Haqdarshak’s Post

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Despite their significant contribution to India’s economy, over 80% vendors rely on informal lines of credit to sustain their businesses. Ranging from Kirana stores to street shops, India’s MSME ecosystem is as diverse as the challenges it involves. Owing to the largely unorganised nature of this segment, its impact has been restricted. Empowering these enterprises is crucial to building India’s financial strength. Plenty of credit programmes and skill development initiatives have been rolled out to help formalise this sector. Insufficient documentation and a lack of information continue to be key obstacles to availing these benefits. But with awareness, and some assistance in attaining documentation and licences, our cohorts have revealed a progressive shift in knowledge and attitudes. We dedicate this International MSMEs Day to these spirited self-employed citizens as they make their way towards a more independent, stable future.   -- #internationalmsmeday #worldmsmeday #msme #haqdarshak #socialimpact #opennetworks #development #tech #data #governmentschemes #empowerment #lastmiledelivery #partnership #csr #ngo #philanthropy #msme #yojanacard

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