banking in India, including challenges and SIDBI's role in SME financing, as well as questions about agri-exports, housing sector financing, solar projects funding, and the impact of converting ICICI and IDBI to banks on the institutional banking landscape in India.
The document discusses the importance of MSMEs in the Indian economy. It notes that MSMEs account for 90% of businesses in India and employ 40% of the workforce. However, MSMEs face challenges accessing credit, infrastructure, technology, markets and skilled workers. The government has implemented various programs to support MSMEs, including Make in India, Startup India, and increasing the MSME budget. The Ministry of MSME focuses on improving access to finance, technology, infrastructure and markets to strengthen the sector. Overall the document emphasizes that a thriving MSME sector is crucial to India's economic growth and job creation.
Government initiatives to promote enterpreneurshipJoyita Dey
The document summarizes various government initiatives in India to promote entrepreneurship. It discusses policies and programs established by the Ministry of Micro, Small and Medium Enterprises including the MSMED Act 2006, schemes to support MSMEs, and national entrepreneurship institutes. It also outlines other initiatives like the National Science and Technology Entrepreneurship Board, National Competitiveness Programme, and support provided by organizations like SIDBI and the Entrepreneurship Development Institute of India. The government aims to promote entrepreneurship through initiatives related to skill development, credit access, technology commercialization, and entrepreneurship training programs.
The document provides an overview of incentives and facilities for small and medium enterprises (SMEs) provided by the Bangladeshi government. It discusses key organizations that support SME development, including the Bangladesh Small and Cottage Industries Corporation (BSCIC), SME Foundation, Bangladesh Bank, BASIC Bank, and Bangladesh Krishi Bank. The BSCIC in particular provides various services to SMEs such as credit arrangement, infrastructure development, skill development programs, and market support. Challenges to SMEs include global competition, new technologies, skills gaps, access to finance and information.
Income under the head of “House property”
2.Income under the head of “profit and gain of business or profession”
3.Income under the head of “Capital Gain”
4.Income under the head of “Income from other sources”
The document discusses SIDBI, an Indian financial institution that provides financing support to small and medium enterprises (SMEs). It notes that SMEs play an important role in India's economy, contributing to manufacturing, exports, employment, and GDP. SIDBI was established to boost SME industries through refinancing banks that provide loans to SMEs, as well as direct financing. Over time SIDBI has expanded its services and products to better support the financial needs of SMEs. It currently provides refinancing, bill financing, project financing, and other resources to help SME industries grow and develop.
Govt policies & schemes for entreprise developmentAmit Attri
The document outlines various government policies and schemes in India to promote entrepreneurship and startups. It discusses programs like Startup India, Standup India, Make in India, Skill India, Atal Innovation Mission and others that provide funding, tax benefits, incubator support, and skill development initiatives. The goal is to boost job creation, promote innovation and technology, and generate wealth and economic growth through entrepreneurship.
This document discusses opportunities for rural entrepreneurship in India through MSMEs and startups. It outlines how the MSME sector provides employment and plays a crucial role in industrialization. It describes government schemes like Startup India that promote entrepreneurship through simplifying processes, providing finance support and networking opportunities. Institutions like KVIC assist in establishing khadi, village industries and handicrafts to generate self-employment and develop rural areas. Business incubators also help new companies by offering office space and training.
This document provides an overview of financial inclusion through direct benefit transfer (DBT) in India. It discusses several major social defense schemes implemented through DBT, including the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), the National Social Assistance Programme (NSAP), and the PratyakshaHastaantaritLaabh (PAHAL) or Direct Benefit Transfer for LPG (DBTL). The document also reviews several studies on topics related to financial inclusion and DBT in India. Key initiatives by the government to promote financial inclusion through programs like Pradhan Mantri Jan Dhan Yojana are also summarized.
Institutional support for business enterprisesMubarak S
The document discusses various types of institutional support provided by the government and government-supported organizations to promote business enterprises in India. It outlines the stages of business promotion that these institutions assist with, including inception, operational, and expansion stages. Finally, it lists specific national and state-level institutions that provide financing, training, marketing assistance and other resources to help entrepreneurs at different stages of their business development.
