MSMEs initiatives to promote Ease of Doing Business

January 10, 201912 days 670
  • In the World Bank’s Doing Business (DB) rankings for 2019, India has climbed 23 spots to rank 77th globally.
  • The various digital interventions have been a great contributing factor for India in making this significant improvement.
  • To increase the ease of doing business rankings, it is a pre-requisite for India to give a special focus towards MSMEs (Ministry of Micro, Small & Medium Enterprises).
  • The MSME has introduced various digital initiatives in this regard and they are,
    • Udyog Aadhaar Memorandum – A self-declaration format for MSME’s to register itself.
    • MSME Samadhaan Portal – To register cases relating to delayed payments by government.
    • MSME Sambandh Portal – To monitor the implementation of the Public Procurement from MSMEs by CPSEs.
    • MSME Sampark Portal – Digital platform for job seekers to register.

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