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Saturday, November 23, 2024

MSME

Why investors in India are only focusing on startups at the cost of SMEs?

In recent years, there’s been huge investing pouring in for startups in India, predominantly in the technology domain whether its mobile apps based services or online retail.  However, recent media reports have suggested that venture capital funding and deals...

Finance Minister launched MSME ‘Outreach Initiative’ to Restructure Stressed Assets

Finance Ministry has released Micro Small and Medium Enterprises (MSME) 'Outreach Initiative' for the restructuring of accented standard assets. MSME Outreach Initiative: The Finance Ministry stated in a announcement that ''To deal with the operating capital needs of MSMEs resulting from...

Why SMEs should have a digital marketing campaign?

Digital marketing campaigns have turned out to be imperative choices with respect to contacting a wider audience. Going digital implies going online and, in that capacity, furnishes you with an adaptable marketing potential. Since technology has immediately progressed amid...

Role of India in manufacturing Security Economy

Manufacturing Industry has turned into a key piece of Prime Minister Modi's government strategy for development in India. India is utilizing electronic items at an unparalleled rate and in the present economy, India is importing over $170B of oil,...

RBI relaxed lending rules for NBFCs for Agriculture, MSMEs and Affordable Housing

Now the banks were allowed on-lending to agriculture as much as Rs 10 lakhs and micro and small businesses as much as Rs 20 lakh and housing up to Rs 20 lakh per borrower to be categorized as priority...

Why should Banks step up lending to SME sector?

MSME segment has risen as an exceptionally lively and dynamic area of the Indian economy. The sector contributes around 8% of India's GDP, 40 % of the exports and 46% of the manufacturing output. The development in the manufacturing...

Union budget 2019 – Expectations of the Fintech Industry

It is an undisputed truth that fintech has the capability to play a giant position in shaping India’s economy within the near future. Fintech has emerged now not as a replacer, but as an enabler as a monetary industry...

Nitin Ghadkari’s New MSME Credit Scheme Plans for the employment growth

MSME Credit Scheme: The Micro, Small and Medium Enterprises (MSMEs) contribute 29 percent to India’s GDP and generate employment possibilities for over 100 million individuals. If the CII survey is to be believed the field has created essentially the...

Himachal government relieves norms to advance MSME projects

The Himachal Pradesh executive has decided to enable entrepreneurs establishing, micro, small and medium businesses (MSME) in the state to put into effect their initiatives via a process of self-certification for as much as two years. The move, like...

Nitin Gadkari has been selected as the MSME Minister of India in Modi Govt 2.0

As the stage is placed for Narendra Modi to board upon his second innings as a Prime Minister of India, all were waiting to know what ministry will be chosen in the NDA’s new cabinet in swearing ceremony. However, the...
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GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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