MSMEs are the backbone of the Indian Economy, contributing 29.7% of the nation’s GDP. The Honourable Prime Minister’s vision is to increase its MSMEs contribution to Indian GDP by 50%. A jump from 30% to 50% requires an optimized...
There is no shortage of challenges SOC teams face today: an ever-increasing barrage of advanced threats, an increase in number remote workers accessing the corporate network, proliferation of security tools to cover an expanding attack surface, an increase in...
In 2019, Prime Minister Narendra Modi envisaged transforming India into a powerful $5 trillion economy by the year 2024-25. Micro and small industries were supposed to be crucial player in achieving the goal due to the exceptional contribution of...
The MSME sector forms the foundation of the Indian dream of an Atmanirbhar Bharat. But, the Covid-19 pandemic and resultant disruptions affected MSMEs’ earnings by 20-50%. The greatest brunt was borne by the SMEs because of reduced demand and...
PayU's new product suite gives easy access to credit
PayU, India’s leading online payments solutions provider, has introduced a full-stack, versatile product suite to provide simplified access to credit for PayU’s 3.5 lakh merchants. PayU has launched three products –...
Digitization of Indian MSMEs
Digitization and technology are the biggest giants of the 21st century. Every sector realizes the importance of digitalization and the benefits of adopting technology. The belief that there are practically zero respites without going digital is...
Taking technology to another level and safeguarding you and your loved ones, Faibr-x, a Nanochemiqs venture, has recently introduced and developed protective anti-viral treatment services in its operations for your clothing. With Faibr-x, you can convert any piece of...
Anju Devi hails from Bihar. #PMEGP scheme helped her obtain a diploma in Madhubani painting and provided a loan to launch her enterprise. Keeping her passion for Madhubani art alive, she decided to turn it into an economic proposition and...
With an ambition to empower innovators and entrepreneurs across the country, Atal Innovation Mission (AIM), NITI Aayog has come up with a first of its kind Vernacular Innovation Program (VIP), which will enable innovators and entrepreneurs in India to...
The Ministry of Micro, Small, and Medium Enterprises (MSME) has been implementing various schemes /programs to promote innovation and upscale MSMEs inter alia MSME Champions Scheme, Credit Guarantee Scheme, MSE Cluster Development Programme, Public Procurement Policy for MSMEs, and...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
