MSMEs Gain Momentum: An Insight into the Fund Allocation in the Budget over the years

2021 ◽  
Vol 12 (1) ◽  
pp. 15-22
Author(s):  
Dr. Pritha Chaturvedi ◽  
Keyword(s):  
Major Part ◽  
Small And Medium Enterprises ◽  
Goods And Services ◽  
Fund Allocation ◽  
The Government ◽  
Medium Enterprises ◽  
Insight Into

The Micro, Small and Medium enterprises (MSMEs) are the largest employers in the country after agriculture. The labor intensive sector employs approximately 114 million persons and contributes nearly 30 per cent to India’s GDP. MSME is considered as the boon for the fresh talents in India promoting economic solidity in terms of growth and export. Approximately 50 per cent of our exports come from goods and services produced and sold by the sector. Not only that the MSMEs and its contributions are directly or indirectly benefitting many other prime sectors of the country. The government acknowledging the importance of the sector grants a major part of its outlay on the same. The article is an attempt to present the analysis of the improvisation in the fund allocation for the sector in the last three budgets till the current one passed on 17th of March 2021.

scholarly journals Peran Badan Usaha Milik Desa (BUM-Des) dalam Meningkatkan Pendapatan Usaha Kecil Menengah (UKM) di Desa Gerung Permai, Kecamatan Suralaga, Kabupaten Lombok Timur

2022 ◽  
Vol 6 (1) ◽  
Author(s):  
Salmi Yuniar Bahri ◽  
Abdul Khalik ◽  
Martin Romiza
Keyword(s):  
Small And Medium Enterprises ◽  
Social Economy ◽  
Active Role ◽  
Savings And Loans ◽  
Research Perspective ◽  
Goods And Services ◽  
The Government ◽  
Village Government ◽  
Medium Enterprises ◽  
The Village

Small and Medium Enterprises (SMEs) are one of the pillars of the domestic economy, especially for village government. However, they often do not get good support from the village government. Therefore, the government must involve the existence of Village-Owned Enterprises (BUMDes) to increase the income of SMEs so that they can improve the village economy. Village-Owned Enterprises have become a pillar of social economy (social economy) and commercial (commercial Institution) for people who want to manage and develop the potential and needs of villages to be used as business facilities in increasing village community income, as well as contributing to good social service and presentation. Meanwhile, as a commercial institution, it aims to seek profit through offering local resources (goods and services) to the community. This research uses a qualitative descriptive approach that emphasizes understanding the design of the proposed social phenomenon approach from the subject of the research perspective. This research was conducted in Gerung Permai Village, Suralaga District, East Lombok Regency by involving BUMDes Management and UKM actors as sources of data taken by means of interviews and questionnaires. The results of the research are that BUMDes Gerung Permai, Suralaga District, East Lombok Regency supports the existence of SMEs as a means to improve the community's economy. Therefore, BUMDes plays an active role in providing assistance to SMEs in the form of savings and loans with only one percent interest.

scholarly journals Kebijakan Pertanahan pada Era Masyarakat Ekonomi Asean (MEA)

2016 ◽  
Vol 2 (2) ◽  
pp. 227
Author(s):  
Hadi Arnowo ◽  
Djudjuk Tri Handayani
Keyword(s):  
Land Use ◽  
Poverty Reduction ◽  
Large Scale ◽  
Small And Medium Enterprises ◽  
Community Empowerment ◽  
Land Utilization ◽  
Goods And Services ◽  
The Government ◽  
Medium Enterprises ◽  
The Impact

