{"id":15539,"date":"2020-08-29T14:46:30","date_gmt":"2020-08-29T09:16:30","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=15539"},"modified":"2020-08-29T14:50:57","modified_gmt":"2020-08-29T09:20:57","slug":"grievances-redressal-for-msmes-pertaining-to-covid-19","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/grievances-redressal-for-msmes-pertaining-to-covid-19\/","title":{"rendered":"Grievances redressal for MSMEs pertaining to COVID-19"},"content":{"rendered":"\n<p class=\"has-drop-cap\">MSME ministry has integrated its recently launched portal for\nMSMEs to share their innovation, ideas, and research in respective sectors for\nthe public reviews regarding vetting before launching them within the Champions\nportal.<\/p>\n\n\n\n<p>Moreover, it has added the information and knowledge bank for <strong><em>MSMEs. The Government took steps for MSMEs to fight COVID, RBI&#8217;s relief measures, delayed payments monitoring, all MSME schemes, lists of government notifications, the support provided by SIDBI, and Grievances redressal for MSMEs has been added. <\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">MSMEs Grievances redressal for MSMEs pertaining to Covid-19<\/h2>\n\n\n\n<ul><li>MSME Ministry announced a grievance registration and management system for issues around finance, raw materials, labor, regulatory permissions, etc. particularly due to the COVID impact faced by small businesses. <\/li><li>The portal \u2013 champions.gov.in \u2013 will allow MSME associations, units, employees, and aspiring entrepreneurs to register their complaints, suggestions, or seek information around the support provided to MSMEs.<\/li><li>Grievances registered by MSMEs either on the Government&#8217;s Centralized Public Grievance Redress and Monitoring System (CPGRAMS) or any other <strong><em>MSME Ministry<\/em><\/strong><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Ministry_of_Micro,_Small_and_Medium_Enterprises\"><strong><em>[1]<\/em><\/strong><\/a><\/sup> portal will be automatically pulled into the Champions portal.<\/li><li>The grievances will then be diverted subject-wise to the concerned branch\/bureau\/office heads under the MSME Ministry to attend them within three days. The matter should not remain inconclusive after seven days.<\/li><\/ul>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/revised-msme-credit-scheme-will-provide-credits-to-professional\/\">Revised MSME Credit Scheme will provide credits to Professional for their Business<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Government took Steps for Grievances Redressal for MSMEs<\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"665\" height=\"571\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/08\/image-124.png\" alt=\"Grievances Redressal for MSMEs\" class=\"wp-image-15541\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/08\/image-124.png 665w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/08\/image-124-300x258.png 300w\" sizes=\"(max-width: 665px) 100vw, 665px\" \/><figcaption><br><\/figcaption><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Concept of a Single-Window System<\/h3>\n\n\n\n<p>The Government can think of building some single window system at district\/zonal level to\nco-ordinate all MSME related activities that inter-alia may include linking MSMEs with different government schemes.\nThose might link small units with different\nmarketing platforms, GST regulations, loan approval and disbursement, rehabilitation of sick units,\ndisseminating various MSME related information, helping them be more digitalized, and so forth.<\/p>\n\n\n\n<p>This <strong><em>window will act as an interface<\/em><\/strong><strong><em> of the Government to assess the\ngroundwork reality, intermittently review. It is <\/em><\/strong>considered the\nbuilding of a wide network of different MSME related\nbodies\/organizations\/institutions so that an inclusive and comprehensive\nresponse can be meted out.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Spread of Digital Awareness<\/h3>\n\n\n\n<p>Many people believe that there will be a noticeable change\nin the mode of doing business after this pandemic is over. Businesses will try\nto shed their physical activities and movements as much as possible and heavily\ndepend on their digital platform. <\/p>\n\n\n\n<p>The Government&#8217;s role is to build up the necessary logistics\nand infrastructure so that MSME of the smallest size and at the remotest corner\nof the country can take advantage of it. The Government should make wide\npublicity among <strong><em>the MSMEs for adopting the new regime&#8217;s order, and proper training\nfacilities for this purpose<\/em><\/strong> are also a need of the day.