SIDBI stands for Small Industries Development Bank of India. It is an independent financial institution aimed to aid the growth and development of micro, small and medium scale enterprises in India. It was set up in 1990 through an act of parliament as a wholly owned subsidiary of Industrial Development Bank of India. SIDBI's mission is to empower the Micro, Small and Medium Enterprises sector to contribute to economic growth, employment generation, and balanced regional development. It provides financial assistance to small scale industries, which contribute significantly to national production, employment, and exports.
This document discusses entrepreneurial support systems for micro, small and medium enterprises (MSMEs) in India. It outlines how enterprises are classified based on investment levels, and describes various policy initiatives, financial support schemes, and the role of District Industries Centers in promoting MSMEs. Concessions, incentives, and export promotion facilities aim to generate employment, disperse industries across areas, and earn foreign exchange through supporting small businesses.
Microfinance and Entrepreneurship DevelopmentIJLT EMAS
The roots of Microfinance were seen in the 19th century but these little roots took the shape of trees in the 20th century. These trees were grown by a very famous personality named Prof. Mohammed Yunus. He won noble prize for this work. He was very much moved emotionally by seeing the financially poor condition of his countrymen and that emotional outlet was in form of Microfinance under Grameen Model for the development and poverty alleviation and uplifting the standard of living of his countrymen. Seeing this tree grow many nations all over the world thought of joining hands and to make theses scattered trees grow into a dense forest. And their efforts really started bearing fruits on these trees. In the same time NABARD (National Bank for agricultural and Rural Development) took the initiative to bring the same changes in the rural areas of India. And as the time moved further the gloomy faces of people started changing into the smiling faces as slowly and steadily money started rolling into their hands and they started to move out of the clutches of money lenders. “Microfinance in India works under 4 major models a) Self Help Group b) Grameen Model c) Joint Liability Group d) Co-operative society”- [1]
Microfinance Institutions are in great favor of lending money to female category of the society because they feel the female fraternity is very much sensitive towards their family so they work hard order to repay the loan amount well in time. Microfinance works at the very root level so the major economic disturbances like the issue of 2007 and 2011 does not have the impact on economic life of the citizen of nation. Microfinance has the major role to play in the flagship programme of government of India started by Sh. Narendera Modi for example skill India, Start-up India, Make In India.
And a place to link the major 4M’s of a business to give a start to some kind of Manufacturing and Selling is known an Enterprise and the person who links all these 4M’s in such a manner that maximum return can be generated through operational activity of an Enterprise is known as an Entrepreneur. The process of developing and making a positive growth in enterprise, entrepreneur and ultimately the society is known as Entrepreneurship. And when there is an increment in entrepreneurial skills and knowledge through some structured training is known as Entrepreneurship Development. “The best example of Entrepreneurial Success is Dhirubhai ambani-founder of Reliance Group and also according to the report of NSSO out of every 1000 Indians 250 are self employed ”[2]
Delhi, the capital of India, has emerged as a major commercial capital and industrial hub of India. It is home to a wide range of industries including textiles, electrical and electronics, IT &ITeS services, hotel and tourism, which have contributed immensely to the economic and industrial growth of the country. Nearly 88% of the SMEs in Delhi revealed that this cluster is as an attractive destination for conducting business. Delhi has become an attractive business and tourist destination. This is driven by its improved infrastructure, good connectivity with other Asian and western regions, ease of access to market and availability of skilled labor among others. Consequently, it has emerged as
one of the most preferred investment and business destinations.
The document discusses small and micro enterprises (MSMEs) in India. It outlines the objectives of supporting MSMEs, including facilitating credit, technology upgrades, and market access. It describes organizations that promote MSMEs like KVIC, MGIRI, NI-MSME and Coir Board. It discusses schemes to develop MSMEs through credit ratings, marketing assistance, and international cooperation. It also covers recent initiatives to support MSMEs through policy changes and digital programs.
