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Absolutely agree Dr Ravi Modani sir ! The integration of OCEN 4.0 with GeM Sahay is a game-changer for India’s digital public infrastructure, making it more inclusive and accessible for MSMEs across the country. This transition towards transaction-based lending represents a major evolution, and while challenges may arise, our shared commitment will help us tackle them. With the advancements of OCEN 4.0 and GeM 2.0, the future for both lenders and MSMEs looks brighter and more collaborative than ever.
OCEN-Enabled GeM Sahay: Strengthening India’s Digital Public Infrastructure The beauty of the OCEN network lies in its seamless connection with government systems/networks, fostering trust and efficiency in the lending process. Over the years, ecosystems have evolved from secured lending to unsecured lending, transitioned from cash-flow lending to fund-flow lending, and are now embracing transaction-based lending. With GeM Sahay, we’re witnessing a transformation in how MSMEs can access quick and easy financing. And lenders from one location can provide funds to small businesses anywhere in India. These transformative changes at this scale may come with their own challenges, but it is our collective commitment to address and overcome them. Looking ahead, with OCEN 4.0 and GeM 2.0, we envision an even more inclusive environment for lenders and MSMEs alike. Sharad Sharma Sagar Parikh Rahul Bhaik Priyashmita G. ProductNation/iSPIRT #OCEN #DigitalPublicInfrastructure