Business Bureau :
Today Micro Small and Medium Enterprises (MSME) are facing severe problem of need based working capital and other financial assistance from financial institutions and banks. Availability of finance and liquidity of money are the biggest challenges being faced by MSMEs. The festival season is around the corner. In such a situation, need based financial assistance if not made available to MSME, it will be a great setback to the economy as well as GDP of the country. Keeping all these issues in mind, Confederation of all India Traders (CAIT) will be holding a camp on financial health clinic of MSME at its meeting hall, 4th floor, ‘Sadoday’ building, 77 Central Avenue, Gandhi Putla, on September 17 from 11 a.m. B C BHARTIA, National President of Confederation of All India Traders has informed that senior experts from CreditEnable, Mumbai which has international presence will be coming at CAIT office at 10:30 a.m. He has appealed to the traders that whosoever wants to get their financial papers examined by the senior officials to know what are the shortcomings and how to improve financial strength of their balance sheets should meet then. Bhartia said that MSME can get their 3 years financial papers and discuss the their issues on one to one basis. They can also discuss the ways and means to improve their CIBIL score.
They will also explain what are the reasons on basis of which CIBIL score is reduced. Chairman of Team CAIT Nagpur Gopal Agrawal has also appealed to traders to take advantage of this financial health clinic. President Kishore Dharashivkar said that if advance intimation is received from anyone then appointment time can be reserved. Organising Secretary Nikhilesh Thakar has appealed to young Chartered Accountants to take advantage of the camp. Prabhakar Deshmukh and Gyaneshwar Rakshak, President and Secretary, respectively of Kirana Vyapari Sangh have appealed to the retail traders to take advantage of the camp.
Subhash Jobanputra, Organising Secretary of Maharashtra Consumer Products Distributors has lso appealed to consumer product distributors to encourage their retailers for this programme. Swarnima Sinha and Jyoti Awasthi, both women entrepreneurs, have also appealed to all the women entrepreneurs to come with their financials and take advantage of the event. Those interested can contact Mansi Bajirao, says a press release issued here by Farooque Akbani, Secretary General of the organisation.