FINANCIAL INCLUSION IN INDIA: A ROAD MAP TOWARDS FUTURE GROWTHIAEME Publication
This document discusses financial inclusion in India and proposes a roadmap for future growth. It defines financial inclusion and exclusion, and outlines the importance of financial inclusion for overall development. Several approaches to achieving financial inclusion in India are analyzed, including product-based approaches like no-frills accounts, credit cards, and savings accounts with overdraft facilities. Bank-led approaches like self-help groups and using business correspondents are also discussed. The regulatory approach of simplified KYC norms to expand rural banking is mentioned. Overall, the document evaluates India's progress on financial inclusion and suggests that continued initiatives and innovative technologies are needed to strengthen financial deepening and credit delivery, especially in rural areas.
This document discusses various organizations that provide entrepreneurship development programs (EDPs) and marketing development programs (MDPs) in India, including:
- The National Institute for Entrepreneurship and Small Business Development (NIESBUD), which helps coordinate EDP activities and provides training programs.
- Small Industries Service Institutes (SISIs), which provide training programs, workshops, apprenticeships, and advice to small businesses.
- The Entrepreneurship Development Institute of India (EDI), which develops innovative training techniques and conducts EDP programs both in India and other countries.
- The Development Commissioner (Handicrafts), which assists women entrepreneurs through programs focused on
MSME - All you need to know about this sectorshubhadeep saha
here in the slide, I have presented all the necessary information regarding MSME i.e Micro, Small & Medium Enterprises. From the opportunities, challenges to the benefits of MSMED act, loan schemes, projects that the FMC has submitted till date are all presented. although I couldn't provide all the happenings in MSME this presentation can be named as MINI WIKI for MSME. in recent days msme has contributed a lot to the Indian economy and makes it stronger. also, the MSME sector provides huge employment that has surely lower down the tension of the govt. e6arao aro onek ki6u a6e, jeta apnara net ghatle bujhte parben, apatoto ja korar ata diei korun. porer ta pore dekha jbe
1 institutional support for entrp developmentishwar kumar
The document discusses various institutional efforts and the role of the government in promoting entrepreneurship in India. It outlines several agencies and organizations established at national and state levels to provide financial, technical, and training support to potential entrepreneurs. The key organizations mentioned are the National Institute for Entrepreneurship and Small Business Development, Entrepreneurship Development Institute of India, technical consultancy organizations, and the Indian Investment Centre. The overall aim is to encourage entrepreneurial activities, especially in industrially backward and rural areas.
This document discusses financial inclusion and credit options for micro, small, and medium enterprises (MSMEs) in India. It defines MSMEs and microenterprises according to Indian law. It outlines past financing initiatives for MSMEs by public sector banks and the Small Industries Development Bank of India. It also discusses the importance of microloans for very small businesses and entrepreneurs in alleviating poverty. Overall, the document examines the credit needs of MSMEs and various government efforts to enhance access to financing.
Support system and its role in entrepreneurial development in India..shadabjamia88
This is a dissertation on Support system and its role in Entrepreneurial development in India....
it was prepared by HASEEB AHMAD SHADAB, A STUDENT OF MASTER OF FINANCE AND CONTROL MFC, IN ALIGARH MUSLIM UNIVERSITY ALIGARH U.P.
This document provides an overview of the ISED Small Enterprise Observatory (ISED-SEO). Some key points:
- ISED-SEO started in 1997 to provide knowledge and reporting on micro, small and medium enterprises (MSMEs) in India.
- It has grown into an integrated platform catering to MSME stakeholders like entrepreneurs, financiers, policymakers and researchers.
- The Observatory's reputation has helped the success of ISED's 'India MSME Communication Programme'.
- It works through projects, publications and partnerships to study issues facing MSMEs and influence policy.
