2022 will be the golden year for the growth of MSMEs
MSMEs -the backbone of the country’s growth
The digital revolution has penetrated up to the last mile, right from the ministry to the state governments to the district to the gram panchayat to the #MSMEs. The policies formulated by the government of India are all based on digital blueprint and digital platforms. Without it, no program is implemented in the country.
The Indian MSME industry is expected to contribute approx. 50% to the country’s GDP by 2025. The industry is the second-largest employment generator in India after agriculture as of FY 2022, with more than 111 million people employed.
Most MSMEs faced issues such as having access to finance, marketing their products, and even struggling to cover expenses such as employee salaries, office rent, bills, taxes, and loans EMIs.
The segment enables the inclusion of generally neglected entrepreneurs e.g., women, marginal entrepreneurs and empowerment and wealth creation at the Grass root. In FY22 alone, 8.59 lakh women-led MSMEs got registered on Udyam portal which is 17% of the total MSME registration. As many as 63.4 million units contribute 6.11% of the manufacturing GDP and 24.63% of services GDP.
MSMEs play a critical role in Nation Building and growth of the economy. It is necessary that the support to this segment is accelerated, and the government targets its ease of doing business initiative towards MSMEs.
Several corporates and cloud providers have designed their roadmap to approach MSMEs to their growth to go digital, which will enable MSMEs to increase their overall operational efficiency, to provide better customer service using digital platforms and to enhance the overall customer experience.
Technological upgradation of the MSMEs minimises external risks and encourages corporatisation of the MSME sector. Cloud is critical for MSMEs and digital-native startups which are coming of age very quickly.
This in turn will help MSMEs to face competition from other players, to expand thBy VARINDIA| 28 views
Universal Acceptance: A Key to Unlocking Growth Opportunities for Startups and MSMEs
Universal Acceptance: A Key to Unlocking Growth Opportunities for Startups and MSMEsBy FICCI India| 729 views
Growth of MSMEs is critical for fulfilling the national mission
#MSME #IBM #SBI
MSMEs fulfilling the National Mission
Witnessing the times when our nation still has goals to make changes to implement and evolve to ensure that the industries keep up with the times. As the world is moving towards industry 4.0, It’s being anticipated that the transition will lead to a reduced role of human power as an operator and pave the way for more interaction opportunities between machines and machines. It’s expected that India will thrive as one of the leading economies in the world over the next decade in light of a positive political and economic scenario. The Micro, Small & Medium Enterprises (MSME) segment has been playing a remarkable role in the emergence of the Indian economy. The development of the MSME segment is extremely critical to fulfill the national mission of financial inclusion and generation of significant levels of employment across all geographical areas across the country.
Internationally, the MSME segment expansion has shown mixed feedback on various policies and initiatives undertaken by developing and developed economies during their critical economic span. Many developed and developing economies have agreed upon the fact that the MSME segment constitutes the backbone for maintaining growth rates as well as employment generation rate and provides stability during economic downturns. Another highlight remained the rapid advancement in digitization which is driving changes in payment systems in transactions. Mobile phones have provided enormous opportunities for financial development and are anticipated to be a common tool for carrying out various financial transactions. This has opened doors for the financial industry to improve its services by launching internet-based services, such as mobile banking.
Today's Headline in NewsHours
0:00 Intro
2:07 #IBM acquires #Bluetab to expand #hybridcloudservice offerings
2:51 #SBI alerts users to stay aBy VARINDIA| 8 views
#Hair Growth Tips- Natural Homemade Fast Hair Growth Oil For Thick, Long, Silky, Shiny, Healthy Hair
Hey Everyone, all of you'll have been asking me to make a video on the oil i use to increase the length and thickness and i finally got down to doing it.. This video will show you the ingredients, mixing ratio and application of the oil.. Do this twice a week for 3-4 months to see best results.. But you will see a difference in a couple of weeks itself.. This oil will make your hair fuller, longer and thicker..
