The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government. This Memorandum of Understanding (MoU) aims to encourage broader use of the GeM platform among state departments for purchasing goods...
On Tuesday, Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25, outlining a comprehensive plan to boost growth and development across India. The total expenditure is estimated at Rs 48,20,512 crore, with a strong focus on nine priorities:
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The government is poised to launch the 'Agri Fund for Startups and Rural Enterprises' (AgriSURE) to support agripreneurs. According to an official statement released on Friday, the fund would make sector-neutral investments, provide debt alternative Investment Funds (AIFs), and...
The Federation of Indian Micro and Small & Medium Enterprises (FISME) has called on the government to introduce a sector-agnostic production linked incentive (PLI) scheme tailored specifically for MSMEs. This recommendation, part of a detailed 10-point submission to Finance...
TransUnion CIBIL, in collaboration with NITI Aayog’s Women Entrepreneurship Platform (WEP), has launched Seher, a transformative initiative aimed at enhancing the financial literacy and business skills of women entrepreneurs. The initiative, a crucial part of WEP’s Financing Women Collaborative...
In the lead-up to the Union Budget, the Ministry of Commerce and Industry has once again advocated for the removal of the so-called “angel tax,” arguing that it hampers the growth of India's start-up ecosystem. Rajesh Kumar Singh, Secretary...
B2B healthtech platform Watch Your Health has announced raising $5 million in funding from early-growth stage venture capital firm Cornerstone Ventures and Singapore-based investment firm Conquest Global. This fresh capital will be instrumental in expanding the company’s operations and...
The Ministry of Corporate Affairs (MCA) has announced the upcoming transition of additional statutory filing forms to a web-based format. Starting next month, this move is part of the ongoing technology transformation initiative for corporate filings. It is aimed...
Artificial intelligence (AI) is transforming businesses globally, and India’s Micro, Small, and Medium Enterprises (MSMEs) are no exception. A recent white paper by Nasscom, supported by Meta, sheds light on the immense potential AI holds for tech-enabled MSMEs in...
India's e-commerce sector is experiencing a phenomenal surge, projected to reach $300 billion by 2030. This rapid growth is fueled by Micro, Small, and Medium Enterprises (MSMEs), the backbone of the Indian economy. The integration of MSMEs into the...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
