https://www.taxtmi.com/news?id=21916 A Memorandum of Understanding between GeM and SIDBI creates mechanisms to ensure guaranteed payment timelines by auto-debiting the GeM Pool Account, to broaden working capital through bill discounting (initially with PSU banks), to link working capital costs to seller performance and rating, and to control NPAs by monitoring end use of funds, alongside capacity building and value-added services targeting MSMEs, women entrepreneurs, SHGs, artisans, NGOs, start-ups and micro enterprises. en-us Fri, 30 Aug 2019 13:22:12 +0530 Fri, 30 Aug 2019 13:22:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21916 A Memorandum of Understanding between GeM and SIDBI creates mechanisms to ensure guaranteed payment timelines by auto-debiting the GeM Pool Account, to broaden working capital through bill discounting (initially with PSU banks), to link working capital costs to seller performance and rating, and to control NPAs by monitoring end use of funds, alongside capacity building and value-added services targeting MSMEs, women entrepreneurs, SHGs, artisans, NGOs, start-ups and micro enterprises. News - Fri, 30 Aug 2019 13:22:12 +0530 https://www.taxtmi.com/news?id=21916