Growth of MSMEs is critical for fulfilling the national mission
Why technology adoption is critical for Indian MSMEs: CII's Shreekant Somany explains
Technology across the world is changing very fast, and so are production patterns and global value chains (GVCs). All these new business paradigms call for an urgent need for technology upgradation and adoption across manufacturing processes, says Shreekant Somany, Chairman, CII National MSME Council.
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Watch Why technology adoption is critical for Indian MSMEs: CII's Shreekant Somany explains With HD QualityBy The Economic Times| 179 views
State Level Defence MSMEs Conclave on Indigenisation of Critical Defence Components and Materials
State Level Defence MSMEs Conclave on Indigenisation of Critical Defence Components and MaterialsBy FICCI India| 54 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
2022 will be the golden year for the growth of MSMEs
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 onBy VARINDIA| 40 views
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
India's National Mission to Transform the Future || National Quantum Mission ||
The #NationalQuantumMission received cabinet approval at a total cost of Rs. 6003.65 crore, to scale up scientific and industrial R&D, for accelerating Quantum Technology led economic growth and to leverage India into a leading nation in the area. The mission is expected to benefit communication, health, finance, and energy as well as drug design and Space applications.
In the past, India had adopted technologies developed abroad and implemented them here, but the National Quantum Mission has a distinction. The National Quantum Mission is the only mission, so far, wherein Indian scientists will develop its own technology. Though India will need international cooperation, it will be mainly for knowledge exchange. The establishment of the National Quantum Mission, with investments in infrastructure, labs and test-beds, will enable Indian industry and academia to take IP leadership in a technology area of strategic importance. The new mission targets developing intermediate scale quantum computers with 50-1000 physical qubits in 8 years in various platforms like superconducting and photonic technology. With this the Satellite based secure quantum communications between ground stations over a range of 2000 kilometres within India, long distance secure quantum communications with other countries, inter-city quantum key distribution over 2000 km as well as multi-node Quantum network with quantum memories are also some of the deliverables of the Mission.
Today's Headline in NewsHours
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3:00 Amazon to shut down Halo division
3:30 #PhonePe to waive off $18 mn loan extended to ZestMoney
4:00 Alibaba Cloud cuts prices by up to 50% for core, storage products
4:30 #OpenAI rolls out 'incognito mode' for ChatGPT
5:02 #Microsoft’s Phone Link app allows iPhone users to access iMessage on Windows PC
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भारत का सूर्य मिशन LIVE | Bharat Ka Surya Mission | Aditya l1 Mission | Aditya l1 Mission Kya Hai
भारत का सूर्य मिशन LIVE | Bharat Ka Surya Mission | Aditya l1 Mission | Aditya l1 Mission Kya Hai #kkdnews #hindi #kkdnewslive #adityal1 #chandrayaan3 #pmmodi #isro
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PM Modi gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women in Ludhiana | PMO
PM Modi gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women in Ludhiana
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Watch PM Modi gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women in Ludhiana | PMO With HD QualityBy PMOfficeIndia| 91 views
PM Modi Speech: gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women, Ludhiana
PM Modi Speech: gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women, Ludhiana
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Watch PM Modi Speech: gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women, Ludhiana With HD QualityBy PMOfficeIndia| 96 views
#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.
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2:51 #SBI alerts users to stay a
#PrimeMinisterNarendraModi#INCOMETAX#GST#statebankofindia#ibm#hackers#SBI#MSME#mobilebanking#MSMEs#CSC#micro#NationalMission#Cyberfraudsters#headlinesinvarindia#telecomdepartment#MSMEsfulfillingtheNationalMission#SmallMediumEnterprises#IBMacquiresBluetab#hybridcloudservice#AIstrategy#MarkFoster#missioncriticaldata#Avast#cybersecurityfirmAvast#peerNortonLifeLockInc#BharatNetwork#nationalfibrenetwork#BharatNetprogram
Category:
Technology
Why technology adoption is critical for Indian MSMEs: CII's Shreekant Somany explains
Technology across the world is changing very fast, and so are production patterns and global value chains (GVCs). All these new business paradigms call for an urgent need for technology upgradation and adoption across manufacturing processes, says Shreekant Somany, Chairman, CII National MSME Council.
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Watch Why technology adoption is critical for Indian MSMEs: CII's Shreekant Somany explains With HD QualityBy The Economic Times| 179 views
State Level Defence MSMEs Conclave on Indigenisation of Critical Defence Components and Materials
State Level Defence MSMEs Conclave on Indigenisation of Critical Defence Components and MaterialsBy FICCI India| 54 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
2022 will be the golden year for the growth of MSMEs
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 onBy VARINDIA| 40 views
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
India's National Mission to Transform the Future || National Quantum Mission ||
The #NationalQuantumMission received cabinet approval at a total cost of Rs. 6003.65 crore, to scale up scientific and industrial R&D, for accelerating Quantum Technology led economic growth and to leverage India into a leading nation in the area. The mission is expected to benefit communication, health, finance, and energy as well as drug design and Space applications.
In the past, India had adopted technologies developed abroad and implemented them here, but the National Quantum Mission has a distinction. The National Quantum Mission is the only mission, so far, wherein Indian scientists will develop its own technology. Though India will need international cooperation, it will be mainly for knowledge exchange. The establishment of the National Quantum Mission, with investments in infrastructure, labs and test-beds, will enable Indian industry and academia to take IP leadership in a technology area of strategic importance. The new mission targets developing intermediate scale quantum computers with 50-1000 physical qubits in 8 years in various platforms like superconducting and photonic technology. With this the Satellite based secure quantum communications between ground stations over a range of 2000 kilometres within India, long distance secure quantum communications with other countries, inter-city quantum key distribution over 2000 km as well as multi-node Quantum network with quantum memories are also some of the deliverables of the Mission.
