Credit ratings help access capital
Apr 30 2012, 15:10 | By SME Mentor
Kanchan Jain is president of structured products and CRO at Religare Finvest Limited.
Image: Religare Finvest Limited
MSMEs in India have always been a growing sector in the Indian economy. However, the importance of reforms for the MSME has never been a continuous issue for the policy makers and stakeholders.
In today's dynamic environment, increasing focus is being laid on inclusive growth, making the role of the MSME sector vital in India's socio economic development.
In our ecosystem, there are several hurdles to growth faced by entrepreneurs; some real and some perceived. There are to do with regulatory set-up, political risk and interference, and ineffective legal and enforcement infrastructure, lack of organized information sources, and access to capital, to name a few.
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