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Wednesday, December 25, 2024

Startups

Government’s move on changing the definition of MSMEs in terms of turnover – Reaction of Laghu Udyog Bharati (LUB)

Laghu Udyog Bharati, a national association of micro and small industries has opposed the move by the Union Government to amend the definition for micro, small, and medium scale enterprises (MSMEs) based on turn over. Reasons for opposition: If the Indian...

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...

How Digital Support can be Beneficial for SMEs to overcome challenges?

SMEs form the spine of the Indian economy with an evaluated 43 million registered and unregistered organizations across the nation granting employment to around 100 million people which deems for 40% of India’s workforce, second solely to the agriculture...

Advantages to the Startups by the Indian Government

Startups are growing very widespread in India. The government beneath the authority of PM Narendra Modi has begun and developed Startup India. To encourage growth and boost the Indian economy, numerous advantages are being provided to entrepreneurs building startups. Easy process The...

India decides not to join the RCEP – The great decision of Narendra Modi to benefit SMEs

The report says, India decided not to join the mega Regional Comprehensive Economic Partnership (RCEP) deal as negotiations did not deal with New Delhi’s concerns. It is reportedly stated that India’s opinion at RCEP is a robust idea of...

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,...

Potential and Challenges of the Pink revolution in the food processing sector

Pink Revolution is a term used to denote the technological revolutions in the Meat and Poultry processing sector. India has already noticed the 'Green' and ‘White’ revolutions in its food enterprise – associated with agriculture and dairy products respectively,...

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...

8 Major Government Schemes for Women Entrepreneurs

While conditioning, patriarchy, and absence of social help from their own families may be a few reasons for numerous women entrepreneurs, for most people, lack of monetary capital may be the main roadblock on their entrepreneurial journey. So, today we...

How Smart cities can be a boon for the MSME sector

The infrastructure in the Indian cities is disintegrating under the pressure of developing populace, prompting a large number of various issues that affect each and every urban citizen. Building smart cities seem to be the solution to handling these...
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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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