Today's Headline in NewsHours
0:00 Intro
3:00 Amazon to shut down Halo division
3:30 #PhonePe to waive off $18 mn loan extended to ZestMoney
4:00 Alibaba Cloud cuts prices by up to 50% for core, storage products
4:30 #OpenAI rolls out 'incognito mode' for ChatGPT
5:02 #Microsoft’s Phone Link app allows iPhone users to access iMessage on Windows PC
Follow Us On :-
Website:https://varindia.com/
https://www.facebook.com/VBy VARINDIA| 49 views
भारत का सूर्य मिशन LIVE | Bharat Ka Surya Mission | Aditya l1 Mission | Aditya l1 Mission Kya Hai
भारत का सूर्य मिशन LIVE | Bharat Ka Surya Mission | Aditya l1 Mission | Aditya l1 Mission Kya Hai #kkdnews #hindi #kkdnewslive #adityal1 #chandrayaan3 #pmmodi #isro
About This Channel ????
Welcome to KKD News, your go-to source for the latest news updates. We provide up-to-the-minute coverage of all the breaking news, current affairs, and developments in the region. Stay tuned to our YouTube channel for the most comprehensive and reliable updates on UP news in Hindi. Our dedicated team of journalists brings you live updates, analysis, and interviews with key stakeholders. From political happenings to social issues.
KKD News AVAILABLE ON:- ????
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????आवयश्कता है... सभी जिलो में ब्यूरो चीफ ,मंडल प्रभारी ,जिला संवादाता ,तहसील संवादाता"
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भारत का सूर्य मिशन LIVE | Bharat Ka Surya Mission | Aditya l1 Mission | Aditya l1 Mission Kya HaiBy khabro ki duniya| 54 views
PM Modi gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women in Ludhiana | PMO
PM Modi gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women in Ludhiana
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Watch PM Modi gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women in Ludhiana | PMO With HD QualityBy PMOfficeIndia| 91 views
PM Modi Speech: gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women, Ludhiana
PM Modi Speech: gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women, Ludhiana
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Watch PM Modi Speech: gives National Awards to MSMEs & distribute 500 wooden Charkhaa to women, Ludhiana With HD QualityBy PMOfficeIndia| 96 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
Technical Session V, Q&A
Global Summit 2020 "Mission 5 Trillion – CMA as a Cryogenic Force"
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Special Briefing on the Visit of President of Maldives to India (August 02, 2022)
Special Briefing on the Visit of President of Maldives to India (August 02, 2022)By Ministry of External Affairs, India| 194307 views
My interview with Jan Man India
Here is my interview with Shri Sudhir Raval on Jan Man India Channel.
Watch My interview with Jan Man India With HD QualityBy Mansukh Mandaviya| 819321 views
India observes Independence Day with patriotic fervour
Prime Minister Narendra Modi
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India observes Independence Day with patriotic fervourBy PMOfficeIndia| 248620 views
Mr Bhupesh Baghel, CM, Chhattisgarh at #FICCIAGM
Mr Bhupesh Baghel, CM, Chhattisgarh in conversation with Dr Jyotsna Suri, Past President, FICCI at #FICCIAGM.
#FICCI #IndianEconomy #Economy #India
Watch Mr Bhupesh Baghel, CM, Chhattisgarh at #FICCIAGM With HD QualityBy FICCI India| 637243 views
अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की
अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की
Watch अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की With HD QualityBy P P Chaudhary| 3795265 views
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आज आएगा UP का Budget, Budget पेश करने से पहले होगी Yogi Cabinet की Meeting | UP Budget 2024-25
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सरकार के खिलाफ सड़कों पर उतरे हजारों लोग | Ladakh Protest: Leh | Statehood State की मांग | #dbliveBy DB Live| 0 views
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Bikaner News | लोकसभा चुनाव को लेकर कांग्रेस की तैयारी, कार्यकर्ताओ से पार्टी प्रभारी ने की चर्चाBy JANTV RAJASTHAN| 0 views
Nitish Kumar की जगह Jitan Ram Manjhi को CM बनाएंगे BJP ! Mukesh Sahani | Bihar News | #dblive
Nitish Kumar की जगह Jitan Ram Manjhi को CM बनाएंगे BJP ! Mukesh Sahani | Bihar News | #dblive
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Nitish Kumar की जगह Jitan Ram Manjhi को CM बनाएंगे BJP ! Mukesh Sahani | Bihar News | #dbliveBy DB Live| 0 views
BJP MLA Ganpat Gaikwad ने Eknath Shinde Shiv Sena Leader Mahesh Gaikwad को थाने के अंदर मारी गोलियां
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गोलियों की तड़तड़ाहट... भागते... जान बचाते लोग.... बीजेपी नेता की आंखों में खून सवार... ये वीडियो कहीं और का नहीं बल्कि बीजेपी के नेतृत्व में बनी एकनाथ शिंदे सरकार के महाराष्ट्र राज्य का है... गोलियां मारने वाला कोई और नहीं बल्कि मौजूदा विधायक और बीजेपी का प्रतिष्ठित नेता है... सत्ता की हनक ऐसी कि थाने के अंदर गोलियां दाग रहा है...
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BJP MLA Ganpat Gaikwad ने Eknath Shinde Shiv Sena Leader Mahesh Gaikwad को थाने के अंदर मारी गोलियांBy PunjabKesari TV| 0 views