![Driving a wide spectrum of MSME initiatives Driving a wide spectrum of MSME initiatives](https://cdn.magzter.com/1346838690/1691056629/articles/-77Rix-g31691125004425/DRIVING-A-WIDE-SPECTRUM-OF-MSME-INITIATIVES.jpg)
Sivasubramanian Ramann will explore new areas/collaborations in FY2024 to address the various challenges faced by the MSME sector
SIDBI has made significant strides in developing many digital ecosystem initiatives and applying financial tools to encourage MSMEs to embrace green practices. Along with the financing role, SIDBI has remained at the forefront of developing innovative solutions to address challenges faced by the MSME sector. SIDBI has leveraged the India Stack to undertake new digital initiatives to strengthen the MSME ecosystem.
PLATFORM & APP
SIDBI has developed Udyam Assist Platform to bring Informal Micro Entities (IMEs) into formal economy by issuing Udyam Certificate. This shall enable access to markets, financial services, and government schemes to IMEs. Over 3 million IMEs have registered as part of the project.
SIDBI has developed a new app named GST Sahay, which facilitates collateral free lending based on cashflow assessment. The app would digitally provide ‘on tap’ invoice-based collateral-free financing to MSMEs.
この記事は Banking Frontiers の August 2023 版に掲載されています。
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この記事は Banking Frontiers の August 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
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