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Open Credit Enablement Network: Can OCEN be a game-changer for Indian MSME?, ET Auto

Open Credit Enablement Network (OCEN) has been launched in India to address the challenge of access to formal lines of credit for small and medium-sized enterprises (SMEs). With 63.39 million SMEs contributing a third of India s GDP and employing 110 million people, OCEN aims to provide unsecured short-term working capital loans at lower interest rates. By leveraging digital footprints and the Aadhaar-based eKYC system, OCEN aims to reduce the borrowing period to a quarter, making it easier for banks to lend to SMEs. ....

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Training the next generation of ag and food workers takes innovative approaches

Colleges, companies, farm organizations and others around the country are employing innovative thinking to develop the next generation of ag and food employees. Apprenticeships, workforce training, career development and onboarding employees all offer ways for companies to build their future workforce with the talent needed to meet the growing projected job opportunities in the agricultural sector. ....

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