LEGAL MEASURES FOR SMALL BUSINESS IN INDIA

LEGAL MEASURES FOR SMALL BUSINESS IN INDIA

The resource person Mr.ROSHAN. B is an employee with the Crompton Greaves Consumer Electricals, one of India's biggest electrical FMCGs as Regional Head- Legal( South India).

The topic was legal measures for small business in India. . The  speaker started the session by explaining about small business with the help of a graph and how much it contributes to the Indian economy. Further the speaker gave a brief introduction about Micro Small and Medium Enterprises (MSME). He then explained about the classification of MSME  which are manufacturing enterprises and service enterprises. He then gave us an en-lightment on the process of registration, the documents required, the benefits of MSME registration, the MSME scheme by the government, MSME Samdhaan, the announcement made on May 13, Shops and Establishment Act and the changes under COVID. The speaker concluded stating that there is no protection to the employees in small business, the steps taken by the government is not implemented properly.