- Upcoming work includes reports on rural services, women's entrepreneurship and the 2015 issue of
This document provides information about obtaining fully solved SMU MBA Spring 2014 assignments. It lists the contact information to email or call for assistance with assignments for various MBA programs and semesters, including MBADS (Semester 4/6), MBAFlex/MBAN2 (Semester 4), and PGDBMN (Semester 2). It then provides a sample assignment question about institutional banking in India, including challenges and SIDBI's role in SME financing, as well as questions about agri-exports, housing sector financing, solar projects funding, and the impact of converting ICICI and IDBI to banks on the institutional banking landscape in India.
The document discusses the importance of MSMEs in the Indian economy. It notes that MSMEs account for 90% of businesses in India and employ 40% of the workforce. However, MSMEs face challenges accessing credit, infrastructure, technology, markets and skilled workers. The government has implemented various programs to support MSMEs, including Make in India, Startup India, and increasing the MSME budget. The Ministry of MSME focuses on improving access to finance, technology, infrastructure and markets to strengthen the sector. Overall the document emphasizes that a thriving MSME sector is crucial to India's economic growth and job creation.
Government initiatives to promote enterpreneurshipJoyita Dey
The document summarizes various government initiatives in India to promote entrepreneurship. It discusses policies and programs established by the Ministry of Micro, Small and Medium Enterprises including the MSMED Act 2006, schemes to support MSMEs, and national entrepreneurship institutes. It also outlines other initiatives like the National Science and Technology Entrepreneurship Board, National Competitiveness Programme, and support provided by organizations like SIDBI and the Entrepreneurship Development Institute of India. The government aims to promote entrepreneurship through initiatives related to skill development, credit access, technology commercialization, and entrepreneurship training programs.
The document provides an overview of incentives and facilities for small and medium enterprises (SMEs) provided by the Bangladeshi government. It discusses key organizations that support SME development, including the Bangladesh Small and Cottage Industries Corporation (BSCIC), SME Foundation, Bangladesh Bank, BASIC Bank, and Bangladesh Krishi Bank. The BSCIC in particular provides various services to SMEs such as credit arrangement, infrastructure development, skill development programs, and market support. Challenges to SMEs include global competition, new technologies, skills gaps, access to finance and information.
Income under the head of “House property”
2.Income under the head of “profit and gain of business or profession”
3.Income under the head of “Capital Gain”
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Overview of Indian MSMEs
1. Overview of Indian MSMEs
(A Guide to launch a Successful Enterprise)
Dr. Gopaldas Pawan Kumar
BE(Mech.), MSc(EBM), MBA , PhD.
Associate Professor
gdpawan@gmail.com
2. The Presentation Covers
1. Profile of MSMEs.
2. Ecosystem of MSMEs.
3. Challenges faced by
Entrepreneurs.
4. Government of India Schemes.
5. Opportunities available to
Entrepreneurs.
6. Current MSMEs Products.
7. Sectors Vs Possible
Opportunities.
8. Reasons for Failure of
MSMEs.
9. Conclusions.
7-Nov-20Dr. G.D Pawan Kumar 2
3. Entrepreneur(ship)
• Doing something new or something different is a necessary condition for
a person to be called as an entrepreneur.
• One of the comprehensive definition of entrepreneurship: it is the
process of creating something new with value by devoting the necessary
time and effort, assuming the accompanying financial, psychic and
social risks and receiving the resulting rewards of monetary and personal
satisfaction and independence.” (Robert D. Hisrich and Michael P.
Peters ,1998)
7-Nov-20Dr. G.D Pawan Kumar 3
4. Profile of an MSME
• A Micro, Small and Medium Enterprise(MSME) is an ‘independently
owned and operated enterprise, designed for profit and sells known
products to known customers in local markets’.
• Under the previous classification a separate methodology was adopted
by the ministry for manufacturing and service sector.
• Presently turnover-based criterion is made applicable to
manufacturing as well as service sector .
