Скачать или смотреть MSME Masterclass | Episode 2 | Budget 2023's impact on MSMEs

Join us for the second episode of the MSME Masterclass series, where we dive deep into the implications of Budget 2023 for micro, small, and medium enterprises. This episode features Mr. Mukesh Mohan Gupta, President of the Chamber of Indian Micro Small and Medium Enterprises (CIMSME) and the host of the popular MSME Helpline YouTube channel.

Key Highlights:

Highlighted challenges such as labour retention, managing cash flows, and material supply issues.
Emphasised adapting to market price fluctuations and customer demands.
Shared strategies for maintaining a competitive edge through exceptional quality and timely deliveries.
Discussed the importance of understanding customer needs to ensure business growth.
Provided insights into the complexities of managing a manufacturing unit with varying demands.
Discussed ways of overcoming operational challenges in the MSME sector.
Addressed the importance of technology in streamlining processes and improving efficiency.
Noted the vital role of professional management and delegating responsibilities to grow beyond a small scale.
Discussed the benefits of a robust system and processes to avoid business chaos.
Emphasised continuous improvement and innovation to stay relevant in the industry.
Discussed key challenges, including labour management, cash flow issues, and compliance with government regulations.
Highlighted the importance of customer focus and adapting business practices to meet market demands.
Discussed the strategic use of technology to improve business operations and efficiency.
Advocated for professional management to handle growth and complexity in business.
Underscored the importance of resilience and innovation in driving MSME success.

Chapters:
0:00 Topic introduction
1:37 Impact of Budget 2023 on MSMEs
10:13 Implementation of Digi Locker, collateral-free loans, return of forfeited amount
18:22 Introduced new policies, emphasised on the importance of digital tools
19:09 Q&A with live audience
24:44 Conclusion