Category: MSME
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A long way to go to have Right Public Policy for MSMES in India
Introduction: Micro, Small, and Medium Enterprises (MSMEs) have always been an integral part of the Indian economy, contributing significantly to GDP, employment generation, and manufacturing output. Over the years, public policy towards MSMEs has evolved to address their unique needs and challenges. This article critically analyzes the evolution of public…
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The Potential of CBDC and Credit Card Innovations in Cross-border Transactions
Introduction As technology continues to advance, the payment industry constantly strives to enhance convenience and seamlessness for users. Credit cards have long been a popular payment method, and recent innovations have further propelled their capabilities. Additionally, the emergence of Central Bank Digital Currency (CBDC) has the potential to revolutionize cross-border…
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Delayed Payments to MSMEs in India
Introduction Micro, Small, and Medium Enterprises (MSMEs) are vital contributors to India’s economy, driving employment generation and economic growth. Unfortunately, delayed payments continue to plague MSMEs, posing significant challenges to their cash flow and operations. This article aims to explore the underlying issues causing delayed payments, discuss the steps taken…
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