7-Nov-20Dr. G.D Pawan Kumar 4
5. Definitions of MSMEs
(with effect from 01.07.2020)
7-Nov-20Dr. G.D Pawan Kumar 5
(Source: Ministry of MSME Notification,1st June’20)
Enterprise
Investment in Plant
and Machinery or
Equipment
Turnover
Micro enterprise ≤ Rs. 1 Crore ≤ Rs. 5 Crores
Small enterprise ≤ Rs. 10 Crores ≤ Rs. 50 Crores
Medium enterprise ≤ Rs. 50 Crores ≤ Rs. 250 Crores
6. The MSME Ecosystem
(Manufacturing and Services)
• Out of 6.33 crore MSMEs, 0.05 lakh are medium enterprises while 3.31
lakh are small and balance 6.30 crore are micro units.(Rs 5 Cr T.O.)
• The number of registered MSMEs are around 25 lakh units.
• MSME sector has created around 11 crore jobs, out of which 3.6 Cr are
in manufacturing, 3.9 Cr in trade and 3.6 Cr in other services.
(National Sample Survey , 2015-16)
7-Nov-20
Dr. G.D Pawan Kumar
6
(Source: Ministry of MSME Report,2019-20)
7. The MSME Ecosystem..
(Manufacturing and Services)
• MSMEs contribute around 6% of the manufacturing GDP and 25% of
the GDP from service sector.
• Further, around 33% of India's manufacturing output is from MSMEs.
• Share of overall exports is around 45% and have been maintaining
over 10% growth rate, consistently for the past many years.
(CII ,Report,2020)
• Lastly, around 20% of the MSMEs are based out of rural areas.
7-Nov-20
Dr. G.D Pawan Kumar
7
(Source: Ministry of MSME Report,2019-20)
8. Challenges Faced by Entrepreneurs
1. Financial Resources and Discipline-Availability of finance is critical for all
enterprises. Most of the ventures are underfunded. To improve liquidity, efficient
management of the accounts receivable is a big challenge.
2. Low Revenue Generation during initial growth force entrepreneurs to concentrate
on the funding instead of concentrating on the growth of business.
3. Team Work-Members should gel closely.Hiring and retaining high quality talent in
critical areas is a key challenge.
4. Inadequate Information on latest technologies , competitors activities, poor
environmental scanning increases risk of failure of new ventures.
7-Nov-20Dr. G.D Pawan Kumar 8
9. Challenges Faced by Entrepreneurs
(Continued)
• Tenacity of entrepreneurs is a very critical requirement. They have to be patient, persistent,
proactive and should never give up till he/she achieves desired results.
• Elaborate Regulations-Our country stands at 63rd place among 190 nations in the World
Bank’s ease of doing business. Government should reduce the number of approvals required.
• Lack of Mentorship and proper guidance are also the recurrent challenges.
• Tailored Offerings- Indian population with fragmented segmentation require tailor made
offerings that requires manufacturing flexibility.
• Value for Money Products-New units have to provide a better product than the existing ones.
Customers should feel that they have opted for a better choice.
• Differentiated Offerings- ‘Me-too’ products will never take off. Offering customers more than
what they require at present or in the near future is the real challenge of the entrepreneurs.
7-Nov-20Dr. G.D Pawan Kumar 9
10. Government of India Initiatives
• ‘Make in India’ campaign (2014) introduced to attract foreign investments and to
increase the share of the manufacturing sector to 25 per cent of GDP and to create a
100 million additional jobs in the manufacturing sector by 2022.
• To instill confidence in the start-ups, GoI increased foreign direct investment (FDI)
limits for most of the sectors and strengthened intellectual property rights (IPRs)
protection.
• ‘Standup India’ (2015) is aimed at providing bank loans (10 lakh and 1 Crore) to at
least one SC or ST borrower and at least one woman borrower per bank branch for
setting up a greenfield enterprise.
7-Nov-20Dr. G.D Pawan Ku 10
11. Government of India Initiatives
• ‘Start-up India’ (2016) is intended to build a strong eco-system for nurturing
innovation for sustainable economic growth and generate employment
opportunities.