Abstract : ASEAN Economic Community (AEC) has the aims to transform ASEAN into a stable, prosperous, and highly competitive region through equitable economic development, poverty reduction and socio-economic disparities. As a consequence, since 2015, ASEAN becomes region with free trade of goods, services, investment, and skilled labor. The impact of the implementation of MEA is shown by the price and quality of goods and services that become competitive, affecting domestic products and services from Small and Medium Enterprises (SMEs), as well as farmers. The government has sought to support SMEs and farmers through direct and indirect assistance. Land is the sector that has the most influential effect among other sectors to provoke economic growth of SMEs and farmers, because land has the function as natural resource as well as work location. To optimize this, land policies are needed to regulate land use arrangement, land asset legalization, control of land utilization and community empowerment through access reform. Asset legalization for SMEs and farmers, as well as asset legalization for infrastructures. Land use and land utilization control was implemented to optimize large-scale agricultural area by set up cooperation scheme with local people. Community empowerment was implemented through access reform, prioritized to the regions that have leading commodities or products. Keywords : competition, land use arrangement, assets legalization, land utilization, community empowermentIntisari : Pembentukan Masyarakat Ekonomi ASEAN (MEA) bertujuan untuk mentransformasikan ASEAN menjadi kawasan yang stabil, makmur, dan sangat kompetitif melalui ekonomi pembangunan yang adil, berkurangnya kemiskinan dan kesenjangan sosial-ekonomi. Sebagai konsekuensinya, ASEAN menjadi daerah dengan pergerakan bebas barang, jasa, investasi, tenaga kerja terampil, dan aliran modal sejak tahun 2015.Dampak pemberlakuan MEA adalah terjadinya persaingan harga dan kualitas barang dan jasa yang berpengaruh terhadap produk dan jasa domestik yang umumnya dilakukan oleh pelaku Usaha Kecil dan Menengah (UKM) dan petani. Pemerintah telah berupaya membantu pelaku UKM dan petani melalui bantuan langsung dan tidak langsung. Sektor pertanahan adalah sektor yang paling berpengaruh terhadap tumbuhnya perekonomian pelaku UKM dan petani. Hal tersebut karena tanah merupakan sumberdaya alam sekaligus ruang tempat berusaha. Agar dapat membantu pelaku UKM dan petani diperlukan langkah–langkah kebijakan pertanahan berupa penatagunaan tanah, legalisasi aset, pengendalian pemanfaatan tanah, dan pemberdayaan masyarakat melalui akses reform. Legalisasi aset bagi pelaku UKM dan petani serta legalisasi aset untuk infrastruktur. Pengendalian pemanfaatan tanah adalah untuk mengoptimalkan tanah pertanian berskala besar melalui kerjasama dengan penduduk sekitar. Pemberdayaan masyarakat dilaksanakan dengan menfasilitasi UKM dan petani untuk memperoleh akses permodalan dimana prioritas ditujukan pada lokasi–lokasi yang memiliki produk atau komoditi unggulan. Kata Kunci : kompetisi, penatagunaan tanah, legalisasi aset, pemanfaatan tanah, pemberdayaan masyarakat

Pengaturan Waralaba Di Indonesia: Perspektif Hukum Bisnis

Liquidity ◽  
2018 ◽  
Vol 1 (2) ◽  
pp. 159-166
Author(s):  
Muchtar Riva’i
Keyword(s):  
Government Regulation ◽  
Small And Medium Enterprises ◽  
Economic Community ◽  
The Law ◽  
The Government ◽  
Medium Enterprises ◽  
Article 5 ◽  
Laws And Regulations

The law arrangement of franchise law was first explicitly regulated by the Government Regulation No. 16 of 1997 which is then updated by Government Regulation No. 42 of 2007 to be created in an agreement that at least contains clauses as stipulated by Article 5 of the Government Regulation. However, franchise arrangements also associated with a variety of other laws and regulations applicable in Indonesia. This article is going to state that the importance of partnerships with small and medium enterprises as an effort to encourage the involvement of the wider economic community.

scholarly journals Analysing spatial interdependence among the 2011 Thailand flood-affected small and medium enterprises for reduction of disaster recovery time period

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
Shubham Pathak ◽  
Jorge Chica Olmo
Keyword(s):  
Disaster Recovery ◽  
Small And Medium Enterprises ◽  
Spatial Econometric ◽  
Middle Income ◽  
Management Planning ◽  
Accurate Perception ◽  
The Government ◽  
Medium Enterprises ◽  
Disaster Management Planning ◽  
The Impact

AbstractNatural disasters have been a significant hurdle in the economic growth of middle-income developing countries. Thailand has also been suffering from recurring flood disasters and was most which are severely affected during the 2011 floods. This paper aims to identify the various factors that impact the speed of disaster recovery among the Small and Medium Enterprises (SMEs) severely affected by the floods in Pathumthani province in central Thailand, and how it is related to its speed decision of neighbours SMEs. The methodology adopts a spatial econometric model, to analysis and understand each of the chosen factors’ impact. The findings include the impact of disaster resilience, mitigation and planning at the SME level as well as the government level. The absence of accurate perception of actual risk, flood insurance and disaster management planning before the 2011 floods had contributed to the severity of the impacts during the 2011 floods.

