Rajeev Chandrasekhar, minister of state for Electronics & IT(MoS), recently said that The India Digital Act is coming up in April 2023, one of the most significant steps taken to protect digital personal data of India’ citizens and have...
There are multiple payment options for SMEs to choose from. Majority of the SMEs prefer the UPI way as that is the easiest and most widely used for payments.
Best Payment system for SMEs and how that can affect the...
Telangana Government has introduced a new prototyping facility in Hyderabad to initiate product innovation. The government launched T-Works in the presence of manufacturing giant Fox Conn’s Chairman Young Liu. The innovation and research facility will provide prototyping platform to...
Global Alliance for Mass Entrepreneurship (GAME) and C2FO (Collaborative Cash Flow Optimization) jointly released The Delayed Payments Report 2.0 titled 'Imagining Solutions to Unlock Working Capital for MSMEs'. This was released by the Chief Economic Advisor to the Government...
Hackers can go on rampage when it comes to Ransomware we have seen cyber threats looming and unless the organizations are big with enough budget to take care of cyber hygiene, it is extremely difficult to stop the menace...
According to IBEF, India is home to 63 million MSMEs. We need enablers to grow MSMEs and scale. Scale comes from reaching a wider customer base, wider range of services and products.
In terms of growth, the MSME(s) have a...
To enable virtual transactions via mobile phones between India &
Singapore the Monetary Authority of Singapore (MAS) and the Reserve
Bank of India (RBI) today launched the linkage between Singapore’s
PayNow and India’s Unified Payments Interface (UPI).
Indian customers of all participating Indian...
As the world getting more connected with advent of digital technologies
Maturity and inherent connectedness of people and devices and whole
lot of communication that goes on within an outside the organizations.
Now cybercriminals are also far ahead in their tactics and...
Retail and wholesale traders and Wholesalers tops the list in MSME sector
based on the number of registrations on the Udyam portal.
The data as of February 2, 2023, out of around 1.38 crore Udyam-registered
MSMEs in the top 10 categories contributed...
Small and medium enterprises (MSMEs) are the backbone of the Indian
economy, contributing significantly to employment generation and GDP
growth. However, MSMEs face numerous challenges, such as lack of
access to finance, technology, and skilled labor, which hinder their
growth and sustainability. They...