Page 63 - MSME BULLETIN 2022 NEW LAYOUT 19082022.indd

MSME & START-UP BULLETIN, VOLUME 1, ISSUE 1, AUGUST 2022

Serial Clause No. Para and Suggestion/ Comments Justification, if any

No. Page No.
Coordinate with local level
and para-statal agencies like
8.6 Knowledge financial institutions, insur-

Management-
16. 20 ers, professional bodies and As in Serial No. 1
Local Level
Agencies (viii) training institutions using

data analytics and artificial
intelligence.
8.7 Ease of The issue of procedure sim-
Doing Busi- plification and fast process- Assist MSMEs by saving

17. ness (EoDB) 20 ing at the export terminals time and procedural com-
Trading Across may be taken up with con- plexities
Borders (i) cerned authorities.
Cheap legal help and fi nan- International Finance and
cial counselling may be ar- Banking and documentation
ranged at the district level are comparatively complex
8.7 Ease of
Doing Business for MSMEs for non-judicial issues.
18. (EoDB) 21 works, like drafting of the

Enforcing contracts, advise for financial Professional bodies like IC-
Contracts (i) and techno-legal formalities, AI-CMA should provide
etc. There is need to develop arbitration support through
dispute resolution through their network of regional of-
mutual arbitration at no-cost. fi ces, chapters, centres, etc.

8.7 Ease of
Doing Business Micro-enterprises may be
19. (EoDB) 21 provided full legal help and As in Serial No. 12
financial counselling upto a

Enforcing
Contracts iv) certain point.
8.7 Ease of
Doing
Business Allowing International buy- Enhance export potential of
20. 21
(EoDB) ers on GEM MSMEs
Enforcing
Contracts v)

The Institute of Cost Accountants of India 63