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Saturday, April 20, 2024

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Major Challenges and opportunities within the MSME sector

The MSME sector plays a pivotal role in the growth of the Indian economy. The majority of the growth in the MSME sector is brought by the new and innovative businesses that are building stuff useful for the local people as well...

Role of MSMEs in the face of a global economic crisis

MSME businesses are being adopted at an accelerated pace right now. It is of extreme importance for a country like India to have it MSME environment sound and well developed. Many of the traditional businesses are slowly finding their way into the...

Emerging business models bridging the credit gap in MSMEs

MSME businesses are one of the major key players in the Indian markets in the current era. It is very important to pay attention to the varieties of businesses that are trying to come to shape with the advent of this nascent...

Delayed payment is impacting the MSME sector post-pandemic

Covid-19 or Coronavirus as we all commonly know has been the most unbelievable event of the 21st century so far. Its implications have been felt far and wide making a deep wound in the collective psyche of the modern...

SIDBI Initiatives for MSME’s 2022

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...

Why SMBs are shifting towards Cloud?

Small and medium-sized businesses (SMBs) are evolving by introducing new technologies and innovation in the ecosystem. Small and Medium Businesses form the backbone of the Indian economy by contributing a massive 30% to India's total GDP. To boost the...

The Cheers and Boos of the Indian Budget 2022-23

India’s Finance Minister Nirmala Sitharaman tabled the Union Budget for the fiscal year 2022-23 in the parliament yesterday. So far, the budget has received mixed responses being applauded by a few but frowned upon by others. What do industry experts...

Indian MSME Sector: Glaring Challenges, Aspirations, and Road to Recovery

Challenges faced by the Indian MSMEs For the Indian economy with a population of 1.3 billion and the highest demographic dividend, the MSME sector is undeniably a crucial job provider but the challenges facing Indian MSMEs impede their growth. The...

India to Create a Unified Cyber Security Task Force

Data is the new oil, and technology is the new weapon. India is going digital at a fast pace post-pandemic. The question is, are we ready to rebuff the cyber threats that a digital India brings? What role will...

Extension of closing date of late fee amnesty scheme and time limit for filing of application for revocation of cancellation of registration under GST...

The Government, vide Notification No. 19/2021- Central Tax, dated 01.06.2021, had provided relief to the taxpayers by reducing / waiving late fee for non-furnishing FORM GSTR-3B for the tax periods from July, 2017 to April, 2021, if the returns for these...
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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...
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