Points of Discussion
- Revision of Definition of MSMEs – Implication of new limits on small businesses
- Key components of the Relief package announced by Govt. of India
- Collateral-free loans up to Rs 3 lakh crore
- Repayment of MSME dues within the next 45 days
- Guaranteed Emergency Credit Line – What are the Benefits to the SMEs:
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- Timelines to be considered
- Rate of Interest
- Moratorium on Principal repayment
- Collateral requirements
- Role of Banks & FIs in ensuring the financial disbursement of relief package and the conditions applicable
- Impact of Liquidity Stimulus on MSME Ecosystem and Indian Economy
Speaker Profile: Mr. Faiz Askari
Founder & CEO, SMEStreet
Faiz is a mediapreneur specialized in Small Business and Technology domain. With an urge to serve the much-needed service to the Indian SMEs, SMEStreet.in is created to become a dynamic knowledge-sharing platform for SMEs. A platform on which SMEs can not only expect valued content for their business growth but also network with experts who can guide them to achieve growth.
SMEStreet is India’s top MSME’s knowledge driven ecosystem. With over 6 years of being an strong voice of the MSME segment, the platform is committed to add value in the entrepreneurs’ life with information and knowledge. SMEStreet.in as a platform gets close to 8 Lakh monthly visitors who are from various segments of industry and geographies across India.
Speaker Profile: Dr. HP Kumar
Former CMD, NSIC & Director, External Affairs, Power2SME
Dr. H.P. Kumar is Director External Affairs at Power2SME and he is spearheading the organization’s objective of building alliance network in the industry. Dr. Kumar will design innovative programmes and framework to enhance Power2SME’s value proposition for SMEs, Suppliers and financial institutions. With rich experience in leading successful and profitable campaigns to benefit SMEs, Dr. Kumar comes with deep knowledge of SME market. Dr. Kumar has extensive experience in dealing with promotion, development and financing of MSMEs, exports and other small & large projects. Prior to joining Power2SME. He was the Chairman-cum-Managing Director of NSIC (National Small Industries Corporation), a govt. of India enterprise engaged in development and financing of SMEs in India. Under his leadership, NSIC was able to achieve a turnover of 17400 crores and became a dividend paying entity with an excellent MOU rating continuously for 7 years, a spectacular shift, from a loss making CPSU prior to his successful tenure.
Speaker Profile: Mr. Manguirish Pai Raiker
Chairman, National Council for MSME, ASSOCHAM
He is a prominent business figure in Goa, who has in addition to his long list of credentials, the honour of being the erstwhile president of Goa Chamber of Commerce and Industry and the director of Goa Handicrafts Rural and Small Scale Industries Development Corporation (GHRSSIDC). He is, at present, the chairman and managing director of Brown Packaging Systems Private Limited and is also the director of S. R. Consultancy Service.