State Bank of India (SBI), the nation’s largest bank, has launched ‘SME Digital Business Loans’. This move is aimed at revolutionizing MSME lending by offering a digital loan journey with a sanction turnaround time of up to 45 minutes....
The rollout of the Goods and Services Tax (GST) over six years ago under Prime Minister Narendra Modi's administration has left a lasting impact on India's economic landscape, particularly among micro, small, and medium enterprises (MSMEs). As the nation...
In the contemporary era, where time is of the essence and convenience is king, the advent of online shopping has revolutionized the retail landscape globally. The introduction of online shopping marked a significant turning point in the way consumers...
The COVID-19 pandemic, an unprecedented global crisis, sent shockwaves through economies, with India being no exception. Among the most affected entities were the Micro, Small, and Medium Enterprises (MSMEs), often hailed as the lifeblood of the Indian economy. As...
International MSME Day celebrates all fellow startup founders, business owners, and micro businesses to acknowledge their helping hand towards the country and making the globe a better place to live. Micro, Small, and Medium ventures have grown tremendously since...
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...
Adaptability in business operations is becoming an important part of a
company's success, especially in the MSME (Micro, Small and Medium
Enterprises) sector. MSMEs play a crucial role in the growth and
development of the Indian economy and the adoption of new
technology...
As per recent reports of NSS the number of Employment Opportunities generated by MSME and SME’s amounted to (number of persons) in micro enterprises during the year 2016-17, 2017-18, 2018-19, 2019-20, 2020-21 and 2021-22 (as on 15.11.2021) are 4.08...
Enterprises of all size be it medium, small or large are going towards Cloud Computing & adoption to stay relevant, competitive and benefit from the new age digitalization by over hauling their data structure in a secured atmosphere. To...
The MSME sector has experienced a lot of changes and gap in the
recent times. After the inception of the MSMED ACT 2006, many of
the MSME businesses came to fruition. There was a huge amount
of interest amongst the entrepreneurs to...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
