Micro, Small and Medium Enterprises (MSMEs) By Indian Institute of Banking & Finance (IIBF) | Taxmann

The Present Publication is the latest 2022 Edition, published exclusively by Taxmann for IIBF's certificate examination on 'Micro, Small and Medium Enterprises in India'. The noteworthy features of the book are as follows:

• [Evolution & Definitions] of MSMEs are covered in this book, along with a global perspective of the MSME definitions
• [Procedures & Intricacies] involved in setting up an MSME in India
• [Regulatory Requirements] and the forms in which an MSME can be set up by enterprises, either engaged in manufacturing/production or providing/rendering of services
• [Initiatives taken by the Ministry of MSME] for empowering women through training and concessional financing for the women entrepreneurs, all developments in the legal aspects of MSME business etc.
• [Financial Institutions/Departments/Promotional Schemes] which are either from the Government or Non-Government, that have been set up/initiated to support the growth and adequately finance the MSMEs
• [Explanation of RBI Definition of Stressed MSMEs], preventive measures, guidelines on rehabilitation measures for potentially viable units, the definition of wilful defaulters, penal measures, classification of the assets in the NPA category etc.
• [Details about SME Exchange, TReDS and Setting up of NARCL] have also been incorporated in the book
• [Micro Finance and MSME] play a symbiotic relationship with respect to the availability of finance, enhancing productivity and providing employment. The book provides updated information about the revised definitions of MSME with the latest guidelines issued by the RBI with respect to the Resolution of Stressed MSME accounts
• [Ramifications of the WTO Regime on the MSME Sector] both in terms of the opportunities it will provide and the challenges that it will throw up