The Action Plan is divided across four areas:
• Simplification and Handholding of entrepreneurs
• Funding Support
• Industry-Academia Partnership and
• Incubation facilities
7-Nov-20Dr. G.D Pawan Kumar 11
12. GoI Initiatives
(Continued)
• ‘Digital India’ (2015) is to transform India into a digitally empowered society and
knowledge economy by ensuring availability of Government's services to citizens,
electronically.
• ‘Skill India’ (2015) aims to train over 40 crore people in different market-relevant
skills by 2022 to increase productivity through rural manpower.
• ‘Atmanirbhar Bharat Abhiyan’ (2020) which translates to 'self-reliant India' is to
make our country "a bigger part of the global economy" and to become self-
sustaining and self-generating country.
***
7-Nov-20Dr. G.D Pawan Kumar 12
13. MSME Schemes to Drive Entrepreneurship
1.Prime Minister Employment Generation Programme and Other Credit Support Schemes cover:
1.1.Prime Minister Employment Generation Programme(PMEGP)-implemented by Khadi and
Village Industries Commission (KVIC). The maximum cost of the project admissible in
manufacturing sector is ₹ 25 lakhs and in the service sector is ₹ 10 lakhs.
1.2.Credit Guarantee Trust Fund for Micro & Small Enterprises (CGTMSE)-Collateral free loan
up to a limit of ₹ 100 lakh is available.
1.3.Interest Subsidy Eligibility Certificate (ISEC)-credit at a concessional rate of interest of 4%
per annum for working capital is provided.
(Source: Ministry of MSME Report,2019-20)
7-Nov-20Dr. G.D Pawan Kumar 13
14. MSME Schemes to Drive Entrepreneurship
2.Development of Khadi, Village and Coir Industries- around eleven programmes are
administered for rural based units with financial assistance.
3.Technology Upgradation and Quality Certification- Financial support to improve quality,
promote innovation and entrepreneurship, tech upgradation, marketing support , funding
support for incubators , creating IPR awareness etc.
4.Marketing Promotion Schemes supports organising exhibitions abroad, participation in
International fairs by MSMEs , arranging Buyer-Seller meets , creating awareness of new
markets etc.
5.Entrepreneurship and skill Development Programme- EDPs are conducted to encourage
setting up of MSMEs ,Skill development, providing financial assistance to training institutes etc.
(Source: Ministry of MSME Report,2019-20)
7-Nov-20
Dr. G.D Pawan Kumar (Source: Ministry of MSME Report,2019-20)
14
15. MSME Schemes
(Continued)
6.Infrastructure Development Programme adopts cluster development approach for enhancing
productivity and competitiveness, financial assistance for establishment of centers for testing,
R&D, to create/upgrade infrastructural facilities such as water, telecommunication, drainage
and pollution control facilities, roads etc.
7.Scheme of Surveys, Studies and Policy Research helps collect MSME data , analyse to design
appropriate strategies.
8.National SC-ST-HUB-is set up to provide professional support to SC and ST Entrepreneurs to
fulfill the target, which the Government has kept for procurement from such units.
9.Scheme of Information, Education and Communication is to give wide publicity to various
schemes like providing financial assistance, technological assistance, market assistance etc.
)
7-Nov-20
Dr. G.D Pawan Kumar (Source: Ministry of MSME Report,2019-20
15
16. Supporting Agencies
• Micro Units Development and Refinance Agency Ltd (MUDRA) provides refinance support
to Banks / MFIs / NBFCs for lending to micro units having loan requirement up to Rs 10
lakhs.
• NI-MSME(National Institute of MSME) provides National Executive Development
Programmes including Entrepreneurship and Skill Development Programmes , Micro
Enterprise Development , Agro Entrepreneurship etc.
• National Small Industries Corporation (NSIC) aims to promote, aid and foster the growth of
MSMEs in the country. Its schemes enhance their competitiveness and provide Marketing,
Technology, Finance and other Support Services.
