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ABOUT EVENT
As part of Aatma Nirbhar Bharat Abhiyan, the announcements have been made by the Government and calls for action now. The onus of the ground-level implementation of the said announcements falls on the banks, financial institutions, and other allied service providers which together constitute the financial architecture of the MSME sector and are critical in providing financial and alternative viable solutions to empower the MSMEs economically.
Keeping in view the current situation and much needed support for innovative financing solutions, CII in Partnership with the Ministry of MSME is organizing MONEY MOBILITY WEEK from 25-29 August 2020 on a Virtual Platform.
The Programme was conceptualized with the idea of having an outcome-oriented approach through the Month-Long Loan campaign beginning from 10 August till 10 September 2020, where MSMEs at pan India level will be applying for their Loan requirements on www.ciisme.in which shall be scrutinized initially by Online PSB Loan Portal, for further forwarding to the Banks for consideration. This constituent aims at helping MSMEs through initial facilitation for finance with no additional cost pertaining to any processing fee or convenience fee for applying online and getting it initially scrutinized.
In addition to the above, through the Money Mobility week from 25-29 August 2020, we aim to bridge the gap between all the financial stakeholders of the MSME sector for creating awareness and showcasing their offerings through the medium of virtual booth space which will be parallel to the discussion sessions with aforesaid financial solution providers such as Nationalized and Pvt Banks, NBFCs, Fintech Companies, Digital Payment Solution Providers, Equity Financing Platform, TReDS platform, Insurance Companies, and Tax and Compliance Advisers. All the aforesaid stakeholders in addition to the Ministry of MSME will lead to the conglomeration of the complete ecosystem for MSMEs on a single platform for the benefit and economic empowerment of the MSME sector.