On the 22nd of August, 2019, Nitin Gadkari, the Minister of Road and Transport and MSME announced the plan to launch Bharat Craft for Micro, Small and Medium Enterprises (MSME). Gadkari envisions this portal to compete with global giants, such…
Filling the loan application form is the first step towards applying for a business loan. Irrespective of the lender, whether a bank or an NBFC, it is an important step. From the loan lender’s point of view, assessment of risk…
There are many SMEs operating in India. Running an SME is not an easy task. It requires hard work, dedication, and taking the right decisions at all times. The SME owner manages many tasks single-handedly and does what is in…
SMEs in India contribute to around one-third of the country’s GDP- Gross Domestic Product. SMEs and MSMEs in India play a crucial role in India’s development and employ over 110.9 million people. In addition, many government schemes such as Start-up…