I Hope this video helps you all..By Knot Me Pretty| 37135 views
Kris Gopalakrishnan President CII on Accelerating Economic Growth - On Economic Growth Targets
Watch Kris Gopalakrishnan, President, CII on Accelerating Economic Growth - On Economic Growth Targets With HD Quality
By CII| 11834 views
IMF cuts global growth forecast; downgrades India's growth projection to 6.1% in 2019
The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war undercuts business confidence and investment, the IMF said Tuesday. WEO said India's growth in 2019 is sharply lower than the 6.8 per cent in 2018 "for idiosyncratic reasons, but is expected to recover in 2020". The reduction in India's growth projection for this year "reflects a weaker-than-expected outlook for domestic demand", WEO said. However, India still retains its rank as the world's fastest-growing major economy, tying with China, with a projected growth rate of 6.1 per cent for the current fiscal year.
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Watch IMF cuts global growth forecast; downgrades India's growth projection to 6.1% in 2019 With HD QualityBy The Economic Times| 263 views
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PS - My channel is dedicated to my much beloved n most missed Father - Mr. Kulwant Singh. He was, is and will always be in my heart to heal it whenever it gets hurt. He's living this life through me.
Disclaimer : All products used in my videos, regardless of whether the is sponsored or not, are the products i like using. the information provided on this channel is only for general purposes and should NOT be considered as professional advice. I am not a licensed Professional or a medical practitioner , so always makeBy JSuper kaur| 118 views
Golden time for the e-commerce growth with shopping spree beginning
#RBI #RelianceCapital #Cryptocurrency
Festivities brings a golden field of opportunities e-com biz
The holiday and wedding season is one of the most rewarding times for e-commerce owners in terms of increasing overall sales. With dedicated budgets for gifting their loved ones during festivities, people are always on the lookout for great deals and offers, to go easy on their pockets. With the change in buying behaviour of customers due to the pandemic, people have become more comfortable making purchases online. Many find it more convenient to shop online because of the expansive range of products that are delivered at home with a single click. Since the enforcement of lockdowns from March 2020, e-commerce spending has grown beyond expectations. The Indian e-retail market is ready to reach 300 to 350 million shoppers over the next four years, driving the online Gross Merchandise Value to 100 to 120 billion dollars by 2025. With the pandemic transforming business forever, there is a large focus on experience-driven e-commerce as consumers are placing a lot of their attention online, especially during festivities. It has now become essential for offline retailers and new e-tailers to begin planning right away by improving their online presence and website experiences to increase conversion rates during festive days. As per GoDaddy’s report, Technology being the backbone of e-commerce, not only helps in effective customer service management, but can also enhance search, customization, and personalization, which are crucial for the success of e-commerce today. Here are a few tips on how to use technology to help boost your online business sales this holiday season. Keeping in mind customers’ behaviour change and preference for digital, businesses are progressively opening online stores to sell their products and services. Tier 1 cities and metros are no longer the dominant focus of e-commerce, with people from smaller cities and towns increasingly comiBy VARINDIA| 18 views
The SMEs & MSMEs have suffered tremendously due to Covid-19 and need the strongest support from the Government in coming years like a specific five-year plan for their revival and growth as they are the major contributor to India’s economy and social development. In India, the sector has gained significant importance due to its contribution to the Gross Domestic Product of the country, approximately 30% and exports, approximately 49%. This sector has also contributed immensely concerning entrepreneurship development especially in semi-urban and rural areas of India. Most importantly they generate large-scale employment for an unskilled or semi-skilled workforce of India. The digital adoption trend in India is going strong, and most of the FinTechs are working closely with MSMEs. The MSME ecosystem has been more resilient in 2021. Digital adoption, phased lockdowns, and MSME preparedness seem to have contributed to business strength. With lockdowns and restrictions being a constant reality in the pandemic world, the MSMEs are paying more attention to their cash flow and financial management. 2022 seems to be a growth year for MSME. Within MSME, segments like retail have struggled a bit more with the recovery while Pharma has grown during the Pandemic. But overall, the MSME is almost back to full recovery. In the last couple of years, we saw tremendous digital adoption by this segment. Small businesses transitioned from their offline workflows to digital platforms.
