Govt Scheme Helping Small Businesses Go from Local to E-commerce This blog includes an overview of the MSME-TEAM Scheme, detailing its purpose of helping Micro and Small Enterprises (MSEs) connect to e-commerce platforms. It explains the role of ONDC in making it easier for small businesses to access digital commerce and provides eligibility criteria for […]
Union Budget 2024-25: 10 Measures taken to Boost Growth for MSMEs The 2024-25 Union Budget of India has introduced several measures to support the Micro, Small, and Medium Enterprises (MSMEs) sector. In this blog, you will get to learn about those measures including initiatives aimed at improving credit access, expanding financial support, enhancing export capabilities, […]
Introduction to Export-Import Finance Trade Finance provides essential support to MSMEs by enabling them to expand their operations and compete effectively in domestic as well as international markets with import & export. This article gives a fair idea to MSMEs about how the Trade finance (Import Export Finance) works , trade financing options for international […]
Blog 7- What MSMEs have received from Budget 2023-24? MSMEs have played a key role in promoting entrepreneurship and fostering innovation in India. They have helped to create a culture of innovation and risk-taking, which has led to the emergence of new and innovative products and services in various sectors. Considering the same, Government has […]
Blog 6-Collateral Free Loans for Women Entrepreneurs Without access to financial resources, property or an adequate credit history, for many women entrepreneurs the bank used to be the edge of the road . And, there also, the loan used to get rejected because of lack of collateral. However, now the Government of India has devised various […]
Delayed payments are a direct detriment to the working capital cycles and cash flows of a businesses, which are key components of business profitability. In this blog, we have talked about various provisions of Micro, Small and Medium Enterprises Development Act, 2006’ and how these provisions protect the MSMEs from defaulting buyers, who clog up payments these enterprises.
