How Can MSMEs Effectively Manage Their Talent Pool? Insights and Strategies Inside

Hello Professional HR & Business Veterans,

Please find attached a very inspiring article on Talent Pool Management for Micro, Small & Medium-Sized Enterprises (MSMEs).

Hello Professional HR & Business Veterans,

Please find attached a very inspiring article on Talent Attraction & Retention for Micro, Small & Medium Size Enterprises.

Articles on MSME Management

Here are a bunch of articles from the same issue of Human Capital on how MSMEs can:
1. Create a healthy balance of control/power and decontrol to build a capable second line.
2. Introduce the necessary infrastructure to support innovation for business continuity and growth.

Let me know how you find these.

Kind regards,
Sumeet Varghese
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Thank you for sharing articles related to MSME. Could you please help resolve my query? My company is registered under MSME. As declared by our FM, we would like to avail the benefit of 15% equity infusion. Please guide me on the procedure to proceed. Whom should I contact, and which form should I fill, etc.?

Regards,
Devashree
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Following the recent government action to revive economic growth, assistance to the MSME sector has been enhanced. Read more and take assistance from these links: https://www.india-briefing.com/news/...20-20556.html/

Latest Gazette Notification

The details and the latest Gazette notification are attached for your guidance. Link: https://msme.gov.in/whatsnew/gazette-india

Equity and Other Funding

For your requirements of i) Equity and ii) Other funding, please contact your bankers who have been given certain guidelines by the RBI in this regard. I'm sure banks have been directed to refinance (top-up) over and above the existing advances/loans, etc. A few have already been funded automatically without even formal application and approval to the extent of eligibility based on documents/hypothecation already in possession with their bankers. However, for new assistance, they have different schemes.

As for equity funding, I'm not very sure. It is better to discuss with your bankers. I doubt they will directly invest in your equity; probably, you may mean seed capital for a start-up. Please discuss with banks.

I had some interaction with some of my known bankers; these recent schemes are already being implemented in government banks, whereas in private banks, it depends on their corporate guidelines. I would suggest you approach a bank in the government sector for your requirements. It helps.

All the best.