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Relief from the burden of Compliances and Ease of doing business<\/h3>\n\n\n\n<p>The Government has assessed that an <a href=\"https:\/\/corpbiz.io\/msme-registration\"><strong>MSME Registration<\/strong><\/a> requires only two clearances as a part of establishing its unit, namely environmental clearance and consent to establish. The Government has introduced an ordinance that gives the entrepreneurs respite to approach the court, who can take remedial measures themselves through simple procedures. <\/p>\n\n\n\n<p><strong><em>Raising the turnover threshold for an audit of accounts of MSME\nborrowers to Rs.5 crores<\/em><\/strong> is also an enabling step in this direction. An\nMSME is required to shoulder in starting and continuing its business and\nsuggest remedial measures to simplify\/eliminate\/merge them. These should be\nimplemented at the earliest possible time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Social security for MSME employees<\/h3>\n\n\n\n<p>The program highlighted by the finance ministry regarding launching a mission aimed at MSME\nemployees to get <strong><em>Jan Dhan Accounts<\/em><\/strong>, Provident Fund, and Insurance should gather required momentum\nimmediately. It should be meticulously\nmonitored how this outreach program of the Government can be strengthened and what more\nmeasures can be adopted to provide social security to the MSME employees. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Technology Upgradation<\/h3>\n\n\n\n<p>Technology will be the most determining factor in the coming\ndays for MSME to reign in the market. For this purpose, the Government has <strong><em>to\ncreate 20 hubs and 100 spokes in the form of tool rooms across the country.<\/em><\/strong>\nA bit of stewardship on the part of the Government harnessing these resources\nwith provisions of required incentives, facilities, logistic support, foreign\ncollaboration, import of need-based high-end technology, etc. can do a miracle.\n<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Address to the right information<\/h3>\n\n\n\n<p>Many of the MSMEs, usually at the country&#8217;s remotest parts,\nsuffer from ignorance and lack of information regarding the documentation and\nother formalities for obtaining licenses and registrations. <strong><em>Government\nportals and websites should be updated with all information to reach<\/em><\/strong>\nthe unreached in the country&#8217;s remotest part to remove unnecessary confusion\namongst the entrepreneurs. Here the Government can moot over in launching a\ncentralized online system of licensing with the right use of technology to\nresolve the issue. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Export Incentives<\/h3>\n\n\n\n<p>While the MSME sector<strong><em> has been impacted due to this lockdown\nbecause of Covid-19<\/em><\/strong>, the plight of MSME exporters is more deplorable.\nIt has estimated that MSMEs cater more than 50% of the country\u2019s total outbound shipments. The problem seems to be gloomier in\nthe sense that global trade in goods is set to decline steeply in the coming days\ndue to this global pandemic. <\/p>\n\n\n\n<p>In this respect, the Government\u2019s\ninitiative to drive e-commerce platforms for pushing exports, emphasizing small\nenterprises located in remote areas, should gather the enhanced steam, and <strong><em>the\nGovernment should consider allowing greater export incentives for the exports\neffected through e-commerce platforms<\/em><\/strong>. The Government should initiate\nthe calibrated opening up of various export-oriented MSMEs to start production\nunder strict safety guidelines.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Conclusion<\/h2>\n\n\n\n<p>The <strong><em>Champions (Creation &amp; Harmonious Application of Modern Processes for Increasing the Output and National Strength) portal<\/em><\/strong> makes the smaller units big by solving their grievances, supporting, encouraging, helping, and handholding. It is a real solution to the MSME Ministry. &nbsp;For MSMEs to take the support of the government schemes, Champion Control Rooms have been set up at MSME Development Institutes across the country that will provide handhold small businesses in accessing help.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/champions-newly-launched-portal-for-msme\/\">CHAMPIONS: Newly Launched Portal for MSME<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MSME ministry has integrated its recently launched portal for MSMEs to share their innovation, ideas, and research in respective sectors for the public reviews regarding vetting before launching them within the Champions portal. Moreover, it has added the information and knowledge bank for MSMEs. The Government took steps for MSMEs to fight COVID, RBI&#8217;s relief [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":15545,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[176],"tags":[936],"acf":{"service_id":"71"},"authorName":"Soumya Bajpai","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/01\/0.jpg","authorDescription":"Soumya has done LLB (Hons) and has a 2+years experience in writing. Her main interest is in reading judgments, new enactments and amendments taking around in law. She always strives to bring the best to work that she does.","postViews":3244,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/15539"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=15539"}],"version-history":[{"count":15,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/15539\/revisions"}],"predecessor-version":[{"id":15560,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/15539\/revisions\/15560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/15545"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=15539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=15539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=15539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}