Only 497 start-ups have been set up so far, which, even by the most conservative estimates, is set to be the lowest in the last three years by a huge margin
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News
Airtel Payments Bank looking at SME tie-ups & UPI to boost customer base
The Airtel Payments Bank is reaching out to small and medium enterprises (SMEs) through a salary portal, wherein salary will be directly credited into their bank account
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Digitisation must for success of micro industries: Experts
MSMEs constitute over 80 per cent of the Indian retail sector, and, with proper training and guidance, they are capable of revolutionising the future of our country
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Nepal PM impressed with Telangana’s start-up incubator; To replicate ‘T-Hub’ in his nation
Nepalese officials and business leaders to visit Telangana and discuss roadmap with state government officials for development of T-Hub like project in Nepal
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Why fintech start-ups are wooing India’s small businesses
Fintechs specializing in micro-financing are gaining the trust of Indian SMEs and MSMEs. Small and medium businesses have thrived in India for decades, specifically empowering smaller towns and cities.
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MSME Ministry gearing up a grievances portal for transparent governance
The portal is expected to build a know-how for the government as to how proactively the ministries and departments are addressing the issues raised by MSMEs
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Ministries’ decision on FDI proposals can’t be over-ridden, DIPP clarifies
The right to reject a foreign direct investment proposal in a sector vests with the designated administrative ministry and not the Department of Industrial Policy & Promotion. This is despite a provision in the rules that states that the DIPP’s “concurrence shall compulsorily be sought’’, a s…
Good News: Govt may soon introduce taxation incentives & a 3-month exit plan for start-ups
MoS for PMO Personnel urges State Governments to encourage new start-ups with “added assistance” and preserve traditional art-forms of region
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India’s growth story is not inevitable: Former RBI governor D Subbarao
Former Reserve Bank of India governor Duvvuri Subbarao has said that there are several challenges that need to be addressed before the Indian economy could take off. “India’s growth story is not inevitable,” he said. He was delivering the inaugural anniversary lecture: “India: Will the Elephant s…
NITI Aayog’s 3-year action agenda has potential to trigger development in country: Arun Jaitley
Niti Aayog’s three-year action agenda has the potential to trigger much more economic activity and development in the country than we have today, Finance Minister Arun Jaitley said on August 24. “This publication (three year action agenda) really has the potential for becoming, for those in gover…