{"id":325192,"date":"2025-01-30T17:56:07","date_gmt":"2025-01-30T12:26:07","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=325192"},"modified":"2025-01-30T17:56:07","modified_gmt":"2025-01-30T12:26:07","slug":"team-initiative","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/team-initiative\/","title":{"rendered":"TEAM Initiative"},"content":{"rendered":"<p><span data-contrast=\"auto\"><strong>News:<\/strong> The\u00a0Trade Enablement and Marketing (TEAM) initiative has been launched under the Raising and Accelerating MSME Productivity (RAMP) Programme of the Ministry of MSMEs to boost digital commerce for MSMEs.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<h2><span data-contrast=\"auto\">About TEAM Initiative<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/h2>\n<figure id=\"attachment_325193\" aria-describedby=\"caption-attachment-325193\" style=\"width: 300px\" class=\"wp-caption alignnone\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-325193\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/01\/TEAM-Initiative.png?resize=300%2C170&#038;ssl=1\" alt=\"TEAM Initiative\" width=\"300\" height=\"170\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/01\/TEAM-Initiative.png?resize=300%2C170&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/01\/TEAM-Initiative.png?resize=1024%2C580&amp;ssl=1 1024w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/01\/TEAM-Initiative.png?resize=768%2C435&amp;ssl=1 768w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2025\/01\/TEAM-Initiative.png?w=1129&amp;ssl=1 1129w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-325193\" class=\"wp-caption-text\">Source- Business World<\/figcaption><\/figure>\n<ul>\n<li><span data-contrast=\"auto\">The initiative aims to <strong><em>empower MSMEs<\/em><\/strong> with digital tools and guidance by integrating them with the <strong><em>ONDC (Open Network for Digital Commerce).<\/em><\/strong><\/span><strong><em>\u00a0<\/em><\/strong>\n<ul>\n<li><span data-contrast=\"auto\">It aims to bring <em><strong>5 lakh MSMEs onto the ONDC.<\/strong><\/em><\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<li><strong>Features:<\/strong><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span>\n<ul>\n<li><span data-contrast=\"auto\">Enables MSMEs to <strong><em>leverage the e-commerce marketplace.<\/em><\/strong><\/span><strong><em>\u00a0<\/em><\/strong><\/li>\n<li><span data-contrast=\"auto\">Helps MSMEs to <strong><em>widen their customer base and increase their income.<\/em><\/strong><\/span><strong><em>\u00a0<\/em><\/strong><\/li>\n<li><span data-contrast=\"auto\"><strong><em>Bolsters the credibility<\/em><\/strong> of MSMEs by establishing their digital presence and transaction history.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Use of digital technologies <strong><em>reduces the cost of doing business.<\/em><\/strong><\/span><strong><em>\u00a0<\/em><\/strong><\/li>\n<li><span data-contrast=\"auto\"><strong><em>Promotes inclusivity<\/em><\/strong> by ensuring that 50% of participating businesses are women-led.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">Plans to<strong><em> increase awareness<\/em><\/strong> by conducting over 150 workshops in tier 2 and tier 3 cities.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span data-contrast=\"auto\">A <strong><em>budget of Rs. 277.35 crore<\/em><\/strong> has been sanctioned for the <strong><em>duration of FY 2024-25 to FY 2026-27.<\/em><\/strong><\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li>\n<li><span data-contrast=\"auto\">It has been launched by the <strong><em>Ministry of Micro, Small and Medium Enterprises (MSME)<\/em><\/strong> and the implementing agency is <strong><em>National Small Industries Corporation (NSIC).<\/em><\/strong><\/span><strong><em>\u00a0<\/em><\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The\u00a0Trade Enablement and Marketing (TEAM) initiative has been launched under the Raising and Accelerating MSME Productivity (RAMP) Programme of the Ministry of MSMEs to boost digital commerce for MSMEs.\u00a0 About TEAM Initiative\u00a0 The initiative aims to empower MSMEs with digital tools and guidance by integrating them with the ONDC (Open Network for Digital Commerce).\u00a0&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/team-initiative\/\">Continue reading <span class=\"screen-reader-text\">TEAM Initiative<\/span><\/a><\/p>\n","protected":false},"author":10384,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,12039],"tags":[11872],"class_list":["post-325192","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-knolls","tag-9pm-daily-factly","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/325192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10384"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=325192"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/325192\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=325192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=325192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=325192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}