MSME Financial Support: Unlock Government Incentives | Overcome Cash Flow Challenge | World MSME Day

Welcome to our special series celebrating World MSME Day! Join Neha Basudkar and Chartered Accountant Naziya as they dive into essential government incentives and support to strengthen MSMEs. In this episode, learn how to turn financial nightmares into sweet dreams with practical solutions for accessing finance, managing cash flow, and leveraging government subsidies.
Discover the common challenges MSMEs face in securing finance and how government schemes like the Credit Guarantee Scheme for Micro & Small Enterprises offer collateral-free loans. Naziya shares strategies for overcoming cash flow issues, including negotiating better payment terms and understanding legal provisions for speedy payment recovery under the MSME Act. Explore various subsidies and schemes designed to reduce the burden of high-interest rates, such as the Procurement & Marketing Support Scheme, MSME Champion Scheme, and Packaged Linked Incentives (PLI) Scheme, along with state-specific initiatives like Maharashtra’s Packaged Scheme of Incentives (PSI).
Understand the importance of staying informed and proactive in leveraging these resources. Naziya emphasizes the value of seeking professional advice to navigate the application process smoothly and successfully. Learn how pre-planning and wise capital investment decisions can help MSMEs fit the eligibility criteria for these schemes.
Don't miss our upcoming episodes for a deep dive into each government incentive and support scheme, where we’ll share game-changing insights for efficient financial planning. Subscribe and stay tuned for more tips and tricks to help your MSME thrive! Hit the like button, share this video with fellow entrepreneurs, and drop your financial challenges in the comments for us to address in future episodes.
Happy MSME Day! Let's innovate and thrive together.
#manufacturing #msme #worldmsmeday #innovations #engineering #subsidies #plischeme
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