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Press ReleaseHow to get a loan for MSME
Posted on Monday, May 29th, 2023 |
Starting and running a successful MSME (Micro, Small and Medium Enterprises) business requires more than just a great idea. A crucial component of long-term success is managing finances effectively. Adequate financing is essential for a MSME business to sustain operations, invest in growth and stay ahead of the competition. However, despite the best efforts, sometimes…
Read moreWhich is the best kind of loan for MSME?
Posted on Friday, December 23rd, 2022 |
Expanding your small-scale business or setting up a new one requires well-structured financial assistance. Business expansion involves hiring employees, setting up new franchises, increasing marketing efforts, offering new products & services and producing the existing ones in a bigger volume. All of this requires a regular flow of funds. This is where MSME loans enter…
Read moreMSME Guide: Which businesses fall under MSME, and which don’t. See full list!
Posted on Tuesday, December 6th, 2022 |
The MSME, or the micro, small and medium enterprises are considered the backbone of the Indian economy. The contribution of MSMEs in accelerating the economic growth of the nation has increased manifold in the last 5 years. In 2019-2020, the contribution of Indian MSMEs in the India’s GDP stood at a whopping 30 per cent….
Read moreA Guide to the MSMED Act in India
Posted on Friday, December 2nd, 2022 |
The MSME or Micro, Small, Medium Enterprises for long had demanded for a single comprehensive law which will ease the challenges for small businesses by easing rules and regulations. In addition, groups like the Abid Hussain Committee (1997) and the Study Group led by Dr. S.P. Gupta (2000) recommended creating a proper legal framework for…
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