(Source: Ministry of MSME Report,2019-20
7-Nov-20Dr. G.D Pawan Kumar 16
17. Credit Support Snapshot
(2019-2020)
Under Prime Minister’s Employment
Generation Programme (PMEGP)
Margin Money Assistance of Rs.1002.58
crore was provided to 32,227 Micro Units
Under Credit Linked Capital Subsidy Scheme
(CLCSS) Subsidy worth Rs 454.16 crore was disbursed
Under Credit Guarantee Trust Fund for Micro
and Small Enterprises (CGTMSE)
Credit Guarantee cover of Rs 27192 crore was
approved for 4,07,209 MSEs
7-Nov-20Dr. G.D Pawan Kumar 17
(Source: Ministry of MSME Report,2019-20)
18. Opportunities for Entrepreneurs
• The bottom-of-the pyramid space in India is a huge potential market for
offerings ranging from food, clothing, water , low cost housing and
hygiene items etc.
• Interest among experienced executives to start their own ventures is also
boosting entrepreneurial culture.
• Increase in spending on infrastructure and defense sectors is going to
provide sub-contracting opportunities to entrepreneurs.
• Hike in FDI in existing and emerging businesses is also another major
reason for the euphoria.
7-Nov-20Dr. G.D Pawan Kumar 18
19. Opportunities for Entrepreneurs
(Continued)
• With high demographic dividend (36 Cr youngsters are in 10-24 age group) and 1.5
Cr joining workforce annually, domestic demand will get a big boost for
establishment of new ventures.
• There is huge onboarding of MSMEs on e-commerce platforms due to high
penetration of internet. Around 6.5L SMEs are selling on e-commerce ,presently.
• Tailor made solutions would be required to meet diverse requirements of
multicultural and multilingual regions of the country.
• Finally, every problem provides number of opportunities for entrepreneurs to build
businesses around it. So, why wait, my dear friends?
7-Nov-20Dr. G.D Pawan Kumar 19
20. Reasons for Failure of New Ventures
• 42% failed as the product had no market.
• 29% firms ran out of cash.
• 23% did not have the right team.
• 18% closed due to pricing issues.
• 17% firms had poor product.
• 14% failed due to poor marketing and
• 8% had no investor interest (Griffith,2014).
7-Nov-20Dr.G.D Pawan Kumar 20
Analysis of 101 firms, reveal:
21. Reasons for Failure of New Ventures
• No prior experience in business line founded.
• Stop gap arrangement till right opportunities surface.
• Diversion of funds for personal use.
• Not seeking and relying on expert opinion.
• Falling in love with one’s own ideas/products.
• Poor financial management practices.
7-Nov-20Dr.G.D Pawan Kumar 21
Other reasons could be…
22. Current MSMEs Products
(Manufacturing)
Food Products Paper Products & Printing
Chemical & Chemical Products Cotton Textiles
Basic Metal Industries Transport Equipment's & Parts
Metal Products Leather & Leather Products
Electrical Machinery & Parts Miscellaneous Manufacturing Industries
Rubber & Plastic Products Other Services & Products
Machinery & Parts Except Beverages, Tobacco & Tobacco Products
Hosiery & Garments - Wood Products Repair Services
Non-metallic Mineral Products Wool, Silk, Synthetic Fiber Textiles
7-Nov-20Dr. G.D Pawan Kumar 22
(Source: Ministry of MSME Report, 2019-20)
23. Current MSMEs Products
(Manufacturing)
7-Nov-20Dr. G.D Pawan Kumar 23
Jute, Hemp And Mesta Textiles Television Sets
Toothpaste And Toothpowder Calculators
Domestic Utensils Microwave Components
Leather And Leather Goods Electro medical Equipment's
Plastic And Rubber Goods Digital Measuring Equipment's
Ready-made Garments Optical Lenses
Hosiery Goods, Sheet Metal Goods Drugs And Pharmaceuticals
Stationery Items Electric Motors
Soap And Detergents Pesticide Formulations
(Source: Ministry of MSME Report, 2019-20)
24. 7-Nov-20Dr. G.D Pawan Kumar 2015 24
Textile Raw fabric and dye production , Processing & Packaging etc.
Renewable Energy Personal protective equipment and safety gear ,Drilling and Mining chemicals etc.
