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Wednesday, April 24, 2024

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Why MSMEs Require Fintech Solutions to Flourish in 2022?

MSMEs are the backbone of the Indian Economy, contributing 29.7% of the nation’s GDP. The Honourable Prime Minister’s vision is to increase its MSMEs contribution to Indian GDP by 50%. A jump from 30% to 50% requires an optimized...

Announcing XDR: The Future of Modern SOC | Unravelling Security

There is no shortage of challenges SOC teams face today: an ever-increasing barrage of advanced threats, an increase in number remote workers accessing the corporate network, proliferation of security tools to cover an expanding attack surface, an increase in...

Are MSMEs the Engines for the Indian Economy’s Success Wagon?

In 2019, Prime Minister Narendra Modi envisaged transforming India into a powerful $5 trillion economy by the year 2024-25. Micro and small industries were supposed to be crucial player in achieving the goal due to the exceptional contribution of...

Indian MSME sector and its Expectations from the Union Budget 2022-23?

The MSME sector forms the foundation of the Indian dream of an Atmanirbhar Bharat. But, the Covid-19 pandemic and resultant disruptions affected MSMEs’ earnings by 20-50%. The greatest brunt was borne by the SMEs because of reduced demand and...

PayU introduces versatile product suite for SMBs to access credit

PayU's new product suite gives easy access to credit PayU, India’s leading online payments solutions provider, has introduced a full-stack, versatile product suite to provide simplified access to credit for PayU’s 3.5 lakh merchants. PayU has launched three products –...

Digital Technology to Help MSMEs Spread Their Growth Wings

Digitization of Indian MSMEs Digitization and technology are the biggest giants of the 21st century. Every sector realizes the importance of digitalization and the benefits of adopting technology. The belief that there are practically zero respites without going digital is...

Convert any piece of cloth into a lifeguard tool with Faibr-x, a Nanochemiqs venture

Taking technology to another level and safeguarding you and your loved ones, Faibr-x, a Nanochemiqs venture, has recently introduced and developed protective anti-viral treatment services in its operations for your clothing. With Faibr-x, you can convert any piece of...

PMEGP Scheme of MSME-Anju Devi’s Journey to Self Reliance

  Anju Devi hails from Bihar. #PMEGP scheme helped her obtain a diploma in Madhubani painting and provided a loan to launch her enterprise. Keeping her passion for Madhubani art alive, she decided to turn it into an economic proposition and...

Atal Innovation Mission, NITI Aayog launches Vernacular Innovation Program (VIP) to Empower Innovators, Entrepreneurs in 22 Mother Tongues

With an ambition to empower innovators and entrepreneurs across the country, Atal Innovation Mission (AIM), NITI Aayog has come up with a first of its kind Vernacular Innovation Program (VIP), which will enable innovators and entrepreneurs in India to...

Promoting Innovation and Upscaling in MSME

The Ministry of Micro, Small, and Medium Enterprises (MSME) has been implementing various schemes /programs to promote innovation and upscale MSMEs inter alia MSME Champions Scheme, Credit Guarantee Scheme, MSE Cluster Development Programme, Public Procurement Policy for MSMEs, and...

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MSME Loan Schemes 2024: Empowering Growth and Sustainability

Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India's economy, contributing significantly to GDP, employment generation, and...