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Wednesday, November 6, 2024

MSMEs

GST based Bill Discounting can Afford great Assistance for MSMEs

The Government and chief economists in India executed a GST based bill discounting system into reality. As per the report, the GST series in India rose via 6% to INR 1.03 lakh crore in November, reversing months of decay. ...

Indian Banks – How it can be a game-changer for the MSME sector

MSME sector is an account for greater than 80 percent of the overall commercial organizations, employs an anticipated 117 million workers, and makes contributions greater than 40 percent to manufacturing output and exports, according to a report of the...

Branding can provide Startups a Competitive Edge

Recognition is the foundation of any fruitful business, regardless of its size. While multinationals consider marking to be a basic piece of their business strategies, Small and Medium Enterprises (SMEs), which work on shoestring spending plans, regularly remain at...

Indian Government is forming policy on credit ratings for MSMEs: Nitin Gadkari

While speaking at the International Women's Entrepreneurial Challenge Foundation Union Minister Nitin Gadkari said, “the government is in the technique of formulating a policy on credit score scores for micro, small and medium enterprises(MSMEs) to help investors and other...

Demystifying India’s Smart Cities Mission:How realistic it is?

Indians living in smart cities are assessed to achieve upwards of 40% by 2030. The urban populace would be around 600 million people at that point. It is additionally assessed that the number of cities with populations of a...

PayU, the payments and fintech business of Prosus, leads the USD 11 million financing round in Fisdom

PayU, the payments and fintech business of Prosus, today announced its investment in Fisdom, a high growth consumer wealthtech platform in India. PayU leads the fresh round of investment worth USD 11 million through the acquisition of a minority...

Government’s measures to resolve the Delayed Payment issues of MSMEs

The 2019-20 Budget had proposed a latest payment platform for India’s micro, small and medium enterprises (MSMEs), defined as organisations whose investments are beneath Rs 10 crore within the instances of manufacturing elements and beneath Rs 5 crore inside...

DC MSME plans to setup 20 new Tech Centers across India

The Ministry of Micro, Small and Medium Enterprises (MoMSME) is scheming to set up as many as 20 new tech centers across India. Determined Price: DC MSME is planning to establish as many as 20 TCs throughout India at an approximate...

Government works on new MSME definition based on turnover

The new definition of Micro Small and Medium Enterprises (MSMEs) may be linked to turnover and take away the cutting-edge system of classifying devices primarily based on the capital deployed in plant and machinery. According to media reports, the MSME...

The Role of SIDBI in developing the MSMEs in India

The growth of the Indian Economy came into place with the significant role of Micro, Small and Medium Enterprises or MSMEs. Moreover, MSMEs have been playing a crucial part in the upliftment of the country’s socioeconomic arena. Their chief...
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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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