Women-led enterprises now account for 39% of India’s registered MSMEs, and the government wants that share to rise to 50%, according to MSME Secretary Bharat Khera. Speaking at an event organised by India SME Forum with Google India, Khera...
The Ministry of MSME has made TReDS the mandatory settlement route for all operational Central Public Sector Enterprises when paying MSME suppliers for goods and services. The new rule is meant to speed up payments, improve transparency and give...
India’s commercial credit market has grown into a Rs 65.8 lakh crore ecosystem, but the benefits have not yet reached most registered MSMEs. According to the latest MSME Pulse Report by TransUnion CIBIL and SIDBI, only 41% of India’s...
The Madhya Pradesh government is planning to develop 81 new industrial areas across the state to create a bigger land bank for micro, small and medium enterprises. The move is aimed at expanding industrial activity, supporting local entrepreneurs and...
India’s MSME sector continues to be one of the country’s biggest economic engines, contributing 31.1% to GDP, 35.4% to manufacturing output and 48.58% to exports, according to the Ministry of MSME. The ministry also said formal registrations on the...
The Haryana chapter of the Rashtriya Jan Udyog Beopar Sangathan has called for the establishment of a dedicated MSME grievance redressal board, aimed at resolving small business challenges more efficiently. Addressing mediapersons in Panipat, Gulshan Dang, State President of...
mewt, the first-of-its-kind business banking aggregator for MSMEs of Bharat, today announced that it has successfully onboarded 125,000 MSMEs on its platform within a span of just two months (Jan-Feb 2022). mewt simplifies business banking by unifying state-run banks,...
A smart city is a city that makes use of connective digital technological knowledge, sensors and different appliance create a related network of contraptions all across the city. The approach of components plays a crucial role and influences all...
Running a company, big or small comes with numerous demanding situations. However, small businesses specifically face the project of ensuring smooth cash float. This component is important for the best protection and survival of your business. It contributes to...
With the rapid expansion & implementation of technology, small businesses have got the opportunity to adopt the latest technology in order to optimize their business model. If they implement the right technology at the right place, it can help mitigate...