Institute of Small Enterprises and Development (ISED) has rolled out a unique platform for extending advisory services to Covid19-affected MSMEs in Kerala.
The initiative is aimed at offering free guidance to entrepreneurs to make self-evaluation for improving their performance.
ISED Centre for Financial Education and Research, a division of the ISED, has opened a dedicated window to address issues related to MSMEs, with specific focus on Covid. ISED Finance Clinic for Small Enterprises (ISED-FCSE) will service the interests of MSMEs, entrepreneurial aspirants such as return migrants, start-ups, educated unemployed, and women entrepreneurs.
Kerala is ranked 31 in terms of the number of self-employed, and second in relation to the size of casual labour. According to the Kerala Enterprise Development Report brought out by the institute, while the number of unregistered enterprises is sizeable, constituting 76.85 per cent of the total, the respective share of registered MSMEs is only 9.53 per cent.
The pandemic has shattered the budgets and operations of most SMEs in India and the situation is graver in Kerala. Post-lockdown, operational problems are likely to get aggravated. Beyond the broad macro-level projections and debates, it is now time to act at the grassroot level. Many entrepreneurs need appropriate clinical assessment, and moral and psychological support, says ISED Director PM Mathew.
ISED-FCSE is a social responsibility initiative of the institute, which considers it a small professional support to the State and Central government in their efforts to fight and manage the fallout of the pandemic.
The Finance Clinic is equipped with a multi-disciplinary team of experts. Enquiries and registration may be made at the Coordinator, ISED-FCSE; email: seo@isedonline.org.
Thank you for being a loyal user of Portfolio.
Portfolio will be a paid section hereon.
Please Subscribe to get access to one of our early bird packs.
Or click on Free Trial to get 14 days free trial.
What You'll Get
-
Web + Mobile
Access exclusive content of the Hindu Businessline across desktops, tablet and mobile device.
-
Exclusive Portfolio and Investment Advice, Banking, Lifestyle and Specials
Get diverse set of perspectives from our trusted experts on Portfolio, Banking, Economy, Environment and others.
-
Ad free experience
Experience cleaner site with zero ads and faster load times.
-
Personalised dashboard
Customize your preference and get a personalized recommendation of stories based on your interest.
Published on
June 01, 2020
A letter from the Editor
Dear Readers,
The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.
Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.
In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.
We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.
But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.
I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.
A little help from you can make a huge difference to the cause of quality journalism!
Support Quality Journalism