The Micro, Small and Medium Enterprises (MSMEs) plays an important role in manufacturing sector of the country.
For more information also read - https://smeventure.com/impact-of-high-repo-rate-on-msme-sector/
As per information received from Ministry of Statistics & Programme Implementation, the Share of MSME Manufacturing Output...
The term SIDBI stands for Small Industries Development Bank of India. It is an apex financial institution to support small, mid-sized businesses in India. SIDBI is a wholly owned subsidiary of IDBI, is geared for helping and financially assisting...
The Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles Piyush Goyal to release the results of third edition of Ranking of States’ to support Start-up Ecosystems on July 4, 2022 in a felicitation ceremony,...
Digital India needs to upskill its workforce
Given the growing importance of digital competences in today's technology-driven world, digital India has to upskill its workforce. Digital proficiency has been shown to be one of the most valuable assets. Being a...
Union Minister for MSME Narayan Rane and Minister of State for MSME Bhanu Pratap Singh Verma along with other State Ministers and senior officials inaugurated the ‘Enterprise India National Coir Conclave 2022’ being organised under the “Azadi ka Amrit...
Why are there fewer female entrepreneurs in India?
Women entrepreneurs face the following additional barriers due to a pronounced gender disparity in the male-dominated society.
For more information also read - https://smeventure.com/joint-review-of-ayush-trade-and-industry-by-piyush-goyal-and-shripad-naik-today/
Access to Finance
The issue of lack of finance...
An Introduction to Software-as-a-Service
The main reason why SaaS is the future is that it's a business model that determines the way applications will be delivered to customers. Cloud software and Software as a Service (SaaS) have near-zero marginal...
“At least 40% of businesses will die in the next 40 years if they don’t grab the digital opportunity to mark upon their digital transformation journey.”
India has 6.3 crore MSME units, contributing around 30% to its economy and employing...
How do MSMEs Contribute to the Indian Economy?
For the Indian economy with a population of 1.3 billion and the highest demographic dividend, the MSME sector is undeniably a crucial job provider. The spine of the Indian economy, the MSMEs...
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...