Analisis Dampak Toko Modern Terhadap Keberadaan Usaha Mikro, Kecil, Menengah Di Kota Padangsidimpuan

2021 ◽  
Vol 4 (1) ◽  
pp. 208
Author(s):  
Rahmat Kurniawan ◽  
Azhar Azhar
Keyword(s):  
Human Resources ◽  
Negative Impact ◽  
Positive Impact ◽  
Small And Medium Enterprises ◽  
City Government ◽  
Banking Institutions ◽  
The Government ◽  
Medium Enterprises ◽  
Role Of The Government

This research is to find out the perceptions of micro, small and medium enterprises to modern stores, MSME partnerships with modern stores, constraints, and the role of the government in overcoming the problems of modern shops and MSMEs in Padangsidimpuan City. This research is a descriptive qualitative study by conducting in-depth interviews. The results showed the perception of MSMEs towards modern stores had a negative and positive impact. The negative impact, the income of MSMEs has decreased. The positive impact, the presence of modern stores motivates MSMEs to evaluate themselves from modern stores. The partnership established by MSMEs with modern stores is the use of business locations provided by modern stores. The constraints of MSMEs are business capital, human resources, business legality, business permits and products, while the constraints of modern stores are business permits, human resources and partnerships with MSMEs. The role of the City Government of Padangsidimpuan is for modern stores, namely to give an appeal not to add to modern store outlets and to call for partnerships in terms of marketing local MSME products. For MSMEs, facilitate MSMEs with banking institutions in terms of providing venture capital, training and guidance to MSMEs, and making packaging houses.

scholarly journals Role of the Local Government and Participation of Micro, Small and Medium Enterprises (UMKM) In the Development of Plastic Craft Industry

2020 ◽  
Vol 5 (1) ◽  
pp. 59-65
Author(s):  
Ardyan Firdausi Mustoffa ◽  
Ika Farida Ulfah ◽  
Iin Wijayanti
Keyword(s):  
Local Government ◽  
Data Collection ◽  
Qualitative Method ◽  
Small And Medium Enterprises ◽  
Sampling Techniques ◽  
Role Of Government ◽  
The Government ◽  
Craft Industry ◽  
Medium Enterprises

This study aims to describe the role of local government and the participation of Micro, Small and Medium Enterprises in the development of Plastic Woven Crafts in Karanggebang Jetis Village, Ponorogo Regency. The theory used in the formulation of the first problem regarding the role of local government uses the theory of Gede Diva (2009) which divides the role of government in three ways, namely the role of government as a facilitator, the role of government as regulator and the role of government as a catalyst. Second, the participation of UMKM actors uses the theory of Cohen and Uphoff in Distianto (2016) into four forms of participation, namely participation in planning, participation in implementation, participation in the utilization of results and finally participation in evaluation.This research uses the descriptive qualitative method. The technique of determining informants using purposive sampling techniques and data collection techniques carried out through interviews, observations, and documentation. The results of this research in the efforts to develop UMKM Plastic Weaving Crafts in Karanggebang Jetis Village, Ponorogo Regency, in general, there has been no interference from the government and UMKM entrepreneurs. So far, plastic woven crafts are still not developed. To develop UMKM especially plastic woven handicrafts located in Karanggebang Jetis, it is necessary to have the role of government and participation of UMKM actors.

scholarly journals Taxing Micro, Small and Medium Enterprises in Yogyakarta: Regulation and Compliance

BESTUUR ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 59
Author(s):  
Siti Rahma Novikasari ◽  
Duc Quang Ly ◽  
Kerry Gershaneck
Keyword(s):  
Tax Policy ◽  
Income Tax ◽  
Government Regulation ◽  
Small And Medium Enterprises ◽  
Tax Avoidance ◽  
Tax Compliance ◽  
Legal Compliance ◽  
The Government ◽  
Medium Enterprises ◽  
Compliance Constraints

<p>Government Regulation No. 46/2013 has not been optimal in providing legal compliance on taxation for Micro, Small, and Medium Enterprises (MSMEs), especially in Yogyakarta. This policy was evaluated and amended with Government Regulation No. 23/2018. The amendment in tax policy for MSME actors was this research background to examine: First, how does the final income tax policy impact MSME taxpayers' compliance in Yogyakarta? Second, what are the legal compliance constraints of MSME taxpayers? The method used in this research was a juridical empirical, supported with the statute and conceptual approach. The results showed that the amendment in the final income tax tariff policy from 1% to 0.5%, as well as provide legal certainty of the timeframe of taxation had a positive impact on increasing taxpayer compliance. There was an increase in the number of taxpayers to 41,000 in 2019, or an increase of 15.5% compared to the number of taxpayers in 2017. However, tariff reduction has not been the answer to taxpayer non-compliance, the Regional Office of the Directorate General of Taxes of the Special Region of Yogyakarta still found tax avoidance. Tax compliance constraints were also caused by taxpayers' distrust of the government, poor tax morale, and tax knowledge. The government needs to conduct a cooperative compliance approach in taxation policies based on trust and dialogue between taxpayers and the government to improve MSME taxpayer compliance.</p><p><strong>Keywords:</strong> Tax Compliance; Final Income Tax Regulation; Micro; Small; Medium Enterprises.</p>

scholarly journals COMMERCIAL BANKS AND THEIR EFFECT ON SMALL AND MEDIUM ENTERPRISES FINANCING IN RWANDA: A CASE STUDY OF KIGALI CITY AND SOUTHERN PROVINCE

