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What is Trade Receivables Discounting System (TReDs)

Chapter 6
Handbook of Research on Strategies and Interventions to Mitigate COVID-19 Impact on SMEs
The schemes for setting up and operating the institutional mechanism for facilitating the financing of trade receivables of MSMEs from corporate and other buyers, including Government Departments and Public Sector Undertakings, through multiple financiers
Published in Chapter:
Current and Post-COVID-19 Impact on SME Business Growth and Sustainability Trajectory
Kannan Rajagopal (Symbiosis Centre for Management and Human Resource Development, Symbiosis International University, India) and Vaisahli Mahajan (Symbiosis Centre for Management and Human Resource Development, Symbiosis International University, India)
Copyright: © 2021 |Pages: 24
DOI: 10.4018/978-1-7998-7436-2.ch006
Abstract
This chapter attempts to study the COVID-19 pandemic's impact on business success and failure with an emphasis on small and medium-sized enterprises (SMEs). The other prime objective of the chapter is to discuss the various strategies that have been instigated by the government and other agencies to manage the adverse economic consequences caused by the pandemic situation. The theoretical investigation is done using secondary sources, which reveals that the SME sector has infused a strategic measure to bring back the situation to normalcy. However, there are still some more expectations from the SME sectors specifically from the government and other stakeholders to help them come out of this unforeseen situation.
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