Taxmann Micro, Small and Medium Enterprises (MSMEs) By IIBF Edition Dec 2025

Taxmann Micro, Small and Medium Enterprises (MSMEs) By IIBF Edition Dec 2025

The Present Publication is the 2025 Edition, revised and updated by Professor Emeritus (Dr.) Rajendra Kumar Sinha, an eminent authority on MSME development and banking, and vetted by CMA/CS (Dr.) P. Siva Rama Prasad. Taxmann exclusively publishes this book for the Indian Institute of Banking and Finance with the following noteworthy features:

• [Comprehensive MSME Ecosystem Coverage] From definitions to global trends, from compliance to cluster development, the book offers unmatched depth on the entire lifecycle of MSME development
• [Latest Policy & Regulatory Updates] Covers updated MSME thresholds, revised regulatory landscape under MSMED Act, updated RBI and CGTMSE guidelines, and provisions from the FY 2025–26 Budget
• [Complete Financing Ecosystem Analysis] Detailed chapters on access to finance, institutional mechanisms (SIDBI, NABARD), digital lenders, risk assessment, credit appraisal, NPA management, and recovery frameworks
• [Practical Tools for Bankers]
  • Practical case studies
  • Early-warning indicators
  • Monitoring frameworks
  • Best practices in credit delivery
  • Ethical banking and customer interaction
• [Digital Transformation Orientation] Covers digital onboarding, KYC/CKYC, online documentation, FinTech integration, and TReDS-based receivable resolution mechanisms
• [Extensive Schemes Compendium] Includes central schemes, state initiatives, artisan support platforms, PLI schemes, logistic policies, cluster programs, EDIs, and women-centric MSME schemes
• [Operational Handbook for MSMEs] Marketing, sales, HR management, production challenges, supply-chain issues, regulatory bottlenecks, and practical solutions for enterprise owners
• [Sickness Detection & Rehabilitation] Equips readers with actionable frameworks on diagnosing early sickness, restructuring, IBC pre-pack procedures, and NARCL-related processes
• [Rich Annexures for Easy Reference] Includes statutory material, RBI circulars, SIDBI loan products, CGTMSE fee charts, Budget 2025–26 initiatives, and comprehensive scheme catalogues

The coverage of the book is as follows:

• Introduction to MSMEs
  • Definition, new classification, criteria, 7-Ms of MSMEs, global/local landscape, constraints, contribution to GDP & employment
• MSME Policy, Legal & Compliance Framework
  • MSMED Act 2006, amendments, regulatory architecture, documentation, forms of organisation, LLP framework, CERSAI, MIRA report, sustainability measures
• Schemes for MSME Development
  • Central & state schemes, Make in India, Industrial Corridors, PLI schemes, PM Vishwakarma, logistics policies, NSIC, KVIC, NIESBUD, EDII, institutions supporting entrepreneurship
• Access to Finance
  • Credit channels, working capital, term finance, alternative financing, SIDBI, NABARD, digital lenders, credit guarantees
• Credit Management & Lending
  • Credit appraisal, financial literacy, cluster approach, delayed payment issues, ethical lending, NPA handling, recovery processes, and prudential guidelines
• Marketing & Sales
  • Market development, branding, distribution, pricing, export promotion
• Human Resource Management
  • Skill development, workforce management, productivity frameworks
• Cluster Development
  • Cluster dynamics, tools, competitiveness measures, and institutional support mechanisms
• Digital Onboarding
  • Digital documentation, KYC/CKYC, online registration, digital credit platforms
• Receivables Management – TReDS
  • Mechanisms, fintech models, digital discounting, MSME receivable flows
• Compliance & Ethics
  • Best practices, governance, and ethical conduct in lending and enterprise operations
• Operational Challenges
  • Financial, market, technological, and organisational challenges with practical solutions
• Case Studies
  • Success & failure analyses, diagnostic tools, lessons for bankers and entrepreneurs
• Detection of Sickness & Rehabilitation
  • Early warning signals, follow-up mechanisms, IBC pre-pack framework, restructuring strategies
• Emerging Issues, Trends & Opportunities
  • WTO impact, globalisation, climate challenges, digital transformation, fintech trends, future landscape
• Annexures
  • MSMED Act 2006
  • Gazette notifications (2020 revisions)
  • Schemes implemented by Ministries & SIDBI
  • CGTMSE fee revisions
  • RBI circulars on MSME restructuring
  • Illustrations & exercises
  • Budget 2025–26 MSME initiatives