IAF AWARDS 2019
EVENT The Indian Achievers’ Forum (IAF) organized the 48th India-International Business Summit 2019 at the India Habitat Centre in New Delhi on June 14, 2019. The focus of the event was on the development of Micro, Small and Medium Enterprises (MSMEs) in national and international sphere. On the occasion, presentations and panel discussions were held […]
Capital market access Advantages for SMEs
OPPORTUNITY Small and Medium Enterprises (SMEs) are important factors in economic growth and transformation, creating positive value for the economy, contributing towards sustainable and balanced economic growth, employment and social stability. They are the silent drivers of economy. And yet despite their importance, SMEs in emerging markets frequently suffer from insufficient access to financing, preventing […]
SBI: The Pioneer in MSME Finance
State Bank of India is the pioneer and market leader in financing MSMEs, serving more than 14 lakh MSME borrowers in the largest core banking platform Micro, Small and Medium Enterprises (MSMEs) are vital for India’s economic ascension. The contribution of MSMEs to GDP, employment creation and export has been significant necessitating a slew of […]
Stringent laws on unspent CSR funds
NEWS The Lok Sabha on July 26 unanimously approved the Companies Amendment Bill 2019 which the government says, aims at bringing more accountability and better enforcement to strengthen the corporate governance norms and compliance management in corporate sector Companies that are not able to spend their Corporate Social Responsibility (CSR) fund will soon face the […]
CSR SPENDS BY CENTRAL PUBLIC SECTOR ENTERPRISES
CSR PSU A sum of `3,442.42 crore was spent by 146 Central Public Sector Enterprises (CPSEs) on Corporate Social Responsibility (CSR) activities during the financial year 2017- 18, informed Union Minister for Heavy Industries and Public Enterprises Arvind Ganpat Sawant in the Lok Sabha on July 2 this year. The expenditure made by the CPSEs […]