MSMEs is now the second-largest employment provider segment in India. In India, the sector has gained significant importance due to its contribution to the Gross Domestic Product of the country and exports. Fintech will play an integral part in boosting MSMEs. MSMEs are being encouraged to market their products on the e-commerce site, especially through Government e-Marketplace, owned and run by the government, wherefrom Ministries and public sector undertakings source their procurement. As on
#reservebankofindia#google#cybercrime#amd#MSMEs#databreach#Varindia#covid19#airtelpaymentsbank#varindianewshour#digitaladoption#phasedlockdowns#Ryzen6000MobileCPUsforlaptops#GoogleacquiresSiemplify#UScellular#CyberForensics
Category:
Technology
MSMEs -the backbone of the country’s growth
The digital revolution has penetrated up to the last mile, right from the ministry to the state governments to the district to the gram panchayat to the #MSMEs. The policies formulated by the government of India are all based on digital blueprint and digital platforms. Without it, no program is implemented in the country.
The Indian MSME industry is expected to contribute approx. 50% to the country’s GDP by 2025. The industry is the second-largest employment generator in India after agriculture as of FY 2022, with more than 111 million people employed.
Most MSMEs faced issues such as having access to finance, marketing their products, and even struggling to cover expenses such as employee salaries, office rent, bills, taxes, and loans EMIs.
The segment enables the inclusion of generally neglected entrepreneurs e.g., women, marginal entrepreneurs and empowerment and wealth creation at the Grass root. In FY22 alone, 8.59 lakh women-led MSMEs got registered on Udyam portal which is 17% of the total MSME registration. As many as 63.4 million units contribute 6.11% of the manufacturing GDP and 24.63% of services GDP.
MSMEs play a critical role in Nation Building and growth of the economy. It is necessary that the support to this segment is accelerated, and the government targets its ease of doing business initiative towards MSMEs.
Several corporates and cloud providers have designed their roadmap to approach MSMEs to their growth to go digital, which will enable MSMEs to increase their overall operational efficiency, to provide better customer service using digital platforms and to enhance the overall customer experience.
Technological upgradation of the MSMEs minimises external risks and encourages corporatisation of the MSME sector. Cloud is critical for MSMEs and digital-native startups which are coming of age very quickly.
This in turn will help MSMEs to face competition from other players, to expand thBy VARINDIA| 28 views
Universal Acceptance: A Key to Unlocking Growth Opportunities for Startups and MSMEs
Universal Acceptance: A Key to Unlocking Growth Opportunities for Startups and MSMEsBy FICCI India| 729 views
Growth of MSMEs is critical for fulfilling the national mission
#MSME #IBM #SBI
MSMEs fulfilling the National Mission
Witnessing the times when our nation still has goals to make changes to implement and evolve to ensure that the industries keep up with the times. As the world is moving towards industry 4.0, It’s being anticipated that the transition will lead to a reduced role of human power as an operator and pave the way for more interaction opportunities between machines and machines. It’s expected that India will thrive as one of the leading economies in the world over the next decade in light of a positive political and economic scenario. The Micro, Small & Medium Enterprises (MSME) segment has been playing a remarkable role in the emergence of the Indian economy. The development of the MSME segment is extremely critical to fulfill the national mission of financial inclusion and generation of significant levels of employment across all geographical areas across the country.
Internationally, the MSME segment expansion has shown mixed feedback on various policies and initiatives undertaken by developing and developed economies during their critical economic span. Many developed and developing economies have agreed upon the fact that the MSME segment constitutes the backbone for maintaining growth rates as well as employment generation rate and provides stability during economic downturns. Another highlight remained the rapid advancement in digitization which is driving changes in payment systems in transactions. Mobile phones have provided enormous opportunities for financial development and are anticipated to be a common tool for carrying out various financial transactions. This has opened doors for the financial industry to improve its services by launching internet-based services, such as mobile banking.
