To address the regular requirement of working capital including small ticket size loan by Micro, Small and Medium Enterprises (MSMEs) and to stay afloat, the Government has taken a number of initiatives in recent years which inter-alia includes measures...
The Ministry of Micro, Small and Medium Enterprises has introduced AI and ML powered tools on its single window system ‘Champions portal website’ in order to take an active effort in matters related to MSME’s. This multi-modal system also...
MSME’s have a very important role to play in the economy of the country like India. The development of MSME’s is essential to meet the national imperatives of financial inclusion and generation of significant levels of employment opportunities across...
Tata Tele Business Services (TTBS), India’s leading B2B digital services provider hosted its flagship industry forum CXO Round Table discussion on “Enhancing Hybrid Work Models & Security with Technologies”. The discussion was hosted in the presence of leading CXOs...
The cluster development approach has been adopted by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India (GoI), as a key strategy for boosting the productivity and competitiveness as well as capacity building of Micro and...
According to statistics, investments in Indian startups have risen dramatically in recent years, from $6.6 billion in 2018 to $10 billion in 2020 and up to $36 billion in 2021. This demonstrates that India has a large number of...
Small firms and shops who are already under pressure due to the Covid-19 effect and skyrocketing inflation will be negatively impacted by a hike in the repo rate, which has a direct impact on lending rates. Retailers with few...
At the end of last year, seven of the most valuable companies by market cap were platform based business. These companies reaped the advantages of ‘ecosystem network multiplier effect’catalysed by platforms. In India too, organisations like Reliance and Tata...
The term SIDBI stands for Small Industries Development Bank of India. It is an apex financial institution to support small, mid-sized businesses in India. SIDBI is a wholly owned subsidiary of IDBI, is geared for helping and financially assisting...
Micro Small and Medium Enterprises (MSMEs) are leading in the industries affected by COVID-19. Clear rules on access to financing, markets, and cutting-edge technologies, as well as a favorable environment produced by sensible government policies and legislation, can all...
The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
