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MSME Knowledge and Insight

MSME Knowledge and Insight

Through this Section of MSME Corner we share our knowledge and insights on MSME Portals, MSME Success Stories, Newsletters, Acts and Notifications that impact MSMEs in India

MSME Portals

Here you can get detailed information and insights about all the MSME Portals in simplified language that will help you to understand what the portal is, its benefits, how to register and take advantage of the portal

Want To Increase Your Turnover And Profit ?
GEM Portal (Government e Marketplace) can be a solution

GeM Portal is similar to an E-commerce platform. On this portal the Central and State Government ministries/Departments, PSU and other government offices are the buyers and manufacturers, dealers, retailers and service providers are the sellers

The sellers name is not disclosed on GeM till the buyer make a decision to purchase. In order to avoid biases in selection of seller, for a particular purchase.

Advantages you will get from here.

  • Free access to a centralized, national procurement portal
  • Special quotas and benefits for MSMEs, and startups with assured procurement in some categories.
  • Completely online Process and user friendly website.
  • One-stop shop for marketing with minimal efforts.
  • Consistent and uniform purchase procedures.

For more details about these platforms Click Here

For any assistance you can Contact Us

Are you facing difficulty in recovery of sale proceeds?
MSME Samadhan can help you in recovery

The primary objective of the MSME Samadhaan portal is to monitor the delayed payments of MSME sector. Through this Portal MSMEs can file online application in case of delayed payment from your buyer.

Buyer of goods or services from MSME should make payment as per the agreed terms which shall not be longer than 45 days, if buyer defaults in payment within 45 days supplier is eligible to receive the payment including interest as enforced by MSMED Act, 2006. In such case the rate of interest shall be, at three times of the bank rate notified by the Reserve Bank.

Benefits of the Portal:

  • a. Recovery of dues including interest in time bound manner
  • b. Assistance of institution or centres providing conciliation and arbitration
  • c. Applicant can view his case status in the portal.

For more details about these platforms Click Here

For any assistance you can Contact Us

Do you want to discount your invoices for working capital requirement ?
Trade Receivables Discounting System (TReDS) Platform can help You

Treds is a trading platform where MSME suppliers can discount their invoices raised against corporate buyers through multiple financiers. Through this platform MSME can receive funds within 24 to 72 hours subject to a discount.

TReDs Platforms are basically a market where sellers, buyers, and financiers meet. Currently there are three such platforms where you can registrer and discount your invoices, which are

For more details about these platforms Click Here

For any assistance you can Contact Us

Want your Grievance to be resolved Quickly?
MSME Champions is the solutions

The Ministry of Micro, Small and Medium Enterprises (MSME) has launched CHAMPIONS - Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength portal.

It is a Technology driven Control Room-Cum-Management Information System.

The system utilising modern ICT tools is aimed at assisting Indian MSMEs march into big league as National and Global CHAMPIONS

Features of Champions Portal

  • Access to Information
  • Register grievance/suggestions/ seek information
  • Track the status of complaints
  • Give/seek ideas
  • FAQ’s section

For more details about these platforms Click Here

Link of the portal https://champions.gov.in/

For any assistance you can Contact Us

Want to Recruit Skilled employees?
MSME Sampark can help you in recruitment

The MSME Sampark portal is a digital platform wherein,
1. Jobseekers who are passed out trainees or students of 18 MSME Technology Centres register themselves for getting employment and
2. Recruiters, which include MSMEs, reputed national & multinational companies register themselves getting right kind of manpower

As a recruiter you can register yourself in this portal and display your requirement and accordingly select the best employees for your workforce who are trained from MSME Technology centres with great practical exposure.

Benefits of the Portal

  • Absolutely free platform for both recruiter and job seeker.
  • Easy registration and user-friendly website
  • Easy and economical way of hiring right from shortlisting of good profiles till the interview process.
  • Business man can recruit best eligible employee for their concern
  • Job seeker can search job by location
  • Large MNCs recruiting jobs
  • 100% genuine deals, no chances of fraud because government is managing the portal

For more details about the portal Click Here

Link of the portal http://sampark.msme.gov.in/

For any assistance you can Contact Us


MSME Success Stories

All Big Businesses start Small. We bring to you such inspiring stories of small entrepreneurs making it big against all the odds because of their determination, hard work, leadership and team building skills, analytical and problem solving mindset, strategic thinking ,innovation, etc.

Started with borrowed capital of Rs 10K, here’s how Mufti grew to a Rs 395 Cr brand

“There were various styles in jeans, right from bootcut to bellbottom. However, every brand was offering a similar pattern at almost the same quality level. I wanted to come up with a product that was progressive fashion for Indian men,” he tells SMBStory.

Read More >

The amazing Lijjat Papad story: from Rs 80 to Rs 800 crore

Does the jingle ‘Karram Kurram Kurram Karram’ ring a bell? The Lijjat Papad ad campaign in the 1990s featuring a muppet bunny created history in more ways than one. But that is nothing compared to the history of the company that the ad was created for: Shri Mahila Griha Udyog Lijjat Papad, popularly known as ‘Lijjat’.

Read More >

Newsletters, Acts and Notifications

All Big Businesses start Small. We bring to you such inspiring stories of small entrepreneurs making it big against all the odds because of their determination, hard work, leadership and team building skills, analytical and problem solving mindset, strategic thinking ,innovation, etc.

Notifications


MSME Insiders Reports


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