Friday, Feb 23 2024 | Time 15:16 Hrs(IST)
Business Economy

BSE joins hands with FICCI to foster MSME sector

BSE joins hands with FICCI to foster MSME sector

Mumbai, Oct 7 (UNI) BSE in association with FICCI in its endeavour to enhance the MSME and startup environment, organised a brainstorming session to identify the gaps in the existing policies and make suggestions for robust policies, besides promoting Udyam Saathi and Udyam Sakhi initiatives to foster the MSME sector.

The MSMEs were invited to present their summary of ideas and suggestions as well as discuss their main issues of concern to the Ministry. Some of the concerns that were identified were simplifying the MSME definitions, availability of funds which will result in improved attitude of lenders and borrowers, pull up payment delays and increase market access for the MSMEs.

Additional Secretary and Development, Ministry of MSME, Government of India, Ram Mohan Mishra, , Deputy Secretary General of FICCI Nirankar Saxena and MD & CEO, BSE Ashishkumar Chauhan graced the occasion. Around 40 stakeholders- including 20 MSMEs participated in the event.

While addressing the delegation MD & CEO, BSE Ashishkumar Chauhan emphasized the need of having a vibrant ecosystem comprising of debt and equity which is required to address the concerns of MSME’s.

Ajay Kumar Thakur, Head SMEs and Startups, BSE briefed the delegates that BSE is a very important stakeholder in MSME and Star Up ecosystem. BSE has been the pioneer in creating the SME and Start up platform which has helped 310 SME’s in raising Rs 3300 crores. BSE will take all initiatives for the growth of SME’s and Start up ecosystem.

UNI JS SY 1547

More News

Electricity Rules amended; simplifies process of rooftop solar installations

23 Feb 2024 | 2:31 PM

New Delhi, Feb 23 (UNI) With a view to simplifying the process of setting up rooftop solar installations and also to get new electricity connections without delays, the Government on Friday approved amendments to the Electricity Rules, 2020.

see more..

Alstom commences production of latest generation trainsets for DMRC Phase IV

23 Feb 2024 | 2:07 PM

Kolkata, Feb 23 (UNI) Alstom, a global leader in smart and sustainable mobility, on Friday commenced the production of its world-class Metropolis trainsets for the Delhi Metro Rail Corporation (DMRC) Phase IV.

see more..

Kerala woos global investors in food tech sector at Dubai meet

23 Feb 2024 | 1:15 AM

Thiruvananthapuram, Feb 22 (UNI) Kerala presented its potential in the food, ready-to-eat and food tech sector before investors, entrepreneurs and well-wishers who attended the ‘Investor Conclave’ organised by the Kerala State Industrial Corporation (KSIDC) in Dubai, coinciding with the Gulfood 2024.

see more..

Kerala Tourism sanctions 9 projects worth over Rs 7 54 crore

23 Feb 2024 | 1:01 AM

Thiruvananthapuram, Feb 22 (UNI) Reinforcing its strategy of turning entire Kerala into an extended experiential destination for all seasons, the state Tourism Department has accorded administrative sanction for nine projects with a total outlay of Rs 7,55,43,965 to improve infrastructure to host visitors.

see more..

Vodafone Idea to evaluate multiple fund raising options

22 Feb 2024 | 8:14 PM

New Delhi, Feb 22 (UNI) Telecom operator Vodafone Idea is looking at multiple options to raise funds for its operations facing tough competition from other operators.

see more..