Technology for MSMEs: With the new app by Google Pay, launched two years back in India, physical merchants can place a ‘Spot Code’ like a QR code at specific locations that customers would be able to scan.
Ease of Doing Business for MSMEs: The government had asked the industry to suggest if policy interventions are needed to help the chemicals sector grow as it has the potential to scale from $163 million to $304 million by 202
Credit and Finance for MSMEs: The company has enhanced its focus on click and mortar model as it eyes a hybrid operating model that contains a mix of physical stores in prominent retail locations and cloud kitchens, on the ot
SME of the Week: Among the most profitable branches of nanotechnology is Graphene-based and is also hailed as the ‘wonder material’ as the carbon material is known for being the thinnest and strongest material.
Ease of Doing Business for MSMEs: The government had last year revised the annual public procurement target for MSEs by the central ministries, departments from 20 per cent to 25 per cent of the total annual purchases.
Commerce minister Piyush Goyal had last week highlighted the ‘not satisfactory’ growth in exports this year despite the country’s huge export potential “due to the trade dispute between the US and China which has prov
The department had issued the draft more than five months after DPIIT came out with the draft e-commerce policy for regulating flow and storage of user data along with regulations governing e-commerce portal including Amazon,
The value of loan against property (LAP) assets managed by HFCs and NBFCs went up by only 8.3 per cent over the six months to December 2018 down from 15.4 per cent rise over the previous six months, Moody’s said.
MSME Minister Nitin Gadkari had said that the government is planning to launch the e-commerce portal Bharat Craft on the lines of Alibaba and is expected to get to the turnover of Rs 10 lakh crore in the coming few years.
Over the last couple of decades, Non-Banking Financial Institutions (NBFCs) have emerged as a convenient, affordable, and quick source of borrowing for SMEs particularly in remote areas where banks may not be in abundance.
The government will also provide 10 per cent extra subsidy to SC/ST entrepreneurs apart from the existing 15 per cent subsidy to all MSMEs on credit of up to Rs 1 crore for purchasing plant and machinery.
MSMEs believed no improvement has occurred with respect to improvement in the availability of land and the process to acquire it, the cost involved in the purchase of land, starting a business, labour, registering property, a
According to the MSME Samadhaan portal, 24,486 applications have been filed by MSEs involving Rs 6,274.66 crores out of which 1,420 applications are disposed of by the Micro and Small Enterprise Facilitation Council (MSEFC) w
Swiggy Go and Stores have helped the foodtech unicorn Swiggy to make the hyperlocal delivery market more competitive for existing players such as Google-funded and Bengaluru-based Dunzo and other smaller players such as Chen
While the Steering Committee on Fintech made recommendations but it should have highlighted roadblocks in their adoption and what could be the roadmap in their implementation, according to Pradeep S Mehta, Secretary General,
Calling for an ‘equal opportunity’, 87 per cent of sellers surveyed said that brands have no right to restrict which sellers will sell their goods online since they there is no such enforcement in selling goods offline.
The small and micro retailers and distributors in Haridwar are scattered across categories including woollen garments, puja articles, handicrafts, artificial jewellery etc., and have tourism as their primary source of busines
Global technology corporations including Whatsapp, Dell, Intel, HP, Vodafone Idea has partnered with industry body CII and Ministry of MSME along with banking partner YES Bank to facilitate India’s MSMEs.