Digital revolution started taking place in the 1990s and now the digital revolution has spread spells and bounds, reaching new milestones every time. Initially, digital technology was an expensive affair and was available for only huge corporations but now, it’s…
#msme
Top Challenges faced by MSME due to COVID
As per the Annual Report of Department of MSMEs, there are 6.34 crore MSMEs in the country and around 51% of them are situated in rural India. The total employment provided is 11 crore but 55 per cent of employment.…
The Definition of Working Capital
Here’s an anecdote. An early-stage start-up had a groundbreaking product. They had created a proprietary mechanism that made your phone diagnostic equipment. And through your phones, you could measure your diabetes and blood pressure. The media lapped it up, and…
How Union Budget 2019 Is A Gift For MSMEs In India?
Union budget 2019 has brought early Diwali for MSMEs in India. The Economic Survey 2018-19 pointed out the need to promote start-ups to boost job creation. In the view of the same, Finance Minister Nirmala Sitharaman today announced several measures…
Budget 2019: Govt. To Set Up Dedicated Payment Platform For MSMEs
Finance Minister Nirmala Sitharaman today presented the first Budget 2019 in the second term of the Prime Minister Shri Narendra Modi in the form of Bahi khaata (accounts ledger). Among the key announcements, FM said that the government’s focus is…