MSME

Foreign Investment in MSMEs sector

Foreign Investment in MSMEs sector

The Ministry of Micro, Small, and Medium Enterprises (MSME Registration) runs a number of initiatives and plans for the country’s MSME sector’s growth. The government has implemented an investor-friendly policy to encourage foreign direct investment (FDI), with the exception of a few strategically important sectors/activities, all of which are open to 100% FDI under the … Read more

DPIIT establishing Credit Guarantee Scheme for Startups (CGSS)

DPIIT establishing Credit Guarantee Scheme for Startups (CGSS)

The Credit Guarantee Scheme for Startups has been formally announced by the Department for the Promotion of Industry and Internal Trade (DPIIT) (CGSS). Let us understand all the latest updates related to the latest credit guarantee scheme for startups through this article. What is the purpose of the Credit Guarantee Scheme for Startups? The purpose … Read more

Initiatives taken to create a conducive business environment

Initiatives taken to create a conducive business environment

The activities under Ease of Doing Business and Reducing Compliance Burden, which are intended to create a favorable business environment, are being led by the Department for Promotion of Industry and Internal Trade (DPIIT).  These various initiatives are taken to boost the MSME Sector which are India’s major contributor to GDP growth and also provider … Read more

Seed funding for startups in india

Seed funding for startups in india

One of the biggest challenges that entrepreneurs face is gathering initial funding to initiate their business. Entrepreneurs hesitate and worry if they want to launch a business, and don’t have enough capital to invest in it. As a result, the Indian government has launched a beneficial scheme to boost the economy, employment and entrepreneurship in … Read more

Know about MSME sustainable certification scheme

Know about MSME sustainable certification scheme

MSMEs are among the most powerful forces driving economic growth, therefore it becomes necessary to improve their ecosystem. Therefore, the government of India has made a plan known as MSME Sustainable Certificate Scheme. This scheme offers several benefits to businesses having MSME Registration and also encourages them to grow more. Through this article, you will … Read more

Is factory license mandatory for msme sector in india

Is factory license mandatory for msme sector in india

In India,  different types of relaxation have been provided to a number of organizations. The same goes for MSME Sector in India. Prior to launching a business, factory owners are required to register their facilities with local authorities under the 1948 Factory Act. A Factory License is an official government document granting permission to conduct … Read more

MSME registration for proprietorship firm registration

MSME registration for proprietorship firm registration

MSME Registration offers several benefits to every business entity. If you have a Proprietorship firm and want to avail several benefits from government or financial institutions, you must know about MSME Registration or Udyam Registration. In this article, you will understand MSME Registration for Proprietorship Firm. What is MSME? MSME stands for Micro, Small, and … Read more

All about Mudra loan for MSME business

All about Mudra loan for MSME business

Investors from all around the world are flocking to India, which has become a global hotspot for new businesses. Micro, small and medium businesses (MSMEs) have played a major role in India’s economic expansion. More than 40 percent of the nation’s GDP comes from the MSME sector, which is a major source of employment. In … Read more

ECLGS Scheme for MSME Registration Extended upto next year

ECLGS Scheme for MSME Registration Extended upto next year

The 2022 budget focuses on ‘digital and technology and areas including infrastructure, health, education, and the supply of e-services to the massive population. The Union Budget 2022-23 also brings several new updates for MSMEs. In this article, you will understand ECLGS Scheme for MSME Registration and other important updates in Union Budget 2022-23 for MSMEs. … Read more

How to apply msme loan for new business

How to apply msme loan for new business

India has multiple MSMEs. These MSMEs are present in both the goods and services sector. Furthermore, the MSMEs play an essential role in running the Indian economy by helping in exports. However, businesses at MSME from time to time need funding to expand and operate their business. In this article, you will understand the complete … Read more