AGROFOR ◽  
2021 ◽  
Vol 6 (1) ◽  
Author(s):  
Mutamuliza EULARIE ◽  
Giramata AURORE
Keyword(s):  
Financial Services ◽  
Commercial Banks ◽  
Small And Medium Enterprises ◽  
Financial Industry ◽  
Chi Square ◽  
Southern Province ◽  
Start Up ◽  
Chi Square Test ◽  
The Government ◽  
Medium Enterprises

Commercial Banks worldwide are identified to be one of the key players in the financial industry that have positively affected individuals involved in business, and the economy at large, through the functions they perform in the economy. However, inadequate financing in the activities of Small and Medium Enterprises (SMEs) is still the major constraint faced by people involved in business activities. Even though the Government of Rwanda has made effort to improve the accessibility to credit, entrepreneurs still have some challenges to access financial services in order to improve their businesses. The purpose of this research was to assess the contribution of commercial banks in financing SMEs in Rwanda. A sample of 60 SMEs was selected in Kigali and Southern Province of Rwanda. Data was collected from the respondents through a structured questionnaire. The collected data were analyzed using descriptive statistics such as frequencies and percentage distributions. A Pearson Chi-Square Test was used to analyze the relationship between commercial banks and SMEs in Rwanda. The results indicated that the main purposes of loan application were start-up capital, working capital and expansion of businesses. The results also revealed that there was positive relationship between commercial banks and SMEs in Rwanda. The results revealed as well, that commercial banks in Rwanda played a crucial role in contribution to SME’s economic development and small and medium entrepreneurs who got credit from commercial banks expanded their businesses and increased their income.

scholarly journals An Insight Into the Value Added Tax System Detailing Its Origins, Impact, Provisions and Regulations With Reference to India

2004 ◽  
Vol 3 (1) ◽  
pp. 19-29
Author(s):  
Tomy Kallarackal
Keyword(s):  
European Economic Community ◽  
Value Added ◽  
Tax Credit ◽  
Value Added Tax ◽  
Excise Duty ◽  
Goods And Services ◽  
The World ◽  
The Difference ◽  
The Government ◽  
Insight Into

The Value Added Tax was first introduced in France in 1954. It was the resultant effort of France and members of the European Economic Community (E.E.C) during the 1950s aimed at the simplification of commodity taxes. Currently more than 130 nations in the world have adopted the VAT system. In the last decade alone over 50 nations have introduced VAT. This includes implementation in China and most recently the addition of Australia to the list of VAT nations. The world over, VAT is payable on both goods and services as they constitute a part of the national GDR Excise duty and sales taxes are merged into the singularity of VAT. No tax is levied on exports with full input tax credit made available. The scheme of taxation adopted by most nations is very simple. The seller of goods and the service provider charge tax on sales, avail input tax credit and pay the difference as VAT to the goVernment treasury. The compliance system in VAT nations is also very simple. There is very less interface between the tax collector and the tax payer. However there are provisions for heavy penalization of VAT defaulters. VAT is administered nationally and is also levied on imports.  

scholarly journals THE STUDY OF SME’S PROFITABILITY AND ITS RELATION TO THE AVAILABILITY OF ELECTRICAL ENERGY IN TELUK WONDAMA REGENCY

2019 ◽  
Vol 2 (3) ◽  
pp. 173
Author(s):  
Irawantho Irawantho ◽  
Alimuddin Alimuddin ◽  
Nursini Nursini
Keyword(s):  
Small And Medium Enterprises ◽  
Research Result ◽  
Electrical Energy ◽  
Regression Equation ◽  
Primary Data ◽  
Energy Costs ◽  
Analysis Model ◽  
The Government ◽  
Medium Enterprises

This research aimed to investigate the effect of electrical energy costs, the business capital, and the total of the laborers on the profits of the Micro Small and Medium Enterprises in Teluk Wondama Regency.This research used the regression equation. The Objects of the study were Micro Small and Medium Enterprises who were business actors who were impacted doe to the establishment of the cooperation between the Government of Teluk Wondama Regency and PT. PLN in term of supply of the electrical energy. The data were collected using the technique of questionnaires distributed to 90 micro small and medium enterprises. The types of data used were the primary data. The analysis model used in this research was the multiple linear regression.The research result indicated that (1) The electrical costs had a positive and significant effect on the profits of SME in Teluk Wondama Regency; (2) The business capital had a positive and significant effect on the profits of SME in Teluk Wondama Regency; (3) The number of laborers had a positive and significant effect on the profits of SME in Teluk Wondama Regency. The roles of the three factors together had the effect of 46.5%, while the rest of about 53.5% was determined by other factors.

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