Today's Headline in NewsHours
0:00 Intro
2:07 #IBM acquires #Bluetab to expand #hybridcloudservice offerings
2:51 #SBI alerts users to stay aBy VARINDIA| 8 views
#Hair Growth Tips- Natural Homemade Fast Hair Growth Oil For Thick, Long, Silky, Shiny, Healthy Hair
Hey Everyone, all of you'll have been asking me to make a video on the oil i use to increase the length and thickness and i finally got down to doing it.. This video will show you the ingredients, mixing ratio and application of the oil.. Do this twice a week for 3-4 months to see best results.. But you will see a difference in a couple of weeks itself.. This oil will make your hair fuller, longer and thicker..
I Hope this video helps you all..By Knot Me Pretty| 37135 views
Kris Gopalakrishnan President CII on Accelerating Economic Growth - On Economic Growth Targets
Watch Kris Gopalakrishnan, President, CII on Accelerating Economic Growth - On Economic Growth Targets With HD Quality
By CII| 11834 views
IMF cuts global growth forecast; downgrades India's growth projection to 6.1% in 2019
The world economy is slowing to its weakest pace since the global financial crisis, as the US-China trade war undercuts business confidence and investment, the IMF said Tuesday. WEO said India's growth in 2019 is sharply lower than the 6.8 per cent in 2018 "for idiosyncratic reasons, but is expected to recover in 2020". The reduction in India's growth projection for this year "reflects a weaker-than-expected outlook for domestic demand", WEO said. However, India still retains its rank as the world's fastest-growing major economy, tying with China, with a projected growth rate of 6.1 per cent for the current fiscal year.
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Watch IMF cuts global growth forecast; downgrades India's growth projection to 6.1% in 2019 With HD QualityBy The Economic Times| 263 views
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DIY Hair Growth Mask at Home | 5 Times Faster Hair Growth | JSuper Kaur
DIY Hair Growth Mask at Home | 5 Times Faster Hair Growth | JSuper Kaur
Buy My Products Links :
https://www.instagram.com/jsuper.lavanyam/
***********************************************************************
Camera Used : https://amzn.to/318ppMI
Vlog Camera : https://amzn.to/2QLo5e3
Shooting Lights : https://amzn.to/2ETZ5fL
Ring Light : https://amzn.to/31ldcVc
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Much Love
Jessika
PS - My channel is dedicated to my much beloved n most missed Father - Mr. Kulwant Singh. He was, is and will always be in my heart to heal it whenever it gets hurt. He's living this life through me.
Disclaimer : All products used in my videos, regardless of whether the is sponsored or not, are the products i like using. the information provided on this channel is only for general purposes and should NOT be considered as professional advice. I am not a licensed Professional or a medical practitioner , so always makeBy JSuper kaur| 118 views
Golden time for the e-commerce growth with shopping spree beginning
#RBI #RelianceCapital #Cryptocurrency
Festivities brings a golden field of opportunities e-com biz
The holiday and wedding season is one of the most rewarding times for e-commerce owners in terms of increasing overall sales. With dedicated budgets for gifting their loved ones during festivities, people are always on the lookout for great deals and offers, to go easy on their pockets. With the change in buying behaviour of customers due to the pandemic, people have become more comfortable making purchases online. Many find it more convenient to shop online because of the expansive range of products that are delivered at home with a single click. Since the enforcement of lockdowns from March 2020, e-commerce spending has grown beyond expectations. The Indian e-retail market is ready to reach 300 to 350 million shoppers over the next four years, driving the online Gross Merchandise Value to 100 to 120 billion dollars by 2025. With the pandemic transforming business forever, there is a large focus on experience-driven e-commerce as consumers are placing a lot of their attention online, especially during festivities. It has now become essential for offline retailers and new e-tailers to begin planning right away by improving their online presence and website experiences to increase conversion rates during festive days. As per GoDaddy’s report, Technology being the backbone of e-commerce, not only helps in effective customer service management, but can also enhance search, customization, and personalization, which are crucial for the success of e-commerce today. Here are a few tips on how to use technology to help boost your online business sales this holiday season. Keeping in mind customers’ behaviour change and preference for digital, businesses are progressively opening online stores to sell their products and services. Tier 1 cities and metros are no longer the dominant focus of e-commerce, with people from smaller cities and towns increasingly comiBy VARINDIA| 18 views
VARINDIA
AI is used Towards Client AI Processing
#Artificialintelligence is increasingly being used for client AI processing. This means that AI models are being trained and deployed on client devices, such as smartphones, laptops, and IoT devices. This has a number of advantages, including, Reduced latency, Improved privacy and Reduced bandwidth usage.
