As Union Finance Minister Arun Jaitely rose to present the Union Budget on February 1, an entire nation reeling under the impact of demonetization, watched anxiously. Jaitely didn’t disappoint them either. He simply drove in the measures to usher in digital economy and cashless economy. There was…
Budget 2017: FM should announce incentive on cashless transactions, better IT backbone
Reserve Bank of India might not have officially acknowledged, yet over 95 per cent of the demonetized currency of 500 and 1000 notes has returned into circulation. The Government still hopes to unearth 3-4 lakh crores of unaccounted wealth, deposited in the banks. Income Tax department with help …
नोट बंदी से आए तूफान से बचाव के लिए प्रधानमंत्री ने लिया कर्ज में छूट का सहारा
8 नवंबर 2016 की रात आठ बजे प्रधानमंत्री नरेंद्र मोदी ने 500 और 1000 के नोटों पर प्रतिबंध लगा कर देश पर चल रही समानांतर अर्थव्यवस्था पर लगाम लगाने की ओर एक बड़ा कदम उठाया। जैसा अनुमान था वही हुआ भी। नोट बंदी का सबसे बड़ा असर छोटे और मध्यम उद्योगों पर हुआ क्योंकि इनकी […]
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Demand Gap of Rs 2.93 trillion in MSME financing needs to be filled for a double digit growth
With country’s population growing at a rate of about 1.7 per cent, there are few jobs available to the youth today. An economic slowdown too is affecting the job market. The best case scenario to earn a descent living thus, is to start something of your own. It could be a cottage industry, …
Funds crunch crippling marketing avenues for MSMEs
The most common issues faced by Micro, Small and Medium Enterprises (MSMEs) are an acute dearth of easy finances and information on emerging markets. They are often unable to tap the markets because of lack of resources and a sound marketing techniques and infrastructure. They are also financiall…
To usher in ‘Acche Din’ for MSMEs, all Schemes should be brought under one umbrella
MSMEs contribute 45% of the total industrial output constituting 40% of the country’s total exports. The sector employ about 60 million people and create 1.3 million jobs every year. No wonder the Government has launched so many initiatives like Mudra Bank, Stand Up India, Start Up India, Pradhan…
We will continue to maintain the balance between depth and breadth of our business as we scale up | Ruchi Garg, Venuelook.com
Founded in 2013, Venuelook is currently an online-to-offline marketplace disrupting the Venue Discovery and Booking process for Weddings, Social and Corporate Events. Sharad Gupta, Editor, SMEpost.com caught up with Ruchi Garg, Founder and Chief Everything Officer, Venuelook. Here are excerpts of…
Digital thrust to MSME sector to speed up its growth | MSME Secretary KK Jalan
The NDA Government at the Centre has given a major thrust to the Ministry of Micro, Small and Medium Enterprises (MSME). This is one of the core areas for “Make in India” programme launched by the Prime Minister Narendra Modi. KK Jalan, Secretary of the Ministry has been piloting vari…