The SME sector plays as a very critical aspect in the economic development of the country. It contributes to 40%, exports that happen in India, 45% in the manufacturing output and close to 20% GDP of India. It is...
1. Do you agree that implementation of the GST would be a boon for the economy? Can you please elaborate?
GST is a move towards higher economic growth by creating a ‘common economic market’. It is a major step towards...
The SMEs (Small and Medium Enterprises) in India have been flourishing amidst the highly competitive and challenging environment, experiencing several lows and highs in the past few years. The Indian economy is expected to be emerging as one of...
The first step in the partnership is connecting SMEs’ bank accounts with Xero’s online accounting software. This will allow SME customers to access in real-time, a consolidated view of their financial accounts, including cash in the bank, from any...
The Great Financial administration is basic to the accomplishment of any business, however, it is especially vital in small to medium enterprises (SMEs) where the danger of gratitude is frequently minimal more than an unpaid receipt away. A key...
The significant feature which distinguishes any company especially the SMEs (Small and medium Scale enterprises) from the others is the implementation of its management system including the production, distribution, marketing, human resource management and so more. It is the...
The implementation of the GST has been long awaited in the federal country of India. The implementation of the GST promises easy trading across the state borders of the country and better compliance for the businesses that are burdened...
Expectations of the Startups from the Union Budget 2017
It was in 2016 that Prime Minister, Narendra Modi gave a headstart to the “Startup India” campaign. This campaign was aimed at boosting effective entrepreneurship in the country. This was followed...
The Indian economy is on the path of steady growth with the manufacturing sector of the SMEs. The structural transformation of the manufacturing sector in India has observed a spectacular growth in the past few decades. The manufacturing sector...
It is a surprising fact that out of the ratio of 50 million SMEs (Small and Medium Enterprises), only around 6-7% of the SMEs manage to get the adequate funding for themselves. As the Indian startup industry is blooming,...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