Traditionally, AI processing has been conducted by massive clusters of servers in the cloud or data centers. This is because AI models can be very large and complex, and they require a lot of computing power to train and run.
AI is used Towards Client AI ProcessingBy VARINDIA| 256 views
Can Google’s tools combat online misinformation
#Google's efforts to combat misinformation are important because misinformation can have a negative impact on society. It can undermine trust in institutions, lead to violence, and harm democracy. By developing new tools and initiatives, Google is helping to make the internet a safer and more informed place for everyone.
Google has recently unveiled three new tools to combat online misinformation:
· About this Image: This feature, which was initially unveiled earlier in 2023 and is now available globally to English-speaking users through Google Search, provides information about images, including their history, descriptions by users, metadata, and clear indications if an image is generated by AI. Google's AI-generated images are also clearly labelled.
· Fact Check Explorer: This tool allows journalists to verify images by tapping into information from independent organizations.
· AI-generated source descriptions within the Search Generative Experience: This feature provides original sources and insights from reputable publications, which are accessible through the "More About This Page" section in search results.
Can Google’s tools combat online misinformationBy VARINDIA| 172 views
Increasing online Frauds
Recent developments in the technology landscape, including the acceleration of automation, artificial intelligence, and the digitization of industries, are transforming the nature of work. These challenges have immediate and far-reaching implications for India's economy, society, and future prospects.
The Tech Tsunami, characterized by rapid technological advancements, has the potential to drive unprecedented growth and innovation. However, if not harnessed effectively, it could lead to job shrinkage, job displacement and job reduction further leading to increased economic inequality.
Today's Headline in NewsHours
0:00 Intro
3:07 Online gaming firms sent tax notices worth INR 1 lakh cr
3:36 Government plans to introduce regulatory sandbox for OTT apps
4:05 #Microsoft pulling the plug on its metaverse project
4:33 #HMD Global to manufacture own brand of smartphones in India in 2024
5:00 #TechMahindra’s CEO designate Mohit Joshi announces restructuring
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Increasing online FraudsBy VARINDIA| 181 views
Govt./PSU
Launch of Gujarat Election Campaign in Ahmedabad
Launch of Gujarat Election Campaign in Ahmedabad.
#CongressNuKaamBoleChe
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Launch of Gujarat Election Campaign in AhmedabadBy Indian National Congress| 170472 views
ECI Press Briefing
Press briefing of Election Commission of India on completion of 2nd Phase of #LokSabhaElection2019 and State Legislative Assemblies elections.
#PollingDay #DeskKaMahaTyohaar #NoVoterToBeLeftBehind
Watch ECI Press Briefing With HD QualityBy Election Commission of India| 431662 views
Technical Session V, Q&A
Global Summit 2020 "Mission 5 Trillion – CMA as a Cryogenic Force"
Watch Technical Session V, Q&A With HD QualityBy ICMAI| 898581 views
Robotic Process Automation is transforming businesses across the world
Robotic Process Automation enables users to create software robots, or #Bots, that can observe, mimic & execute repetitive, time consuming #Digital #business processes by studying human actions.
Watch the video to know how RPA is transforming #businesses.
#ArtificialIntelligence
Robotic Process Automation is transforming businesses across the worldBy CII| 207603 views
India observes Independence Day with patriotic fervour
Prime Minister Narendra Modi
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Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनात
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Jummah की नमाज को लेकर Kashi में Police Alert, चप्पे- चप्पे पर Force तैनातBy LNV India| 0 views