Food and Agriculture
Processed and ready to eat packaged food, Pre-mixes, Bakery and Processed meat , Cold
chain storage, Health food & beverages, Vitamin additives, etc. , Crop chemicals and
nutrients , Poultry, feed and Farm additives
Retail E-commerce, New retail formats etc.
Tourism and Hospitality Equipment, supplies and services ,E-commerce platforms ,Budget hotels, Customer services
Education
PPP models, Technical Training Institutes, ST skill building courses ,Educational content
material development etc.
Real Estate
Low income housing, Prefab structures ,Hospitality, Hotel projects etc., Heating ventilation
and air conditioning (HVAC), Mechanical, Electrical and Plumbing (MEP) etc.
Defense & Aerospace Indian offset partners , simulators and equipment etc.
Energy
Wind energy and Solar energy ,Smart grids, Geothermal and Energy efficiency solutions, Oil
& Gas – Drilling chemicals and equipment etc.
Sector Vs Possible Opportunities
Source: The New Wave Indian MSME , An action agenda for growth, KPMG(2015)
25. 7-Nov-20
Source: The New Wave Indian MSME , An action agenda for growth, KPMG(2015)
25
Telecommunications
Manufacturing of Routers and Switches , Low-cost mobiles and Base transceiver station
equipment.
Electronics Mfg of semiconductors , Components for armed forces , Nano electronics and microelectronics..
IT/ITES Cloud computing , Data analytics services , E-governance ,Mobile apps and Software development.
Media Manufacture of Set-top boxes , New forms of Content delivery for Media companies etc.
Healthcare
Low cost Healthcare & Medical devices (Surgical gloves, syringes) Medical tourism ,Diagnostic
labs
Pharmaceuticals Generics and API manufacturing , Contract research , Nutraceuticals and Nutra- cosmetics etc.
Biotechnology Diagnostic kits, Vaccine exports to developed countries ,Agro-produce , High yield hybrid seeds .
Automotive Automotive Electronic components, Rubber and Chemicals supply to the Tyre manufacturers.
Transport & Logistics Development of new Airports ,Ports and Port services , Green supply chain , Fleet management…
Industrial Mfg Design, Equipment and Supplies , Processing ,Sustainability and Pollution Treatment services.
Chemicals Bio-based raw materials for Oil, Services for Integrated petroleum, chemicals and petrochemicals.
Sector Vs Possible Opportunities
26. Conclusions
• The current economic scenario in India is on expansion and transformation mode providing
umpteen opportunities to entrepreneurs.
• The Indian government has put a number of liberal policies/schemes in place to help new
enterprises.
• Setting up of new ventures will have multiplier effect in employment generation and would
increase per capita income.
• Initiatives like ‘Make in India’, ‘Start-up India’ , ‘Atmanirbhar Bharat’ etc. will encourage and
inspire entrepreneurs to join the band wagon of self reliant Indians.
• Entrepreneurs should be serious , disciplined and committed to the cause of
entrepreneurship. Frivolous and casual attitude would result in failures.
7-Nov-20Dr. G.D Pawan Kumar 26
27. Conclusions
(Continued)
• Being a country with large population, plethora of opportunities are available to offer
products and services in sectors like food, retail , small housing , health, hygiene , power,
tourism, entertainment etc.
• The vibrant ecosystem in place could push enterprising minds to take risks and introduce
exclusive products and services to cater to India’s needs and wants at affordable price.
• Solutions to Indian problems could be replicated in other developing countries with little
tweaking to suit local requirements.
• With IT optimizing employment in various sectors, entrepreneurship should be seen as a
viable alternative for Indian youth, warranting urgent overhaul of university curriculum.
7-Nov-20Dr. G.D Pawan Kumar 27
28. Thank you for your time.
Dr. Gopaldas Pawan Kumar
gdpawan@gmail.com
https://www.researchgate.net/profile/Dr_Gopaldas_Kumar/research
7-Nov-20Dr. G.D Pawan Kumar 28