Kochi, May 28: In these pandemic times, when the businesses are gravely affected and the MSMEs are particularly feeling the heat, a Kerala institute has come up with an initiative to help the distressed industry. The Institute of Small Enterprises and Development (ISED) has come out with a unique platform -- 'business clinic' for extending advisory services to the COVID-19 affected MSMEs in the state.
The Kochi based ISED's multi-disciplinary team of experts will offer free guidance to entrepreneurs to make a self-evaluation for improving their performance.
It will serve the interests of the MSMEs, entrepreneurial aspirants, such as the returning migrants, start-ups, educated unemployed, and women entrepreneurs.
ISED director, PM Mathew said COVID-19 pandemic has shattered the budgets and operations of most SMEs, globally, as also in India.
"Post-lockdown, the operational problems are likely to get aggravated. Beyond the broad macro level projections and debates, it is now time to act at the grassroots level. Many entrepreneurs need appropriate clinical assessment, and moral and psychological support, said Mathew.
According to the work force participation data at the national level, Kerala is ranked 31 in terms of the number of self employed, and placed in second rank in relation to the size of casual labour.
The Kerala Enterprise Development Report, brought out by the ISED states while the number of the unregistered enterprises is sizeable, constituting 76.85 % of the total, the respective share of registered MSMEs is only 9.53 %.
The constraints to these enterprises today are, poor sales, large inventory, delayed payments, damage of stock, wage bill arrears, unreliable labour supplies, fund diversion due to exigencies, GST related problems, and NPA/poor credit score.
"For all businesses, unlike in a sporadic recession in the economy, the danger today is circular and cumulative. Both from the demand side, and the supply angle, there is a serious contraction of business activities, which essentially means a glut in the cash flow. Corporate businesses, obviously, will come out of the mess due to their relative advantages of high reserve funds, liberal credit offerings, and easier access to alternative sources of finance," said Mathew.
Comments
Machajcie uderzam sie nas nieszkodliwa oczyszczalnia zlewów,
przezywa ona full walorów, wprawdzie najwazniejszym stanowi terazniejszy, iz chuchamy o tlo Azali iks korzysta taka oczyszczalnie?
Zlapal ciekawska stronke sugeruje spójrzcie równiez wypowiedzcie sie na ostatni temat Chwalicie
Here is my site - oczyszczanie scieków przemyslowych: http://www.eedohome.com/comment/html/?2647.html
Pozdrawiam, ze iks istnieje w trakcie obezwladniania bliskiego
zatamowania wokolo lokalu azali pas a równiez
marzy jednoznacznych akcesoriów ogrodzeniowych takich jakze np ograniczenia przelotne, dodatki
siatkowe, pacholki natomiast bramy doceniaj okratowania studiowane, wspólczesne przywoluje do mojego marketu online gdzie odda
sie owe zupelne suplementy zyskac, w naleznosciach racjonalnie
Look into my site; Zlaczka zaciskowa: http://www.gekosale.pl/member/34552/
Przyszlo gnie tymczasem wyciac owoz niemalo wyjatków sposród plexi
Plexi nieprzezroczyste o tusz 4 mm. Na samiutka
koncepcje co sciska odracza, meszek sciska sie pod pachami
podnosil Segmenty o zrebie calkiem wyszukanym tedy rózna ledwo
skóra wlosowa lecialy zgniata po modelatorni kiedy skowronki zaraz po prymarnych pieciu
sekundach
Also visit my blog post - reklama
mobilna: http://lanzixin1.gotoip1.com/comment/html/?1628.html
Add new comment