Trade Receivables Discounting System

March 29, 2015

Trade Receivables Discounting System or TReDS is a welcome step by RBI to secure finances for micro, small and medium enterprises. It has been set up under the regulatory framework set up by RBI under Payment and Settlement Systems Act 2007. Rationale MSMEs have always been at...

Priority Sector Lending

March 16, 2015

Priority sector was first properly defined in 1972, after the National Credit Council emphasized that there should be a larger involvement of the commercial banks in the priority sector. The sector was then defined by Dr. K S Krishnaswamy Committee. Objective of Priority Sector Targets The overall objective of...

Pradhan Mantri Mudra Yojana

March 11, 2015

Pradhan Mantri MUDRA Yojana has come as a boon for MSME (Micro, small and medium Enterprises) sector and is widely hailed as a robust measure to achieve inclusive growth. Objective of the Pradhan Mantri MUDRA Yojana There are a lots of Scheduled castes, scheduled tribes and other backward classes entrepreneurs...


March 9, 2015

In the Budget of 2015-16, the government proposed creation of a Micro Units Development Refinance Agency titled MUDRA Bank. Some of its features are as follows: The bank will be built with a corpus of Rs. 20,000 crores and a credit guarantee corpus of Rs. 3,000 crore....

Re-vitalizing the MSMEs

March 1, 2015

What is the significance and contribution of MSMEs in Indian economic growth? What are hurdles to its development and the initiatives of GOI to revamp the industry?