Page 18 - Craftcil June 2025

seminars & workshops

Empowering Handicrafts MSMEs: Access to Capital Through

Smart Credit Solutions and Automating GST Refunds using Technology

th
Awareness Seminar at Moradabad, Uttar Pradesh; 14 June2025

EPCH organised an awareness seminar on
"Empowering Handicrafts MSMEs: Access to
Capital Through Smart Credit Solutions and
Automating GST Refunds using Technology" at
Moradabad, Uttar Pradesh on 18th June 2025.
The session brought together key stakeholders
from the region including handicraft exporters,
young entrepreneurs, and industry experts,
focused on equipping MSMEs with modern
Dr. Neeraj Khanna, Chairman, EPCH alongwith Mr. Vishal Agarwal, prominent member exporter and
financial tools and digital solutions to strengthen
National Chairman, Young Entrepreneur Society (YES); Mr. Rohit Dhall, prominent member exporter
business sustainability.
and Executive Director, Young Entrepreneur Society (YES); Session Expert, Mr. Rishabh Agarwal, Senior
Dr. Neeraj Khanna, Chairman, EPCH; Mr. Vishal Vice President, Credlix; and Mrs. Bhumika Verma, Director, MyGST Refund; Mr. Sushil Agarwal, Deputy
Agarwal, prominent member exporter and Director, EPCH during the awareness seminar held at Moradabad
National Chairman, Young Entrepreneur Society
(YES); Mr. Rohit Dhall, prominent member exporter and Executive
Director, Young Entrepreneur Society (YES); Mr. J P Singh, prominent
member exporter and Chairman, Young Entrepreneur Society (YES);
Session Expert - Mr. Rishabh Agarwal, Senior Vice President, Credlix;
and Mrs. Bhumika Verma, Director, MyGST Refund; Mr. Sushil
Agarwal, Deputy Director, EPCH and a large number exporters
from Moradabad were present.
In his address, Dr. Neeraj Khanna emphasised that MSMEs must stay
financially agile amid an evolving regulatory landscape. He stated
that the seminar aimed to build capacity around access to credit
and seamless GST refund processes, mitigating financial risks and Dr. Neeraj Khanna, Chairman, EPCH; and session experts : Mr. Rishabh Agarwal,
bolstering cash flows. He added that such events help create a Senior Vice President, Credlix; and Mrs. Bhumika Verma, Director, MyGST Refund
financially informed and digitally enabled ecosystem, crucial for
Mr. Rishabh Agarwal, Senior Vice President, Credlix, in his detailed
making the handicrafts sector more sustainable and competitive.
presentation shared that Factoring is a powerful financial tool that
Mr. Vishal Agarwal expressed his encouragement at the active
can revolutionize the way MSMEs manage their cash flow. For
participation of MSMEs in such knowledge-sharing platforms. He
handicraft exporters, where working capital is often tied up in
noted that the seminar addressed common financial hurdles like
receivables, factoring allows immediate liquidity without the
working capital gaps and refund delays, while inspiring participants
burden of collateral or lengthy loan procedures. Mrs. Bhumika
to adopt innovative financial practices.
Verma, Director, MyGST Refund, shared timely GST refunds are critical
Mr. J P Singh added that focusing on smart credit solutions and for MSMEs in the export sector, and technology can play a
leveraging technology for automating GST refunds offered valuable transformational role here. By automating the entire process from
guidance to handicrafts exporters and entrepreneurs. He invoice matching to refund filing businesses can reduce manual
emphasised that such efforts play a vital role in strengthening the errors, save time, and track their claims in real-time. The seminar
backbone of India’s handicraft sector. offered practical insights and the Q&A addressed queries.

18 CRAFTCIL • JUNE 2025